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Top related persons:
Kyle Casserino - 2 Casserino - 1 Andrew Gordon - 1 there's - 1 Juan Ros - 1 Ros - 1
Top related locs:
bitcoin — Thousand Oaks , California
Top related orgs:
Fidelity Charitable - 2 Fidelity - 1 Schwab - 1 Gordon Law Group - 1 Financial Management - 1 Metrics - 1 U.S - 1

Search resuls for: "Kyle Casserino"


2 mentions found


☆ Investors' crypto donations to charity skyrocket. Why it can be 'hugely beneficial,' expert says
  + stars: | 2024-12-04 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +2 min
"A lot of folks have begun to realize that crypto giving is hugely beneficial," said Kyle Casserino, vice president and charitable planning consultant for Fidelity Charitable, a public charity that accepts bitcoin , ethereum and litecoin . Bitcoin donations have surged amid the latest rally as investors learn about the tax benefits, according to Casserino. For 2024, Fidelity Charitable has accepted $688 million in crypto donations through Nov. 19. That's up from $49 million in all of 2023 and $38 million in 2022, according to the organization's 2024 giving report. DAFgiving360, formerly Schwab Charitable, doesn't release numbers for crypto donations.
Persons: Kyle Casserino, Casserino, Andrew Gordon Organizations: Fidelity Charitable, Fidelity, Schwab, Gordon Law Group Locations: bitcoin
☆ You could score a tax break by gifting crypto to charity — but there may be some pitfalls
  + stars: | 2024-12-04 | by ( Kate Dore | Cfp | ) www.cnbc.com   time to read: +2 min
Hispanolistic | E+ | Getty ImagesIf you're planning a gift to charity this holiday season, you could score a tax break by donating cryptocurrency. In 2024, there's been a significant jump in crypto gifts to charity, according to Fidelity Charitable, which has accepted $688 million in crypto donations — mostly in bitcoin — through Nov. 19. Donating crypto to charity is similar to giving other types of property. But if you itemize and can claim the charitable deduction, it's generally better to donate profitable investments, such as cryptocurrency, rather than cash. However, donating crypto can be more complicated than assets like stock, experts say.
Persons: there's, Juan Ros, Kyle Casserino, Ros Organizations: Fidelity Charitable, Financial Management, Metrics, U.S Locations: —, Thousand Oaks , California, bitcoin
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