If you sent us a request between 28 July and 5 August, it did not reach us. A fault on our form stopped some messages from coming through. Please call (301) 820-7664 or fill the form again. We're sorry for the inconvenience.
Business valuations for charitable donations, prepared in accordance with IRS Form 8283 Section B requirements for gifts above $5,000. AppraiseItNow provides defensible fair market value reports for business interests, including fractional stakes, to support your deduction.
IRS Form 8283 QualifiedJoe and Aron were extremely impressive… could not have been more helpful
DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, RECEIVING CHARITIES, AND TAX PREPARERS.
.jpeg)
Owner & CEO
Joe founded AppraiseItNow to make a certified, USPAP-compliant appraisal as simple to order as anything else online. A former Bain & Company strategy consultant, Joe leads the entire team and specializes in strategy, growth, and the firm's tech capabilities.
Business Valuation Expert & Appraiser
ASA, ABV, and CFA charterholder. Since 2016 Justin has valued businesses for estate and gift tax, purchase price allocations, fairness opinions, lending, and buy-sell agreements, across manufacturing, services, retail, and pre-revenue biotech.
Business Valuation Expert & Appraiser
Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
American Society of AppraisersAccredited Senior Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standardsIRS Form 8283
Once the deduction you claim for donated business interest passes $5,000, the IRS requires a qualified appraisal and Section B of Form 8283. We prepare the appraisal and complete the appraiser's part of the form.
A qualified appraisal is required for items reportable in Section B and in certain cases must be attached.
A donor who gives stock, LLC units, or a partnership interest to a charity or a donor-advised fund deducts the interest's fair market value, and the IRS requires a qualified appraisal to support that deduction. We value the specific interest donated, as of the contribution date, and document every input a reviewer will test.
What we value
The deduction rests on what the donated interest itself would sell for, so that is what we value:
Discounts
A minority or non-voting interest is worth less than its pro-rata share of the company. We quantify discounts for lack of control and lack of marketability from the interest's rights, transfer restrictions, and liquidity, and state the support in the report, because discount size is the part of a donation valuation the IRS most often contests.
Approaches
Book value and original cost are not evidence of fair market value. We select among the income, market, and cost approaches from the company's financial statements, earning capacity, comparable transactions, and any prior sales of the interest, and explain why each was applied or set aside.
Business valuations run remotely. Most of what we need is already on file with the owner or the CPA, and we coordinate with both so the report is dated inside the IRS window and ready before the return is filed.
Documents
The engagement starts with the documents that define the company and the interest:
The report
The report describes the donated interest, states the contribution and valuation dates, the standard of value, the approaches and data used, and the discounts applied with their support, and it states that it was prepared for income tax purposes. Our appraiser signs the Declaration of Appraiser in Part IV.
Thresholds
Nonpublicly traded stock claimed at more than $10,000 requires a qualified appraisal, and other business interests need one above $5,000. Publicly traded securities with quoted prices need none. We confirm which rule applies before quoting the engagement.
What clients say we are known for
Across 80+ published AppraiseItNow reviews the picture is consistent: every one is from a client who paid us for an appraisal, and the three things they raise most often are that they would hire us again, how quickly we answer, and how much research is visible in the report.
Joe and Aron were extremely impressive - the entire process went very smoothly. They were always quick to respond to any questions I had and could not have been more helpful. They were aware of some tight time restrictions I had and made sure I received my reports in a timely fashion. I highly recommend them to anyone needing a valuation.
Business Valuation Appraisal for Charitable Donation
I used AppraiseItNow to examine a contribution to a foundation. Their work was quick, thorough, and easy to work with, as they’ve developed a simple system for uploading documents. I plan to use them again.
Business Valuation Appraisal for Charitable Donation
I found them professional & responsive. The report was quite thorough as well.
Business Valuation Appraisal for Charitable Donation
From the start they were very responsive, price competitive, and had a quick turn around time. Thank you so much to Joe who was very sweet in responding to my emails; I am looking forward to utilizing AppraiseItNow for many years to come.
Very thorough and professional — great communication and outstanding service. Highly impressed with their work!
Fair market value under Treasury Regulation 1.170A-1(c)(2), applied to closely held stock through the Revenue Ruling 59-60 factors. Once the claimed value of the interest exceeds $5,000, the deduction must be supported by a qualified appraisal, and IRS Publication 561 expects the report to document valuation methods, financial data, discounts, and any agreements or restrictions affecting value.
Yes. The IRS asserts that the same discounts for lack of control and marketability that apply to noncharitable gifts also apply to charitable gifts of partnership, LLC, and closely held corporate interests, often reducing appraised value by 10 to 50 percent. Discount magnitude is the most commonly disputed element, so the appraisal needs empirical support for every percentage applied.
The deductible amount must be reduced by any ordinary income element embedded in the donated interest, such as inventory or unrealized receivables, rather than claiming full fair market value. A donor who ignores this reduction claims a larger deduction than IRC Section 170 allows, which is a frequent audit adjustment for gifts of operating business interests.
No. IRS guidance warns that book value alone is not sufficient; the appraisal must weigh earning capacity, dividend-paying capacity, goodwill, and comparable sales under Revenue Ruling 59-60, using cost, market, or income approaches. We ground each donated-interest valuation in company financials and market evidence so the claimed deduction can withstand review.