Saving Money By Donating Crypto
Donations must be made by December 31st to use as a deduction in your 2020 taxes
Connie Gallippi, CEO of the first Bitcoin non-profit BitGive, and Matt Metras, a cryptocurrency tax pro, join the podcast to discuss the many benefits of donating cryptocurrencies. They walk us through the potentially massive tax deductions that can result from donating crypto, which organizations accept crypto donations, and how donating is a major way to advance crypto adoption.
Guest
Connie Gallippi
Twitter: @BitGiveOrg
Facebook: @BitGive
Guest
Matt Metras
Twitter: @EmDeeEm
Facebook: @BitcoinTaxesMe
Reddit: BitcoinTaxesMe
MDM Financial Services Website
Listen
Episode Highlights
03:35: The First De-Phi Conference For Good
12:23: The Basics of Crypto Taxation
14:36: How Organizations Accept Crypto Donations
22:10: Benefits of Donating Cryptocurrency
25:50: Taxable Write-Offs
37:15: BitGive’s Current Campaigns
Relevant Links:
The De-Phi (Decentralized Philanthropy) Crypto for Good Conference 2020 (Full Conference)