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Business valuations in North Carolina for donations, M&A, gift tax, and IRA conversion, prepared in accordance with USPAP and IRS requirements. AppraiseItNow appraises small businesses, corporations, partnerships, franchises, and professional practices across North Carolina, including Charlotte, Raleigh, and Greensboro.
DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, NORTH CAROLINA 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 appraises closely held business interests in North Carolina. The filings we write for are estate and gift tax returns, donated stock, shares distributed in kind out of a retirement account, buy sell agreements, shareholder and partner buyouts, equitable distribution, and the sale of a company to an outside buyer. Machinery and rolling stock sitting on the balance sheet is its own exercise, which our North Carolina equipment appraisals cover, and the enterprise conclusion builds on that work instead of guessing at it.
Operating companies
What the company actually produces for an owner, once compensation is reset to market and one time items come back out, is the number an income approach is built from. Where the assets do carry the business, the equipment and real property are valued first and the entity is built up from them.
Minority blocks
Transfer restrictions, distribution history and whether the block can force a sale, a distribution or an inspection are read off the operating documents before any discount is considered, not after it has been chosen.
The same block of stock supports several defensible conclusions at once, and the one that is correct is decided by the proceeding or the filing. North Carolina makes that unusually concrete, because its corporation law writes a definition of value that a tax report may not use.
Tax filings
Fair market value on the transfer date, with marketability and control considered as a buyer would consider them, and workpapers that trace every step to a source.
Shareholder disputes
Where appraisal rights are asserted, the definition of value is supplied by the corporation law, and the discounts that belong in a tax report are stripped out of it.
Retirement accounts
When private shares leave a retirement account, the custodian's internal figure is not an appraisal, and the taxable amount reported rests on what an independent analysis supports.
A North Carolina company has no state death tax to answer to, so the rules that reshape a valuation here come from the corporation law. Two of them decide the definition of value in a buyout and how fast the company has to put money behind its own number.
Appraisal rights
Immediately before
the corporate action is when North Carolina fixes fair value, with no reduction for lack of marketability or minority status
G.S. 55-13-01(5) defines fair value, the standard in a North Carolina appraisal right, as the value of the corporation's shares "immediately before the effectuation of the corporate action as to which the shareholder asserts appraisal rights, excluding any appreciation or depreciation in anticipation of the corporate action unless exclusion would be inequitable," reached "using customary and current valuation concepts and techniques generally employed for similar business in the context of the transaction requiring appraisal," and "without discounting for lack of marketability or minority status," with a narrow exception for certain amendments to the articles. A minority block in the same company, appraised for a gift return at fair market value, can land materially lower on exactly the same financials. Neither number is wrong. Using one where the other was required is, which is why the standard is settled in writing before the analysis starts.
Payment
30 days
after the shareholder's form is due, a North Carolina corporation must pay its own estimate of fair value in cash, with its financial statements attached
North Carolina does not let a disputed buyout sit. Under G.S. 55-13-25(a), "within 30 days after the form required by G.S. 55-13-22(b) is due, the corporation shall pay in cash to the shareholders who complied with G.S. 55-13-23(a) the amount the corporation estimates to be the fair value of their shares, plus interest." That payment has to arrive with annual financial statements dated no more than 16 months before it, the latest interim statements, and a written statement of the corporation's estimate of fair value. The dissenting shareholder may then demand further payment. Both sides are therefore committed to a number early, on a published record, and the analysis each one brings is read against financial statements the company itself produced.
What clients say we are known for
Across 100+ 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:
Because it is the default valuation date. North Carolina's equitable distribution statute directs courts to value marital property as of the date of separation unless another date is ordered, so a company interest is generally appraised as of separation rather than trial. Growth or decline after separation may be treated differently, which makes the date pivotal.
Workpapers that trace the conclusion. In litigation and shareholder matters, the file must show how historical and projected financials, discounts and premiums, and comparable transactions produced the final number, consistent with IRS Business Valuation Guidelines and USPAP. A value without that trail invites challenge from opposing experts.
The one the purpose dictates. Fair market value, investment value, and intrinsic value are distinct concepts with different definitions, and applying the wrong one, such as a synergy-laden investment value where fair market value is required, produces an unusable conclusion. Every report we issue for North Carolina engagements states its standard explicitly.
Form AOC-E-505, the Inventory for Decedent's Estate, filed with the clerk of superior court. It requires listing and appraising the decedent's personal property, which for a business owner can include equity interests, equipment, and receivables. Hard-to-value interests reported there deserve the same fair market value support a tax filing would need.
Under a specific statutory cap for certain chattel-mortgage acquisitions: G.S. 58-7-193(c) limits the value to the lesser of the unpaid loan principal at acquisition or fair market value. It is a niche rule, but it changes the answer for repossessed machinery and similar transferred assets, and an appraisal establishes the fair market value side of that comparison.
