Tag: donations

IRS requires a qualified appraisal to deduct charitable contribution of cryptocurrency

  • January 26, 2023
  • ShindelRock

Generally, IRC Sec. 170(f) requires a taxpayer to satisfy certain substantiation requirements to claim a charitable contribution deduction. Recently, the IRS disallowed a taxpayer's charitable contribution deduction for a donation of more than $5,000 in cryptocurrency because she failed to...

Five tips to make the most of your non-cash donations

According to a recent article in USA Today, taxpayers should take into account these five tips when making non-cash donations this holiday season. Assess the condition of your items. The IRS says clothing and other household items should be in...

Back to school means giving back at ShindelRock

  • September 5, 2017
  • Steve Wisinski, CPA, MAFF

The ShindelRock staff came together to make sure 33 4th graders at Munger Elementary – Middle School in Detroit were ready for their big day today!   Each student received a everything they might need to start the year off right,...