Jim Heynen
Jim Heynen
“Artists should accept the same test as do other professionals: if your trade or business is consistently not making a profit, then it’s a question of expediency. Is it expedient for an artist to continue in a profession that shows no profit, or, in fact, a loss on his or her income tax return?”
— IRS representative as guest speaker at a festival of the arts
Read More...— IRS representative as guest speaker at a festival of the arts