Crowdfunding Scenarios Explained
eBook - ePub

Crowdfunding Scenarios Explained

If, How, and When to Tax Money from Crowdfunding

Delmar C. Gillette

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  2. English
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eBook - ePub

Crowdfunding Scenarios Explained

If, How, and When to Tax Money from Crowdfunding

Delmar C. Gillette

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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.

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Informations

Éditeur
Morgan James Publishing
Année
2018
ISBN
9781683508601
Sujet
Business
Sous-sujet
Tassazione

ENDNOTES

  1. 1Armstrong, Casey. “What Is Crowdfunding? - Daily Crowdsource.” Daily Crowdsource. Web. 16 Jan. 2016. <http://dailycrowdsource.com/training/crowdfunding/what-is-crowdfunding>.
  2. 2“The History of Crowdfunding.” The History of Crowdfunding. Startups.co. Web. 16 Jan. 2016. <https://www.fundable.com/crowdfunding101/history-of-crowdfunding>.
  3. 3Neiss, S., Best, J. W., & Cassady-Dorion, Z. (n.d.). Crowdsourcing versus Crowdfunding: What Is the Difference 
 Retrieved October 20, 2016, from http://www.dummies.com/personal-finance/investing/crowdfund-investing/crowdsourcing-versus-crowdfunding-what-is-the-difference/
  4. 4Kazmark, Justin. “Kickstarter Before Kickstarter.” Kickstarter. Kickstarter Blog, 18 July 2013. Web. 16 Jan. 2016. <https://www.kickstarter.com/blog/kickstarter-before-kickstarter>.
  5. 5Ibid.
  6. 6ibid.
  7. 7Ibid.
  8. 8Freedman, David M, and Matthew R Nutting. “A Brief History of Crowdfunding: Including Rewards, Donation, Debt, and Equity Platforms in the USA.” History-of-Crowdfunding.pdf. Financial Poise, 5 Nov. 2015. Web. 16 Jan. 2016. <http://www.freedman-chicago.com/ec4i/History-of-Crowdfunding.pdf>.
  9. 9Avampato, Christa. “Angel, VC, Crowdfunding, or Bootstrap?” Triple Pundit People Planet Profit, Triple Pundit, 17 Sept. 2015, http://www.triplepundit.com/2012/09/angel-vc-crowdfunding-bootstrap-funding-model/.
  10. 10Armstrong, Casey. “What Is Crowdfunding? - Daily Crowdsource.” Daily Crowdsource. Web. 16 Jan. 2016. <http://dailycrowdsource.com/training/crowdfunding/what-is-crowdfunding>.
  11. 11Adams, Susan. “Ten of the Best Businesses to Come Out Of Shark Tank.” Forbes, Forbes Magazine, 18 May 2016, http://www.forbes.com/sites/susanadams/2016/03/18/ten-of-the-best-businesses-to-come-out-of-shark-tank/print/.
  12. 12“Choose Your Funding Type: Can I Keep My Money?” Indiegogo Help Center, https://support.indiegogo.com/hc/en-us/articles/205138007-choose-your-funding-type-can-i-keep-my-money-.
  13. 13Hurst, Samantha. “Researchers Study Indiegogo’s Flexible or Fixed Crowdfunding - Crowdfund Insider.” Crowdfund Insider ICal, 24 June 2014, https://www.crowdfundinsider.com/2014/06/42609-researchers-study-indiegogos-flexible-or-fixed-crowdfunding/.
  14. 14Briggman, Salvador. “What Are the Pros and Cons of Crowdfunding?” Crowdfunding Success Tips What Are the Pros and Cons of Crowdfunding Comments, Crowd Crux, http://www.crowdcrux.com/pros-and-cons-of-crowdfunding/. Blog
  15. 15Knipp, Kirsten. “Benefits and Drawbacks of Crowdfunding - The BigCommerce Blog.” The BigCommerce Blog, https://www.bigcommerce.com/blog/benefits-and-drawbacks-of-crowdfunding/. Blog
  16. 16“The Pros and Cons of Crowdfunding Your New Business.” Learn Finance Online, http://www.globalfinanceschool.com/blog-post/pros-and-cons-crowdfunding-your-new-business.
  17. 17ibid.
  18. 18ibid.
  19. 19“Royalty Crowdfunding Definition.” EquityNet, https://www.equitynet.com/crowdfunding-terminology/royalty-crowdfunding.
  20. 20Salman, SH. “The Global Crowdfunding Industry Raised $34.4 Billion In 2015, And Could Surpass VC In 2016 - Dazeinfo.” Dazeinfo, 12 Jan. 2016, http://dazeinfo.com/2016/01/12/crowdfunding-industry-34-4-billion-surpass-vc-2016/.
  21. 21“Crowd Funding Presents a New Area of Tax Planning Expertise.” Crowd Funding Presents a New Area of Tax Planning Expertise. InvestmentNews, 30 Jan. 2013. Web. 16 Jan. 2016. <http://www.investmentnews.com/article/20130130/FREE/130139993/crowdfunding-presents-a-new-area-of-tax-planning-expertise>.
  22. 22Long, Thomas M. “Federal Tax Issues Associated with ‘Crowdfunding’.” AccountingWEB, 16 Dec. 2015, http://www.accountingweb.com/tax/individuals/federal-tax-issues-associated-with-crowdfunding.
  23. 23Salman. supra.
  24. 24Mercado, Darla. “Crowd Funding Presents a New Area of Tax Planning Expertise.” Crowd Funding Presents a New Area of Tax Planning Expertise. InvestmentNews, 30 Jan. 2013. Web. 16 Jan. 2016. <http://www.investmentnews.com/article/20130130/FREE/130139993/crowd-funding-presents-a-new-area-of-tax-planning-expertise>.
  25. 25Duchman, Zalmi. “The On-Demand Economy Is Here To Stay, And Now Is The Time To Put It To Use For Your Business.” Forbes, Forbes Magazine, 14 July 2015, http://www.forbes.com/sites/zalmiduchman/2015/07/14/the-on-demand-economy-is-here-to-stay-and-now-is-the-time-to-put-it-to-use-for-your-business/#1a5a305443f8.
  26. 26“Small Business/Self-Employed Topics.” Sharing Economy Tax Center, US Government Publishing, 19 Sept. 2016, https://www.irs.gov/businesses/small-businesses-self-employed/sharing-economy-tax-center.
  27. 27www.sharedeconomycpa.com
  28. 28“Cr...

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