Charitable Solicitation
Should Your Charity Accept Donations of Cryptocurrency?
Today, cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin are part of a more than $3 trillion, largely unregulated market. In 2014, the Internal Revenue Service announced that, for federal income tax purposes, it would treat…
New California Legislation Regulates Charitable Fundraising Platforms
Charitable fundraising platforms such as Donorbox, Indiegogo, Fundly, and GoFundMe Charity provide a potential source of funds for exempt organizations. However, these platforms generally are not subject to the same level of regulatory oversight as…
Multi-state Charity Solicitation Registration Portal Debuts
More than 40 states require charities that solicit contributions in the state to register with state regulators, and each state has had its own forms and requirements for that process. In the latest effort to…