TaxBit

IRS Claiming $24B in Unpaid Taxes From FTX Is 'Unusual,' Tax Expert Says
IRS Claiming $24B in Unpaid Taxes From FTX Is 'Unusual,' Tax Expert Says
FTX is pushing back against a U.S. government's claim for $24 billion in unpaid taxes from the bankrupt crypto exchange. TaxBit head of government solutions Miles Fuller weigh...
IRS Claiming $24B in Unpaid Taxes From FTX Is 'Unusual,' Tax Expert Says

FTX Pushes Back on 'Alice in Wonderland' Tax Claim From the IRS
FTX Pushes Back on 'Alice in Wonderland' Tax Claim From the IRS
The U.S. government's claim for $24 billion in unpaid taxes from FTX has only one source – taking cash away from its victims, according to the bankrupt crypto exchange. A rece...
FTX Pushes Back on 'Alice in Wonderland' Tax Claim From the IRS

How Does a Tax Deduction Work if an Exchange Enters Bankruptcy?
How Does a Tax Deduction Work if an Exchange Enters Bankruptcy?
As part of CoinDesk's Tax Week 2023, Miles Fuller, Head of Government Solutions at TaxBit, joins "First Mover" to explain how FTX founder Sam Bankman-Fried's guilty verdict co...
How Does a Tax Deduction Work if an Exchange Enters Bankruptcy?

Tax Implications Following Sam Bankman-Fried's Conviction
Tax Implications Following Sam Bankman-Fried's Conviction
As part of CoinDesk's Tax Week 2023, TaxBit Head of Government Solutions Miles Fuller discusses how the end of FTX founder Sam Bankman-Fried's trial could provide some clarity...
Tax Implications Following Sam Bankman-Fried's Conviction

U.S. Crypto Tax Proposal Will Provide Greater 'Clarity' in Sector: Tax Expert
U.S. Crypto Tax Proposal Will Provide Greater 'Clarity' in Sector: Tax Expert
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax repor...
U.S. Crypto Tax Proposal Will Provide Greater 'Clarity' in Sector: Tax Expert

How to Navigate the Treasury Department’s Crypto Tax Proposal
How to Navigate the Treasury Department’s Crypto Tax Proposal
The IRS is finally proposing rules for crypto tax reporting, giving the industry its own 1099 form and declaring digital asset miners safe from the future requirements. Taxbit...
How to Navigate the Treasury Department’s Crypto Tax Proposal

TaxBit Exec on FTX Collapse, Crypto Taxes
TaxBit Exec on FTX Collapse, Crypto Taxes
The Financial Times reports FTX held less than $1 billion in liquid assets against $9 billion in liabilities before its bankruptcy filing. TaxBit Government Relations Senior D...
TaxBit Exec on FTX Collapse, Crypto Taxes

Navigating Tax & Accounting in the Digital Asset World
Navigating Tax & Accounting in the Digital Asset World
Erin Fennimore, TaxBit Head of Tax & Information Reporting Solutions, and Aaron Jacob, TaxBit Head of Accounting Solutions, join Binance Global Head of Tax Raj Mukherjee at Co...
Navigating Tax & Accounting in the Digital Asset World

What to Know When Doing Your Crypto Taxes
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 explain...
What to Know When Doing Your Crypto Taxes

Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network
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 c...
Users of Coinbase, PayPal, FTX.US and More Will Be Able to File Crypto Taxes for Free Through TaxBit Network