Full-Time
Posted on 9/9/2025
Automates tax reporting for digital assets
$160k - $195k/yr
San Francisco, CA, USA
Hybrid
Hybrid role with 3 days in-office per week.
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TaxBit provides a SaaS platform that automates tax and accounting tasks for the digital asset economy. It collects, validates, and reports tax information for cryptocurrencies, helping individuals, exchanges, and enterprises stay compliant with evolving regulations. The product supports the entire tax workflow—from onboarding and data intake to form generation, delivery, and filing—and includes data analysis and examination support. The platform is subscription-based, with pricing based on service level and transaction volume. TaxBit differentiates itself by offering an end-to-end, user-friendly solution tailored to digital asset tax needs, enabling clients to automate tax reporting and stay compliant amid regulatory changes. Its goal is to simplify digital asset tax compliance for a wide range of users while adapting to shifting regulatory requirements.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$251.4M
Headquarters
Draper, Utah
Founded
2018
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Flexible Work Hours
Remote Work Options
Bybit collaborates with Taxbit to ensure seamless financial compliance for global and EU users. Bybit, the world's second-largest cryptocurrency exchange by trading volume, today announced its collaboration with Taxbit, a leading provider of digital asset tax and accounting solutions, to enhance its global tax compliance capabilities under the Crypto-Asset Reporting Framework (CARF) and the EU's DAC8 directive. This partnership reflects Bybit's ongoing efforts to build a compliance-driven and user-friendly trading environment as global tax regulations evolve. Through Taxbit's industry-leading infrastructure, Bybit will enable automated CARF-compliant tax information reporting related to its users - including entities under Bybit EU and Bybit Global - ensuring adherence to regulatory requirements across more than 70 jurisdictions around the globe. "At Bybit, compliance and transparency are at the heart of how we operate," said Robert MacDonald, Chief Legal and Compliance Officer of Bybit. "Partnering with Taxbit allows us to meet new international tax standards while making the process as seamless as possible for our users. This collaboration ensures our community can trade confidently, knowing that we at Bybit take safety and customer compliance seriously." With this integration, Bybit users will enjoy seamless compliance with global requirements, minimizing manual effort, reducing reporting errors, and providing users confidence to trade with ease. Importantly, users do not need to take any additional steps to enjoy these benefits beyond providing basic onboarding information. Once activated, the process operates in the background, allowing users to focus on trading while remaining compliant. Bybit has chosen Taxbit to support its CARF and DAC8 rollout, recognizing its strong track record and expertise in crypto tax automation for both institutional and retail clients. "We're proud to support Bybit on its global CARF journey," said Lindsey Argalas, CEO of Taxbit. "Bybit's proactive approach demonstrates real leadership in making regulatory compliance easy and accessible for digital asset users around the world." The partnership underscores Bybit's mission to align with international regulatory frameworks while continuing to deliver a trusted, transparent, and innovative trading experience for all users. #Bybit / #CryptoArk
Taxbit launches new tools to streamline global tax reporting for the gig economy. Taxbit, the leading enterprise-grade tax and accounting compliance platform, today announced the launch of its Global Digital Platform Reporting Tool in service of the Model Rules for Reporting by Platform Operators (MRDP). These new capabilities are designed to give businesses full visibility and control over their reporting processes, simplifying compliance with complex international regulations for jurisdictions including the UK, EU, Canada, and New Zealand. Success in digital platform reporting compliance starts with data integrity and clear visibility into the entire reportable population. Taxbit's Global Digital Platform Reporting Tool addresses this by empowering customers with on-demand access to their data, helping them to quickly identify and remediate data gaps and ensure year-round compliance. "The modern rise of the sharing and gig economy has fundamentally transformed industries in just a few short years, adding new complexities to regulatory reporting," said Erin Fennimore, Chief Tax & Compliance Officer at Taxbit. "Our new Global Digital Platform Reporting tool gives our customers the control, clarity, and efficiency they need to manage their tax reporting obligations with confidence, and turn a complex process into a manageable, self-driven one." Key features of Taxbit's Global Digital Platform Reporting Tool include: * Integrated Seller Data Collection: Seamlessly collect required end-user information directly in your platform to ensure complete end of year reporting. * Reportable Population Determination: Gain full, direct visibility into the reportable population for key regions (including the UK, NZ, Canada, and the EU) directly within the dashboard. Users can also view accounts determined to be ineligible and understand the reasons why. * Comprehensive Data Exports: To support rigorous internal review, the tool allows for the export of detailed validation reports, aggregate data views for QA, and draft forms, empowering businesses to quickly remediate information and ensure completeness. * Centralized Reporting Snapshot: Provides a consolidated look at the entire reporting process across all MRDP jurisdictions, allowing for quick monitoring of eligibility, form generation progress, and filing status. * Direct Recipient Form Generation: Users can easily generate recipient copies of required forms directly from the dashboard. Forms can be delivered seamlessly to end-users through an API endpoint or aligned with existing document delivery processes. * Filing XMLs: Generate jurisdiction-specific year-end XMLs directly from the Taxbit Dashboard for filings from 2025 onward. By providing direct, on-demand visibility into their reportable population and QA-ready data exports, Taxbit's customers can achieve greater data confidence and significantly streamline their internal review processes for tax-season readiness. The ability to directly generate recipient forms and final year-end XMLs from the dashboard minimizes manual steps and accelerates the entire reporting cycle, ensuring timely and accurate submissions for MRDP. This product is available for all current and future Taxbit customers. For more information about the Global Digital Platform Reporting Tool, please visit www.taxbit.com. About Taxbit Taxbit is the premier tax and accounting compliance platform designed by CPAs and tax attorneys to simplify compliance and reporting. Enterprises, financial institutions, and government agencies trust our comprehensive, end-to-end solution to ensure compliance and accuracy. Taxbit is certified with SOC 1 Type 1, SOC 2 Type 2 attestation, and ISO 27001 standards. With over $235 million in funding from top global investors like Ribbit, IVP, Paradigm, Haun Ventures, and PayPal Ventures, Taxbit is headquartered in Draper, Utah, and has offices in San Francisco, Seattle, New York, and London. Discover more at www.taxbit.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251031649871/en/ "Our new Global Digital Platform Reporting tool gives our customers the control, clarity, and efficiency they need to manage their tax reporting obligations with confidence, and turn a complex process into a manageable, self-driven one."
Taxbit appoints former OECD advisor Colby Mangels as Global Head of Government Solutions. News provided by. Architect of OECD crypto reporting standards adopted by 70+ countries joins Taxbit to advance global regulatory collaboration and digital asset transparency NEW YORK, Oct. 27, 2025 /PRNewswire/ - Taxbit, the leading tax and accounting compliance platform for digital assets, today announced the appointment of Colby Mangels as Global Head of Government Solutions. Mangels joins from the Organization for Economic Co-operation and Development (OECD), where he was a key architect of the Crypto-Asset Reporting Framework (CARF), the first international standard for tax transparency in the crypto sector, now adopted by over 70 countries. A U.S.-licensed lawyer, Mangels brings extensive experience in tax policy, anti-money laundering (AML), and financial regulation. At the OECD, he played a leading role in developing the Crypto-Asset Reporting Framework (CARF) and the most recent amendments to the Common Reporting Standard (CRS), as well as in leading peer reviews of jurisdictions' compliance with these international transparency standards. He also contributed to the Financial Action Task Force's (FATF) global AML standards for virtual assets. Prior to the OECD, Mangels served at the U.S. Office of the Comptroller of the Currency (OCC), specializing in federal banking and fintech oversight. In his new role, Mangels will leverage this multilateral experience to promote industry growth and innovation through engagement with governments, regulators, and international organizations on the practical implementation of digital asset reporting and transparency systems. His team will focus on bridging policy and technology to help both public and private sector stakeholders operationalize global standards effectively. "Taxbit sits at the intersection of innovation and compliance at a pivotal moment for global digital asset regulation," said Mangels, "Having spent years helping governments design the standards that underpin transparency in this sector, I'm excited to now help implement them, ensuring they're applied effectively, consistently, and fairly." Mangels' appointment reflects Taxbit's commitment to promoting innovation while strengthening global collaboration between regulators and industry through technology-driven solutions. His multilateral background positions him to advance Taxbit's mission of enabling digital assets for the global economy through scalable automation of tax compliance for enterprises and governments. "Colby's practical experience shaping international crypto policy and financial regulation brings an unmatched perspective to our mission," said Lindsey Argalas, CEO at Taxbit. "As digital asset regulation comes into effect worldwide, his leadership will help governments and enterprises move from regulatory intent to practical, tech-enabled compliance." About Taxbit Taxbit is the premier tax and accounting compliance platform designed by CPAs and tax attorneys to simplify compliance and reporting. Enterprises, financial institutions, and government agencies trust our comprehensive, end-to-end solution to ensure compliance and accuracy. Taxbit is certified with SOC 1 Type 1, SOC 2 Type 2 attestation, and ISO 27001 standards. With over $235 million in funding from top global investors like Ribbit, IVP, Paradigm, Haun Ventures, and PayPal Ventures, Taxbit is headquartered in Draper, Utah, and has offices in San Francisco, Seattle, New York, and London. Discover more at www.taxbit.com SOURCE Taxbit
Taxbit, a platform known for delivering enterprise-grade tax and accounting compliance solutions tailored for digital assets, has officially announced a strategic collaboration with the Global Blockchain Business Council (GBBC).
Strategic appointment reinforces Taxbit's commitment to regulatory clarity and digital asset adoption ahead of the Digital Accord Summit in Paris, April 8-9NEW YORK, March 25, 2025 /PRNewswire/ -- Taxbit , the industry leader in digital asset tax and accounting solutions, continues to strengthen its European expansion with the appointment of Faustine Fleuret as French Executive in Residence (EIR). This announcement comes as Taxbit deepens its commitment to regulatory clarity and market adoption across Europe, just one month before the Digital Accord Summit , a premier gathering of global thought leaders in digital assets, in Paris on April 8-9.Europe is at the forefront of shaping digital asset frameworks, driving regulatory clarity, compliance, and institutional engagement. With MiCA and DAC8 regulations coming into effect, the need for robust and transparent reporting solutions has never been more essential."Momentum in France has never been stronger. With established leaders like Circle and Ledger alongside cutting-edge startups like Absolute Labs, the country is defining the next chapter of digital assets. Faustine's deep expertise and passion make her an invaluable part of Taxbit's Executives in Residence program. We are honored to have her on board as we continue driving innovation and regulatory clarity worldwide."— Michelle O'Connor, VP of Global Market Expansion, TaxbitFaustine Fleuret is a recognized leader in financial regulation and digital assets