Thursday, April 29, 2010

"Green Guide for Artists" by Karen Michel's

I've just ordered this!

This review is from: Green Guide for Artists: Nontoxic Recipes, Green Art Ideas, & Resources for the Eco-Conscious Artist (Paperback)


Karen Michel's Green Guide for Artists is an absolute must-have on every artist's shelf. It's an engaging, in-depth compendium of information, safety tips and guidelines, and recipes for creating less hazardous and toxic paints and mediums than are widely available commercially. And what's super cool about that is it harks back to times when artists created and concocted their own paints and mediums as a matter of course, artists like Rembrandt and Michelangelo.
 
The Resources and Recycling pages are phenomenal, there are five chapters on incorporating recycling and upcycling techniques into your everyday technique toolkits for bookmaking and more. The incredible "botanical alchemist" India Flint and the "collage graffiti" minimalist Cat Collier are just two of an illustrious group of dedicated and daring mixed-media pioneers who contributed to the gallery.

Wednesday, April 14, 2010

Artist Gregory Coats exhibiting in New York 5/1 - 5/16, "A Benefit Gathering of the Tribes"


Exhibition title: A Starter Kit for Collectors: Art Exhibition and Sale
A Benefit for A Gathering of the Tribes

Exhibition dates: Saturday, May 1st - Sunday through May 16th, 2010 Exhibition preview: Saturday May 1st, 2pm-6pm Artist reception: Saturday May 1st, 7pm-10pm Event location: Tribes Gallery 285 East 3rd Street,New York,N.Y.

Benefit organizer/curator: Thom Corn, 212.529.4667, 917.553.7639

Participating Visual Artists:

Torrick "TOXIC" Ablack, Charlie Ahearn, John Ahearn, Tomie Arai, Willie Birch, Carol Blank, Andrew Castrucci, Fay Chiang, Gregory Coates, Esperanza Cortes, Thom Corn, Clockwork Cros, Jody Culkin, Peggy Cyphers,Jane Dickson, Norman Douglas, John Drury, Harry Druzd, Stefan Eins, Dan Enger, Matthew Enger, Mark Enger, Brigitte Engler, John Farris, Gerald Feldman,Janina Fisher, Pam Goldman, "DOZE" Green, Gerald Jackson,Nikki Johnson, Steven Lack, Juanita Lanzo, Joe Lewis, Karin Luner, Johnny "CRASH" Matos, Jayson Mena, Renny Molenaar, Cyril Mazard, Greg Nanney, Joseph Nechvatal, Jondra Nolan, Tom Otterness, Calvin Reid, Huston Ripley, Rick Rodine, James Romberger, Randee Silv, Kiki Smith,John T. Spencer GaryTaxali, Robert Tanzie Thornton, Toyo Tsuchiya, Marguerite Van Cook, John Veit, Tom Warren, Christopher Wynter.

Gregory Coates work is available at http://www.artrentandlease.com/ - sustainable, eco-friendly works for sale, rent and lease.

Tuesday, April 13, 2010

Economic Stimulus Package extended for Furniture & Decor

Companies can depreciate furniture, fixtures and equipment at a substantially higher rate, and take valuable tax deductions if put into place in 2010.

While artwork cannot be depreciated, it can be expensed under a properly structured rental provided by Art Rent and Lease.  Visit our webpage for more information:  http://www.artrentandlease.com/ or contact us for details at (888) 440-9260.  We rent art, lease art and sell art to facility and building managers, art for sets and photo shoots, staging, companies who need to fill empty walls and those looking to enhance their image!

Lisa Powell, x710

Sunday, April 11, 2010

Tax-Deducitble Artwork for Business

Since 2000, Art Rent and Lease has structured tax-deducitble art rentals for corporate, healthcare and hospitality clients throughout the US.  Our consultants work with building and facility managers, designers and architects to bring the beauty of fine art into the workspace, utilizing sustainable artwork from our gallery of emerging and established artists.

An art rental may be the only true method for a business to take a deduction on artwork, providing the rental is structured to meet IRS guidelines. Under a true rental, a business entity may expense the rental payment for artwork located at their place of business, just as they would when renting furniture, fixtures or equipment.

Artwork (and antique musical instruments) do not have a "determinable useful life" for depreciation purposes as defined by the IRS, and cannot be depreciated or expensed. It makes no difference if artwork is acquired by purchase or a lease:  leases typically have a fixed purchase option of $1 or 10%, making the lease a conditional sales contract (or capital lease) in the eyes of the IRS, and therefore not a qualifying structure.

An excerpt taken from "The CPA Journal" regarding Federal Taxation:

Revenue Ruling 68-232 (1968-1 C.B. 79) states that a valuable and treasured art piece does not have a determinable useful life. The ruling also distinguishes between the condition of the artwork and its life. While the actual physical condition of the artwork may influence the market value placed on it, its condition will not ordinarily limit or determine the artifact's useful life. Accordingly, works of art may not be depreciated. While a precise definition of "works of art" does not exist in the code, such assets usually fall into a category of assets that have no determinable useful life and do not predictably decline in value.

If your company is considering artwork for a new location, a renovation or to replace outdated works, please contact us about structuring a rental that will allow you to not only enjoy the artwork, but also take advantage of tax advantages.

Visit us at:  http://www.artrentandlease.com/ or call (888) 440-9260 x710 for more information.

Our attorney's advise us to inform you to consult with your tax professional prior to any fine art acquisition. This information is not meant to provide legal or tax advise and we cannot be held responsible for any errors or omissions.

Tuesday, April 6, 2010

Wealth Matters - Protect Your Art With More Than a Handshake - NYTimes.com

An excellent article from the New York Times!

When we place artwork at a client location on rent or lease, we file a UCC-1 financing statement to protect the artists work.

To learn more about UCC-1 financing statements, visit: http://wiki.answers.com/Q/What_is_a_UCC-1_agreement