Chaffe & Associates, Inc.

IRS Qualified Appraisal and Qualified Appraiser Rules for Charitable Contributions

A charitable donation of illiquid securities must be accompanied by a Qualified Appraisal that is performed by a Qualified Appraiser for a charitable deduction. If the appraisal is deemed not to be a Qualified Appraisal, the IRS may disallow the …

December 13, 2019 Read More

Tax Planning for the Business Owner Prior to the Sale of the Business

GRATS, CRUT, DAF, QSBS, ESOP…DIKWIAD?  Break it down, TED. Proper tax planning in advance of a transaction can result in substantially higher after-tax proceeds to the seller. The earlier the planning starts, the less risky the plan is from an …

December 13, 2019 Read More