Questions tagged [501(c)(3) organization]

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charlotte_clark_doctor charlotte_clark_doctor Thu Aug 29 2024 | 5 answers 1579

How can a 501(c)(3) organization accept cryptocurrency donations?

How does a 501(c)(3) organization go about accepting cryptocurrency donations? Are there any specific steps or procedures that need to be followed to ensure compliance with tax regulations and ensure that the donations are properly recorded and acknowledged? Additionally, what are some of the potential benefits and drawbacks of accepting cryptocurrency donations for such organizations?

How can a 501(c)(3) organization accept cryptocurrency donations?

|Topics at Cryptocurrency Q&A

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