What Is Crowdfunding? Here’s What You Need to Know
Fundera
NOVEMBER 1, 2019
It’s growing exponentially—so much so that the crowdfunding industry is predicted to grow to $300 billion by year 2030. In short, a 1099-K identifies that the entity running the campaign has either received over $20,000 in funding or has acquired over 200 transactions on their campaign. Charitable Donation.
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