A study conducted by AI tax solution, April, found that understanding the system was more of an issue for taxpayers than time spent filing.
BTC or ETH is not subject to tax on sales if the individual sells them more than 12 months after being acquired.
'Lili Smart' tracks banking movements, categorising them instantaneously to ease small business accounting.
The annual slog of tax returns is an inevitability. Integrated tax assistance could be a opportunity to reach fintech super app status.
[Disclaimer: I am not an accountant nor am I qualified to provide tax advice. This post shares how Lending Club...
As the growing value of cryptocurrencies generated increased media attention, the IRS began watching the space more closely.