When you're raising money for your project or business, it's important to be aware of the potential tax implications of your activities. Crowdfunding can be a great way to raise money, but there are a few things you should keep in mind. Watch this video for a brief discussion on how different types of crowdfunding may have different tax ramifications.
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Tim Thompson CPA PLLC is located in Dallas, Texas and is an expert in all areas of Texas taxes. We can help with individual or business taxes, tax resolution, tax preparation, and tax planning services.