LONDON, ENGLAND - MARCH 08: A rare iceberg painting by the world's top-selling living painter Gerhard Richter sold for £17.7 million ($21.6 million) at Sotheby's on March 8, 2017 in London, England.
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Donating Art Is Legal Tax Alchemy
I’m an entrepreneur who loves art and hates waste. The tax code gives a clear path to support culture and keep more of what you earn. Donating art, done right, is one of the smartest, cleanest ...
They say that art is in the eye of the beholder. It might be more accurate to say that art, at least when it comes to its value, is in the eye of the IRS. They say that art is in the eye of the ...
The Internal Revenue Service issued a warning Thursday cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in groups promoting such ...
What happens when you donate a non-fungible token (NFT) to an art museum? It’s surprisingly unclear. Should museums even accept NFTs? Maybe, depending on the museum and the NFT. Many museums collect ...
U.S.-based Friends-of organizations commonly handle donations of artworks by U.S. collectors to foreign museums. Photo by Dat Vo Noel Levine, a real estate investor and photography collector, was a ...
Do you make art or have art you want to rehome? Artopia, Tallahassee’s largest charity art auction is celebrating its 25th Anniversary, and needs your help! Big Bend Cares is proud to host this year’s ...
A donation last year of 14 giant bins of mostly unremarkable framed prints and paintings from a commercial building renovation in downtown Milwaukee has yielded an unexpected windfall for Habitat for ...
It’s been a year of major shake-ups for Seattle’s art scene, the biggest of which came from Donald Trump’s second presidency.
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