Business Valuations for Charitable Gifting
Charitable donations are a wonderful way to benefit charities or organizations.
They also are helpful for your own company, as they can aid in cutting
down on some tax responsibility.
Though it may seem simple to make a charitable contribution, claiming such
a donation on your taxes may be more complex than you expect if that contribution
is made with something other than cash. As a result, having a qualified
appraiser value your contribution is not only crucial but
required by the IRS.
Gibraltar Business Valuations, we strive to provide excellent service in all we do. Our professionals
are here to deliver quality service and analyses whether you need counsel on:
- Stock and share compensations
- Charitable contributions
- Or impairment testing
our team a call today at (855) 231-1401 or
contact us online for more information!
What Are the Requirements for Charitable Contributions?
Donative intent is often overlooked by companies. In order for a contribution
to qualify as a “gift,” a company must have evidence of a
desire to donate.
In addition to donative intent, there are a variety of other factors to
consider, such as issues of:
- Real property
- Intellectual property
- Conservation easements
With Gibraltar Business Valuations, your valuation report is thoroughly
prepared by a professional, ensuring you are equipped for tax audits on
You can count on us to help you understand the different methods used to
value company shares or intangible property for tax purposes. We can help
you avoid penalties by walking you through the entire process and lending
valuable insight when applicable.
We have 30+ years of industry experience and are well-versed in the various requirements for non-cash charitable
contributions. Trust your business concerns to Gibraltar Business Valuations!
We stand poised to serve businesses across the country with offices in:
- And Utah
Your Business Needs Are in Good Hands
If you are looking for information regarding charitable donations, contact
our professionals today for an in-depth valuation.
When you hire us, we will work tirelessly to ensure that your charitable
contributions are in step with the IRS and other state and federal agencies.
Not only that, we strive to make sure they are both beneficial for your
company and the organization to which you are donating.
Give us at (855) 231-1401 or
contact us online today to get started today!