2023-08-22 20:29:31
In order for the value of a donated artwork to be deducted from tax its “fair market value” must be determined by a qualified art appraiser and must be submitted to the IRS. Further restrictions are specified in the Pension Protection Act. [Link] NEEDS_MORE_RATINGS(14-4-17) Author
2023-08-22 22:54:42
NNN it's obviously a joke NEEDS_MORE_RATINGS(3-1-8) Author
2023-08-23 02:00:13
The machanism of "certified appraisers" is exactly what is critized by this tweet. It states an opinion which may or may not be correct of how things work behind the scenes but does not state any facts that are wrong. NNN NEEDS_MORE_RATINGS(11-2-1) Author
2023-08-23 08:05:54
No note needed. The tweet correctly lists the valuation of the artwork by an appraiser as a necessary step for tax deduction (fact). It also suggests that appraisers are friendly with millionaires and doing nepotistic favors for them, which is valid speculation (opinion). NEEDS_MORE_RATINGS(12-0-1) Author