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originally posted by: FlyersFan
The generosity of many Americans knows no bounds!
I hope she opens her shop in a different neighborhood. Obviously her own neighbors turned street thug and didn't give a rats backend about her.
What about taxes and stuff?
Unfortunately, we're unable to provide specific tax advice since everyone's situation is different. While this is no means a guarantee, most donations on GoFundMe are simply considered to be 'personal gifts' which are not taxed as income in the US. Additionally, only donations made to a legally registered non-profit or charity may be considered eligible for donors to claim as a tax deduction. Again, every situation is different so please consult with a tax professional in your area.