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Want to Avoid U.S. Taxes on a Warhol? Keep Buying Art
©2015 Bloomberg News NNHRUH6K50YH (Bloomberg) — Chicago plastics manufacturer Stefan Edlis faced more than $20 million in U.S. capital gains taxes by selling his Andy Warhol painting to billionaire Steven A. Cohen eight years ago. He paid zero. Half of the proceeds from the $80 million sale of Warhol’s 1964
How To Pick Great Ripe Fruit
By C. S. Nelson By design, fruit is mysterious. Its skin prevents the buyer from seeing what’s inside before the purchase. But this is not a mystery without clues. When you know what to look for you can greatly increase the chances of bringing home the perfect sweet piece
