Crowdfunding

I plan to use my recent crowdfunding capital as a first step in building a company and am interested in pursuing equity funding in the future. What type of company should I create?

If you plan to use the…

How will my LLC be taxed?

How your LLC will be taxed is up to you.

By default, an LLC is taxed as a partnership if it has two or more members, or as an entity disregarded from its owner (like a sole proprietorship) if it has a single member.

I have decided to form an LLC for my project. What do I need to do?

The first step in establishing an LLC is to file the Articles of Organization with the state in which you plan to do business.

My project is a one-time project that I would like to monetize. What type of company is best suited to my needs?

Because you are looking to monetize your project, you should consider whether you would…

My project is a one-time project and I have no plans to monetize the project. What should my priorities be?

If you have no plans to monetize your project, once it’s over, there is likely less of a need to…

I have reached a crowdfunding project goal. What are the next steps I need to take?

Your next step once you have raised money through a crowdfunded platform will depend on the type of project you have…

Are Kickstarter, Indiegogo or other crowdfunding pledges considered charitable contributions?

Generally, not.

Non-profits are welcome to use Kickstarter for creative projects and may offer tax deductions if the creator decides…

What is an S-Corporation?

An S-Corporation is a corporation that is not required to pay federal income tax — unlike a C-Corporation — and instead passes on its tax liability for its profits onto its…