TaxBit Acquires Tactic

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TaxBit, a New York-based tax and accounting provider for the digital asset economy, acquired Tactic, a New York-based provider of a digital asset financial accounting platform.

The amount of the deal was not disclosed.

With the acquisition, TaxBit will expand its digital asset accounting presence via the Corporate Accounting Suite (CAS) offering, and establish a New York presence. The full integration of Tactic’s software and team with TaxBit will take place over the coming months.

Led by CEO Ann Jaskiw, Tactic provides accounting automation tools, integration with other financial software products, and visibility to reduce crypto accounting processes by as much as 75%.

Led by CEO Austin Woodward, TaxBit is a provider of a tax and accounting solution for the digital asset economy. Its platform serves the industry’s top exchanges, institutional investors, governments, and individuals. TaxBit is SOC 1, Type 1, SOC 2, Type 2 attestation and ISO 27001 certified. The company has offices in Salt Lake City, San Francisco, Seattle, New York and Washington D.C.

FinSMEs

18/01/2023