#582: Austin Woodward on Building Tax Infrastructure in Bitcoin

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.8 • 1.9K Ratings

🗓️ 15 June 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Austin Woodward is the co-founder and CEO of Taxbit, the leading cryptocurrency tax software that recently raised $100 million from Tiger Global and Paradigm. In this conversation, we discuss Taxbit’s product suite, tax loss harvesting, IRS, El Salvador’s bitcoin adoption, tax strategies of the rich, and cryptocurrency accounting software. ======================= Public Rec is on a mission to make comfort look good. Their fan-favorite Flex Short is the ultimate crossover short you’ll need all summer long. From the beach to the gym, this quick-drying short has you covered. Comfort starts with a better fit. Free shipping. Free returns. Visit www.publicrec.com/pomp and use POMP at checkout for 10% off! ======================= Whether you're an experienced crypto trader or just starting out, Kraken has the tools to help you achieve financial freedom. With the new Kraken app, you can easily buy and sell over 60 of the most popular cryptocurrencies in just a few minutes. Featuring a sleek new design and an easy-to-use interface, you can now take your crypto portfolio with you on the go, 24/7. Visit kraken.com/pomp to learn more or search "kraken" in the app store. ======================= Unstoppable Domains makes crypto easier by replacing your address with [AnyName].crypto. They allow you to send and receive over 70 cryptocurrencies, including BTC, ETH, and LINK with a single blockchain domain. Go to unstoppabledomains.com and get [YourName].crypto to make your crypto life easier. =======================

Transcript

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0:00.0	What's up, everyone? This is Anthony Pompleano. Most of you know me as Pomp. You're listening to
0:04.7	the Pomp podcast, simply the best podcast out there. Now let's kick this thing off.
0:09.5	Austin Woodward is the co-founder and CEO of TaxBit, the leading cryptocurrency tax software
0:14.5	that recently raised $100 million from Tiger Global and Paradigm. In this conversation, we
0:20.2	discussed TaxBits product suite, tax loss harvesting, the IRS,
0:24.5	Old Salvador's Bitcoin adoption, tax strategies of the rich, and cryptocurrency accounting software.
0:30.3	I really enjoyed this conversation with Austin, and I hope you do as well.
0:34.7	Before we get into this episode, though, I want to quickly talk about our sponsors.
0:38.4	First up are my friends at Public Rec. Public Rec simply makes the most comfortable clothes in the world.
0:44.7	Public Rec is on a mission to make that comfortable clothes look good. Their fan favorite flex shorts,
0:51.3	which I'm literally wearing right now while I'm telling you about this,
0:54.2	is the ultimate crossover short you'll need all summer long. I love them. From the beach
0:59.1	to the gym, this quick drying short has you covered. Comfort starts with a better fit.
1:04.1	With Public Rec, you get free shipping and free returns. Visit publicwreck.com slash pomp and use code pomp at checkout for 10% off.
1:14.1	When I tell you that the pair of shorts are comfortable, I mean it. If I'm wearing them,
1:18.5	you can definitely take it to the bank. Go to publicwreck.com slash pomp and use code pomp
1:24.4	at checkout for 10% off.
1:28.9	Next up is Cracken.
1:33.6	For the last 10 years, Cracken has been one of the best platforms for trading crypto online.
1:38.3	Now, with the new Cracken app, it's easier than ever to buy and sell Bitcoin and over 60 of the most popular cryptocurrencies on the go 24-7.
1:42.8	You can simply download the Cracken app, connect your bank account,
1:46.2	and start investing for as little as $10. Just a minute is all it takes to get started. With the
	...

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