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Tag: equity crowd funding
The Use Of Crowdfunding Sites By Self-employed People To Support Their Businesses May Have Tax Ramifications
As a much-needed funding alternative to conventional financing methods like bank loans and venture capital investment, crowdfunding has changed the game for entrepreneurs. People who are self-employed in particular have been swarming to crowdfunding sites since they may fundraise for their enterprises there without giving up ownership or control. Crowdfunding has many advantages, but there are also some significant tax repercussions that self-employed people should be aware of.
