TaxBit Invests in Government to Accelerate Consumer Crypto Adoption
The Internal Revenue Service (IRS) selected TaxBit, and continues to use TaxBit through multi-year contracts, to provide data analysis and tax calculation assistance for taxpayers with cryptocurrency. TaxBit provides digital asset tax and accounting software for businesses, consumers, and government entities.
As Senior Vice President and General Manager of Global Public Sector Sales and Government Affairs, nathan jones will lead customer support, government affairs influencing and education, and global public sector sales. Jones comes to TaxBit from Red Hat, where he worked for 19 years, most recently as vice president of federal sales. At Red Hat, he was responsible for all federal transactions and systems integration channels.
As Head of Government Solutions, Miles Fuller Build the vision for TaxBit’s government business and serve as a subject matter expert for government and IRS clients. A 15-year veteran of the IRS, Fuller served as senior counsel with the IRS, Office of Chief Counsel, where he handled front-line advisory matters, represented the government in tax court, led a team of field attorneys specializing in virtual currency issues and trained other IRS attorneys and examiners on virtual currency examination techniques and tax issues.
As General Counsel for the company, Christi Muoneke will lead TaxBit’s legal and compliance functions. A seasoned legal executive, Muoneke has extensive experience in managing risk and compliance for innovators in the digital economy. Prior to joining TaxBit, she spent over 15 years working with fintech and technology leaders such as Meta, DocuSign, Microsoft and Avalara to establish and scale their legal and compliance functions.
“We are thrilled to announce the expansion of our presence in the United States to washington d.c.as it will help the Hill, the IRS and the American public advance the adoption of consumer digital assets,” said Austin Woodward, CEO of TaxBit. “We are thrilled to welcome these government sales, policy and compliance heavyweights to our team.”
“With the rapidly growing market capitalization of cryptocurrency and the rapid adoption rate of digital assets by businesses and investors, the ecosystem requires infrastructure services to meet the needs of businesses, government and investors,” said Perianne Boring, Founder and President of the Chamber of Digital Commerce. “This growth in services and applications, such as TaxBit, is another strong indicator that digital assets are playing an increasingly important role in the U.S. and global economies.”
Designed by CPAs and tax lawyers, TaxBit is the leading tax and accounting solution for the token economy. TaxBit’s platform serves major industry exchanges, institutional investors, governments and individuals. TaxBit has raised more than $230 million of the world’s top investors to enable widespread adoption of digital assets by automating regulatory hurdles for tax and accounting compliance at scale. TaxBit is headquartered in Salt Lake City and Seattle. To learn more, visit: www.TaxBit.com, TwitterLinkedIn.