All across the country, the final school bells are ringing and kids are heading off to summer vacation. For the most part, the schools will sit empty until the fall, and all of the equipment and machinery within will sit as well. What better chance to show how a machinery and equipment appraisal might apply […]
A recent article on CBS MoneyWatch titled “Manufacturing jobs loss to stop, says study” says that according to a study done by The Hackett Group, the net loss of jobs to China from the U.S. is slowing. In addition, as a result of higher salaries in China and rising oil prices that make shipping goods […]
The certified machinery and equipment appraisal (CMEA) designation has been instrumental for NEBB Institute members in: Increasing bottom-line profitability Increasing business opportunities Gaining professional credibility Reducing the risk of liability To learn more about how you can do this for your business, contact us to receive the CMEA Training Preview Pak, a 15-page comprehensive view […]
When you arrange to have a CMEA perform an appraisal of your equipment or machinery, what they’ll eventually present to you is what they believe to be the value of the equipment. This value is based on many factors, including the age of the equipment, the condition, and so forth. That’s why value has such […]
The word “depreciation” means different things to different people. To an accountant, depreciation is a way of allocating the purchase price of an asset across its useful life. This method takes into account normal wear and tear when the asset is in use. Machinery and equipment appraisers assign a different meaning to the term. To […]
You may be surprised at some of the types of professionals who have expanded their service offerings by obtaining a certified machinery and equipment (CMEA) designation from NEBB Institute so they can add machinery and equipment appraisal to their service offerings. Here are some examples of the types of professionals who are adding the CMEA […]
When a Certified Machinery and Equipment Appraiser (CMEA) inspects a cement mixer, office equipment, or something that is ready to use out of the box, he or she uses a set of factors to determine the equipment’s worth. These factors include the original purchase price of the equipment, its depreciation, how much wear and tear […]
As we’ve discussed in the past, membership in the NEBB Institute automatically gives you membership in the International Society of Business Analysts (ISBA). ISBA membership is a fantastic resource to have, in part because of the educational opportunities it provides. Our educational podcasts touch on an array of subjects, everything from buying your business to […]
The NEBB Institute’s next two-day CMEA training session starts on April 26, 2012. Sessions fill up fast, so make sure you’re signed up! Here are five great posts on the benefits of becoming a certified machinery and equipment appraiser (CMEA). Train to Become a CMEA with the NEBB Institute Certified machinery and equipment appraisal (CMEA) […]
If you gave a piece of machinery or equipment to another person or company during 2011 and received either nothing in return or a payment of less than the property’s value, you gave a gift under the IRS tax code definitions and that gift is subject to a gift tax. Gift taxes are usually paid […]
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