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Business valuations in South Carolina 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 South Carolina, including Columbia, Charleston, and Greenville.
DEFENSIBLE, USPAP-COMPLIANT BUSINESS APPRAISAL REPORTS — QUALIFIED FOR THE IRS, SOUTH 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 companies, partnership and limited liability company interests, professional practices, and franchises in South Carolina for gift and estate tax filings, charitable contributions, retirement account conversions, shareholder and member buyouts, and divorce.
What we value
A controlling interest and a small stake in the same company are two different assignments. The second has to account for what a holder of that stake can and cannot make the company do.
What we need
Several years of returns and financial statements, interim figures, and the operating or shareholder agreement. That agreement often fixes a price or a formula, which changes the question.
A company value is not divided by percentage and handed out. What one interest is worth depends on what it controls, how readily it could be sold, and what the governing documents allow.
Control
Distributions, compensation, the timing of a sale, and whether the company borrows are decisions a minority holder cannot make. That gap is measured rather than assumed.
Marketability
Shares in a closely held company cannot be sold on a Tuesday. Restricted stock and pre offering study evidence is where that discount comes from, and the report names what it relied on.
The agreement
Buy and sell provisions, transfer restrictions, and put rights can set a price outright or cap it. Those are read before anything is built, because a formula in force beats an opinion.
The proceeding names the standard, and the standard decides whether discounts come in at all. A report that does not say which one it applied is not usable for the filing it was ordered for.
Tax filings
A gift or estate filing reads the price hypothetical parties would settle on, neither of them under compulsion and both informed, with discounts for control and marketability available on the evidence.
Statutory proceedings
A dissenting shareholder or a departing member is paid on a definition written into the state statutes, which strips out the effect of the very transaction being objected to.
When South Carolina owners cannot agree on what an interest is worth, the statutes do not leave the standard open. They name the moment, the exclusions, and in places the evidence a court weighs.
Dissenting shareholders
Immediately before
the moment South Carolina measures a dissenter's shares, with the deal's own effect stripped out
For a shareholder who dissents from a merger or a comparable corporate action, South Carolina defines fair value as the value of the shares immediately before the effectuation of the action objected to, excluding any appreciation or depreciation in anticipation of that action unless the exclusion would be inequitable.
The same definition says how the work is to be done: the value of the shares is to be determined by techniques that are accepted generally in the financial community. That is a statutory instruction to use recognized method rather than a rule of thumb, and it is the reason a dissent analysis is built on documented approaches and an explained weighting.
Departing members
Going concern value
one of the things a South Carolina court weighs in pricing a dissociated member interest
A South Carolina limited liability company must purchase the distributional interest of a dissociated member of an at will company for its fair value determined as of the date of dissociation, where that dissociation does not dissolve the company. In a term company the interest is valued as of the expiration of the specified term that existed on the date of dissociation. The company has thirty days to deliver a purchase offer, with a statement of assets and liabilities, the latest balance sheet and income statement, and an explanation of how the amount was calculated.
If no agreement is reached within one hundred twenty days, the member may bring a proceeding to enforce the purchase, and the court determines fair value considering among other evidence the going concern value of the company, any agreement among members fixing a price or specifying a formula, the recommendations of any appraiser the court appoints, and any legal constraints on the company ability to buy the interest.
Appraisal proceedings
The amount demanded
what a South Carolina corporation owes if it misses the window to petition the court
A dissenter who believes the corporation paid too little may send a written estimate of fair value and demand payment of it, and that right is waived unless the demand is made within thirty days after the corporation made or offered payment.
Once such a demand arrives and stays unsettled, the corporation has sixty days to petition the circuit court to determine fair value and accrued interest. If it does not commence the proceeding in that window, the statute requires it to pay each dissenter whose demand remains unsettled the amount demanded. The court may appoint persons as appraisers to take evidence and recommend decisions on fair value, and their reasonable compensation and expenses are assessed as costs, normally against the corporation.
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:
No. South Carolina has no state estate or inheritance tax. Probate courts do forward the inventory and any probated will to the Department of Revenue for informational purposes when gross probated assets reach $600,000, but that reporting creates no separate state tax. Business interests in an estate still need fair market value support for the probate inventory and any federal estate tax filing.
There is no fixed statutory date. South Carolina family courts follow equitable distribution and often value marital property as of the filing date or another date the court deems fair, so the valuation snapshot can hinge on a judicial choice. We prepare the analysis as of the date the court or counsel designates and document company and market conditions as of that date.
Private transaction databases such as DealStats, BIZCOMPS, IBA Market Data, and GF Data, plus guideline public company data drawn from SEC filings. These sources supply real deal prices and earnings multiples for comparable companies, which professional standards prefer over industry rules of thumb that ignore a specific company's earnings quality and risk.
No. State law creates no probate-referee class and no license for business or personal property valuation; the Real Estate Appraisers Board's authority covers real property appraisers and appraisal management companies only. Courts instead weigh the analyst's qualifications, methodology, and documentation, which is why reports built to recognized valuation standards carry the day.
