{"id":11060,"date":"2021-04-27T08:40:45","date_gmt":"2021-04-27T12:40:45","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/?page_id=11060"},"modified":"2024-11-18T08:28:42","modified_gmt":"2024-11-18T13:28:42","slug":"accountants-cmeas","status":"publish","type":"page","link":"https:\/\/www.certitrek.com\/nebbinstitute\/why-you-need-an-appraisal\/accountants-cmeas\/","title":{"rendered":"Accountants & CMEAs"},"content":{"rendered":"
The risk of liability is not just knocking at your door. It’s almost knocking your door down! <\/strong><\/p>\n More importantly, the IRS and others are now demanding a certified appraiser issue an accredited appraisal. The days of guessing are over!<\/p>\n Based on the IRS Pension Protection Act of 2006 and Circular 230, the days of guessing or burying the value of capital equipment are over. Furthermore, Standards of Valuation #1 requires reliance upon substantiated comparative data. In addition, numbers 20, 34, and 63 relate to equipment values. Are you in compliance, and will your equipment values withstand scrutiny?<\/p>\n Every day you are in contact with business owners that need a true and accurate fair market value for their capital equipment.<\/p>\n<\/div><\/div><\/div><\/div><\/div> Suppose you rely on guessing, book value, the owner’s word, or the word of a non-certified person who may have a “hidden” agenda. In that case, you are receiving an inaccurate determination of value. Stop for a minute and think about the liability and risk you and your client are taking if you rely on anything other than a Certified Machinery & Equipment Appraisal! After all, the IRS will disallow a value that is not substantiated.<\/p>\n<\/div><\/div><\/div> The #1 Secret is what so many of your colleagues have proven and relied upon …you can reduce the risk of liability when you depend upon a “qualified” USPAP-compliant appraisal by a “qualified” appraiser. Specifically, you can rely confidently on a Certified Machinery & Equipment Appraisal prepared by a Certified Machinery & Equipment Appraiser (CMEA)<\/a>.<\/p>\n A CMEA is experienced in collecting, substantiating, reporting, and determining a value consistent with USPAP (Uniform Standards of Professional Appraisal Practice). USPAP, promulgated by the Appraisal Foundation and Congress, is the authoritative source for appraisals.<\/p>\nHow do you determine a value?<\/h5><\/div>
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<\/span><\/div><\/div><\/div>The #1 Secret REVEALED!<\/h5><\/div>