Protect Your Assets with Professional Gift Tax Appraisals

Gift tax valuation is the process of determining the fair market value of a gift for tax purposes. In the U.S., the IRS requires accurate valuation to ensure proper tax reporting and compliance. The value of a gift is typically based on its fair market price at the time of transfer, whether it is cash, real estate, stocks, or other assets. Certain deductions and exclusions may apply, such as the annual gift tax exclusion. Proper valuation is essential to avoid underreporting or penalties. Professional appraisals may be required for complex assets to ensure accurate tax assessment and compliance.