Sunday, 15 February 2015

NAPLES BUTTERFLY FRAMED - ARTISTS, WHAT TO DO BEFORE YOU SEE YOUR TAX PREPARER

NAPLES BUTTERFLY
By Sea Dean

Wide Black Frame
Ready to Display
4" x 4" Canvas Panel
$65

To view my online Gallery of originals please visit Daily Paintworks
Shop for Limited Edition ACEO here

A butterfly in the style of Jack Shadbolt in a heavy duty, wide easel frame. Matisse Naples Light was used for the background colour, a favourite of Shadbolt. I think this classy looking frame really sets off the beauty of the butterfly. The bright colours and strong brushwork prevent the piece from looking overly childish or feminine. 

Read more about Jack Shadbolt here

WHAT TO DO BEFORE YOU SEE YOUR TAX PREPARER
From Daily Worth .com

Recently I went to an information session for artists given by a Canadian accountant. One of the tips I picked up is that there is no need to do calculate inventory because a precedent was set by a famous Canadian artist which held up in court. It centers around the volatile value of your art inventory and the lack of formula to produce it. Yay!

It's a matter of adding up sales, adding up expenses, making a list of valuable equipment which needs to be depreciated on a scale, and voila! Remember that if you work at home you can write off a portion of your rent, mortgage, heating etc.

It may be a little more complicated in your neck of the woods, so find an accountant that understands the business of art and get them to outline the specifics for your country.


Ref 4028 Naples Butterfly