The 1st week of May was Small Business Week. Small business week is really every week of the year. According to the SBA, small businesses (under 500 employees) number nearly 32 million and account for 99.9 percent of all business in the U.S. Whether it is a small café, accountant, electrician, consultant, or pet groomer, […]
Lenders, do you use an outside appraisal firm to substantiate the value of the hard assets your business clients are pledging for their loans? When considering engaging an outside appraiser, make sure the appraiser has the requisite knowledge and experience required to perform a professional quality appraisal. Collateral for business loans is an integral layer […]
My recent blog on end-of-year contributions and IRS requirements highlighted what companies and individuals must do to do it correctly. I wanted to share some recent success stories. We were contacted by a company who wanted to donate Personal Protective Equipment (PPE) and products to Global Empowerment Mission in Miami, Florida. These entailed thousands of […]
Are you, your company, or clients looking to donate items and using those donated items as tax deductions? Our appraisal company has been getting many requests from individuals and companies or their accountants donating items to charitable organizations. Items being donated have included face masks, medical equipment and supplies, electric wheelchairs, construction equipment, vintage railroad […]
Hello, my name is Ken Fancolly and welcome to the first blog from my company, Certified Asset Appraisals. Our company has been conducting personal property valuations for over 20 years. I just thought it was time to share our experiences with and knowledge of the asset management and valuation industry with the hope you can […]