Virtual | Professional Empowerment: Taxation Insights on Art Transactions, with Galina Portnoy

12pm ET | 11am CT | 9am PT

ArtTable’s Professional Empowerment program series invites experts to share their professional experiences, knowledge and skills. Each session presents an opportunity to engage with and learn more about a topic, issue or skill that directly impacts the professional lives of our members. Please join us and Galina Portnoy, CPA, Director at Marks Paneth Accountants & Advisors for a discussion on issues of taxation in the art world. We will touch upon how similar art transactions are treated differently by the IRS depending on who is conducting the transaction (artist vs. dealer vs. investor vs. collector), art inclusion in estate planning, art transactions and crypto currency, among other essential topics!

Admission

• Non-Members – $15
• ArtTable Members – $10
• ArtTable Circle Members – Free
• Members may bring an additional guest for $5

Not a member? Join today!

Can’t make the program at this time? Register anyway to receive a recording after!

How to take part:

1. Click here to Register for this program.
2. Following registration you will receive call-in information in the form of a ZOOM link.
3. Before joining a Zoom meeting on a computer or mobile device, you can download the Zoom app from the Download Center and select the “Zoom Client for Meetings” option. Alternatively, you will be prompted to download and install Zoom when you click a join link.
4. For further instruction on how to use Zoom, see here.

Accessibility: Please note that this program will offer live closed captioning. If you require additional accommodations, please email programs@arttable.org.

About Galina Portnoy

Galina Portnoy, CPA, is a Director in the Private Client Services Group at Marks Paneth LLP. For more than 20 years, Ms. Portnoy has provided tax, accounting and consulting services to high-net-worth individuals, family partnerships and their related entities. She has advised on a broad range of complex issues, including strategic income tax planning and execution, gifts and estates, philanthropy, matrimonial accounting, business management and planning, real estate and other transactions, multi-state taxation and financial planning.

Ms. Portnoy has extensive experience advising artists, art dealers and art investors, as well as educators and researchers. In addition, her clients include hedge fund managers, investment advisors, real estate investors and providers of legal, financial and real estate-related services. She also oversees engagements that provide concierge services to high-net-worth individuals and their related entities.

Ms. Portnoy has represented clients before the Internal Revenue Service, as well as the State and City of New York, including on income tax, residency and UBT issues.

Before joining Marks Paneth LLP in 2016, Ms. Portnoy was a CPA at another accounting firm and, prior to that, worked in a variety of private and publicly traded organizations in a tax and accounting capacity. She is based in the firm’s New York City headquarters.

Thank you to ArtTable’s New York Chapter Programming Committee for organizing this program.

Images: 

1. Header image courtesy of Kyle E. Krull
2. Galina Portnoy, courtesy of the speaker