macdonalds should try that...
McDs: for a donation of just $1, you will receive this nice cheeseburger. for every donation of $3.50 you’ll receive this large fry and coke along with the cheeseburger
McDs ends up paying no taxes
:)
Donations made to a GoFundMe Personal campaign are generally considered to be personal gifts and are not guaranteed to be tax-deductible. You can always check with a tax professional to be sure. Only donations made to a GoFundMe Certified Charity campaign are guaranteed to be tax-deductible.
You can bet the IRS will find a away to get their share. However, I would fight it and claim I had 6000 people give me money and none of the gifts were more than $14K so it should be tax free IMHO
You see a lot of churches saying “a donation $XX.XX would be appreciated” for a particular item or event as to avoid it being looked at as income.