Most entrepreneurs aren’t thinking about taxes when they set up online crowdfunding campaigns to raise funds. But as the dollars for some of these campaigns get bigger, it’s an issue that entrepreneurs ignore at their peril.
Last week, for example, I wrote about how wireless earbud maker Phazon asked for $80,000 on Indiegogo and ended up with $1.5 million and counting. And it’s not alone: On Kickstarter, 152 campaigns have raised at least $1 million, and another 2,559 have brought in at least $100,000.
http://www.forbes.com/sites/amyfeldman/2016/01/28/the-tax-consequences-of-crowdfunding/#1b689f063d2b
