The Internal Revenue Service (IRS) and the U.S. Department of the Treasury (USDT) have proposed new tax reporting regulations for digital assets. With these rules on the verge of implementation, many investors are already preparing.
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The partnership between KoinX and ClearTax will allow users to enjoy the advantages of ClearTax’s specialized tax filing services, making their crypto tax filing journey more streamlined.
Cleartax has integrated with over 100 exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to enhance the user experience by providing a single view of all their investments.
The new tool will benefit not only cryptocurrency investors but also exchanges, crypto projects, and accounting and tax preparation services, by providing a value-added service that can increase user engagement and loyalty.
Divly’s service aims to make it easy for investors to comply with regulations, as well as to backtrack and account for their transactions if necessary.
The partnership will help investors navigate the complexities of crypto-industry taxation.
Binance has launched Binance Tax, a new tool to help users access tax information related to their crypto trading activities on the platform. With the rapid…
‘KoinX Tax Professionals’ is integrated with CoinDCX, BitBNS, CoinSwitch, WazirX, Binance, KuCoin, ZebPay, Coinbase, Unocoin, Crypto.com & Vauld and will reduce TAT by 99%.
TaxBit has secured new investments from PayPal Ventures, Coinbase Ventures, and existing investor, Winklevoss Capital.