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Why You Should Get A Charitable Donations Appraisal

Penrose Appraisals

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. Between these two amounts, appraisals are "recommended."