Question for people who use crowdfunding: do crowdfunding services typically submit income tax documentation to governments? I'm in the U.S., so I'm personally most interested in the IRS, and I actually don't know to what degree this or isn't a thing in other countries.
Relatedly, if I were to take crowdfunding for a project, I'm wondering if I would need to set myself up as a "sole proprietor" or something. How does this work?
