A guest post by Jason Schwartz, Tax Partner, CahillNXTTLDR. If you have long-term appreciated crypto, donating the tokens directly to charity can avoid capital gains tax and give you a fair market value deduction. U.S. taxpayers recognize taxable capital gain when they sell appreciated crypto. By contrast, U.S. taxpayers who give crypto directly to an organization that qualifies as a public charity under section 501(c)(3) of the tax code do not recognize capital gain on the donation. Moreov...
