January 25, 2023

NonProfit Times asked Tax Partner Aaron Fox about the new IRS rules requiring qualified appraisals of cryptocurrency donations to 501(c)(3) organizations.

NonProfit Times

NonProfit Times asked Tax Partner Aaron Fox about the new IRS rules requiring qualified appraisals of cryptocurrency donations to 501(c)(3) organizations. Digital Assets & Blockchain

Excerpt:

Even though cryptocurrency assets are traded on public exchanges and have easily referenced fair market values, the appraisal requirement remains in effect without exception, according to Fox.

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Aaron  Fox

Aaron Fox

Partner

  • Tax & Business
  • Washington, DC