Crypto assets present a challenge for taxation, with the ecosystem notoriously murky when it comes to the identities of buyers and sellers.
Our millage funding model, based upon responsiveness and accountability, is a successful paradigm that has sustained the DIA and benefitted our region.
Zoom sessions hosted by Art World Conference seek to economically guide artists and independent cultural workers during the months to come.
Every sketchbook you bought on impulse.
Can small business owners and freelancers benefit from the business deduction in the government’s new tax bill?
Some arts organizations misleadingly suggests that artists can get tax deductions for works they donate to charity. Here’s why that’s unfortunately not the case.
Artists are constantly being promised exposure, glory, connections, gratitude, and other intangible benefits in exchange for giving their artwork away for free.
The Obama administration is looking into ending a tax break that has been heavily exploited by buyers and sellers of art.
If taxes sound taxing to you, consider this alternative: move to Spain, purchase valuable and culturally significant artworks, and donate them to the Spanish government in lieu of tax. Just make sure they’re really significant artworks.
T.S. Eliot’s claim that April is the cruelest month feels particularly true during tax season. Assuming you’re an artist in the United States who makes at least $10,000 a year, you may be scrambling to file your return before tomorrow’s deadline.
All is not well in Albion, where the business of art is apparently getting ever more lugubrious.
The Italian government has unveiled a master plan for attracting foreign investment, and for some reason, it includes a tax rebate for people who buy books!