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Showing 1 post in Sales and Use Tax.

Tax Consequences of Crowdfunding

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KickstarterWebsites like Kickstarter and Indiegogo provide entrepreneurs with a great platform to accept donations to jumpstart a business. Not only can these crowdfunding platforms provide cash, but they can also provide validation for a startup idea and business model. Many of our clients have used these platforms with great success. But crowdfunding isn’t free. In fact, there can be serious tax consequences to a successful campaign.

Topics: Fundraising, Sales and Use Tax

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