Penrose Appraisals

SEPTEMBER 27, 2022

As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As Officially, a written appraisal is not required for items valued at below $5,000 and are required for items valued at above $20,000. As always, I am not a tax advisor nor a tax expert.

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International Society of Appraisers

MARCH 14, 2025

As partners of the Appraisal Foundation, we adhere to Personal Property Appraiser Qualification Criteria. Qualifying appraisal experience consists of tasks associated with the accomplishment of personal property assignments which result in a USPAP compliant report. the market in which sales to the public most frequently occur).

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JSK Fine Art Appraisals

MARCH 12, 2023

When individuals choose to share their art collections through charitable donations, a profound impact is felt not only within the art community but also in the broader sphere of philanthropy. The Power of Art Philanthropy: Charitable donations of art serve as a dynamic force for positive change.

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Art Advisor's Blog

DECEMBER 2, 2020

Every year in December we get a few calls from potential clients who are desperate to make sure we can do a donation appraisal for them before the end of the year. Usually, they’ve had a recent meeting with their accountants who suggested a noncash charitable contribution as part of a tax-reduction strategy.

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Drishti LLC Appraisers

APRIL 16, 2021

You know you need an appraisal, but what kind of appraisal? The quick answer is that the kind of appraisal you need depends on your intention. Do you want to know the value simply out of curiosity? Do you need to have a collection appraised for insurance? What are the options? And what are the differences?

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Penrose Appraisals

JUNE 25, 2024

Antique appraisals are a crucial step in understanding the true value of the item in the marketplace. A skilled appraiser carefully studies the history, authenticity, and condition of each item to determine their worth. Unfortunately, finding skilled antique appraisers near you can be a challenge. Examination.

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JSK Fine Art Appraisals

JANUARY 18, 2022

In the world of art, where each piece holds both cultural and monetary value, the need for accurate appraisal is paramount. Whether you are a seasoned collector, an individual enthusiast, or an institution, hiring a qualified art appraiser is not just a choice but a crucial step in safeguarding your investments.

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ValuePros Appraisal Services

APRIL 7, 2024

Not only are you decluttering your space and helping those in need, but you might also be eligible for a federal tax deduction based on the fair market value of the items donated. So why not skip the stress of selling and opt for the feel-good option of donating? It’s a win-win situation!

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Fine Art Estates

JANUARY 7, 2022

In gathering information to write this post, I was shocked to discover that anyone can legally present themselves as a personal property appraiser. There is no governmental license, proof of knowledge, or certification required to appraise personal property.

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Harrison Appraisals

MARCH 23, 2023

One question that always arises during the probate process is whether or not it is necessary to get an appraisal of the decedent’s personal property. This is essential because the value of your loved one’s assets can impact the estate’s tax liability and the amount that beneficiaries receive.

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Harrison Appraisals

JUNE 19, 2023

As the sole heir of your parent’s estate, you may wonder if it’s even necessary to have their assets appraised. While you may assume that being the only beneficiary eliminates the need for an appraisal, there are several important reasons why obtaining a professional appraisal by an accredited appraiser is still essential.

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La Jolla Gem Appraisal

FEBRUARY 24, 2025

Understanding IRS Qualified Appraisals and Qualified Appraisers for Jewelry Valuation When dealing with tax-related matters such as charitable donations, estate tax filings, and gift tax reporting , an accurate and IRS-compliant jewelry appraisal is essential. What Is an IRS Qualified Appraisal?

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La Jolla Gem Appraisal

NOVEMBER 22, 2024

Understanding the Difference in Value for Different Jewelry Appraisal Purposes In my daily conversations with clients, I often hear the question, “I want to know how much this diamond ring/watch/bracelet is worth.” My response is always the same: “What do you need the jewelry appraisal for?”

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