Crowdfunding campaigns have soared in popularity with the advent of websites such as Kickstarter, GoFundMe, Indiegogo and more. Through these sites and social media people are able to raise money to fund a new business venture, pay off medical bills, create a new product, raise money for charity, and just about anything else you can think of. These crowdfunding sites have allowed individuals and businesses raise billions of dollars each year – so do you have to pay taxes on that?