IRS Form 706 appraisals in Arizona for personal property, equipment and machinery, fine art, business interests, boats and watercraft, and automobiles and vehicles. AppraiseItNow provides credentialed, USPAP-compliant IRS Form 706 appraisals online and onsite across Arizona, including Phoenix, Tucson, and Scottsdale.
Credentialed, best-in-class appraisers across assets
.avif)
Joe Kattan
Anne Hay, ISA AM
Jason Dolph, CAGA
Ashley Innes, ISA AM
Justin Ramirez, ASA, ABV, CFA
Marnie Erkelens, CAGA
Raymond Ghelardi, ASA
Aron Blue
Frequently Asked
Questions
No Frequently Asked Questions Found.
About IRS Form 706 Appraisals in Arizona
AppraiseItNow provides qualified, USPAP-compliant appraisals for IRS Form 706 estate tax filings throughout Arizona, covering the full range of non-cash assets that must be reported at fair market value as of the date of death. Arizona estates exceeding the federal exemption threshold, $13,990,000 in 2025, require Form 706 filing, and even smaller estates may need appraisals to claim portability of the unused exclusion for a surviving spouse. Arizona's community property rules also mean that only the decedent's half-interest is reported, making accurate, defensible valuations especially important. Our mission is to deliver defensible, USPAP-compliant valuations with exceptional speed, professionalism, and client service.
Both remote and onsite appraisal options are available through appraisal services in Arizona, making it straightforward to obtain valuations regardless of where assets are located across the state. For estates in rural areas or those involving assets like farm equipment or watercraft, remote appraisals offer a practical, efficient solution without sacrificing quality or IRS compliance.
What Does AppraiseItNow Appraise for IRS Form 706 in Arizona?
AppraiseItNow covers every major asset class commonly required for estate tax reporting in Arizona, including:
- Personal Property, including jewelry, antiques, furniture, coins, collectibles, and household goods
- Equipment & Machinery, including medical equipment, restaurant equipment, manufacturing machinery, and technology assets
- Fine Art, including paintings, prints, sculpture, photography, and mixed media
- Business Interests, including LLCs, S-corps, partnerships, fractional interests, and privately held stock
- Boats & Watercraft, including sailboats, powerboats, yachts, jet skis, and personal watercraft
- Automobiles & Vehicles, including cars, trucks, motorcycles, RVs, trailers, and classic vehicles
Who Does AppraiseItNow Serve in Arizona for IRS Form 706?
AppraiseItNow works with executors, estate attorneys, trust officers, CPAs, and family representatives managing Arizona estates that require qualified appraisals for federal estate tax compliance. This includes estates with diverse asset portfolios spanning Scottsdale, Phoenix, Tucson, and rural Arizona communities where farms, ranches, and specialized equipment may require valuation under IRC Section 2032A special use elections.
5-Star Valuation Services, Loved by Hundreds
Can AppraiseItNow handle IRS Form 706 appraisals in Arizona?
Yes, AppraiseItNow provides IRS Form 706 estate tax appraisals for clients throughout Arizona. Our qualified appraisers are experienced with federal estate tax requirements and can support executors and attorneys navigating the filing process.
What types of assets can be appraised for an IRS Form 706 estate tax return in Arizona?
AppraiseItNow appraises a wide range of assets for IRS Form 706 purposes, including vehicles, machinery and equipment, business interests, artwork and collectibles, jewelry, and personal property. Each appraisal is completed to meet IRS qualified appraisal standards.
Are your IRS Form 706 appraisals USPAP compliant?
Yes, all of our appraisals follow the Uniform Standards of Professional Appraisal Practice, which is required for IRS qualified appraisals. USPAP compliance helps ensure your reported values hold up under IRS review.
Why would an Arizona resident need an IRS Form 706 appraisal?
Arizona estates that exceed the federal exemption threshold, which is $13.99 million for 2025 decedents, require IRS Form 706 to be filed with supporting appraisals for non-cash assets. Arizona's community property laws also add complexity, since only the decedent's one-half interest in community property must be valued and reported. Executors handling estates with farms, ranches, business interests, or significant personal property collections commonly need qualified appraisals to substantiate those values.
Can I get an IRS Form 706 appraisal done remotely if I'm in Arizona?
Yes, AppraiseItNow offers remote and online appraisal services for clients across Arizona. Many asset types can be appraised using submitted documentation, photographs, and records without requiring an in-person visit.
How is pricing determined for an IRS Form 706 appraisal in Arizona?
Fees depend on the asset type and scope of the appraisal. Visit our pricing page for ranges or contact us.
How long does an IRS Form 706 appraisal typically take to complete?
Turnaround times vary by asset type:
- Vehicles: 3 to 5 days
- Personal property and equipment: 7 to 10 days
- Artwork: 5 to 7 days for simple projects, 2 to 3 weeks for complex assignments
- Business valuations: 2 to 4 weeks
- Inventory: 2 to 4 weeks
Who prepares the appraisal report?
All reports are prepared by qualified appraisers with relevant credentials and experience in their asset categories. AppraiseItNow appraisers meet IRS requirements for qualified appraisers under Treasury Regulations, ensuring your report is defensible for estate tax purposes.
Are there any Arizona-specific rules that affect IRS Form 706 appraisals?
Arizona is a community property state, which means only the decedent's one-half interest in jointly held community assets is included in the gross estate and valued at date-of-death fair market value. Arizona has no state estate tax or inheritance tax, so filings focus entirely on federal requirements under the IRC. Arizona probate proceedings under A.R.S. Title 14 handle asset distribution separately and do not alter federal appraisal deadlines or valuation standards.
What information do I need to provide to get started?
To begin, it helps to have a description of the assets to be appraised, any available documentation such as titles, purchase records, or prior appraisals, and the date of death for the decedent. Our team will guide you through any additional requirements based on the specific assets involved.
Will an IRS Form 706 appraisal from AppraiseItNow be accepted by the IRS?
Yes, our appraisals are prepared to meet IRS qualified appraisal standards, including USPAP compliance and qualified appraiser credentials. This positions your estate tax return to withstand IRS scrutiny and reduces exposure to understatement penalties.
How does Arizona's community property status affect what gets reported on IRS Form 706?
Because Arizona is a community property state, spouses hold equal undivided interests in marital assets, so only the decedent's one-half share is included in the taxable estate and valued at date-of-death fair market value. Federal IRS rules govern this valuation without any Arizona-specific overrides, and Arizona probate proceedings do not change how that fair market value is determined.
What documentation is needed for a special use valuation election on an Arizona farm or ranch?
For a Section 2032A special use valuation, the executor must provide a qualified appraisal showing actual use value rather than fair market value, proof that the property qualifies as agricultural land, and written consents from all qualified heirs accepting personal liability for potential recapture tax. An election statement must be attached to IRS Form 706 detailing material participation, farm or ranch use, and heir qualifications, along with post-death records of continued qualified use for up to 15 years.
Does Arizona's probate process affect the deadlines for completing an IRS Form 706 appraisal?
No, Arizona probate under A.R.S. Title 14 governs asset distribution and runs separately from federal estate tax requirements. IRS Form 706 appraisals follow federal deadlines, due 9 months after the date of death with a possible 6-month extension, regardless of where the probate process stands.
Since Arizona has no state estate tax, does that simplify the IRS Form 706 filing?
Yes, Arizona repealed both its state estate tax and inheritance tax, so there are no state death tax deductions available on IRS Form 706. Filings focus solely on federal thresholds, deductions, and computations under the IRC, which streamlines the process compared to states that impose their own death taxes.
What happens if a qualified heir stops using an Arizona farm or ranch under a Section 2032A election?
If the qualified use ceases within 15 years due to a sale or discontinued agricultural use, an additional estate tax applies to the heir equal to the lesser of the amount realized or the deferred tax amount. The heir must file IRS Form 706-A reporting the taxable event, and personal liability is enforced through the consents signed at the time of the original election.
APPRAISEITNOW APPRAISERS ARE BEST-IN-CLASS & CREDENTIALED BY LEADING APPRAISAL ORGANIZATIONS LIKE THE ISA, ASA, & MORE.
