How to keep crowdfunding proceeds on the right side of tax rules

By Sabrina Parys

Crowdfunding organizations, such as GoFundMe, have made it easier than ever to raise and collect funds for personal causes.

If you found yourself at the helm of a campaign last year, or if you set up a fundraiser for another person, chances are that meeting your donation goal was top of mind. But there are also some important tax considerations to be aware of as you prepare to file.

The nature of your campaign and how you go about collecting funds play a big role in whether the IRS will deem the money you raised to be taxable. So, if you want to avoid a headache at

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