Art Can Be Taxing - by Leonie Barton

It’s that time again. Tax time. The time of year, you scramble about to gather all your invoices, your receipts, your deductables. Hair pulling is optional, but some stress is usual.

If you are a small business owner, it’s vital to understand exactly what can and can’t be claimed as a tax deduction for your business. But did you you know this one …..

Did you know that you can claim an immediate 100% tax deduction for your small business on all artwork purchases under $20,000?

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