Tax Deduction Court Ruling a Win for Artists

By Editorial Team on March 23, 2015

In a recent court case between an artist and the IRS, the United States Tax Court ruled that your position as an artist employed in another profession does not prevent you from claiming income tax reductions on expenses related to an artistic career even if that artist sees low sales or is otherwise employed full-time. In this decision, the federal government is validating the economic and social positions of struggling artists whose artistic careers must be supplemented by employment that is less artistically productive yet more financially secure. Read more here.

(IRS Headquarters image courtesy of Joshua Doubek/Wikimedia)