Yazz's at www.williamverdult.com

Yazzy's Fine Art Money Saving Tax Advantage Program

2010-03-21T15:00:58Z

Yazzy’s Fine Art Money Saving Tax Advantage Program

Do 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.

Click to read more

Recap: 10 secrets you ought to know. Yazz's at www.williamverdult.com

2010-03-20T15:00:32Z

Romance10 secrets to get more than you thought possible from your charitable donations.

There is a reason why Warren Buffet, one of the smartest investors of all times, only pay 16% in taxes. Buffet uses some strategies that you will find right here.

10 Tips for Getting the Most Out of Charitable Donations

TIP #1: Donate Appreciated Objects The general rule is that you can deduct the full fair market value of the donation as of the date of the contribution.   This is not the BASIS (what you paid for it), but the current fair market value. Now, how do you take advantage of that? Read on for the strategies that the rich use for buying appreciating assets, such as artwork, waiting for one year, and then taking a deductions for 10 times or more what they paid.

TIP #2: Donate Long-Term Capital Gain Objects   The amount you can deduct for a contribution of ordinary income property is generally only your basis (cost) in the property, not the full fair market value. Property is ordinary income property if its sale at fair market value on the date it was contributed would have resulted in ordinary income or in short-term capital gain. Examples of ordinary income property are business inventory, works of art created by an artist donor, manuscripts prepared by the donor, and capital assets held one (1) year or less.  

Now this is the important part: The deduction for appreciated long-term capital gain property is its full fair market value., while the deduction for ordinary income property is the lesser of fair market value or its basis.. You need to hold the property for at least one year and one day to take advantage of the full amount of the fair market value. And that’s a very important distinction if you’re planning to donate that has appreciated in value, like artwork.

How to get the true value out of your Verdult artwork? - Yazzy's at www.williamverdult.com

2010-03-19T14:37:43Z

Did you know that you can get the true value out of your Verdult artwork, often times ten or more times what you paid for the artwork, as long as you follow the right steps to take advantage of the tax laws. The wealthy and smart people do – so can you.

Take a close look at our Yazzy’s Fine Art Money Saving Tax Advantage Program and uncover the hidden value in your art.

Take a look at 10 Tips for Getting the Most Out of Charitable Donations and you will find some powerful tax write-offs that can save you thousands of dollars for many years to come.

Here are some key points:

TIP #1: Donate Appreciated Objects The general rule is that you can deduct the full fair market value of the donation as of the date of the contribution. This is not the BASIS (what you paid for it), but the current fair market value.

TIP #2: Donate Long-Term Capital Gain Objects The amount you can deduct for a contribution of ordinary income property is generally only your basis (cost) in the property, not the full fair market value.

TIP # 3: Donate to a Public Rather Than Private Charity.

TIP #4: Make Sure the Public Charity meets the “Related Use Rule”

Art of investment, Yazzy's at williamverdult.com

2010-03-17T15:00:45Z

AN ORIGINAL artwork can do magical things to a home. Breathing new life into a room, it can be an interesting conversation starter, an image to find solace in or a reminder of joyful memories.

Art can also be a lucrative investment.

Freelance curator Alison Kubler says finding a piece of art that moves you might take time, as will building a collection. For many, finding the confidence to buy a piece of art is the first stumbling block to overcome.

"I personally think that you should love a work first. I can't see the point of having a work you don't love and feel connected to,'' Ms Kubler says

Yazzy's at www.willaimverdult.com Corporate Charitable Giving Program

2010-03-17T13:37:09Z

Corporate Charitable Giving Program

As part of our mission to add value to peoples lives, the Corporation donates its products (an original William Verdult painting or limited edition lithograph) to non-profit organizations across the United States for the purposes of charitable fundraising.

Our intent is to honor as many requests as possible. To help streamline the procedures, and enhance the effectiveness of the Charitable Giving Program, we will only consider making donations to non-profit organizations that meet the following criteria.

1. Non-profit status We will only consider donations to valid non-profit organizations. Requesting organizations must provide their Federal 501(c) 3 Non-Profit Status I.D. number prior to consideration. Faith based organizations are eligible.

Click to Read More

Luxury living to a fine art, Yazzy's at www.williamverdult.com

2010-03-16T15:00:28Z

Briar Jensen has a brush with opulence at a five-star property designed to pamper and please.

I'm standing behind an easel, holding crisp white rice paper that torments me with its emptiness. Black ink drips from my poised paintbrush, matched by beads of sweat on my brow. There are two things I can't do - sing and paint. To save others from embarrassment and myself from humiliation, I refrain from doing either.

However, having just interviewed Shi Qi, one of China's most celebrated artists, whose enormous nine-by-six-metre masterpiece hangs on the wall in front of me, I'm horrified to be given an impromptu art lesson.

But this is China and as they say at the Sofitel, "Anything is possible."

I'm at the five-star Sofitel Wanda Beijing, a flagship property the company hopes will position Sofitel as one of the world's leading luxury hotel brands. And from what I'm experiencing, I'm sure it will.

A Portrait of the Artist, in Bits and Pieces, Yazzy's at www.williamverdult.com

2010-03-16T15:00:28Z

Adapted from: “A Portrait of the Artist, in Bits and Pieces,” by Ken Johnson

According to the New York Times Back in 1989, when SoHo was still a booming contemporary-art center, Barbara Bloom produced a memorably trenchant installation called “The Reign of Narcissism” at Jay Gorney Modern Art on Greene Street. It was in the form of a neo-Classical period room in an imaginary museum dedicated to one Barbara Bloom. There were faux-antique marble busts portraying Ms. Bloom; fine teacups watermarked with her image; a 38-volume set of “The Complete Works of Barbara Bloom”; a tombstone with a carved epitaph that said, “She traveled the world to seek beauty” and many more artifacts testifying to the transcendent qualities of a great artist.

Reacap: A Bird’s-Eye Perspective and a Seaman’s Sensitivity to the Sky,

2010-03-15T15:00:38Z

Smithsonian American Art Museum - Cunningham’s “Blue Sail Fleet Returns,” after 1949, depicts schooners on a lavender ocean.

According to the New York Times the folk artist Earl Cunningham (1893-1977) romanticized the American landscape without hyperbole. Cunningham didn’t suffuse his paintings with divine light or invoke manifest destiny, like the Hudson River School artists; he simply showed the many small interactions of the Atlantic coastal ecosystem — a delicate balance of dock workers, harbor pilots, fishermen, farmers, waterfowl and American Indian tribes. His landscapes are as sustainable as they are beautiful.

Organized by Virginia Mecklenburg, senior curator of the Smithsonian American Art Museum, “Earl Cunningham’s America” at the Lincoln Square branch of the American Folk Art Museum presents 50 of Cunningham’s cheerful, intensely colored paintings. While that number seems sizable in this small space, it represents only a fraction of Cunningham’s oeuvre; he painted more than 400 works, most of which are in the collection of the Mennello Museum of American Art in Orlando, Fla. Cunningham’s paintings have been frequently exhibited in galleries, but this is their first appearance in a New York museum since

Recap: How to Insure Your Fabulous Art Collection, Yazzy's at www.williamverdult.com

2010-03-14T16:55:36Z

According to Street.com as the art market has grown in size, scope and value, insurers have stepped in to take advantage of the growing market as well. Major insurers now cover an array of valuables including paintings, sculpture, jewelry, antiques, stamps, coins and fine wine.

"There's a limited number of cars and homes out there, so insurance companies are creating specific products for very specific needs," says Jeanne Salvatore, spokeswoman for the Insurance Information Institute.

The niche-insurance market is growing quickly, according to Salvatore, especially for fine art. As an example, AIG's AIG fine-arts division has had a "very healthy" annual growth rate of about 30% in recent years, says Katja Zigerlig, director of fine arts at the insurer's private-client group.

Here are some tips insurers offer to keep your prized possessions in top shape:

Know the people you let into your home.

When things go missing, it's usually an inside job, according to insurers. Whether housekeepers, roof contractors or party guests, those who steal your stuff have usually been in the home before and know where to find the goods. Keep your valuables locked up if you're having major renovations or a party with unfamiliar guests. Make sure to do background checks on hired help who will be spending a good amount of time in your home.

Get the right kind of anti-theft system.

It might sound too "James Bond" to be true, but there are laser security devices and tiny locator tags developed just to prevent theft and discover where your valuables end up if they get stolen.

Make sure housekeepers know how -- and whether -- to clean your valuables.

Recap: McEnroe loves art? You cannot be serious, Yazzy's at www.williamverdult.com

2010-03-13T16:00:15Z

Creative energy … McEnroe responds to the umpire in his championship days at Wimbledon.
Photo: AFP

John Patrick McEnroe, one of the most brilliant, bad-tempered sportsmen of all time, is in London to commentate on the Wimbledon tennis tournament for the BBC.

But he has something else on his mind. On July 1 he is selling at Sotheby's a rarely seen portrait by Andy Warhol of him with his first wife, the actress Tatum O'Neal. The proceeds, which could be as much as £350,000 ($722,000), are going to charity. Not a lot of people are aware

that the man once known as "superbrat" has a serious interest in art and an impressive collection.

"It all started in the late '70s," McEnroe tells me. "My parents never went to galleries, so it was a bit like the left side of my brain wasn't there."

During the French championships in 1977 his mixed-doubles partner, Mary Carillo, took him to see Claude Monet's Water Lilies paintings at the Jeu de Paume. "I didn't know a Matisse from a Michelangelo, but when I got up close I thought, 'That is incredible.' But it was really my friend Vitas Gerulaitis who got me looking. He was four years older than me, someone I looked up to."