Maybe RunRev can help out here by following this example to provide receipts for KickStarter donations once the project is funded?
http://www.kickstarter.com/projects/1872362369/first-season-of-the-los-angeles-new-court-theatre/posts/190933 That would make... Donation + Reward = Consideration + Product = Purchase of software / event, etc All allowable business expenses (at least in the UK). Best, Keith.. On 26 Feb 2013, at 05:33, Peter Haworth <p...@lcsql.com> wrote: > Hi COlin, > You're not buying anything, you're donating money for which you get > something free in return. I think that's how the IRS would treat it if > they decided to audit you. > > Once again though, I'm not an accountant so should probably check with > someone of that profession. > > Pete > lcSQL Software <http://www.lcsql.com> > > > On Tue, Feb 26, 2013 at 3:03 PM, Colin Holgate <co...@verizon.net> wrote: > >> Would it need to be a charity? For example, when I do my taxes this time >> I'm going to be claiming the money I spent on the RunRev conference and on >> my complete license. Wouldn't the Kickstarter payment be a mixture of >> investment and product purchasing? >> _______________________________________________ use-livecode mailing list use-livecode@lists.runrev.com Please visit this url to subscribe, unsubscribe and manage your subscription preferences: http://lists.runrev.com/mailman/listinfo/use-livecode
