Certified Machinery and Equipment Appraisers

When businesses decide to donate equipment to a qualified charity, it’s not just an act of generosity — it’s also a way to receive significant tax benefits. However, to make sure that the value of the donation is accurately reflected and approved by the IRS, a credentialed appraisal is often required. This is especially true for high-value equipment donations that exceed IRS thresholds. Without a credentialed appraisal, businesses risk their tax deductions being rejected or penalized for non-compliance. 

At Asset Technologies Inc., we understand the vital role credentialed appraisals play in maximizing tax deductions and maintaining compliance. For businesses in Pennsylvania, New Jersey, Maryland, New York, Virginia, and beyond, a thorough, credentialed appraisal ensures that equipment donations are valued correctly, ensuring both legal and financial peace of mind. 

When donating equipment to a charitable organization, determining its fair market value (FMV) is critical to calculating the allowable tax deduction. Credentialed appraisers have the expertise to provide an objective, defensible valuation. This is crucial because the IRS requires formal appraisals for any equipment donation exceeding $5,000. Without this appraisal, the IRS could disallow the deduction, resulting in legal complications and lost financial benefits. 

Credentialed appraisers, like those at Asset Technologies Inc., provide an unbiased and precise valuation of the donated equipment based on its current condition, market demand, and industry trends. Overvaluing or undervaluing the equipment can lead to serious consequences: 

• Overvaluation: Inflated values could trigger IRS audits, penalties, or even disallowed deductions. 
• Undervaluation: Underreporting the equipment’s value may cause businesses to miss out on significant tax savings. 



For businesses in New Jersey donating specialized machinery or in Maryland donating medical equipment, a credentialed appraisal ensures that the equipment’s true value is recognized and maximized for the deduction. 

The IRS has strict guidelines regarding charitable deductions, particularly for noncash donations like equipment. Any donation over $5,000 requires an appraisal from a credentialed appraiser and must meet Uniform Standards of Professional Appraisal Practice (USPAP) guidelines. Appraisals that don’t meet these standards or are conducted by unqualified individuals can be rejected by the IRS, potentially leading to audits, fines, or other legal consequences. 



At Asset Technologies Inc., our credentialed appraisers have extensive experience providing USPAP-compliant appraisals that are trusted by the IRS, ensuring our clients’ deductions are secure and defensible. 

A credentialed appraisal is not just a tool for valuation; it’s also your defense if the IRS decides to audit your donation. If your tax return is flagged, having a credentialed appraisal as part of your documentation ensures that the deduction can be defended under IRS scrutiny. The appraisal serves as formal proof of the equipment's value, reducing the likelihood of penalties or the disallowance of the deduction. 



In cases where legal disputes arise over the value of donated equipment, such as during estate or bankruptcy proceedings, credentialed appraisers like those at Asset Technologies Inc. can also serve as expert witnesses, offering testimony that supports the valuation of the equipment. 

Not all equipment donations require a credentialed appraisal, but the IRS does have strict thresholds that businesses must meet to claim the deduction. 

If the fair market value of the donated equipment exceeds $5,000, the IRS mandates a credentialed appraisal. This rule applies to a single piece of equipment or a collection of items donated as part of a single transaction. Without this appraisal, your business cannot claim the full value of the donation on your tax return. 



For instance, a company in Pennsylvania donating heavy construction equipment valued at $7,500 to a local charity would need to obtain a credentialed appraisal to comply with IRS regulations. The appraisal report must be submitted along with IRS Form 8283, which documents the noncash charitable contributions and the appraiser’s signature. 

Even when the donation is under $5,000, certain types of equipment may require a credentialed appraisal due to their complexity or niche market. For example, medical devices, manufacturing machinery, or broadcasting equipment may need specialized expertise to properly assess their fair market value. In these cases, it’s always safer to obtain a credentialed appraisal to avoid future disputes with the IRS. 



Businesses in New Jersey, Maryland, New York, Virginia, or across the U.S. can rely on Asset Technologies Inc. for accurate and defensible appraisals, no matter the type of equipment. To learn more about the kinds of equipment we appraise, visit our Equipment Types Appraised page. 

The credentialed appraisal process is a comprehensive and detailed examination that ensures both the accuracy of the valuation and compliance with IRS standards. Here’s what to expect when working with a credentialed appraiser like those at Asset Technologies Inc.: 

Obtaining a credentialed appraisal offers several benefits for businesses donating equipment: 

• Maximized Tax Deduction: A credentialed appraisal ensures that your equipment is valued accurately, allowing you to claim the full fair market value for your tax deduction. 
• IRS Compliance: Credentialed appraisals follow IRS and USPAP standards, protecting your business from penalties or legal issues. 
• Audit Defense: In the event of an audit, a credentialed appraisal serves as documented proof of the equipment’s value, reducing the risk of penalties or disallowed deductions. 
• Simplified Process: Working with experienced appraisers, like those at Asset Technologies Inc., streamlines the donation process, ensuring you meet all IRS requirements. 

Obtaining a credentialed appraisal offers several benefits for businesses donating equipment: 

• Maximized Tax Deduction: A credentialed appraisal ensures that your equipment is valued accurately, allowing you to claim the full fair market value for your tax deduction. 
• IRS Compliance: Credentialed appraisals follow IRS and USPAP standards, protecting your business from penalties or legal issues. 
• Audit Defense: In the event of an audit, a credentialed appraisal serves as documented proof of the equipment’s value, reducing the risk of penalties or disallowed deductions. 
• Simplified Process: Working with experienced appraisers, like those at Asset Technologies Inc., streamlines the donation process, ensuring you meet all IRS requirements. 

• IRS Guidelines for Noncash Contributions 
• Equipment Types Appraised by Asset Technologies Inc. 
• IRS Form 8283: Noncash Charitable Contributions 



With a certified appraisal from Asset Technologies Inc., you can ensure that your equipment donation is valued accurately and compliant with IRS guidelines, making the donation process smoother and more beneficial for your business.