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Zac McClure

Co-Founder & CEO at TokenTax

Zac McClure is the co-founder and CEO of TokenTax, a company that specializes in cryptocurrency tax software and services.13 Here's an overview of his background and career:

Education

Zac McClure has a strong educational background:

  • BS in Business Administration with an emphasis in International Finance and Accounting from the University of Southern California (2003-2007)2
  • Studied abroad at Università Bocconi in 2006, focusing on Venture Capital, Private Equity, Investment Banking, and International Financial Markets2
  • MBA from The Wharton School, majoring in Finance and Strategic Management (2012-2014)23
  • Second MBA from INSEAD, specializing in International Business (2014)23

Professional Experience

Zac's career path has been diverse and impressive:

  • Started as an Investment Banking Analyst at J.P. Morgan (2007-2009)23
  • Joined Teach for America as a Corps Member (2009-2012)23
  • Worked as a Summer Consultant for World Bicycle Relief in Zimbabwe and Zambia (2011)3
  • Served as an Investment Analyst at Imprint Capital Advisors (2013)23
  • Consultant at Bain & Company (2014-2016)23
  • Director of Strategy at Elsevier (2016-2017)3
  • Co-founded TokenTax in 2017123

TokenTax

Zac McClure co-founded TokenTax in 2017 with Alex Miles.14 The company aims to simplify cryptocurrency tax accounting and has grown significantly since its inception:

  • Won first place in the Product Hunt Global Hackathon in 20171
  • Acquired Crypto CPAs, a cryptocurrency tax accounting firm, in 20194
  • Offers services ranging from software calculation to tax return filings for crypto investors4

Expertise and Vision

Zac McClure is known for his creative approach to solving complex cryptocurrency tax issues.1 He and his team at TokenTax:

  • Work on making cryptocurrency accounting less complex and more accessible14
  • Strive to democratize access to cryptocurrency investment knowledge1
  • Tackle challenges in translating DeFi activity into transactions that tax agencies can understand4

Zac's diverse background in finance, education, and entrepreneurship has contributed to TokenTax's success in navigating the evolving world of cryptocurrency taxation.

Highlights

Apr 2 · CoinDesk
Memes to Millions: The Tax Implications of Sudden Crypto Wealth - CoinDesk
Memes to Millions: The Tax Implications of Sudden Crypto Wealth - CoinDesk
Apr 2 · Yahoo Finance
Memes to Millions: The Tax Implications of Sudden Crypto Wealth - Yahoo Finance
Memes to Millions: The Tax Implications of Sudden Crypto Wealth - Yahoo Finance

Related Questions

What inspired Zac McClure to start TokenTax?
How did Zac McClure's background in investment banking influence his work at TokenTax?
What challenges did Zac McClure face when launching TokenTax?
How did Zac McClure's experience at Bain & Company prepare him for co-founding TokenTax?
What is Zac McClure's role at TokenTax today?
Zac McClure
Zac McClure, photo 1
Zac McClure, photo 2
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Location

New York, New York, United States