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The Almighty Buck Businesses

Kicktaxing: The Crazy Complexity of Paying Tax Correctly On Crowdfunding 128

Posted by Unknown Lamer
from the irs-ruins-everything dept.
eggboard writes "I thought I knew what I was doing when I budgeted for a Kickstarter campaign. I spent weeks sorting out details, set a number ($48,000) that included expenses, Kickstarter fees, and a margin of error. In the end, we raised over $56,000. But my tax planning nearly put a crimp in cash flow, and could have been real problem. It all worked out, but I've written a detailed guide for people for before and after a campaign to avoid my mistakes."
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Kicktaxing: The Crazy Complexity of Paying Tax Correctly On Crowdfunding

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  • by The Cat (19816) on Monday February 17, 2014 @09:07PM (#46272685)

    Memorandum to the guy who wrote the original story:

    Almost everyone on Slashdot in 2014 is a raging, gangrene-infected, pus-spewing asshole. I don't think there's ever been a more sour, mouth-running bunch of twaddle-shoveling fucks in the same place in human history.

    You posted a good article with some good information for reasonable people who are doing something productive. The people here are only interested in their bong, porn, Xbox and wandering through their mom's kitchen occasionally to grab a handful of potato salad and wipe their ass on the dishtowel.

    Keep writing. The people around here would shit on an orphan's birthday cake.

Get hold of portable property. -- Charles Dickens, "Great Expectations"

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