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TaxBit
What to Know When Doing Your Crypto Taxes
Seth Wilks, Taxbit Head of Government Relations & SME, joins “First Mover” to share tips on navigating crypto tax rules following the recent infrastructure bill. Wilks explains how exchanges are now issuing 1099 forms to users, the Virtual Currency Tax Fairness Act, and more.
Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network
Utah-based tax software firm TaxBit has launched the TaxBit Network, a supported network of 20 top crypto companies including Coinbase, Gemini and SuperRare, that will allow clients of supported institutions to access 2021 crypto tax forms at no charge. “The Hash” hosts discuss the product and what it means for crypto taxation.
Tax Software Firm TaxBit Value Tops $1B Unicorn Status
TaxBit, a crypto tax software provider for IRS and various institutional clients, raised $130 million in a Series B funding round that valued the startup at $1.33 billion.
TaxBit Raises $130M Series B at $1.33B Valuation
It's the second major funding round for the tax software firm this year.
IRS Taps TaxBit to Audit Bulk Crypto Transactions
TaxBit will aggregate transaction data and ensure that the right figures were reported by the taxpayer.
TaxBit Raises $100M in Bid to Take Crypto Taxation Software Global
The Utah-based startup roared out of stealth mode with backing from Paradigm and Tiger Global.
PayPal, Coinbase Invest in Crypto Tax Automation Startup TaxBit
PayPal Ventures, Coinbase Ventures and Winklevoss Capital invested an undisclosed amount in the firm.
Hodlers Can Donate Crypto to Charity to Minimize Tax Payments
Donating crypto means it won’t be taxed, say The Giving Block and TAXbit, which published a guide to facilitate such donations.
Uphold Teams With TaxBit to More Accurately Report Users' Crypto Trades
Uphold is launching a real-time tax liability dashboard with the help of TaxBit, allowing users to more easily understand and file their taxes.
