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A better Artist

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Canadian Art is Tax Deductible

This blog is a from a recent newsletter provided by  ARTMATCH ARTMatch represents my art and other Canadian artists   Canadian art is tax deductible… if you are operating a business (incorporated or unincorporated, including freelancers and sole proprietors), and the piece of art has been purchased with the intent of holding on to it for a long-term, to benefit your place of business (e.g. exhibited in a place of business where it will be seen by clients and/or employees). If this applies to you, contact your accountant to understand the intricacies of deducting art.   Types of Art Purchases That Are Tax Deductible The criteria for Canadian art [...]