07-28-2007, 04:44 AM
First, the gallery should be dealing with sales tax. After all, they have to deal with sales from many artists, right?
If you want to treat this like a business, and remember, businesses should make money, then she can declare her artwork a sole proprietor business. Track income, expenses, and talk to an accountant.
I'd ignore the business issues unless she's moving amounts of money that the IRS can't ignore.
If you want to treat this like a business, and remember, businesses should make money, then she can declare her artwork a sole proprietor business. Track income, expenses, and talk to an accountant.
I'd ignore the business issues unless she's moving amounts of money that the IRS can't ignore.