Donate Cryptocurrency to NCS
Donating cryptocurrency to Neighborhood Coalition for Shelter through every.org is more tax efficient than donating cash and can save you money.
It is a non-taxable event, meaning you do not owe capital gains tax on the appreciated amount and can deduct it on your taxes. That means you’re able to donate more to your neighbors, as well as deduct more on your tax return. The difference? Sometimes more than 30%.
This makes Bitcoin and other cryptocurrency donations one of the most tax-efficient ways to support your favorite cause.
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