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December 17, 2007

Yazzy’s Fine Art Money Saving Tax Advantage Program

Tax Advantage Program

Yazzy Tax Advantage ProgramDo you have a Verdult painting and want to get the full value out of the painting as well as do some good in this world? Then consider participating in Yazzy’s Fine Art Charitable Tax Donation Program.

Here is an opportunity to get the full market value out of your artwork and do some good in this world too!

The program is designed to help individuals and businesses get the full market value out of their assets while getting a tax break and helping a worthy Charity or non-profit organization. Yazzy's Charitable Tax Donation Program is designed to help art lovers and investors with Verdult paintings as well as those owning other art to get market value out of their investment.

Wealthy individuals have been donating art to museums and other organizations for years and have received acceptable and legitimate tax write-offs.

While known to be the exclusive domain of the wealthy, tax payers with modest incomes as well as businesses can participate in the Charitable Donation program and receive a significant tax write-off.

Each individual’s situation is obviously different, but done properly; a significant tax write-off is possible. In some cases the tax write-off can amount up to 50% of your annual gross income with amounts being carried forward until you have used up the full amount of the write-off.

In most cases the write-off amount is based upon the fair market value of your artwork as determined by a qualified and competent appraiser providing an appraisal for tax purposes. For example, you may have acquired a Verdult painting at auction in year 2005 for $3,500; and based upon a fair market appraisal by a qualified appraiser, the fair market value of the painting is now $27,000.00.

Depending upon your gross income, and regardless of the $3,500 price initially paid, you may be entitled to the full deduction of $27,000.00. As long as you donate the artwork in accordance with the applicable laws to a qualifying agency who will use the art for a reasonable purpose in accordance with its mission.

In addition to having acquired the painting and held it for over 12 months there are other rules that apply and must be met before the write-off can be taken.

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October 27, 2007

Why Participate in Yazzy's Verdult Art Selling Program

sell1.pngWhy participate?

Yazzy’s deals virtually exclusively with Verdult art work. Conducting over 3,000 auctions and selling hundreds of limited edition lithographs and original paintings, the Corporation, with its cutting edge web sites and blogs, is the premier destination for Verdult art.

Major auction houses say we are the place to go for Verdult art work. We have conducted over 3,000 auctions of Verdult artwork and counting. As a public reporting company, we have audits by the Security and Exchange Commission registered Certified Public Accountants including Verdult art, and often commissioned the National Institute of Appraisers to conduct independent appraisals of Verdult art.

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October 15, 2007

Francis Bacon rent check highlight of Christie's sale - www.verdultindex.com

According to AFP — A painting originally handed over by Francis Bacon to cover the rent on his west London studio was the highlight of a record-breaking Christie's auction of post-war and contemporary art on Sunday.

"Study from the Human Body, Man Turning on the Light" -- which Bacon originally gave to the Royal College of Art in 1969 as rent for a Cromwell Road studio -- fetched 8,084,500 pounds (11,528,497 euros, 16,371,113 dollars), as the Christie's auction totaled 39.8 million pounds.

That total was double the previous high for an October Christie's post-war and contemporary art sale, and comes amid a bumper week of such auctions from Christie's and its competitor Sotheby's.

"The increasing interest in collecting art has been fueled by an unprecedented breadth and depth of the international collecting community," said Pilar Ordovas, head of post-war and contemporary art at Christie's.

"We continue to see confidence in the international art market, notably the Post War & Contemporary Art segment, with strong prices achieved for top quality and sensibly estimated works."

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October 09, 2007

Yazzy's at www.willaimverdult.com Art selling Program

sell1.png

Why participate?

Yazzy’s deals virtually exclusively with Verdult art work. Conducting over 3,000 auctions and selling hundreds of limited edition lithographs and original paintings, the Corporation, with its cutting edge web sites and blogs, is the premier destination for Verdult art.

Christie's and Sotheby's say we are the place to go for Verdult art work. We have conducted over 3,000 auctions of Verdult artwork and counting. As a public reporting company, we have audits by the Security and Exchange Commission registered Certified Public Accountants including Verdult art, and often commissioned the National Institute of Appraisers to conduct independent appraisals of Verdult art.

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September 30, 2007

Van Gogh’s Art, in His Own Words A Quick Take at Verdultindex.com

According to an Article in the New York Times, no one is certain when Vincent van Gogh and Émile Bernard first met. Van Gogh wrote some 800 letters in his lifetime, including 22 to Bernard from December 1887 to November 1889. (Most of their correspondence unfolded after van Gogh moved to the south of France.) Bernard’s description of van Gogh’s letters was simple: “There, pulsating with life, one would find the whole of him.”

Elizebeth

In the letter below, dated March 18, 1888, van Gogh is writing a month after his move to Arles. In his final letter to Bernard, in November 1889, van Gogh criticizes his friend’s religious paintings — “The Christ Carrying His Cross is atrocious,” he writes — and tells Bernard that he “can do better than that.” Though neither artist considered that letter an end to their friendship, Bernard never wrote again before van Gogh died in July 1890.

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