New Crowdfunding Book Explores Tax Ramifications

NEWPORT NEWS, Va., and NEW YORK, Jan. 9, 2019 /PRNewswire/ -- Morgan James's new release, Crowdfunding Scenarios Explained: If, How, and When to Tax Money from Crowdfunding by Delmar C. Gillette, tackles the current version of using a "crowd" to raise funds for a charitable project, a business concept, or an idea for a tool or device.

Most taxpayers are not knowledgeable about if or when the proceeds (income) they receive are taxable. Crowdfunding Scenarios Explained explains how and why the proceeds could be taxable, along with presenting several true-to-life illustrations and related concepts. It also explains what crowdfunding is and how to determine whether proceeds received from a crowdfunding project are taxable.

Crowdfunding Scenarios Explained is unique in that it explores the tax ramifications of crowdfunding specifically and there are few titles that do the same. Delmar C. Gillette helps readers understand the importance of tax practitioners and how their related to crowdfunding. He helps readers understand how taxpayers can use crowdfunding projects to their advantage.

Crowdfunding can help raise funds for many different opportunities. Therefore, it is important to know how to pinpoint potential crowdfunding participants. These participants will be the people to contribute to charities, business opportunities, and new devices. Gillette helps readers learn how to find these participants within a crowd. Crowdfunding Scenarios Explained is a necessary tool for readers to help tackle the current version of using a "crowd" to their advantage.

If you would like more information about this topic, or to schedule an interview with Delmar C. Gillette, please call Nickcole Watkins at 516.900.5674.

About the Author:

Delmar C. Gillette received his bachelor's degree from Berea College and MAT from Duke University. After which, he started his career teaching biology and chemistry. Delmar worked during the tax season for H&R Block and taught their basic tax course to prospective employees. In 1977, he left public school teaching to enter the financial services industry. He currently helps people with the concepts of life insurance, financial planning, goal setting and achieving, and investment planning.

Delmar is also a tax professional and has taught for tax practitioners at state and national conferences. He has written and published tax-related articles in national tax publications, such as the National Association of Tax Professionals and the National Society of Accounts. Delmar and his wife, Jean, reside in Newport News, VA.

More About This Title:

Crowdfunding Scenarios Explained: If, How, and When to Tax Money from Crowdfunding by Delmar C. Gillette, will be released by Morgan James Publishing on August 28, 2018. Crowdfunding Scenarios Explained —ISBN 978-1683508595—has 70 pages and is being sold as a trade paperback for $9.95.

About Morgan James Publishing:

Morgan James publishes trade quality titles designed to educate, encourage, inspire, or entertain readers with current, consistent, relevant topics that are available everywhere books are sold.
( www.MorganJamesPublishing.com )

MEDIA CONTACT: 
Nickcole Watkins
Morgan James Publishing
516.900.5674
[email protected]

SOURCE Morgan James Publishing

Related Links

https://www.morgan-james-publishing.com

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