Showing 1 post in Crowdfunding.
September 11, 2014
Kickstarter and Crowdfunding can provide much needed business funds – and a big tax bill
Kickstarter is a crowdfunding platform for creative projects. Project creators set a funding goal and deadline for their project, and if people like the project, they can pledge money to help make it happen. From movies to books, electronic gadgets to fashion, a wide range of projects raise funds (and in many cases don't raise funds) on Kickstarter. One guy even raised over $50,000 to make potato salad.
While Kickstarter has been a great fundraising platform for a wide range of people who may have had no alternative source of financing, an issue that many people overlook is the tax implications from a successful Kickstarter campaign. Read More ›
Categories: Crowdfunding, News & Events, Tax
Posted by: John W. Mashni, Nicholas M. Oertel
| Contact Author
Share
Categories
- Use Tax
- Compliance
- Employment Tax & Withholding
- Audits
- Tax Disputes
- Sales Tax
- U.S. Supreme Court
- Tax-Exempt Organizations
- Did you Know?
- Corporate Income Tax
- Tax
- Collections
- Personal Property Tax
- Nonprofit
- Crowdfunding
- Alternative Minimum Tax
- News & Events
- Labor Relations
- Employee Benefits
- Income Tax
- Estate Planning
- Property Tax