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Crypto Products Launch for Custody, Tokenization, Staking; Crypto Adoption Report Published; DFS Proposes New VC Guidance; NFT Initiatives Announced

Partner Alexander Reid was quoted several times in a Jan. 25, 2023, TaxNotes article titled “‘Common Sense’ Flexibility Seen as Way to Ease Donation Disputes.”  The article addressed stringent standards for proof of taxpayers’ donations to nonprofit organizations and the idea of relaxing them. Reid told the publication he supports “efforts by the taxpayer advocate to eliminate foot faults and traps for the unwary that make it harder to give to charity, especially now that there are so few individuals who are able to claim an itemized charitable contribution deduction.”  <a href="https://www.taxnotes.com/user?destination=%2Ftax-notes-today-federal%2Fcharitable-giving%2Fcommon-sense-flexibility-seen-way-ease-donation-disputes%2F2023%2F01%2F25%2F7fwnr" target="_blank" rel="noopener">Read the article (subscription required).</a>

Alexander Reid Quoted in TaxNotes Article About Donation Disputes

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