Tag Archives: taxes

The Crypto-Tax Man Cometh

If you own crypto-currency, you may be in for a nasty surprise come April 15th. Rumor has it that the crypto-currency exchange Coinbase has been ordered to turn over records of 13,000 accounts to the IRS containing ” “taxpayer ID, … Continue reading

Posted in accredited investor, balance, CFTC, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Jobs, Legislative Intent, SEC, technology, VC, Venture Capital | Tagged , , , , , , , , , , , , , | Leave a comment

Crowdfunders Trying To Shame Tax Returns From The President

Although two pages from the President’s 2005 tax returns were released to the public last night, Chicagoans are crowdfunding for a 16-foot-tall inflatable rooster with a signature hair do to float on April 15, tax day. The local demonstration is … Continue reading

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

Tax Cuts Force Teachers to Crowdfund

Arizonans can thank their Republican legislature for subjecting their schools to a larger percent-change cut in education funding from 2008 to 2014 than any other state. So, teachers there are turning to crowdfunding to replace supplies, books and other educational … Continue reading

Posted in balance, Charity, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Investments, Legislative Intent, Small Business, Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding With Bitcoins – Multiple Tax Bites?

Let’s say you bought a Bitcoin for $200 a few months ago and then used it to buy some shares on Angel List today at its current value $448.60 (according to  http://preev.com/). Here’s the problem. That transaction may have resulted … Continue reading

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

Crowdfunding People Not Businesses

The Wall Street Journal reports today on two crowdfunding sites that let accredited investors invest in promising people. Upstart and Pave permit students to raise money to pay for school debt in exchange for paying “investors” a percentage of their … Continue reading

Posted in Charity, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Legislative Intent, Small Business, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment