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Submission + - Kicktaxing: the crazy complexity of paying tax correctly on crowdfunding (medium.com)

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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