Receiving a grant is usually considered a great event; an occasion to break out the champagne and reward yourself, a moment to reflect that a group of your peers deemed you worthy and part of the community. Grants keep art afloat in Canada, and should be a cause for celebration. Until it’s time to do your taxes, and then the world seems to fall apart and you curse the day you received that $7,000 from the Canada Council for the Arts.

Learn more about Income taxes for artists here.