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Business valuations in Minnesota 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 Minnesota, including Minneapolis, Saint Paul, and Rochester.
DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, MINNESOTA COURTS, LENDERS, INSURERS, AND MORE.
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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 standardsAppraiseItNow provides professional business valuation appraisal services throughout Minnesota, helping business owners, attorneys, accountants, and financial advisors obtain credible, defensible valuations for a wide range of purposes including charitable donations, mergers and acquisitions, gift tax reporting, and IRA conversions. Whether you are transferring ownership, satisfying IRS requirements, or planning for the future of your company, our business appraisal specialists apply rigorous methodology and deep knowledge of Minnesota's economy to deliver accurate results.
Our appraisers work both remotely and onsite across Minnesota, accommodating businesses of all sizes from sole proprietorships to multi-entity enterprises in industries ranging from medical devices and manufacturing to agriculture and professional services. We offer Fair Market Value (FMV) appraisals for various intended uses, ensuring each report meets the standards required by the IRS, courts, financial institutions, and other stakeholders.
AppraiseItNow appraises a broad spectrum of business interests and entity types across Minnesota, including:
Whether your business operates in the Twin Cities metro, the Medical Alley corridor, or rural Greater Minnesota, our appraisers understand the local market dynamics, industry benchmarks, and economic conditions that affect value. We apply recognized valuation approaches including the income approach, market approach, and asset-based approach to produce reports that are thorough, well-supported, and IRS-defensible under standards such as Revenue Ruling 59-60.
AppraiseItNow serves a wide range of clients across Minnesota including business owners, estate attorneys, CPAs, financial planners, lenders, nonprofit organizations, and individuals navigating ownership transitions, tax obligations, or legal proceedings. From Minneapolis and St. Paul to Rochester, Duluth, and communities throughout the state, our team is equipped to support any valuation need with professionalism and precision.
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.
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
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.
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
The team was highly knowledgeable, helpful, and efficient. I highly recommend their appraisal services, especially for private companies.
Business Valuation Appraisal for IRA Conversion
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.
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:
Typically the date tied to the prehearing or valuation conference, under Minnesota's equitable distribution framework in Minn. Stat. 518.58. Because that date is set by the process rather than the parties, a divorce valuation should be built to that effective date, not to whenever the financials happened to be gathered.
Yes, once the taxable estate exceeds Minnesota's exclusion of about $3 million, with graduated rates up to 16% and no separate inheritance tax. A family business interest often represents most of that value, so a defensible fair market valuation is central to both planning and the eventual filing.
Documented transactions in comparable companies from databases such as DealStats, BIZCOMPS, IBA Market Data, and GF Data, combined with income-approach analysis of the company's own earnings. Rules of thumb are acceptable only as reasonableness checks, never as the method itself.
Partially, through the qualified small business property election on Schedule M706Q, which can add up to $2 million of deduction on top of Minnesota’s exclusion. Qualification is strict: gross annual sales of $10 million or less, no passive activity, and material participation, and a 16% recapture tax applies if heirs sell or stop qualified use within three years. Valuation and documentation drive the election.
Usually not. Minnesota’s fair value standard for dissenters’ rights and oppressed shareholder buyouts under Minn. Stat. 302A.473 and 302A.751 generally means a pro rata share of going-concern value, with marketability or minority discounts disallowed absent extraordinary circumstances. Fair value is not fair market value, and using the wrong standard is a common and costly valuation error.
