What do you do with your Bitcoins or other cryptocurrencies? Many holders want to make the most out of their investments and shore up money for future gains. Depending on your situation, selling your Bitcoin might not be the most beneficial route.
In fact, it may be better for you financially to donate Bitcoin. Why? Our FAQ Page goes more into depth, but in essence, you can receive generous charitable tax income deductions worth more than what you originally paid!
Hi, I'm Randy Tarpey, a CPA specializing in Bitcoin donations, cryptocurrency donations, and cryptocurrency appraisals. I'm here to give you information about:
→ Cryptocurrency Donations
→ Cryptocurrency Tax Appraisals → Cryptocurrency Charity IRS Compliance → Charitable Income Tax Deductions When selling Bitcoin, you must pay taxes on that as income. But when donating, you get a significant tax break!