5/28/2023 0 Comments Indiegogo smalland![]() ![]() Stay on Top of Your Crowdfunding Taxes with These Top TipsĬrowdfunding allows any entrepreneur or small business to fund their venture through donations from backers that believe in their project. This article will help you get a 360-degree perspective on your campaign by looking at the implications of crowdfunding taxes, from what types of taxes you might be subject to, how it works on different platforms, and what paperwork you might need to deal with. ![]() Our platform integrates with major sites like Indiegogo and Kickstarter, allows you to estimate shipping rates and taxes with our online calculators, and streamlines your shipping process with a selection of useful automation. While Easyship can’t organize your campaign taxes for you, we can help you find the right fulfillment solutions for your campaign. But while you’re planning your campaign, you should take some time to consider your crowdfunding taxes. But traditional funding routes aren’t always available to all entrepreneurs that’s where crowdfunding comes in. When you’re starting a business, you’ll always need an injection of capital to get your venture off the ground. ![]() In most cases, your campaign funds will be liable as income tax, and you’ll have to declare this and do the relevant paperwork.You will likely be obliged to pay sales tax and income tax for your crowdfunding campaign this is especially true if your campaign is based in the US.Crowdfunding allows any entrepreneur or small business to fund their venture through donations from backers that believe in their project. ![]()
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