trey on Nostr: Huge and one of my main reason for pursuing the nonprofit designation! For those in ...
Huge and one of my main reason for pursuing the nonprofit designation!
For those in the U.S., your gift goes further, we avoid burdensome taxes, and you can deduct your contribution (Yes bitcoin too) in your taxes
*check local regulations for those outside us, you may have tax benefits donating to our cause as well.
For those in the U.S., your gift goes further, we avoid burdensome taxes, and you can deduct your contribution (Yes bitcoin too) in your taxes
*check local regulations for those outside us, you may have tax benefits donating to our cause as well.
quoting note16qq…sx34HUGE BREAKING UPDATE 🚨
We are proud to announce that we are now officially an approved 501c3 organization in the U.S.! What this means:
1) Donors can deduct contributions they make under IRC Section 170
2) we are exempt from federal taxes
Good for donors, good for us 🤝
Now with our 501c3 approved, we encourage supporters to donate Bitcoin, a tax-deductible way to fund our mission. By donating Bitcoin directly, you can maximize your impact while avoiding capital gains taxes*
Donate today progressivebitcoiner.org/donate/
*consult a tax professional