WHAT IS ART?
“Art” and “Collectibles” has been broadly defined by the IRS to include tangible personal property such as
paintings, watercolors, prints, drawings, sculpture, ceramics, antique furniture, decorative arts, antiques, textiles, carpets, silver, rare manuscripts, historical memorabilia, antiquities, ethnographic art, collectibles, gems and jewelry, furs, silverware, paintings, etchings, engravings, antiques, books, statuary, vases, oriental rugs, coin or stamp collections, historical fixtures once attached to real estate, and other similar objects.
AREAS OF EXPERTISE
Berus Law Group offers services in all aspects of business law; real property law, personal property law; tax law including capital gains tax, sales tax, and charitable contributions; and appraisal law - all related to the asset management of business and tangible personal property.
Our clients include corporations, limited liability companies and owners in acquisitions, sales, consignments, valuations, holding companies, loans, business management, leases, agreements, historical property both real and personal, and other such business and personal assets.
Contact us to schedule a free and confidential consultation.
BERUS LAW GROUP
450 Newport Center Drive, Suite 580
Newport Beach, CA 92660