Thursday, January 04, 2007

For Immediate Release: December 29, 2006
Contact: Isabel Reichert or Sean Fletcher at (510) 533-3962
or email info@mydeathandtaxes.com

ACT NOW TO OWN A *SIGNED* EXECUTIVE OFFICE CHAIR FROM
DEATH & TAXES, INC.

Conceptual Artists Announce Their "Going Out Of Business Sale" as the Art/Life Corporation Death & Taxes, Inc. Closes It's Doors

OAKLAND, CA -- Having completed a full year of running their lives under the fiscal restraints of the subchapter 'S' corporation Death & Taxes, Inc., conceptual artists Sean Fletcher and Isabel Reichert are holding a 'Going Out Of Business Sale' to liquidate the inventory and equipment that their company acquired throughout 2006. The executives made the decision to "formally retire" from their year-long project, effective December 29th -- or, the last business day of 2006. Over the preceding 12 months the couple handed over the responsibility of financial decision-making to a 15 member
professional board of directors as an "experiment in privatization." The sale is taking place exclusively on the defunct company's website: www.mydeathandtaxes.com.

For the next several weeks you can find valuable artifacts, such as the punch-clock they've been using to record their time spent 'living' (categorized as those hours which are not devoted to the income-generating jobs they’ve held outside their studio) as well as the remaining portion of their membership to the Oakland Chamber of Commerce (good 'till May, 2007). You'll also find Isabel Reichert's 'executive office chair', a high-backed leather chair acquired from a vacated office space in San Francisco's Financial District.

"The company's board and the other business professionals we've been working with have all been pressuring us," says Fletcher, who served the last 12 months as CFO of the company, "to focus our efforts on creating 'tangible' works of art. Instead, we've been focusing on conceptual art that hasn't had much tangible substance." The two artists effectively turned their studio practice into a process of bookkeeping, cash-flow projecting, and the development of a quarterly financial report (a bound publication that combines an art/literary publication with more traditional reporting on the couple's finances).
The results of their unique 'studio practice' has been voluminous amounts of data that becomes tactile art through PowerPoint slide shows and the performances that comprise their quarterly board meetings. "But, now that we've drawn the project to a close, we're finding a whole inventory of tangible artifacts that we're pleased to offer through this rare on-line sale."

Giving historical significance to items of this nature is a relatively common practice in contemporary art, finding its roots in Marcel Duchamp's early 1900's "readymades" (items such as snow shovels and bathroom urinals which made their way onto gallery walls and sculpture pedestals). In addition to pushing the boundaries of popular culture, Fletcher and Reichert frequently relate their artwork to historical icons like this. Earlier in the year, for example, the couple publicly announced that they were switching to Savarin(tm) coffee as both a cost-cutting measure of the company and a reference to 1960s pop-artist, Jasper Johns. A select few signed Death & Taxes coffee cans are still available for sale.

"Death & Taxes, Inc. will prove to be an historically significant artistic endeavor," declares Matthew Jesse Jackson, a professor of Contemporary Art at the University of Chicago, as well as a former board member and participant in the company's Marketing Sub-Committee. "These objects will allow future generations to appreciate the innovations of Fletcher and Reichert's art practice as well as the creative minds of their corporation.... I think their 'Going Out Of Business Sale' is an absolute steal at these prices!"

Death & Taxes, Inc. launched January 3, 2006 -- the first business day of the year. The couple committed to continuing the project through the end of 2006. Death & Taxes, Inc. officially closed its doors on December 29th -- the last business day of the year -- "partially to avoid the corporate tax that would otherwise be due after the first year of operations," says the former CEO, Isabel Reichert.

Other art-life projects that Fletcher and Reichert recently collaborated on include 'Paparazzi Photographs', where the artists
contracted a paparazzi photographer to follow them for a day, 'Selling Yourself and Not Your Art', which involved hiring a Dale Carnegie instructor to coach artists on the business etiquette of marketing their wares, 'An Interview with Robert Barry', where the artists interviewed the 1960s artist over the telephone as part of a short-range radio broadcast, 'Therapy', which involved using a couples counselor to facilitate a 40-minute session to help mend the relationship between art and its audience.

To learn more about the project and track its progress, visit
http://www.mydeathandtaxes.com
or
http://www.life-art.org

####

To contact the artists or for further information, please call (510) 533-3962 or email info@mydeathandtaxes.com.

Monday, July 24, 2006

Worth Knowing 2 - July, 2006

Here's a brief update of what's been happening thus far in the third quarter of the year. It is a marvel how quickly time passes. In between my return from Germany and following up with the people I spoke with while I was there, Sean and I have managed to maintain a respectable level of productivity here at the "home office."

Here are some of the highlights:

-- Last week we registered with SCORE. For those of you unfamiliar with this organization, it stands for "Service Core Of Retired Executives." It is an organization that provides professional resources and expert advice to small businesses by pairing retired corporate executives with small business owners.

This past Wednesday, Sean and I had our first consultation with Mr. Jim Philapot, the founder of the "Speedy Oil Change" franchise. (Now retired.)

Mr. Philpot has agreed to continue counseling us over the next few months as we continue working on our business plan and improving our marketing efforts. He seemed to understand the project and was clearly interested in what we were doing. He gave us some homework,
and he agreed to be videotaped during our next visit.

-- We assembled a press kit: a pocket folder with the logo on the front that contains a pitch letter, information about Death & Taxes, Inc., samples of prior press releases, a few photographs, and an audio CD with an excerpt of our interview with economist and Haas business professor Raymond Miles.

We've been feeling the sting of frustration here at company headquarters. Despite our efforts and the development of a killer public relations database, we've yet to see any press related to the project. It can only be a matter of time, though, before someone covers the story.

Mr. Philpot commented that the letterhead and the emphasis on the corporation (instead of the artists who started the corporation) may have led some people in the press community to overlook the newsworthiness of the prior releases.

-- Allen Spore dropped by over the weekend and helped us with a promotional "family portrait" (Thanks Allen).

-- We are already working on our next Quarterly report. We're having dinner with Newton Harrison and Helen Meyer Harrison in part to discuss the project -- a conversation we hope to transcribe into the "management discussion" for the upcoming issue.

In addition, Leah Modigliani has agreed to contribute an article for the upcoming issue.

-- Finally, in September we will be presenting Death & Taxes, Inc. to a gathering at Yerba Buena Center for the Arts. Thanks to Sarah Lockhart for organizing this.

All in all it has been a very busy summer for us.

As always, we want to thank you for your continued support and we wish you all the best.

Warm regards,
Isabel Reichert
and Sean Fletcher

Sunday, May 28, 2006

Trillium Press Meeting

Meeting Summary
Trillium Press, LLC
May 23, 2006, 2:00pm PST

Ray Beldner, Isabel Reichert, and Sean Fletcher visited Trillium Press in Brisbane, CA. Trillium Press, LLC is a fine art printing and publishing facility that specializes in collaborative projects with artists at all stages of their career path. We were welcomed by the company's director, Richard Lang, and his son, Noah Lang. Richard took us on a tour of the facilities and provided us with a history of the business. He also showed us some of the art projects they are developing with other artists, and he allowed us time to browse through some of the books they've assembled through past collaborations with other artists. (Including Sandow Birk's books and a really beautiful book that Maria Porges made there.)

Richard made a point of telling us that part of the mission of the organization is to work with blue-chip, mid-career, and emerging artists. Richard explained that Trillium Graphics earns its profit through the creation and distribution of fine art books and limited edition prints, through the printing and distribution of multiples, and through collaborative efforts with galleries and other arts institutions. In other words, Trillium sells prints and publications directly to the public and through what Richard referred to as "gallery partners".

Trillium would be a valuable resource to Death & Taxes, Inc. if they are able to provide us with any or all of the following:
1) Trillium Press would provide knowledge and expertise in printing and production that we lack
2) Its possible that collaborating with Trillium Press would increase the visibility and name recognition of Death & Taxes, Inc.
3) Trillium Press has subsidized printing costs with other artists in the past, and financial assistance would be very valuable to us

After the tour, the five of us sat at a conference table to hold a consulting meeting. It was Richard's proposal to "brainstorm" with us for an hour, which he said would normally run $100 per consultant per hour. Trillium Press did not charge us for this service.

Richard and Noah were under an incorrect assumption that Death & Taxes, Inc. is a non-profit 501c3 entity. They also held an incorrect assertion that Death & Taxes, Inc. intended to apply for assistance through Trillium's "Venture Philanthropy" program. This is a program that raises money to provide financial assistance to non-profit organizations for printing costs incurred at Trillium Press. Because we are not a non-profit, we are not eligible to participate in this program.

The focus of the brainstorming session then turned to investigating ways in which Death & Taxes, Inc. could raise financial resources through the use of multiples. Richard and Noah suggested (among other things): selling T-Shirts and baseball hats, issuing share certificates, selling advertising space on our website and/or our belongings to companies and other artists (for example, we might consider cooking in the SBC Kitchen or eating in the Monster.Com dining room), and boiling down the information in the quarterly report so it would fit onto a one page "broadside" (an 11 x 17 inch poster on archival paper).

Regarding the catalogue, we arrived at a consensus that the first run of the catalogue should be a less expensive version augmented by rare accouterments (like an original artwork, a coffee can, a time card, or a T-Shirt) to enhance the selling price. We discussed creating a boxed edition for the second quarterly report that might include other artifacts or works of art, and perhaps the third edition would be a DVD instead of a printed report -- basically all four quarterly reports would differ in their presentation.

Noah also referred us to a sub-contractor they've been using called Prepress Assembly that specializes in short-run color catalogues using digital printing. He believes that such a catalogue would run somewhere between $15 and $20 each. Our present report has too few color pages to justify this cost.

Richard offered that we should hold an event to raise awareness about the project and to provide a venue for selling the reports. He suggested an "off-site" party.

Ray's suggestion was that accouterments like used coffee cans could be included in the boxed version of the report. A short-run of the final documentary or an edited down version of a board meeting on DVD would also work well in a collectors' box version of the report.

There is every indication that Trillium Press would be interested in collaborating in the future, provided we can show them enough potential for sale and distribution of the reports and that the reports are more tailored to the kind of reproduction work that Trillium specializes in (i.e. boxed editions, broadsides, or fine-art prints).

We think we should send thank-you cards to Noah and Richard for spending so much time with us on Tuesday. Their input was very valuable.

DEBRIEFING
The report is currently being reviewed for final edits by Cheryl Meeker. When she is finished, we will bring the report to Piedmont Press in Oakland and produce 100 copies of the report at an estimated cost of $500. In the meantime, we will develop original artwork for the reports as inserts to increase the resale price. We are looking for assistance from the Business Development subcommittee on how to set a final selling price for the report.

We'll keep in touch with Trillium press by adding them to our press list and sending them periodic updates.

Our interpretation of some of the brainstorming ideas that were discussed at this meeting should be covered in the next Business Development subcommittee meeting:

We would favor a company picnic over an off-site party. Our imagination of this is an outdoor BarBQ at the Headlands on a Saturday afternoon in July. This venue would carry an entry fee and would feature the sale of the current edition of our quarterly report.

We would favor golf shirts to T-shirts - perhaps with an embroidered logo on the sleeve - but this should be delayed as it is very closely related to an upcoming project we are planning for Death & Taxes, Inc. More later.

Tuesday, May 23, 2006

Worth Knowing - May, 2006

Board member and Business Development Sub-Committee Member, Ray Beldner dined with Trillium Press director, Richard Lang, last weekend and managed to coordinate a brainstorming session with Mr. Lang regarding the publication of the Death & Taxes, Inc. quarterly reports. We will be meeting with Mr. Lang, Ray, and maybe Marcia Tanner at Trillium's offices in Brisbane next Tuesday afternoon at 2:00pm. This is a very promising meeting that we're both very excited about. We believe we will leave this meeting with a very clear direction of how we should proceed in publishing and disseminating the reports. We will certainly keep you posted as this relationship develops.

Last Thursday we attended a networking breakfast at the Oakland Metropolitan Chamber of Commerce and spent roughly $350 to join the organization. We walked away with a nice placard and were assured that our website would be linked tothe chamber's website within the next few days. We will also be mentioned inthe "Oakland Business Review" the official newspaper of the Chamber of Commerce, and the Annual Membership Directory and Buyers Guide.

Oakland artist, Matt Volla (who we should mention is getting married *as this is being typed*) attended the breakfast with us and took some terrific photographs and video footage -- despite the repeated protests of the chamber's membership chair and vice president.

In addition to documenting this ?awkward? breakfast experience, we met thepublic relations director of the Oakland office of the Internal Revenue Service. Sean spoke briefly with her about obtaining a private letter ruling for our method of filing, and she believes this would be a definite possibility. We left her with some information about the project, took her business card, and we intend to follow-up with her this week.

On Friday, Beth Lisick came to our house and helped us itemize canned goods, dried foods, and some things in our freezer that had previously met with neglect. We planned a menu for the next two weeks, composed a shopping list, then we took a trip to the grocery store and the local produce market together. We would like to point out that this was probably the cheapest trip we'd ever made to either establishment having spent roughly $90 in total. We believe this inventory will last for the next two weeks with only a small trip to the produce market again next weekend to buy fresh fruit.

Thank you, Beth! (And a special thanks to Jordan Essoe for videotaping and photographing theentire morning.)

Finally, the company's digital camera arrived this week. Our initial reviews are mixed, but we think it is the best available for the money we spent. We purchased a 9 megapixel Fuji Finepix camera along with a flash card and a AA battery charger for just over $500. Despite some preliminary misgivings about the sharpness of images when enlarged, we believe it will work fine for increasing the documentation of the project.

Please find attached an image from the Chamber of Commerce breakfast and an image from our shopping trip with Beth Lisick (both taken with our new camera -- but optimized for the web, so please don't evaluate them for sharpness).

Thank you to our board for all your help and support.

Press release 4

For immediate release: May 4, 2006
Contact: Isabel Reichert or Sean Flethcer
at (510) 533-3962
or email info@mydeathandtaxes.com

ART/LIFE CORPORATION DEATH & TAXES, INC. JOINS
OAKLAND METROPOLITAN CHAMBER OF COMMERCE

No Free Lunch but Local Artists Find Free Breakfast Less Hard to Come By

OAKLAND, CA -- Late nights in the studio might be the norm for some artists, but for Isabel Reichert and Sean Fletcher the early morning approach comes with a free breakfast. The locally-based artists and founders of the art/life corporation Death & Taxes, Inc. this week announced they have joined the Oakland Metropolitan Chamber of Commerce. The Chamber's monthly breakfastmeetings -- which start at 7:30am and are attended by hundreds of small-business owners looking for networking opportunities and improvement tips- seems an unlikely venue for two conceptual artists. It's all part of their latest project: the formation of a company whose chief responsibility is keeping them alive.

"We think an important step to being a responsible business is joining the Chamber of Commerce and helping to support the community," says Reichert, the company's CEO. "For most businesses, it's probably more of an after-thought, and a great way to promote what they're doing. For us, our business is our lives, so what we're hoping to promote is a unique dichotomy of life and business. Having breakfast -- purportedly the most important meal of the day-- at the Chamber of Commerce is a great way to explore that."

The two artists, a married couple with a five-year-old daughter, have been orchestrating conceptual "life/art" projects for the past decade, working both collaboratively and individually. These projects have taken them from courtrooms to soup kitchens to Republican Party Committee meetings. But for the past four months they've been compiling financial data regarding their income and expenses; meeting with their corporate attorney, their accountant,and their 15 member professional board of directors; and negotiating deals withother companies to help them live more gainfully.

In February, they turned 'buying coffee' into an art-piece by negotiating the purchase of a case of Savarin brand coffee, and last month they acquired a punch clock to record their 'time spent living.' The remnants of these two artistic endeavors will soon be available for purchase via the company's website: www.mydeathandtaxes.com.

Board member Beth Lisick, a writer and spoken word performer living in Berkeley,Calif., and a member of the company's Finance Sub-Committee, has agreed to help the artists compile a more cost effective shopping list for visiting the grocery store and has offered to spend an afternoon organizing their kitchen cabinets.

"There are likely other U. S. Corporations out there that, if they'd had this kind of support from their board, might have avoided a Federal Grand Jury," says Lisick.

Lisick recently arranged for The FruitGuys (www.fruitguys.com), a fresh fruit delivery service for San Francisco Bay Area businesses, to deliver a box of goods to the artists' home and corporate headquarters in Oakland, CA.

Death & Taxes, Inc. launched January 3, 2006 -- the first business day of theyear. Should the enterprise fail to turn a profit, the company's CFO and co-founder Sean Fletcher says they will dissolve the company on December 31, 2006, "to avoid the corporate tax that would otherwise be due after the first year of operations."

Other art-life projects that Fletcher and Reichert recently collaborated on include _Selling Yourself and Not Your Art_, which involved hiring a Dale Carnegie instructor to coach artists on the business etiquette of marketing their wares; _An Interview with Robert Barry_, where the artists interviewed the 1960s artist over the telephone as part of a short-range radio broadcast; _How To Sue_, in which the artists brought their curators to small-claims court over intellectual property infringement; and _Therapy_, which saw the artists hiring a couples counselor to facilitate a 40-minute session to help mend the relationship between art and its audience.

To learn more about the project and track its progress, visitwww.mydeathandtaxes.com.

####

To contact the artists or for further information, please call
(510) 533-3962
or email info@mydeathandtaxes.com.

Tuesday, March 28, 2006

Press release 3

For Immediate Release: March 28, 2006
Contact: Isabel Reichert or Sean Fletcher at (510) 533-3962
or email info@mydeathandtaxes.com

ARTISTS ADD “PUNCHING OUT” TO THE LIST OF THINGS TO CHECK BEFORE LEAVING THE HOUSE IN AN ON-GOING EFFORT TO TURN THEIR LIVES INTO A CORPORATION

OAKLAND, CA -- Did you turn the lights out? Lock the back door? Turn off the coffee machine? How about punch out? Two San Francisco Bay Area artists, Sean Fletcher and Isabel Reichert, the co-founders of the art/life corporation Death & Taxes, Inc. will soon be able to record their “time spent living” with the help of a curious discount opportunity offered by Apollo Time Clocks, a leader in the sales and service of attendance time monitoring devices. Apollo Time Clocks announced their offer last week to lease a punch-clock to the artists at a modest price for the remainder of the year -- supplies included.

Fletcher and Reichert launched their corporation on January 3rd as part of a year-long project to “privatize their lives” and have been investigating corporate partnerships like this one to help improve their financial situation and support their unorthodox tax position with the IRS. Last month they sparked a deal with a coffee distributor, Mother Parkers Tea and Coffee, for a three month supply of Savarin. (Savarin is an inexpensive commercially ground coffee prevalent on the east-coast, made famous through the sculpture and print work of 1960s pop artist, Jasper Johns.)

In the weeks ahead they will be working with a professor at UC Berkeley’s Haas School of Business, who is coaching them on how to communicate more successfully with other members of the business community.

The two artists – a married couple who reside in the Bay Area with their five-year-old daughter – are running most of their routine living expenses through the fledgling company with prior approval from their board of directors. This creates a potential quagmire for the IRS when they file their 2006 tax return as living expenses are not normally considered deductible. “The intention of the project isn’t to avoid paying taxes, but the method we’ve chosen to file might raise a couple of eyebrows,” says Fletcher, who is also the company’s CFO. “We believe time cards will provide additional evidence to any would-be auditor that we’re serious about what we’re doing.”

“In any situation where you intend to file a return as a business its good practice to keep track of the time you spend working there,” explains the company’s Treasurer, Sarah Lockhardt. “Everything we’re doing is legitimate, but measures like these can only help to make a potential audit run more smoothly.” Lockhardt is a licensed enrolled agent and the co-founder of the progressive Oakland based art gallery, 21 Grand.

Through public speaking venues and other public outreach opportunities, the artists have repeatedly drawn subtle connections between their work and the work of other conceptually based “life artists”. Their decision to limit their project to a year is based, in part, on the collaborative efforts of Linda Montano and Tehching Hsieh (two artists who tied themselves together with a rope for a full year in 1983). Hsieh also used a similar time recording device in an earlier year-long project called Time Piece to the one that Fletcher and Reichert are using today.

Death & Taxes, Inc. launched January 3, 2006 – the first business day of the year. Should the enterprise fail to turn a profit, the company’s CEO and co-founder Isabel Reichert says they will dissolve the company on December 31, 2006, “to avoid the corporate tax that would otherwise be due after the first year of operations.”

Other art-life projects that Fletcher and Reichert recently collaborated on include Selling Yourself and Not Your Art, which involved hiring a Dale Carnegie instructor to coach artists on the business etiquette of marketing their wares; An Interview with Robert Barry, where the artists interviewed the 1960s artist over the telephone as part of a short-range radio broadcast; How To Sue, in which the artists brought their curators to small-claims court over intellectual property infringement; and Therapy, which saw the artists hiring a couples counselor to facilitate a 40-minute session to help mend the relationship between art and its audience.

To learn more about the project and track its progress, visit www.mydeathandtaxes.com.

###

To contact the artists or for further information, please call (510) 533-3962 or email info@mydeathandtaxes.com

Press release 2

For Immediate Release: February 13, 2006
Contact: Sean Fletcher or Isabel Reichert at (510) 533-3962
or email info@mydeathandtaxes.com

ARTISTS GIVE BEAN COUNTING A TRY IN ON-GOING EFFORT
TO TURN THEIR LIVES INTO A CORPORATION

OAKLAND, CA – Two San Francisco Bay Area artists tried their hand at bean counting for their latest production – coffee beans that is – as
Isabel Reichert and Sean Fletcher, the co-founders of the art/life corporation Death & Taxes, Inc., struck a deal with the Texas firm
Mother Parker’s Tea and Coffee to acquire a three month supply of Savarin Coffee with a corporate discount.

Fletcher and Reichert launched their corporation last month as part of a year-long art project to “privatize their lives.” With the assistance of a corporate attorney, a financial auditor, and a professional board of directors, the two artists have formed a corporation whose chief responsibility is to find profit in their edgy conceptual life/art projects.

The two artists – a married couple who reside in the Bay Area with their five-year-old daughter – are facing the difficult task of turning their household budget into a complex exercise in corporate finance. For starters, they are working on ways to trim their daily expenditures. Their coffee habit was first on the chopping block.

“Whole bean coffees retail for about $8.00 a pound on average – and can go as high as $15.00 a pound of more,” explains Fletcher, CFO of Death & Taxes, Inc.. “Savarin coffee costs less than $5.00 per pound with shipping included – every bit helps.” Fletcher estimates that the change in coffee will help the fledgling company to cut nearly .25% from their annual expenses.

“I think I speak for the entire board,” reports the company’s President Allen Spore, “when I say that we wholeheartedly approve of their initiative to reduce coffee expenses through this temporary agreement with Mother Parkers’ Tea and Coffee. We’re looking forward to more fresh ideas like this in the future.”

While Savarin coffee may not be the hip young Bay Area sophisticate’s first choice of caffeinated beverage, it’s no stranger to art. Its distinctive packaging was notably imitated in Jasper Johns’ 1960 painted bronze sculpture Savarin. Of that piece, Johns wrote, “A thing’s not being what it was, with its becoming something other than what it is, with any moment in which one identifies a thing precisely, and with the slipping away of that moment.”

Death & Taxes, Inc. launched January 3, 2006 – the first business day of the New Year. Should the enterprise fail to turn a profit, the company’s CEO and co-founder Isabel Reichert says they will dissolve the company on December 31, 2006, “to avoid the corporate tax that would otherwise be due after the first year of operations.”

Other art-life projects that Fletcher and Reichert recently collaborated on include Selling Yourself and Not Your Art, which involved hiring a Dale Carnegie instructor to coach artists on the business etiquette of marketing their wares; How To Sue, in which the artists brought their curators to small-claims court over intellectual property infringement; and Therapy, which saw the artists hiring a couples counselor to facilitate a 40-minute session to help mend the relationship between art and its audience.

To learn more about the project and track its progress, visit www.mydeathandtaxes.com.

###


To contact the artists or for further information, please call (510) 533-3962 or email info@mydeathandtaxes.com

Wednesday, December 28, 2005

Press release 1

For Immediate Release
December 27, 2005
Contact: (510) 533-3962

SAN FRANCISCO-BASED ARTS COLLABORATIVE
TURNS ITS LIFE INTO A CORPORATION


OAKLAND, CA - Two San Francisco-based conceptual artists, Sean Fletcher and Isabel Reichert, are announcing the launch of their new enterprise, Death and Taxes, Inc., a corporation that will be responsible for the preservation of their lives as well as the success of their edgy "life-art" projects. For the next year, Fletcher and Reichert - a married artist duo with a five-year-old daughter - will rely on a high-profile board of art historians, museum curators, writers and other arts professionals to make all their financial decisions: from approving their family budget to deciding on liquidating any household appliances 'for the benefit of the company.' Through their new enterprise, Fletcher and Reichert will convert living into a form of production as they conduct their routine affairs with thorough business conformity, producing quarterly reports and tracking their cash flow as a GAAP-compliant profit-and-loss statement.

"While we aren't sure if the company will realize profit within a year, we're confident we're working with the right people to make that happen," notes Fletcher, who, along with Reichert, has assembled a list of highly-regarded board members - including The Santa Monica Museum's Lisa Melandri and The Aspen Art Museum's Heidi Zuckerman Jacobson - to turn their lives into a profitable enterprise. "If it can be done, these are the people to do it." A complete list of board members and their biographies appear on the company's website: www.mydeathandtaxes.com/board.html.

Oakland-based attorney Richard Lee - known for his assistance in setting up the Film Arts Foundation, San Francisco, and serving as one of the first panelists for California Lawyers for the Arts - will serve as the new company's legal counsel. Lee will assist Fletcher and Reichert in forming the subchapter "S" corporation, drafting the employment contracts the two artists will sign with their board of directors, advising them on the issuance of shares, and the deductibility of their routine living expenses.

Death and Taxes, Inc. launches January 3, 2006 - the first business day of the new year. Should the enterprise fail to turn a profit, Reichert says they will dissolve the company on December 31, 2006, to avoid the corporate tax that would otherwise be due after the first year of operations.

After a rather lengthy communique with white-collar criminal advisor Herb Hoelter (a.k.a Mr. Liberty), the artists are considering his legal advice to expand their art-life practice into a significant tax advantage. Hoelter boasts serving on the criminal defense teams of Willie Nelson, Martha Stewart, and Peter Max in separate cases of tax evasion and corporate fraud.

Other art-life projects that Fletcher and Reichert recently collaborated on include Selling Yourself and Not Your Art, which involved hiring a Dale Carnegie instructor to coach artists on the business etiquette of marketing their wares; How To Sue, in which the artists brought their curators to small-claims court over intellectual property infringement; and Therapy, which saw the artists hiring a couples counselor to facilitate a 40-minute session to help mend the relationship between art and its audience.

To learn more about the project and track its progress, visit www.mydeathandtaxes.com.

###


To contact the artists or for further information, please call (510) 533-3962 or
email info@mydeathandtaxes.com

Monday, December 12, 2005

How to use the web conference tool

We look forward to meeting with you on Tuesday evening. We are glad you can attend and we greatly appreciate your input during the meeting.

At Death and Taxes, Inc., our business is our lives.

When: Tuesday, Dec 13, 2005 7:00 PM (Pacific Standard Time)
Scheduled to Occur: Once
Duration: 1 hr. 30 min.

Please click the following link on the eve of our meeting.

https://www.livemeeting.com/cc/readypresent/join?id=BHX878&role=attend&pw=art%3Dlife

Please scroll down for information you will need to access the meeting.

Please note: the teleconferencing is separate from the web-conferencing. If you are unable to view the web-portion of the conference, you can still participate in the audio-conference. Please check your email for a copy of the presentation, or visit our website: www.mydeathandtaxes.com

To dial into the audio conference, please call: (800) 261-3225
When prompted for your participant code, dial: 5333962

To access the web-conference, use the following information:

Subject: Death and Taxes, Inc - Introductory Board Meeting
Meeting URL: https://www.livemeeting.com/cc/readypresent/join
Meeting ID: BHX878
Meeting Key: art=life
Role: Attendee
Audio Conferencing (Toll-free): +1 (800) 261-3225 
Participant Code: 5333962

FIRST TIME USERS: You may need to install a Windows-based Meeting Console before your meeting:
http://r.office.microsoft.com/r/rlidLiveMeeting?p1=7&p2=en_US&p3=LMInfo&p4=DownloadWindowsConsole

There should also be a web portal to this console if the above link doesn't work.

This Live Meeting invitation is a personal invitation; it should not be forwarded. For assistance, please visit Live Meeting Help and Support: 
http://r.office.microsoft.com/r/rlidLiveMeeting?p1=7&p2=en_US&p3=LMInfo&p4=support