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Old 03-29-2002, 09:30 AM   #1
Stanka Kordic Stanka Kordic is offline
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Joined: Sep 2001
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This is also tax deductible as long as you are selling similar work at the declared value). Those receiving these works are well aware of the value of these works.
Michael,

Just to clarify according to tax law put into effect in 1988 (I am researching the actual code so I may lobby to change this, it really stinks..). We can only deduct the materials we used to produce the piece. The fair-market value is NOT tax-deductible. A real bummer..
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