taxes

IRS will pilot free, direct tax filing in 2024

The IRS will test a free tax filing service in 2024 for a subset of lucky taxpayers in as many as 13 states, the agency announced today. Direct File, as the service is called, is a shot across the bow

Intuit launches generative AI-powered digital assistant for small businesses and consumers

Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI-powered solution: a digital assistant to assist small businesses and consumers. Called In

Should you move to a new state for tax savings before selling your startup?

As tempting as it may be, you can’t keep a foothold in Silicon Valley while dipping your toe in the Gulf Coast — and still save on taxes.

What do recent changes to state taxes mean for US SaaS startups?

While no business is exempt from taxes, it’s critical for startups to understand when they're liable for tax, and if offering a SaaS solution, how each set of local laws applies.

April taps AI to help personalize and autofill tax filings

Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation. Ben Borodach, a former Deloitte fintech strategist

The IRS’s crypto tax partner, ZenLedger, raises $15 million Series B

Government tends to struggle when it comes to keeping up with tech innovation. The past U.S. tax season that just wrapped up in April was particularly stressful for investors and the Internal Revenue

Taxfix, the Berlin-based mobile tax filing app, raises $220M at a $1B+ valuation

Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rus

5 crypto tax tools that could save your ass on Tax Day

A lack of formal guidance from U.S. regulators requires taxpayers to interpret how existing laws intended to regulate traditional assets might apply to crypto.

Why web3’s wealthy are donating crypto instead of cash

As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of a broad

Australia’s CryptoTaxCalculator helps traders demystify the decentralized

Just in time for tax season in the United States, Australian startup CryptoTaxCalculator (CTC) announced it has raised seed capital to expand its automated crypto tax reporting tool further into the U

Crypto investors have 1099 problems, but CoinTracker helps make sure filing taxes isn’t one

The upcoming tax season is likely to prove particularly complex for crypto investors, many of whom will be paying taxes on their crypto holdings for the first time ever. In the U.S., the crypto indust

Startup employees should pay attention to Biden’s capital gains tax plans

The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs.

Stripe acquires TaxJar to add cloud-based, automated sales tax tools into its payments platform

Stripe, the privately-held payments company now valued at $95 billion, has made an acquisition to expand the range of tools (and services) that it provides to online businesses. It has acquired TaxJar

Blue dot raises $32M for AI that helps businesses manage their tax accounting

Artificial intelligence has become a fundamental cornerstone of how a lot of business software works, providing a useful boost in reading, understanding and using the often-fragmented trove of data th

US says India, Italy and Turkey digital taxes are discriminatory, but won’t take any actions for now

Digital services taxes adopted by India, Italy and Turkey in recent years discriminate against U.S. companies, the U.S. Trade Representative said on Wednesday. USTR, which began investigations into th

How to build or invest in a startup without paying capital gains tax

You may be able to exclude up to 100% of your federal capital gains taxes from selling the stake in a venture-backed tech startup.

India exempts startups from long-standing ‘angel tax’

India today addressed a long-standing challenge that has been affecting the country’s booming startup ecosystem. As part of a raft of measures to boost overall economic growth from a five-year low,

France’s tax on tech giants passes first vote

The lower house of the French parliament has voted in favor of the new tax on tech giants without any modification. Big tech companies that generate significant revenue in France will be taxed on thei

Startup Law A to Z: Regulatory Compliance

Startups are but one species in a complex regulatory and public policy ecosystem. This ecosystem is larger and more powerfully dynamic than many founders appreciate, with distinct yet overlapping laws

How to file taxes on your cryptocurrency trades in a bear year

Fred traded cryptocurrencies last year. Unfortunately, his trading yielded a capital loss of more than $35,000. Filing taxes could add another headache in a few weeks if not done correctly.
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