Art Is Not A Business Like Other Businesses
Robert Storr, dean of the Yale School of Art, who testified on Ms. Crile’s behalf, said Monday that the ability to deduct art-related expenses — in art careers that might generate little money — was “one of the last remaining areas where the federal government cuts artists any slack to allow them to do what they do,” and that its protection was crucial.
Read More: Tax Court Ruling Is Seen as a Victory for Artists – NYTimes.com.
Via: A Photo Editor