Author:International Business Times

Crowdfunding: Income or Gift? IRS Taxes and SEC Regulations Could Hurt Startups And Innovation On Kickstarter And Indiegogo

Say you’re raising money on Kickstarter for an independent film project: Are the proceeds a sort of communal gift-giving or simply a clever source of standard taxable income? The distinction matters, but nobody seems to know for sure. The U.S. Internal Revenue Service may have an opinion on the matter,...

Continue Reading