Crowdfunding Scenarios Explained : If, How, and When to Tax Money from Crowdfunding.

Format:

Book

Author/Creator:

Gillette, Delmar C.

Language:

English

Subjects (All):

Crowd funding.

Physical Description:

1 online resource (43 pages)

Edition:

1st ed.

Other Title:

Crowdfunding Scenarios Explained

Place of Publication:

Newburyport : Morgan James Publishing, 2018.

Summary:

Crowdfunding Scenarios Explained: If, How, and When to Tax Money from Crowdfunding tackles head on the current version of using a "crowd" to raise funds for a charitable project, a business concept, or an idea for a toy or tool or other device. Most taxpayers are not knowledgeable about if or when the proceeds (income) they receive are taxable. Crowdfunding Scenarios Explained is designed to explain how and why they could be taxable, along with presenting several true-to-life illustrations and related concepts.

Contents:

Intro

Title

Copyright

Table of Contents

Foreword

Introduction

A Historical View

Traditional Funding

A Crowdfunding Primer

To Crowdfund or Not: Pros and Cons

Types of Crowdfunding

Crowdfunding and Taxes

Crowdfunding Participants

The Trouble Between Form 1099-MISC and Form 1099-K

Crowdfunding and Taxes: Case Studies

Crowdfrauding

Avoiding Crowdfunding Scams

Endnotes.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781683508601

1683508602

OCLC:

1050966866