Bitfari Selects Taxbit for 1099 Generation and Others


Bitfari has selected Taxbit as a tax return generation partner in order to help auditors, screen operators, and even customers report taxes with ease. This platform will help keep things simple for all parties involved. Bitfari is happy to make this announcement in order to signal that prizes, payments, and transactions made on the platform will not bring tax headaches to any user!

Taxbit is used by the likes of Coinbase, KuCoin, Gemini, OkCoin, Binance, Uphold, Poloniex, and Bitstamp. And is backed by Paypal, Winklevoss capital, and Coinbase Ventures.

While Bitfari can be used anonymously to place ads, win prizes, customize your city, and even shop and save with Faris, auditors earning thousands of dollars per month using the platform, several businesses managing hundreds of billboards or agencies receiving millions of dollars in BTC deposits to place ads on behave of their clients need a practical solution for tax compliance. Bitfari will generate these reports using Taxbit’s technologies and distribute them automatically upon request.

Just know that Bitfari has you covered.

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