2022 Crypto Tax and Accounting Guide for Businesses
Learn about the complex and evolving tax and accounting regulatory landscape for cryptocurrency and digital asset companies. Get an overview of how the 2022 tax season looks for crypto, and learn more about the U.S. Infrastructure Bill’s impact on the crypto space and enterprise business.
Join TaxBit Subject Matter Experts Erin Fennimore, Aaron Jacob, Miles Fuller and Seth Wilks as they answer questions about how your business can better plan for crypto tax and accounting and the tokenized economy. The cryptocurrency tax provision in the U.S. Infrastructure Bill will have dramatic implications for millions of SMBs, enterprise businesses, hedge funds, and any institution that’s incorporated digital assets into their investment portfolio. Unfortunately, tracking and accounting for millions of digital asset transactions is still an extraordinarily cumbersome and manual process for accountants and tax attorneys alike.
Join the conversation to learn more about:
How the U.S. Infrastructure Bill will impact any company that holds crypto and digital assets on its books
Why legacy accounting software isn’t equipped to handle the volume or complexity of digital asset transactions
How democratizing access to crypto tax calculations and tax forms is a critical step for investors and the mainstream adoption of digital assets
Available On Demand
Head of Tax and Information Reporting
Erin Fennimore is the Head of Information Reporting at TaxBit. She leads the expansion of tax software solutions in emerging and ever-changing crypto markets, both domestically and abroad, and helps scale TaxBit’s information reporting.
Erin brings over 10 years of expertise and experience in the area of information reporting and withholding. Prior to joining TaxBit, she led the Global Tax Reporting group at Moss Adams, where she focused on the private equity and venture capital sector, as well as advising multinational corporations and financial institutions on compliance with information reporting and withholding regulations.
Erin also worked at IHS Markit—formerly Compliance Technologies International—where she designed, tested, and implemented tax software solutions for tax due diligence, withholding, and information reporting.
Head of Enterprise Resource Planning
Aaron Jacob serves as TaxBit's as Head of Enterprise Resource Planning (ERP). In this role, Aaron leads TaxBit’s efforts to build and scale the TaxBit Corporate Accounting Suite—the first-ever, SEC- and Big 4-grade ERP solution for digital assets.
Prior to TaxBit, Aaron spent eight years at Chatham Financial working with the treasury and accounting teams of corporate and large financial services clients. He advised companies on: derivative portfolio management; finance and accounting process transformation; technical accounting solutions; and oversaw the development of Chatham’s core financial services technology. During this time, Jacob worked across many asset classes including: equities, foreign currency, interest rates, and commodities.
Aaron previously worked at the Financial Accounting Standards Board (FASB), where he assisted the Board in making improvements to US generally accepted accounting principles (GAAP).
He has a Master’s Degree in Accounting from BYU and earned his MBA from The Wharton School where he graduated as a Palmer Scholar.
Senior Director of Government Relations, Subject Matter Expert
Seth Wilks serves as TaxBit's Senior Director of Government Relations.
He's regarded as a leading expert on cryptocurrency tax matters and been heavily involved in educating and informing policy makers and regulators in all financial matters related to digital assets. In March 2020, he was recognized as a cryptocurrency tax specialist and served as a panelist at the IRS’ invite-only Virtual Currency Summit at the IRS’ headquarters in Washington, DC. Seth focuses his efforts on developing relationships with key crypto players on Capitol Hill as well as within the Treasury Department and the IRS.
He started his career as a Tax Consultant for Big Four accounting firm EY and led global tax departments for Fender Musical Instruments, P.F. Chang’s China Bistro, and Clarus Corporation (Black Diamond Equipment).
Head of Government Solutions
As Head of Government Solutions, Miles Fuller architects the vision for TaxBit’s government business and serves as subject matter expert to government and IRS customers.
A 15-year IRS veteran, Fuller served as senior counsel at IRS, Office of Chief Counsel where he handled front-line advisory questions, represented the government in tax court, led a team of field attorneys specializing in virtual currency issues, and trained other attorneys and IRS examiners on virtual currency examination techniques and tax issues.