The $74 million dollar question

Monday, June 2, 2025 in News, Fine Art, For Consumers

The Wall Street Journal article regarding a $74 million dollar charitable donation showcases the need for highly trained experts when it comes to personal property. Not only do appraisers in this area need to know their subject matter backwards and forwards, the IRS also has stringent requirements for determining who is an acceptable appraiser.

As the article points out, the threshold dollar amount for tax filing requirements is lower than you might think. Even if you don't possess that needle in a haystack, if you're thinking about donating make sure you consult a professional.

From the ISA Now Blog

Apply Now: PAID ISA AF&DA Instructor Internship Opportunity Tuesday, June 10, 2025
Are you an ISA Certified Appraiser of Personal Property (CAPP) with a strong foundation in conducting USPAP-compliant Antiques, Furnishings, and Decorative Arts (AF&DA) Appraisals? Do you have a passion for teaching and a desire to support incoming appraisers? If you are ready to share your expertise and help shape the future of ISA education, we invite you to apply for the paid AF&DA Instructor Internship—a first step toward joining ISA’s instructional team.
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The $74 million dollar question

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