TaxBit Now Expands Crypto Services By Acquiring Digital Asset Accounting Startup Tactic
TaxBit, a provider of crypto tax software, on Tuesday announced that Tactic, a software business, would be acquired in order to expand its crypto accounting offerings. actic’s target market of medium-sized to small businesses this week.
By integrating Tactic’s accounting technology into its current corporate accounting suite (CAS) offering, TaxBit will now provide enhanced crypto accounting services in response to customer input. According to TaxBit CEO Austin Woodward, this will make it easier for institutional customers to manage the process of tracking cryptocurrency transactions and pricing for reporting, which should enable customers to close their books in days rather than months.
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