Showing posts with label donations. Show all posts
Showing posts with label donations. Show all posts

Tuesday, July 29, 2014

Tommy Sotomayor Is On The Run

I just saw this guy delete another one of his Facebook accounts real time.

His twitter account is gone as well.

His Fatherless America Facebook page is still up but who knows how long it will be online.


He might be trying to delete evidence since there are rumors that people want their money back.

Go to the IRS webpage and report this coon for fraud!

http://www.ic3.gov/complaint/default.aspx


http://www.irs.gov/Individuals/How-Do-You-Report-Suspected-Tax-Fraud-Activity%3F

Go to this page on Indiegogo about how to report fraud

http://support.indiegogo.com/hc/en-us/articles/526996-How-Does-Indiegogo-Deal-With-Fraudulent-Campaigns-

And this is from the Indiegogo webpage:

If you see a campaign that you believe to be fraudulent, you can inform us immediately by flagging the campaign as prohibited content. Simply click on the "prohibited content" link located beneath every campaign's Perks, or send us a note at support@indiegogo.com.

Report this con man people!!!!






Sunday, May 11, 2014

How IndieGoGo Funds Affected My Tax Return

Here is a link to a very interesting article on how Indiegogo affects the taxes of those who receive donations.



Here is an excerpt from the article/blog post:

In the eyes of the Internal Revenue Service, that’s income. Taxable income. Oh, you didn’t know that? Yes, it’s true. If you receive money via crowd-funding – be it Kickstarter or IndieGoGo – you have to report that as income on your taxes.

The IRS wants their share of that income, and it could cost you if you don’t have any way to account for your production expenses.

In my case, I could have lost hundreds of dollars worth of my tax refund because of this crowd-sourced income.

Fortunately, it didn’t even put a dent in my refund. Why? I kept all my receipts, and I categorized each one to account for every penny of where that $2,288 worth of funds went.
Here’s what I did: I carefully documented every receipt, every category I spent money on to make the project happen.

Wardrobe purchases? Deduction.  Props and set decoration? Deduction! Craft services, catering, equipment, location fees, production insurance, crew member pay? Deducted, deducted, deducted.

The person who wrote this was able to avoid having their refund taken by keeping detailed records and all of their receipts. I wonder if YouTube's #1 con man and coon Tommy Sotomayor kept all of his receipts?