Maryland Business Valuation

5.0from 80+ client reviews

Business valuations in Maryland for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, partnerships, corporations, professional practices, and franchises across Maryland, including Baltimore, Annapolis, and Rockville.

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DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, MARYLAND COURTS, LENDERS, INSURERS, AND MORE.

  • IRS
  • GASB
  • Maryland Courts
  • U.S. Small Business Administration
  • Chase
  • M&T Bank
  • Bank of America

Credentialed Appraisers Serving Maryland

Between them, our business valuation appraisers hold ASA, ABV, and CFA designations, and every report is written to USPAP for the IRS, Maryland courts, lenders, insurers, and more.

Joe Kattan

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

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

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.

Aron Blue

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
  • American Society of AppraisersAccredited Senior Appraiser
  • AICPAAccredited in Business Valuation
  • CFA InstituteChartered Financial Analyst
  • The Appraisal FoundationAuthorized by Congress as the source of appraisal standards

About Business Valuation Appraisals in Maryland

AppraiseItNow provides professional business valuation appraisal services throughout Maryland, supporting clients across a wide range of financial and legal needs including charitable donations, mergers and acquisitions, gift tax reporting, and IRA conversions. Our business valuation appraisals are conducted by credentialed, independent experts who understand the complexities of closely held businesses, fractional interests, and the specific regulatory environment Maryland business owners face, including the state's $5 million estate tax threshold and its independent inheritance tax.

Whether your business is located in Baltimore, Rockville, Annapolis, or a rural county, our appraisers work both remotely and onsite to accommodate your schedule and the nature of your business assets. We offer Fair Market Value (FMV) appraisals for various intended uses, ensuring each report reflects the willing buyer and willing seller standard required by the IRS and recognized by Maryland tax authorities.

What Types of Business Valuation Do We Appraise in Maryland?

Maryland's economy spans biopharma, aerospace, defense contracting, cybersecurity, and professional services, generating a broad range of business interests that require formal valuation. Our appraisers are equipped to value entities across industries and ownership structures, including:

  • Closely held corporations and S-corps
  • Limited liability companies (LLCs) and multi-member LLCs
  • General and limited partnerships
  • Family limited partnerships (FLPs)
  • Fractional and minority business interests
  • Professional practices including medical, dental, and legal firms
  • Technology and cybersecurity firms near the Fort Meade corridor
  • Biopharma and life sciences companies in Frederick and Rockville
  • Retail, restaurant, and hospitality businesses
  • Manufacturing and defense contracting operations

For each engagement, our appraisers apply recognized valuation methodologies including the income approach, market approach, and asset-based approach, selecting the method most appropriate to the entity type and intended use. Appraisals involving minority interests routinely incorporate discounts for lack of marketability (DLOM) and lack of control (DLOC), which can range from 10 to 40 percent and significantly affect taxable value under Maryland's estate tax rules.

Who Does AppraiseItNow Serve in Maryland?

AppraiseItNow serves business owners, estate attorneys, CPAs, financial advisors, trustees, and individual taxpayers throughout Maryland who need credentialed, defensible business valuations for tax compliance, transaction planning, or regulatory purposes. Whether you are preparing for a gift tax filing, structuring a buy-sell agreement, or navigating an M&A transaction, our team delivers accurate appraisals tailored to your specific situation and timeline.

What clients say we are known for

AppraiseItNow Reviews: “The report was quite thorough as well” and “The team was highly knowledgeable, helpful, and efficient”

  1. Being the appraiser they come back to“I highly recommend their appraisal services, especially for private companies” Steve R.Mentioned in 44 reviews
  2. Answering fast, and staying reachable while the work runsMentioned in 34 reviews
  3. Showing the research and the comparables behind the number“Their work was quick, thorough” Jeff H.Mentioned in 29 reviews
  4. Delivering the finished report ahead of the deadlineMentioned in 21 reviews
  5. 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. ·

    Business Valuation Appraisal for IRA Conversion

  • 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.
    William L. ·

    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.
    Jeff H. ·

    Business Valuation Appraisal for Charitable Donation

  • The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
    Steve R. ·

    Business Valuation Appraisal for IRA Conversion

  • I found them professional & responsive. The report was quite thorough as well.
    Daniel L. ·

    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.
    Chris S. ·

AppraiseItNow delivers written business valuations for gift and estate tax, IRA conversions, charitable donations, and buy/sell agreements

Given the USPAP-compliant nature of AppraiseItNow’s appraisal reports, we prepare our deliverables for major legal, tax, and financial reporting purposes for individual and commercial clients.

Popular uses of our appraisal reports include:‍

Transactions, Lending & Investment

Frequently Asked Questions on Maryland Business Valuations

What standards govern a business valuation used in tax filings?

The IRS Business Valuation Guidelines in Internal Revenue Manual 4.48.4, which require the appraiser to define the valuation issue, analyze the business's history, financial condition, and earning capacity, and document how comparable transactions and any discounts led to the conclusion. IRS reviewers use these same guidelines to evaluate submitted appraisals.

How are business interests treated in a Maryland divorce?

Maryland follows equitable distribution: the court identifies marital property, values it, and divides it fairly rather than automatically equally. Courts typically value marital assets, including business interests, as of a date near trial, so the valuation needs a current effective date rather than one anchored to the separation.

Does Maryland tax a family business at death?

It can. Maryland imposes an estate tax on taxable estates above $5 million at a 16% rate, plus a separate 10% inheritance tax on property passing to non-exempt beneficiaries. Whether a closely held business crosses those lines depends on its appraised fair market value, which is why succession planning starts with a credible valuation.

When must a Maryland estate value a decedent’s business interest?

Within three months of appointment. Estates and Trusts 7-201 requires the personal representative to file an inventory listing each asset, closely held shares, partnership interests, and LLC stakes included, at fair market value as of the date of death along with any encumbrances. That deadline drives how quickly valuation work needs to be engaged.

Is goodwill divided when a Maryland business goes through divorce?

Only enterprise goodwill. Maryland courts distinguish goodwill that belongs to the business itself from personal goodwill tied to an individual owner’s reputation and relationships, and treat only the enterprise portion as divisible marital property. Separating the two is a valuation exercise, which is why the goodwill allocation often becomes the most contested number in the case.