Please - Urge Members of Congress to Co-Sponsor the Artist Deduction Bill - As the law stands now, a "collector" is allowed to take a fair-market value tax deduction for works given to and retained by nonprofit institutions (e.g., museums, libraries, educational or other collecting institutions). Artists, however, can take a tax deduction only for the cost of materials.
You can send a message to your members of Congress online on the Americans for the Arts website: http://www.capwiz.com/artsusa/issues/alert/?alertid=9521951&type=CO
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