40+ Years of Business Valuation ExperienceWith decades of experience to our name, our professionals have performed appraisals on hundreds of local and national businesses.
Better Service and Better ValueFrom ESOP to intangible asset measurements, Gibraltar Business Valuations is your one-stop shop for all of your business appraisal needs.
A Valuation Firm Unlike Any Other"Gibraltar Business Valuations was a significant improvement over our previous valuation firm. They dig deep into the details to really understand our business."
Charitable Contributions In Chicago
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.
At 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
What Are the Requirements for Charitable Contributions in Chicago?
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 your contributions.
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 40+ 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.
It's important to note that while there are potential tax benefits associated with charitable donations, businesses should consult with the professionals at Gibraltar Business Valuations to understand the specific tax implications in their area. Additionally, choosing reputable and transparent charitable organizations is essential to ensure that donations are used effectively for their intended purposes.
"Well-Written Valuation Reports"Don distinguishes himself by consistently submitting well-written valuation reports. He is highly intelligent and has good analytical and communication skills. I appreciate that Don thinks analytically about the valuation and looks for areas of potential improvement.- Kevin Franson, CPSM — Franson Civil Engineers
"Insightful and Valuable Valuation Services"Gibraltar Business Valuations has provided insightful and valuable valuation services, allowing Bunnell to implement an effective strategy in our transition to being employee owned.- Jeanie Larson, Vice President of Finance — Bunnell, Inc.
"Significant Improvement Over Our Previous Valuation Firm"Gibraltar Business Valuations was a significant improvement over our previous valuation firm. They dig deep into the details to really understand our business and our ESOP. Their analysis is superior and reports are highly professional.- Rex R. Plaizier, President — WesTech Engineering, Inc.
"Gibraltar Business Valuations Brings Attention to Detail to the Valuation Process"We’ve been very impressed with the level of professionalism and attention to detail that Gibraltar Business Valuations brings to the valuation process. Gibraltar Business Valuations works hard to understand the complexities of our business, much more so than our previous valuators. They dig deep below the surface to discover the unique nature of our company, asking questions and listening carefully to the answers. We find the reports to be very useful in summarizing the opportunities as well as the challenges we face.- David Harvey, President — Crown Enterprises, Inc. dba Sportsman and Ski Haus
"Gibraltar Business Valuations Provides Great Service"When we had an urgent need for help on a project, Gibraltar Business Valuations stepped-up at a moment's notice, taking the first available flight to get here as quickly as possible to help us meet a tight deadline. Gibraltar Business Valuations consistently provides quality work, even in challenging circumstances such as a tight deadline. We know we can rely on Gibraltar Business Valuations for professional expertise and service. Scott D. Hampton, Founding Member - Hampton IP- Scott Hampton