Britain’s National Gallery last week announced the purchase of a huge and handsome Rembrandt for upwards of $400,000. An equestrian portrait, 8 by 10 ft., the canvas had already been whisked off ...
The IRS is warning against a tax scam involving frivolous art donation tax deductions, where promoters promise “too good to be true” art values. Unlike some other tax scams that the IRS warns ...
During Easter, children hunt for colored eggs, perhaps to earn a prize. When it’s tax season, the prizes adults hunt for are expenses that can be deducted from their earnings to lower their tax ...
Temporary Admissions, where goods can come into the country without import duties, increased to four years to help ...
While fine art and collectibles have long been considered alternative assets, these economic shifts could pose fresh challenges for artists, collectors, and dealers.
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