March 29, 2012 at 11:20 AM EDT
Where Crowdfunding Goes, Taxes May Follow
Crowdfunding websites are likely to pop up quickly to connect start ups and investors as soon as the SEC issues regulations to implement the JOBS Act, now awaiting President Obama's signature. All this could tempt young entrepreneurs to envision a frictionless, friendly world of virtual finance where money would flow in as easily as "Likes" on Facebook. Think again, caution small business advisors.
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