The Mudcat Café TM
Thread #34052   Message #457381
Posted By: katlaughing
07-May-01 - 06:19 PM
Thread Name: FYI/NEWS - Artist's Tax Deduction
Subject: FYI/NEWS - Artist's Tax Deduction
I just received the following from the National Writer's Union. I recall some of us were talking about deducting expenses etc. from donations to non-profits this year. Looks like it is time to write to our Congresspeople:

You can take action on this alert either via email (please see directions below) or via the web at: http://www.GetActiveHub.com/take-action.tcl?key=1339141A12795B0507055908C185

Visit the web address below and tell your friends to take action on this important campaign! http://www.GetActiveHub.com/campaign/artiststaxdeduction/forward?rk=o1q0L141sdzDW

We encourage you to take action by June 3, 2001

Artists Tax Deduction

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The Artist-Museum Partnership Act (S 694)is important to you and other writers--and it will be acted on soon by the U.S. Senate. This bill would allow all artists, including writers, to deduct from their taxes the fair-market value for self-generated works donated to a non-profit institution.

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INSTRUCTIONS TO RESPOND VIA THE WEB: If you have access to a web browser, you can take action on this alert by going to the following URL:

http://www.GetActiveHub.com/take-action.tcl?key=1339141A12795B0507055908C185

INSTRUCTIONS TO RESPOND VIA EMAIL: Just choose the "reply to sender" option on your email program, and edit the letter below as you wish. Do not delete "-YOU MAY EDIT THE LETTER BELOW-" and "-END OF LETTER-". Please do not add your name and address to your letter. Our system automatically does this for you.

We STRONGLY encourage you to make edits directly to our sample letter below, and put the alert talking points into your own words. An individualized letter is worth ten computer generated letters. Of course, hundreds of unedited letters will still create a large impact, so please reply even if you don't have time to personalize the letter.

-------YOU MAY EDIT THE LETTER BELOW---------

I urge you to become a co-sponsor of the Artist-Museum Partnership Act (S.694)introduced by Senators Leahy and Bennett that would allow artists to deduct fair-market value for self-generated works donated to a non-profit institution. Passage of this legislation would enable museums, libraries and archives to solicit original works from artists, writers and composers who are both regional and national and help us strengthen the collections in communities across the nation

Currently, an artist, writer or composer can only deduct the cost of materials to create the work, which is not a large incentive to donate, particularly since the majority of artists, writers and composers in this country earn very little.

Since the law allowing artists to deduct the fair-market value of self-generated works to a museum or library was repealed in 1969 there has been a dramatic decline in the number of such gifts offered to institutions.

Many national and important regional artists, writers and composers sell their original works to private collectors or abroad, which effectively keeps them from ever being seen by the American public.We are, in essence, deprived of part of our cultural and artistic heritage.

I look forward to hearing that you have become an original co-sponsor of this most important cultural legislation.

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