The Cryptocurrency Contingency: Planning for Digital Gifts

Event Date: 

Tuesday, March 3, 2020 - 11:30am to 1:30pm

Event Location: 

The Rivers Club

Cryptocurrencies may be an emerging asset class, but they aren’t a small one: with a market value of $300 billion, it’s worth considering whether and how your organization will start accepting digital gifts. In this presentation, you will learn the basics of how cryptocurrency works; possible pitfalls among the different storage, transfer, and liquidation methods; and what the IRS has to say about transacting in virtual currency, including recent guidance for charitable organizations.

Presented by: Erica Wilson from ReedSmith