Professional service firms refer National Equipment Appraisal to their clients because of their experience across a broad spectrum of accounting, legal, and tax issues. The company follows industry accepted audit programs making it easier for the professional to keep in touch with the appraiser's progress while at the same time keeping the client informed.
When special situations arise, companies rely on their advisors and National Equipment Appraisal to help them determine the value of machinery and equipment. Here are a few situations in which National Equipment Appraisal participated:
Appraisal for Subchapter S Election – C Corporation to S Corporation conversion.
Property Tax – Fixed Asset Reconciliation.
Gifting, IRS "Qualified Appraiser and Appraisal"
Accounting in connection with an acquisition – ASC 805, FAS 141, allocation of purchase price.
Litigation Support in connection with bankruptcy filing.
Valuation of tangible assets in connection with a Trust Agreement.
Challenge of personal property taxes.
ESOP - Fixed asset market valuation.
Appraisal for arbitration and mediation.
Appraisal for civil litigation.