In February 2015, EAC was awarded a Machinery and Equipment contract for a Chicago based telecommunications company whose services range from home security, to cable and internet service. The purpose of this appraisal was to estimate the Fair Market Value of the Machinery and Equipment to assist in the completion of IRS form 8594, “Asset Acquisition Statement Under IRC Section 1060”, the allocation of assets. The appraisal was conducted and all reports were prepared in accordance with the Uniform Standards of Professional Appraisal Practice (USPAP).
‣ Industry: Telecommunications
‣ Standard of Value: Fair Market Value