Penrose Appraisals

SEPTEMBER 27, 2022

But if you are considering donations of tangible goods, especially high-value tangible goods, then read on. As you may have read elsewhere on the website, the IRS has many rules when it comes to the charitable donation tax credit. (As As always, I am not a tax advisor nor a tax expert. Peace of mind.

Charitable Donations 52

Charitable Donations Appraiser/appraisal Antiques and Decorative Arts Market Value 52

International Society of Appraisers

MARCH 14, 2025

This quote is in the context of IRS Publication 561, which provides guidance for determining fair market value for charitable donations; therefore, this quote must be understood within that specific context and intended use. Descriptions/Identification (authentic, age, provenance, dimensions, etc.)

Appraiser/appraisal 52

Appraiser/appraisal Market Value Appraisal Reports Hypothetical Condition 52

Fine Art Estates

JANUARY 7, 2022

Fair Market Value is used when a collector is settling an estate, needing equitable distribution, or making a charitable donation. A past appraisal is interesting and provides some preliminary identification information. If you are making a charitable donation, don’t wait until a week before Christmas to contact an appraiser.

Appraiser/appraisal 130

Appraiser/appraisal Insurance Antiques and Decorative Arts Market Value 130