Charity Art Auctions & The Artists’ Deduction Bill

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I received this email yesterday.  For all of you who are looking for fairer treatment with art auctions and tax write-offs, you might want to go online and sign this petition:

Artists’ Deduction Bill:

Please forward this link below to all of your artist and
art loving friends –
 
This artist deduction bill (S.548) would give artists
the right to deduct the fair market value of their work when donating it to a charity. We artists are always asked to donate work to charitable causes for fundraising purposes but when our work is auctioned, the buyer gets the benefit of being allowed to deduct their contribution above the market value, whereas the contributing artists and artisans can only deduct the amount of the material costs of creating their work (the cost of paint, canvas, clay, paper…).
 
This bill is non-partisan and fair. Please click on the link above
and type in your zip code; a letter of support will be sent to your senators and congressmen.

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