all 11 comments

[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (4 children)

the thing that i dont like about the gofundme types of fundraising is that these companies can shitcan your account for whatever reason.

why dont people just use cashapp to raise capital?

[–]Ehhhhhh 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (3 children)

Because cashapp reports anything over 600 to IRS.

[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (2 children)

but dont you have to pay taxes on funds received via gofundme anyways?

also, if one were setup as a nonprofit, couldnt you just receive cashapp?

[–]Ehhhhhh 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

No. It is a "personal gift". https://support.gofundme.com/hc/en-us/articles/204295498-Taxes-for-Organizers

Maybe, you could still do same with cashapp/venmo but sounds like there would be more tracking there now. Maybe, it would be same either way, but not sure how much gofundme tracks.

I think that you SHOULD be able to use the cashapp/venmo and that it's pretty crappy that they are monitoring people more closely now.

[–]jet199Instigatrix 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

To be fair because of the sheer amount of teens defrauded out of their money by fake causes they do need to monitor people more closely.

[–]TheFlailingOfLegs 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (0 children)

Looks like they have moved to GiveSendGo, https://www.givesendgo.com/FreedomConvoy2022.

[–]Brewdabier 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (2 children)

This is fake BS.

[–]BravoVictor 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (0 children)

Found the sarcasm-blind Redditor...

[–]Trajan 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

This guy's right. You can tell by the pixels!

[–]TiwakingMy Pronouns are Nigger and Boss Nigger 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

[–]filbs111 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

The thing that gives this away is that they forgot to capitalise the b.