Remove 2024 Remove IRS Guidance Remove Valuation
article thumbnail

Determining Fair Market Value Part I

International Society of Appraisers

IRS Publication 561, Determining the Value of Donated Property , is the best starting point for guidance on determining fair market value. December 2024) is only 16 pages and uses clear headings to help you find key information quickly. Timing : Sales should be as close as possible to the valuation date.