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Arizona Controversy Highlights the Importance of an Appraisal
An article published this week in The Arizona Republic discusses an auction recently held in Arizona. In 2009, a town in Arizona purchased from a dairy farmer his equipment, land, and right-of-way to turn the land into a park. Problems arose after an investigation revealed that the town paid almost 10 times the market value […]
When a Business Makes a Charitable Contribution
When it comes to a charitable donation, a business is afforded the same opportunity as an individual – to take a tax deduction for it. Generally, an individual’s donations will be in the form of everyday items – used clothing, old toys, outdated furniture, and so forth. But a business’s charitable donations are a little […]
Greening Construction Equipment
Diesel-powered construction machinery and equipment is among the biggest air polluters out there. Some U.S. cities are requiring that construction equipment used on city-subsidized projects be retrofitted with emissions controls to protect city-dwellers from harmful air pollution. Retrofitting these vehicles is a huge expense for construction companies, and these mandates can be impossible to fill […]
20 Reasons You Might Need a Certified Machinery & Equipment Appraisal
There are at least 20 reasons why a Certified Machinery & Equipment Appraisal (CMEA) may be required by lenders, CPAs, attorneys, business owners, and others. Lenders are required to substantiate equipment values to satisfy the U.S. Small Business Administration (SBA) and Bank Examiners. CPAs are required by the IRS to substantiate equipment values to satisfy […]
Readin’, Writin’, and Appraisin’
With kids’ return to school right around the corner, we thought we’d take advantage of the opportunity to show how a machinery and equipment appraisal might apply to a seat of higher education and learning. First, as in any equipment appraisal, we’ll need to bring in a Certified Machinery and Equipment Appraiser (CMEA) to be […]
Real Life Auctions Going on This Month
We met a lot of auctioneers at the 62nd International Auctioneers Conference and Show last month interested in knowing how becoming trained as a certified machinery and equipment appraiser (CMEA) can help their business. We’ve discussed the benefits in the past, and decided to highlight some real world examples of auctions going on this month […]
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