Category Archives: Congress

Crowdfunding For Buggy Whips

Will the crowd support any idea? Like buggy whips, video stores have been relegated to the dustbin of history, and yet, one in Florida is crowdfunding so you can still have access to “Song of the South, Krampus, Life of … Continue reading

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Crowdfunding To Release US Student From Chinese Jail

Montanans (Montanians?) are crowdfunding today to raise $8,000 in order to free a University student from a Chinese jail. Guthrie McLean was arrested Sunday in Zhengzhou, a small town about 500 miles southwest of Beijing. “He’s accused of attacking and … Continue reading

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Celebrities Help In Crowdfunding

So, here’s a feel good crowdfunding story. A quadriplegic young lady who is a huge fan of rapper Kendrick Lamar, and has attended every one of his local concerts, started a GoFundMe campaign so she could afford to buy an … Continue reading

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Medical Crowdfunding Scams Proliferate

Some folks think that the medical crowdfunding scam (i.e., fraud) is a result of a psychological problem called “factitious disorder,” which at its extreme is illustrated by Munchausen by proxy (where a caregiver purposely causes another, usually a child, to … Continue reading

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Crowdfunding Comes With Tax Issues

Bad news, crowdfunders. Tax professionals are saying that the Internal Revenue Service (and probably your friendly State tax collector) believe that all moneys you receive from crowdfunding is taxable income. Guess what? That DVD reward, it’s considered a “sale” and … Continue reading

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Initial Coin Crowdfundings Raking in Cash

The Wall Street Journal reports that initial coin offerings have raised more than $1 billion in what could be called crowdfunding or private placement efforts. Although some of these offerings are trying hard not to be securities offerings, they quack … Continue reading

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Smithsonian Shares Crowdfunding Stats

The Smithsonian Museum in Washington, D.C. is a very happy crowdfunder and has shared its crowdfunding statistics with the public. The Museum, with the help of Kickstarter, crowdfunded two campaigns, one to save Neil Armstrong’s (first moon walker) space suit … Continue reading

Posted in accredited investor, balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, review | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment