Read the rest: Literary Papers Tax Bill Needs Your Support
When collectors donate manuscripts, letters, and diaries of an author to libraries or universities, they are entitled to deduct the fair market value of those literary papers from their income for tax purposes. When authors donate their manuscripts and other papers to libraries or universities, they're permitted to deduct only the cost of the physical materials used to produce those documents (the cost of paper, ink, toner).
The difference, of course, is immense, and immensely inequitable to authors who choose to donate their papers for scholarly research.
We now have a good chance to right this wrong, and we'd like your help.
Friday, May 4, 2007
Support Authors' Rights
The Authors Guild sent out an email to members yesterday, which begins: