Earlier this week, the New York Times ran a fairly breathless story about Susan Crile, an acclaimed artist, and the Tax Court’s decision regarding her problems with the IRS. Ultimately, the Times says, this case is A. Big. Deal. The Times‘s lede:
If you say you are an artist, but you make little money from selling your art, can your work be considered a profession in the eyes of the Internal Revenue Service?
Spoiler: the answer is yes. Spoiler that the Times is apparently unaware of: we’ve known that the answer was yes for a long, long time. That is, although the Times assures us that the case is “seen by many as an important victory for artists,”[fn1] they’re wrong. This is, at best, a marginal victory (that will ultimately lead to a loss) for Ms. Crile. Continue reading