Introducing TaxToken

Hi Steemit users! We would like to introduce ourselves. We are the TaxToken Team, a new company in the blockchain space centered on accounting solutions. We are super passionate about how new technologies can help solve accounting needs. We’ve created some cool applications to help with common accounting problems. We would love to hear from the steemit community about one of our products being released soon (March 1), as well as any other general feedback or tools you would like to see in the future! We encourage you to read a little bit more about TaxToken below and let us know your thoughts.

Who are we and what do we do?
In short, TaxToken is a blockchain-based accounting software company. Our software suite will include just about everything you’d find in current accounting software, from tax preparation to payroll and invoicing, except enhanced through distributed ledger technology and artificial intelligence. Everyone from individuals to businesses can benefit from TaxToken’s technologies. At TaxToken, we’re creating the accounting infrastructure for the future.

A Closer Look:
One of our upcoming software solutions is a Capital Asset Manager, the easiest way to do your crypto taxes. The application automatically tracks capital gains and losses and generates ready-to-file tax forms. The Capital Asset Manager is just one of TaxToken’s many blockchain accounting solutions. To learn more about our products and services, check out our white papers and other documents: https://taxtoken.io/documents/

Why does the Capital Asset Manager matter and who can use it?
Current methods of preparing crypto taxes are time consuming, expensive, and often confusing. They typically require time consuming preparation software or expensive tax professionals. TaxToken’s Capital Asset Manager integrates with exchanges to track, sort, and file crypto transactions to prepare your tax documents with ease.

Virtual currencies are an exciting application of blockchain technology and a rapidly growing form of payment. Global currencies that have no borders or nationalities are driving a movement--a new global economy that does not rely on large centralized banks or financial institutions. However, in order to legitimize this new global system, we still have to face everyday realities--like taxes. Starting with the United States, our Capital Asset Manager will be able to track and sort your cryptocurrencies into gains and losses and help prepare your tax statements under the U.S. tax code. TaxToken is also expanding internationally to provide the same services in other parts of the world, including Canada, South Korea, Japan, the United Kingdom, India, and more--all while complying with the unique tax code in each nation.

The Capital Asset Manager beta can be used by any U.S. citizen starting March 1st!

Questions for steemit users--what are YOUR biggest questions or concerns with virtual currencies and taxes? What tools would be useful for you in preparing and filing taxes for your virtual currencies? What topics would you like to see more information on? Our team wants to hear from you. Please let us know your thoughts, questions, and ideas! You can respond here in the comments, email us at [email protected], or reach us out to us through Twitter or Facebook. We look forward to hearing from this great community.