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Business Interests
We value equity interests and reporting units for the financial statements, including purchase price allocations and impairment testing, in a report written for your auditors.
Financial Reporting Valuation
Financial reporting valuation services covering machinery and equipment, inventory, and business interests, prepared to support audit and accounting requirements. AppraiseItNow values fixed assets, capital equipment, and business interests for balance sheets, purchase price allocations, and impairment testing.
DEFENSIBLE, USPAP-COMPLIANT APPRAISAL REPORTS — QUALIFIED FOR THE IRS, AUDITORS, AND THE COURTS.
Business Interests, Machinery, Equipment, and Inventory AppraiseItNow Values for Financial Reporting
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Machinery & Equipment
We appraise fixed assets for book value, fair value reporting and fixed asset ledger updates, with each item’s value supported in the report.
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Business Inventory
We value inventory for balance sheet reporting, write-downs and audit support, covering retail stock, raw materials and finished goods.
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Joe Kattan
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.
Justin Ramirez
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.
Raymond Ghelardi
Business Valuation Expert & Appraiser
Accredited Senior Appraiser with the American Society of Appraisers. Raymond values capital stock, business enterprises, stock options, and intangible assets.
Anne Hay
Personal Property Appraiser
ISA Accredited Member with 30 years in the trade, from running estate sales and an auction gallery to appraising luxury apparel, furniture, artwork, antiques, and business assets, primarily for IRS tax filings.
Jason Dolph
Machinery & Equipment Appraiser
Third-generation auctioneer and CAGA Certified Appraiser with more than 20 years valuing machinery, equipment, vehicles, business assets, and estates for banks, attorneys, and trustees across the Carolinas.
Ashley Innes
Personal Property Appraiser
ISA Accredited Member specializing in Asian art, with a Master's from SOAS and a Postgraduate Diploma in Asian Art. Ashley chairs the ISA's Antiques, Furnishings, and Decorative Arts committee and appraises for charitable donation, insurance, and equitable distribution.
Marnie Erkelens
Vehicle Appraiser
CAGA Certified Appraiser since 2014, covering vehicles, boats, equipment, fine art, and collectibles. A classic-car restoration background informs her vehicle work, with reports prepared for insurance, divorce, and charitable contributions.
Aron Blue
Client Success Manager
Manages each engagement from the first enquiry to the delivered report, and keeps you posted at every step along the way.
- USPAPWritten to the Uniform Standards of Professional Appraisal Practice
- Rev. Rul. 59-60 and ASC 820The valuation framework the IRS, auditors, and courts test a business value against
American Society of AppraisersAccredited Senior Appraiser- ABV®AICPAAccredited in Business Valuation
- CFA®CFA InstituteChartered Financial Analyst
International Society of AppraisersAccredited Member
Certified Appraisers Guild of AmericaCertified Appraiser
The Appraisal FoundationAuthorized by Congress as the source of appraisal standards
IRS-qualified appraisals establishing fair market value for financial statement and tax reporting compliance. AppraiseItNow appraises equipment and machinery, business interests, and inventory to support accurate and defensible financial reporting.
What is financial reporting appraisal?
A financial reporting appraisal is an independent valuation used to support amounts recognized or disclosed in financial statements. These analyses often relate to tangible assets such as machinery, equipment, vehicles, and inventory, as well as businesses or other interests where fair value measurement is required.The work helps management substantiate conclusions, provides documentation for auditors, and supports consistency in ongoing reporting. Assignments are typically developed in accordance with recognized professional standards and structured to withstand third-party review.
About AppraiseItNow's Financial Reporting Appraisal Services
Financial reporting appraisals establish fair market value for assets and business interests included in financial statements and tax filings. These valuations are required when noncash charitable contributions exceed $5,000 (triggering Form 8283, Section B), when gifts surpass the annual exclusion of $19,000 per recipient in 2025 (Form 709), or when non-publicly traded assets appear on estate tax Form 706. Appraisals must be completed no earlier than 60 days before the relevant event and no later than the tax return due date, and must comply with IRS qualified appraisal standards.
AppraiseItNow delivers financial reporting appraisals online and onsite across the United States, covering equipment and machinery, business interests, and inventory. Our credentialed appraisers produce USPAP-compliant reports with the documentation, methodology disclosure, and appraiser credentials required by the IRS. Our mission is to deliver defensible, USPAP-compliant valuations with exceptional speed, professionalism, and client service.
What Does AppraiseItNow Appraise for Financial Reporting?
AppraiseItNow covers every major asset class that commonly requires valuation for financial reporting purposes, including:
- Equipment & Machinery – medical equipment, restaurant equipment, manufacturing machinery, and technology assets
- Business Interests – LLCs, S-corps, partnerships, fractional interests, and privately held stock
- Inventory – retail inventory, wholesale stock, raw materials, and finished goods
Who Does AppraiseItNow Serve?
- CPAs and tax professionals preparing Form 8283, Form 709, or Form 706 filings who need qualified appraisals to support client returns
- Business owners and their advisors requiring defensible valuations of closely held interests, LLCs, or partnerships for financial statement inclusion
- Controllers and CFOs documenting equipment, machinery, or inventory values for audit support and GAAP compliance
- Estate attorneys and trustees managing non-publicly traded assets that must be reported at fair market value for tax purposes
- Nonprofit organizations and their donors substantiating noncash contributions of equipment or inventory exceeding IRS reporting thresholds
What clients say we are known for
AppraiseItNow Reviews: “They were wonderful to work with” and “The team was highly knowledgeable, helpful, and efficient”
- Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
- Answering fast, and staying reachable while the work runsMentioned in 34 reviews
- Showing the research and the comparables behind the number“Joe and his team were very professional, fast and thorough” Tom D.Mentioned in 29 reviews
- Delivering the finished report ahead of the deadlineMentioned in 21 reviews
- Taking on items other appraisers had already turned downMentioned in 14 reviews
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.
Responsive, professional, first class deliverables -- especially considering that that the appraised assets are extremely complex financial assets with little by way of comps. The deliverable satisfied my accountants and advisers as being more than adequate to support the valuation needed to complete a conversion to a Roth IRA
Dave T., Ocala, FL · Business Valuation Appraisal for IRA Conversion
Affordable and reliable, with fast service and always responsive to my messages and questions. They delivered my appraisal on time without a glitch. 100% Recommended! I wouldn’t use anyone else for my business. Thank you, Joe — you’re great!
Ana R. , Lawrence, MA · Machinery & Equipment Appraisal for Bankruptcy Filing
The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
Steve R., Northbrook, IL · Business Valuation Appraisal for IRA Conversion
Joe and his team were very professional, fast and thorough. Highly recommend
Tom D., Acushnet, MA · Machinery & Equipment Appraisal for Mergers & Acquisitions
AppraiseItNow did an outstanding job appraising my 1998 Bobcat Skid Steer and circa 2010 Yuchai Crawler Dozer. We could not locate a serial number on the dozer, and there were no online sales available, but they were still able to develop an accurate appraisal using known specifications for my dozer compared to other comparable make and model dozers. They diligently researched both equipment items and provided well-documented reports.
Bob H. , Dallas, TX · Machinery & Equipment Appraisal
I was in dire need of an appraisal for my father's mobile home, which he needed for Medicaid approval. I couldn’t find anyone to do it for a long time, but then I found this company online and decided to give them a try. I’m so glad I did. They were wonderful to work with. I sent the pictures, and within just a few days I received the appraisal. They are absolutely worth the money.
Kevin N. , Wellsburg, NY · Mobile Home Appraisal
Appraisals for Financial Reporting, Near You
AppraiseItNow offers online appraisals and onsite appraisals in all 50 states.
Browse all states by region
Featured Financial Reporting Appraisal Case Studies
Minority Interest Valuation for Investment Advisory Firm
October 1, 2025
A minority stake in a young registered investment advisory firm with only a few years of compiled financials to forecast from.
Valuation of Biotech-Linked Asset Portfolio for Proposed Transaction
September 19, 2025
A call right, an annuity, a milestone payment and a royalty stream tied to clinical-stage biotech programs, valued for a proposed sale.
Business Asset Appraisal for Strategic Financial Planning
August 1, 2025
An Idaho company's business personal property, valued from its own inventory records and photographs for planning decisions.
Frequently Asked Questions on Financial Reporting Appraisals
What valuation date rules apply to financial reporting appraisals?
For charitable contributions, the appraisal date cannot be more than 60 days before the donation and must be completed no later than the tax return due date, including extensions. This timing requirement ensures the valuation is relevant to the reported event or filing.
What are the risks of undervaluing assets in a financial reporting appraisal?
Undervaluation of illiquid assets can trigger IRS audits and accuracy-related penalties ranging from 20 to 40 percent, and intentional misrepresentation can result in fraud charges. Closely held business interests and assets above IRS thresholds receive heightened scrutiny, making a credible, well-documented appraisal essential.
Is a financial reporting appraisal required for estate tax Form 706?
Yes. Non-publicly traded assets such as closely held stock, partnership interests, and other illiquid property reported on Form 706 Schedule F require a qualified appraisal to substantiate fair market value. The IRS expects adequate disclosure, particularly when values are material or subject to review.
Is fair value on financial statements the same as fair value in a shareholder dispute?
No. For U.S. GAAP reporting, fair value follows the ASC 820 definition: the exit price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. The fair value used in some shareholder and divorce statutes is a legal concept that often excludes discounts for lack of control or marketability. Treating the two as interchangeable can materially misstate reported values, so the engagement must pin down which definition governs before any number is developed.
How does classifying equipment as held for sale change its reported value?
It moves the asset to fair value less selling costs and stops depreciation, even if the equipment was previously held and used. Federal Reserve accounting guidance applies exactly this treatment, mirroring the held-for-sale model in the broader standards. The reclassification typically triggers an asset-specific appraisal, and the estimated selling costs draw their own scrutiny, so support for both the value and the disposal costs needs to be in the file.