Column Tax provides a tax platform that integrates seamlessly into various applications, particularly those related to personal finance, such as banking services and budgeting tools. Their product allows these applications to offer tax filing capabilities, enhancing the value they provide to users. The platform operates on an API-first model, enabling quick integration so that clients can start processing tax returns within a week. Column Tax is unique in being the first company authorized by the IRS to offer an API-based tax filing service, ensuring maximum refunds and accuracy for users. Additionally, they manage customer support, allowing their clients to focus on their core services. The goal of Column Tax is to simplify the tax filing process for both their clients and their clients' customers, ultimately improving financial outcomes.

South Park Commons

Michael Bloch

Eric Wu

Operator Partners

Bain Capital Ventures

Core Innovation Capital

Adam Nash

Felicis

Not Boring Capital

Fintech

Financial Services

Column Tax

Tax software company Column Tax, which provides an API that enables mobile banking and fintech companies to offer tax products to their users, announced today that it has raised a $21.7 million series A. The round was led by Bain Capital Ventures with participation from Felicis and Not Boring.

Tax Software Company Column Tax Raises A $21.7 Million Series A

Chime has expanded the availability of free access to its in-app tax filing pilot program. Following a successful pilot launch, the new tax feature is now available to millions more eligible Chime members, the banking app said in a Thursday (March 14) press release. “Offering a free and convenient way for our members to file their taxes is just one of the many ways to have our members’ backs,” Madhu Muthukumar, chief product officer at Chime, said in the release. “So far, the reception has been really positive. We’re proud to help our members get their taxes done faster and get their refunds back sooner.”

Chime Expands Availability Of In-App Tax Filing Pilot Program

Account holders who use the app can file simple tax returns in as little as 15 minutes and will have access to their return up to five days early, Varo said in a press release announcing the service through a partnership with Column Tax.

You Can File Your Taxes for Free With a Varo Bank Account

The investment, which marks Column Tax’s first funding round, was led by Bain Capital Ventures with participation from South Park Commons, Core Innovation Capital, and Operator Partners.

Operator Partners invests into Column Tax in $5.1M

While death and taxes are the only guarantees in life, paying to file taxes is up there as a near certainty.According to page 107 of the 2024 Form 1040 instructions, the average cost of filing a basic federal 1040 tax return was $160 for a non-business taxpayer in 2023.In addition, the Tax Foundation estimated that total tax compliance costs — including fees, lost productivity and out-of-pocket expenses — cost American taxpayers over $546 billion each year, or 1.9% of the U.S. GDP.In a Wednesday (Jan. 8) press release from digital banking platform Chime, the company announced all new and existing members can file their federal and state taxes directly within the Chime app at no cost, bypassing the costs associated with using third-party software or traditional tax preparation services.“When Chime members e-file their taxes through Chime in partnership with [tax filing FinTechs] april and Column Tax, filing is completely free,” the release said.According to the release, “a successful pilot program” that began in 2023 led to the launch of free in-app tax filing for all Chime members.Chime’s chief product officer, Madhu Muthukumar, commented in the release: “Getting your money back from the government shouldn’t cost you money. By providing completely free in-app tax filing, we’re empowering Americans to unlock their financial progress confidently, making tax season easier and more rewarding.”Some additional highlights of the program being touted by Chime are that members can receive their federal tax refunds up to “six days early” with direct deposit into their Chime accounts and filing in “under 24 minutes.”PYMNTS reported that Chime Financial submitted a confidential filing for an IPO in December, and could possibly go public sometime this year. The company declined to comment.Another PYMNTS report focusing on this year’s FinTech IPO outlook noted that the climate seems right for several FinTech players to go public and see if investors take notice. The FinTech IPO Index is up more than 58% through the previous year

Chime To Offer Free In-App Tax Filing

1Global medical device maker to make Miami its HQInspireMD, a publicly traded developer of a stent system for the prevention of stroke headquartered in Tel Aviv, today announced it has selected Miami for its global headquarters, as it prepares for its U.S. launch and commercialization of its CGuard Prime carotid stent system in the first half of 2025, if approved.“Together with the ongoing build-out of world class commercial and operational teams and supporting infrastructure, our new U.S.-based headquarters will be key to driving long-term growth and serving the U.S. market while creating sustained shareholder value,” said CEO Marvin Slosman.General Manager of US Business Peter Ligotti said the company was attracted to South Florida’s “rich history of medical device innovation.” Indeed, standout companies in the medical device space well known in the Miami tech community include Insightec, Neocis, DermaSensor and many others.“This access to talent and capacity provides excellent capital to build our company as we ready for our U.S. launch,” added Peter Ligotti, General Manager of InspireMD’s U.S. Business. InspireMD will be building up its marketing, training and sales operations teams in South Florida.2Top 1NCE exec in Miami to co-lead the global company1NCE, a global software company with its North American HQ in Miami’s Brickell, has promoted Ivo Rook to Co-CEO

10+ Things To Know In #Miamitech: News From Inspiremd, 1Nce, Flow, Urbanlink, Carve Communications, Miami Dade College, Aleph, Taxfyle – And Lots Of Opportunities!

SEATTLE--(BUSINESS WIRE)--Solo, the all-in-one business app that empowers independent workers to manage their finances, today announced it will be launching an intuitive, easy-to-use tax filing service on its app. The Solo tax filing service, which is powered by Column Tax, further expands on the company’s mission to empower independent workers with the tools and data to work smarter, make more and reduce the complexity of being an independent contractor.Beginning today, Solo customers will be able to file their taxes on time, with the highest deductions, so that they can keep more of their hard earned cash. The new tax filing service brings competitive pricing to Solo customers, featuring a $59 flat fee for Solo subscribers.In addition to its attractive pricing, Solo tax filing offers several advantages compared to its competitors, including:. Flat fee filing. Federal and State Included. No upsells

Solo Introduces The Ability To File Taxes Directly In The App

Personal income tax software platform Column Tax has reportedly raised $12.7m in its Series A funding round.

Column Tax Said To Raises $12.7M Six Months After Seed

An all-in-one digital financial solution provider, MoneyLion Inc., recently announced that it will provide eligible MoneyLion users with free tax filing services through a recent partnership with Column Tax, a personal income tax software company.

Column Tax

API-first tax filing platform for apps

Column Tax

API-first tax filing platform for apps

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