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Home » Taxes

Gift Taxes and Certified Appraisers

Around this time of year, we don’t really think too much about giving gifts. Except perhaps an Easter basket. But as a business owner, here’s something you might not be aware of — if you gave a piece of machinery or equipment to a person or company during the year and received nothing in return […]

2022-12-01T05:54:19-05:00April 16th, 2014|Uncategorized|

A Cautionary Tale of Erroneous Appraisal

Here at NEBB Institute, you may have noticed that we hammer away at the notion of making sure you use a certified appraiser for your appraisals. We speak of the dire consequences of using a non-certified appraiser, but perhaps a real-world example of what can happen is a much more effective red flag. A hospital […]

2022-12-01T06:42:21-05:00January 8th, 2014|Uncategorized|

Appraisals, Donations, and Tax Time

With the holidays winding down, it’s time to look ahead to the new year and one of the less popular events — tax time. When it comes to filing taxes, one of the most overlooked aspects is donations. Donated machinery or equipment with a value over $5,000 requires an equipment appraisal. The IRS has strict […]

2022-12-15T08:10:59-05:00December 25th, 2013|Uncategorized|
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