TaxBit

TaxBit

5.0 out of 5 stars
Bitwave TaxBit

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Bitwave:

About

Bitwave powers bookkeeping, accounting, tax tracking,​ invoicing, bill pay, and payroll for DeFi and crypto. DeFi ROI monitoring and digital asset treasury management are easy with Bitwave. Calculating taxes for crypto and DeFi can be incredibly complex. As a business that transacts in cryptocurrencies, it is your obligation to properly track the cost basis of your digital assets and track the corresponding crypto taxes. Luckily, Bitwave offers a complete solution for crypto and DeFi tax tracking and simplifies your end of the quarter. Our enterprise digital asset platform connects the blockchain to your accounting system making it easy to prepare your crypto taxes. We also support cost averaging and specific selection. You can run reports for each and pick the tax strategy that’s right for you. Our platform also syncs mark-to-market adjustments to mark the current value of holdings, and your crypto gains and losses.
TaxBit:

About

TaxBit is the world’s leading technology partner for Tax and Accounting compliance. Our platform provides a single system of record, capable of efficiently powering both information and financial reporting, for high-volume and highly complex asset transactions. Developed in a fast-evolving, digital asset driven world, TaxBit was created by experts for experts and offers: - A single platform: Providing full control of customer data and processes. No more fragmentation across manual processes, multiple vendors, and multiple solutions. - Powerful API technology: The TaxBit Platform automatically ingests, validates, and normalizes data processes for internal teams, external partners, and customers. - Bringing together best-in-class technology and certified experts: Our subject matter experts consist of CPAs, attorneys, IRS and FASB alumni, and Big Four partners who become a seamless extension of your team.
Bitwave:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
TaxBit:

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Bitwave:

Audience

Enterprises and businesses in search of a platform to manage their digital assets and their financial operations
TaxBit:

Audience

Enterprises, exchanges, financial institutions, and fund administrators looking to automate, integrate, and report on their digital asset activity
Bitwave:

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported
TaxBit:

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported
Bitwave:

API

Offers API Supported
TaxBit:

API

Offers API Supported
Bitwave:

Screenshots and Videos

TaxBit:

Screenshots and Videos

Bitwave:

Pricing

No information available.
Free Version Not Supported
Free Trial Supported
TaxBit:

Pricing

Single or Multiple year SaaS licenses and volume contracts
Free Version Not Supported
Free Trial Not Supported
Bitwave:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
TaxBit:

Reviews/Ratings

Overall 5.0 / 5
ease 4.0 / 5
features 4.0 / 5
design 5.0 / 5
support 5.0 / 5
TaxBit:

Pros & Cons from Real Users

Pros

  • Tax season is very busy but the support team at TaxBit is excellent. In addition to the articles and videos, I was able to easily upload and get my tax returns. Must try if you are skeptical.

Cons

  • The user interface on some pages seemed insufficient but over the last 6 months I have noticed that there has been constant development so I am hopeful with this product.
Bitwave:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported
TaxBit:

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported
Bitwave:

Company Information

Bitwave
Founded: 2018
United States
www.bitwave.io
TaxBit:

Company Information

TaxBit
Founded: 2018
United States
taxbit.com
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Bitwave:

Categories

Crypto Supported
Crypto Accounting Supported
Crypto Tax Supported
DeFi Tools Supported
TaxBit:

Categories

Crypto Accounting Supported
Crypto Tax Supported
Bitwave:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported
TaxBit:

Crypto Tax Features

Automated Data Import Supported
Exchange Integration Supported
Export Transactions Supported
Historical Prices Supported
Income Overview Supported
Margin & Futures Support Supported
Profit & Loss / Cap Gains Supported
Staking / Lending / DeFi Support Supported
Tax Form Generation Supported
Tax Loss Harvesting Supported
Wallet Integration Supported
Bitwave:

Integrations

Anchorage Digital Supported
Coinbase Supported
NetSuite Supported
QuickBooks Online Supported
Bitcoin Not Supported
CEX.IO Not Supported
Canton Supported
Coinbase Commerce Not Supported
Ethereum Not Supported
Fireblocks Not Supported
Gemini Not Supported
Kraken Supported
Kryptos Not Supported
Polygon Not Supported
Sage Intacct Supported
SushiSwap Supported
Uniswap Supported
Uphold Not Supported
TaxBit:

Integrations

Anchorage Digital Supported
Coinbase Supported
NetSuite Supported
QuickBooks Online Supported
Bitcoin Supported
CEX.IO Supported
Canton Not Supported
Coinbase Commerce Supported
Ethereum Supported
Fireblocks Supported
Gemini Supported
Kraken Not Supported
Kryptos Supported
Polygon Supported
Sage Intacct Not Supported
SushiSwap Not Supported
Uniswap Not Supported
Uphold Supported
Bitwave:
Claim Bitwave and update features and information
Claim Bitwave and update features and information
TaxBit:
Claim TaxBit and update features and information
Claim TaxBit and update features and information