Understanding Cryptocurrency Tax Filing with Janna Scott

In this episode, we welcome Janna Scott, the visionary founder of Defy Tax, a pioneering platform that simplifies cryptocurrency tax reporting. Janna shares her journey from Germany to the U.S., highlighting her commitment to improving the accuracy and reliability of crypto tax solutions. With insights from her extensive research and collaboration with regulatory bodies, she discusses the challenges faced by crypto traders and the importance of accurate reporting. Discover how Defy Tax is setting new standards in the industry and empowering users to navigate the complexities of cryptocurrency taxes confidently.Chapters:(01:26) Who is Janna Scott?(03:23) Cetera Box helps people understand their financials before tax season.(10:01) Chainalysis helping IRS trace crypto. (16:15) Features on blockchain are what are causing the IRS to refuse to use cryptocurrency.(28:36) The future of cryptocurrency(39:06) Cryptocurrency taxes and auditingSponsored by:BLU Scholarship: https://www.blu.university/a/2147984849/YbykQKgPJanna Scott bio:Janna Scott is the founder and visionary behind DeFi Tax, a groundbreaking platform designed to bring clarity and compliance to the complex world of cryptocurrency tax reporting. With a career rooted in precision and innovation, Janna’s journey began in December 2021 when her accounting clients raised concerns about the accuracy and reliability of existing crypto tax solutions. Driven by her commitment to excellence, she embarked on a rigorous two-year research initiative, collaborating with leading institutions like the SEC, IRS, and prominent universities to uncover and address gaps in crypto tax compliance.Janna’s work has set a new standard in the industry, earning recognition from regulatory bodies and academic experts alike. DeFi Tax is now celebrated for its audit-ready reporting, direct blockchain data integration, and user-centric approach. By combining her expertise with a deep understanding of theevolving financial landscape, Janna has made it her mission to empower individuals, businesses, and institutions to navigate cryptocurrency taxes confidently. Her dedication to precision, transparency, and client protection continues to shape the future of crypto tax compliance.Connect with Janna:https://www.linkedin.com/company/defitax/posts/?feedView=all 

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