Donating stock and crypto at the end of the year can be a strategic move for those looking to support their favorite causes and enjoy significant tax advantages. Daffy, a Donor Advised Fund (DAF), makes this process simple and efficient. When you donate stock or crypto that has appreciated in value, you can claim the full value of the appreciation as a charitable deduction on your tax return. For instance, if you bought a stock for $1,000 and it's now worth $5,000, you can claim a charitable deduction of $4,000. This is the difference between the value of the stock when you bought it and its current value. Moreover, by donating the stock or crypto directly, you can avoid paying capital gains tax on the appreciation. If you were to sell the stock and donate the proceeds, you would have to pay capital gains tax on the $4,000 of appreciation. But by donating the stock directly, you can avoid this tax and instead claim the full value of the appreciation as a charitable deduction. Daffy makes this process easy. With Daffy, you can donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Many charities have set up processes to accept stock or crypto donations, so it's often as easy as transferring the assets from your brokerage account or crypto wallet to the charity's account through Daffy. As the holiday season approaches, consider the potential tax advantages of donating stock or crypto. By doing so, you can support the causes you care about and potentially save on your taxes at the same time. With Daffy, giving has never been easier. Please note that this information is for educational purposes only and should not be considered tax advice. To assess your specific tax situation, please consult with a tax professional.