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tZERO, Engineered Tax Services to Provide Clients Secondary Trading Opportunities

Staff Writer
Staff Writer
January 31st, 2023

tZERO, a provider of blockchain technology and liquidity for digital assets, announced today that it has signed an agreement with Engineered Tax Services, Inc. (ETS), a licensed tax credits and incentives advisory firm. ETS is a licensed engineering firm with more than 150 employees that focuses on federal, state, and local tax credits and incentives. ETS caters to a diversified client base, which largely consists of several thousand private CPA firms and their related clients in the businesses of real estate, manufacturing, and energy. This partnership will introduce tZERO to ETS clients seeking technology services to digitize their capitalization tables (i.e., tokenization). tZERO’s tokenization standard is interoperable with the tZERO ATS trading ecosystem, giving issuers optionality to a secondary liquidity solution.

tZERO CEO Saum Noursalehi stated, “Through our partnership with ETS, we are excited to connect with sophisticated, private companies that want to modernize their securities through tokenization and provide investors access and liquidity optionality. This will continue to increase tZERO’s visibility and product offering, which continues to be our top priority.”

ETS is a licensed engineering firm providing specialty tax services to CPA firms and their clients. As advocates for America’s small and mid-sized businesses, ETS helps CPA firms add value to their client relationships by offering sophisticated strategies like cost segregation, the research and development tax credit, and other specialized tax credits and incentives, allowing them to retain more working capital and drive profitability.

ETS CEO Julio Gonzalez said, “ETS was founded to bring specialty tax advisory services to mainstream America. We are always looking for advanced and innovative solutions to educate our vast network of CPA firms and support their clients, and we look forward to bringing tZERO’s secondary liquidity solution to our clients.”

Please visit Taxfyle for more information on domestic outsourcing.

https://www.taxfyle.com/tax-preparation-outsourcing