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Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors

Crypto Tax Accounting Software Provider TaxBit Raises $130M From Investors

TaxBit has raised a $130 Million from investors to boost its tax reporting tools

Cash App Integrates TaxBit for Streamlined Crypto Tax Reporting

Cash App Integrates TaxBit for Streamlined Crypto Tax Reporting

Cash App has integrated TaxBit into its services, allowing Bitcoin holders to easily report their taxes. Cash App users can track their Bitcoin transactions for tax reporting purposes through TaxBit’s platform. TaxBit simplifies tax reporting for everyone who has integrated digital assets into their portfolio. The IRS set Jan. 23 as the start of the 2022 tax filing season and reminded taxpayers of their crypto income reporting obligations, including capital gains from trading, mining, and staking activities.

Crypto Tax Accounting Firm TaxBit Receives Strategic Investment from Haun Ventures

Crypto Tax Accounting Firm TaxBit Receives Strategic Investment from Haun Ventures

TaxBit plans to use the new investments to boost its tax and accounting infrastructure.

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

IRS Cracking Down on Cryptocurrency Tax Evasion, Seeks Private Crypto Tax Contractors

The Internal Revenue Service (IRS) has requested help from independent consultants to crack down on non-compliance in cryptocurrency tax.

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