Related Products
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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.
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About
If you've bought, sold, earned, received or otherwise acquired digital currencies during any given tax year then you are almost certainly required to file the profit or loss as part of your tax return. If you're still not sure, you should talk with Inland Revenue or your accountant. In New Zealand, Inland Revenue treat digital currencies as a type of property. Their cryptocurrency tax guidance requires the profit or loss to be calculated using First in First Out in New Zealand Dollars at the time the trade occurred, even if the trade was between cryptocurrencies. It's no small task and can take days to untangle even with only a small number of trades. If you've taken a loss, it may be deductible from your income tax. Our algorithms do the heavy lifting by automating the currency conversions and calculating your trading and mining profit and loss in accordance with Inland Revenue's guidance. All we need from you are your exchange exports and mining addresses.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Enterprises, exchanges, financial institutions, and fund administrators looking to automate, integrate, and report on their digital asset activity
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Audience
Cryptocurrency investors and traders in New Zealand that need a crypto tax software solution
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and Videos |
Screenshots and Videos |
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Pricing
No information available.
Single or Multiple year SaaS licenses and volume contracts
Free Version
Free Trial
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Pricing
$99 per tax year
Free Version
Free Trial
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Reviews/
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Reviews/
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Pros & Cons from Real UsersPros
Cons
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Pros & Cons from Real UsersPros
Cons
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationTaxBit
Founded: 2018
United States
taxbit.com
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Company InformationTaxoshi
Founded: 2014
New Zealand
taxoshi.com
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Alternatives |
Alternatives |
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Categories |
Categories |
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Crypto Tax Features
Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration
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Integrations
Binance
BitPrime
Bitcoin
CEX.IO
Coinbase
Coinbase Commerce
Easy Crypto
Ethereum
Exodus
Fireblocks
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Integrations
Binance
BitPrime
Bitcoin
CEX.IO
Coinbase
Coinbase Commerce
Easy Crypto
Ethereum
Exodus
Fireblocks
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