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Adam Young

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A Bitcoin covered in black crystals.
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IRS Cracks Down on Charitable Contributions of Cryptocurrency

By Adam Young & Brian Bernhardt on January 19, 2023

By Adam R. Young and Brian Bernhardt

On January 13, 2023, the IRS issued Chief Counsel Memorandum 202302012 (the “CCM”) establishing new rules for donations of cryptocurrency.  In the CCM…

Continue Reading IRS Cracks Down on Charitable Contributions of Cryptocurrency
Posted in Charitable Contributions, Cryptocurrency, Digital/Virtual Currencies, Federal Taxes, General Tax Controversy News & Updates, IRS Audits, Reasonable Cause

Tax Controversy & Financial Crimes Report

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