$5M Successfully Raised by Crypto-Oriented Tax Compliance Firm

A cryptocurrency-oriented tax compliance firm, TaxBit has successfully managed $5M in a funding round which was planned to be utilized in enhancing the cryptocurrency tax reporting. The executive has explained, “TaxBit provides a full transaction by a transaction audit trail that any CPA or IRS investigator in the event of an audit can easily verify the accuracy of a users’ tax calculations.”

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