Hi - I emailed this to you too -- but thought you might want to post it as your reader base might be able to help! xx Kimberli www.kimberlinewyork.blogspot.com
Lots of non-mainstream artists give away art. Lots of part-time, casual artists give away art. Lots of people who don't conceive of themselves as artists give away their creative energy. These people put their time and energy into art and rarely ever ask for a dime. But now we have a way to get them a little bit of money for their efforts.
In mid-November, the Senate passed a bill that would allow new tax deductions for artists who donate their work. These deductions would be based on the market value of the donated art, rather than just the materials cost, which is the current paltry standard.
If this bill passes the House, artists get a little tax benefit which will hopefully cover some costs and put a little bit of money in their pocket. Nobody is going to make a living this way, but for some people we're talking real money.
In order to make this bill into law, we need to free it from the Ways & Means Committee in the House. Circle Arts has been working with artists and artist's groups to get the word out and make that happen.
You can help!
First, sign the petition. The peitition is done. Thanks to everybody who signed!
Next, call Reps. Charlie Rangel (202-225-4365) and Thomas Reynolds (202-225-5265). Tell them to push for HR 2786 and HR 1120. Tell them to remove the 18-month waiting period. It's easy: call up and when somebody answers say
"I am calling to urge Rep. So-and-so to support HR 2786 and HR 1120. I would also like him to amend the bill to remove the 18-month waiting period." They'll say thanks and you're done. If you're in their district, mention it.
Then, write a letter. Stick it on a postcard with your name and address. Here's what goes on the card:
I urge you to support the Artists' Contribution to American Heritage Act (HR 1120) and the Art and Collectibles Capital Gains Tax Treatment Parity Act (HR 2786) and to eliminate the 18-month waiting period those bills propose. Both bills are currently trapped in the Ways And Means Committee and would benefit greatly from your support. Write to them both:
Representative Thomas M. Reynolds 332 Cannon House Office Building Washington, DC 20515 Representative Charles Rangel 2354 Rayburn House Washington, DC 20515
While you're at it, send one to Rep. Thomas, the committee chair:
Representative Bill Thomas 2208 Rayburn Washington, D.C. 20515
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timeasmymeasure
Tax deduction for Artists donations
Date: 2006-10-11 07:39 pm (UTC)xx
Kimberli
www.kimberlinewyork.blogspot.com
Lots of non-mainstream artists give away art. Lots of part-time, casual artists give away art. Lots of people who don't conceive of themselves as artists give away their creative energy. These people put their time and energy into art and rarely ever ask for a dime.
But now we have a way to get them a little bit of money for their efforts.
In mid-November, the Senate passed a bill that would allow new tax deductions for artists who donate their work. These deductions would be based on the market value of the donated art, rather than just the materials cost, which is the current paltry standard.
If this bill passes the House, artists get a little tax benefit which will hopefully cover some costs and put a little bit of money in their pocket. Nobody is going to make a living this way, but for some people we're talking real money.
In order to make this bill into law, we need to free it from the Ways & Means Committee in the House. Circle Arts has been working with artists and artist's groups to get the word out and make that happen.
You can help!
First, sign the petition. The peitition is done. Thanks to everybody who signed!
Next, call Reps. Charlie Rangel (202-225-4365) and Thomas Reynolds (202-225-5265).
Tell them to push for HR 2786 and HR 1120. Tell them to remove the 18-month waiting period. It's easy: call up and when somebody answers say
"I am calling to urge Rep. So-and-so to support HR 2786 and HR 1120. I would also like him to amend the bill to remove the 18-month waiting period."
They'll say thanks and you're done. If you're in their district, mention it.
Then, write a letter. Stick it on a postcard with your name and address. Here's what goes on the card:
I urge you to support the Artists' Contribution to American Heritage Act (HR 1120) and the Art and Collectibles Capital Gains Tax Treatment Parity Act (HR 2786) and to eliminate the 18-month waiting period those bills propose. Both bills are currently trapped in the Ways And Means Committee and would benefit greatly from your support.
Write to them both:
Representative Thomas M. Reynolds
332 Cannon House Office Building
Washington, DC 20515 Representative Charles Rangel
2354 Rayburn House
Washington, DC 20515
While you're at it, send one to Rep. Thomas, the committee chair:
Representative Bill Thomas
2208 Rayburn
Washington, D.C. 20515