Tag Archives: income

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

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, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Making A Living Crowdfunding

Can you earn a living through crowdfunding? It appears that at least Professor Jordan Peterson can. The controversial University of Toronto academic is apparently earning about C$50,000 per MONTH through crowdfunding his YouTube videos. Peterson made headlines last fall when … Continue reading

Posted in 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

Court Says Bitcoin Is Not Money

What’s a bitcoin? Apparently, it’s not money, according to a Florida court that acquitted a guy on a money laundering charge. Although you can turn it into cash, the IRS says that bitcoin is actually property while the Commodities Futures … Continue reading

Posted in Banking, Banks, checkbook, Congress, Department of the Treasury, deposits, Dodd Frank, fraud, Investments, Jobs, Legislative Intent, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

SEC Issues Report on Definition of “Accredited Investor”

The Securities and Exchange Commission issued its “Accredited Investor” review report. The agency  is contemplating: revising the financial thresholds for individual investors since the number of U.S. households qualifying as accredited investors has increased from approximately 2% of the population … Continue reading

Posted in accredited investor, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding Platforms, Film, fraud, Funding Portals, Legislative Intent, Small Business, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding Investors To Have Higher Expectations in 2015

Crowdfunders who are doing their projections should know that the average profit margin for private companies in 2014 was 6.6%, about 1% higher than in 2013. Proof that the recession is over and that investor expectations are rising. Publicly traded … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunders Can Use Tax Gifts

Lame duck Washington, D.C. mayor Vincent Gray gave a gift to technology investors on his way out of office by signing a new law decreasing the capital gains rate on technology investments from a maximum 8.95% to just 3.0%. To … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Tax, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment