Our appraisal staff and partners are trained in the most current appraisal methods, including Uniform Standards of Professional Appraisal Practice (USPAP) compliancy. USPAP has been around since 1987 but until the Pension Protection Act of 2006, the IRS did not expressly refer to it or any one particular professional association.
For the first time, federal tax law made specific reference to appraisal standards for appraisals and this is now the IRS standard. USPAP training for Worth Auctions staff was provided by the Appraisers Association of America.
Whether you require an appraisal for insurance purposes, estate probate or market valuation, Worth Auctions is equipped to deliver the report you require. Contact us today (607-330-0358) to find out more about the process, cost and schedule.
Our appraisals are always impartial and independent of our other services. Our compensation is based on a flat rate (one hour minimum) plus travel expenses as required.