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5 Things You Should Know About Crowdfunding and Taxes

5 Things You Should Know About Crowdfunding and Taxes - TaxAct Blog

Crowdfunding platforms, such as Kickstarter, open a whole new world in business financing, but can end up being a confusing world for tax purposes. The proceeds aren’t like sales in the traditional sense, and the people who contribute are not stockholders. So, how should you handle income from a crowdfunding project? It’s important to report […]