What is TaxBit? TaxBit Review, Features

TaxBit is a Salt Lake City, Utah-based company that provides cryptocurrency tax automation software to crypto users, exchanges, and merchants, serving investors, exchanges, and payment services.

About TaxBit

• Founded in 2018 and headquartered in the United States, TaxBit is a cryptocurrency tax and accounting software that automatically settles taxes and reports cryptocurrency transactions, automatically syncing all transactions from any top exchange through a read-only API.

• TaxBit provides software that makes it easier for users to report capital gains and losses from their crypto investments to the IRS.

• TaxBit’s tax and accounting solutions are designed to deliver the speed and scalability required for digital assets to meet the needs of business and government leaders.

TaxBit Products and Services

1. Corporate Tax

Improve user experience and reduce regulatory burden. A single, end-to-end platform powered by APIs for powerful tax compliance and reporting, automatic TIN matching, cost basis tracking (where applicable), IRS form creation, and more.

2. Corporate accounting

Simplify digital asset accounting. The industry’s most trusted digital asset accounting platform uses rules-based automation, ERP integration, and on-demand reporting to save businesses hours each month.

3. Government

A trusted digital asset analytics platform. The modern platform is designed to provide self-service data analytics and robust inspection support, as well as a complete tax calculation engine covering the entire digital asset ecosystem.