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Average Ratings 56 Ratings
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Description
Ensuring adherence to cryptocurrency tax laws involves comprehensive report generation that accurately traces historical data. This process enhances precision and tax efficiency by consolidating tax obligations through Specific Identification on the blockchain, all while remaining fully compliant with IRS regulations. Bittax offers a Tax Planning Algorithm that allows users to prepare for crypto taxes in advance, aiming to minimize their overall tax liabilities. The system diligently monitors all FIAT transactions, correlating them with crypto activities and inventory to produce an effective Anti-Money Laundering (AML) report. Furthermore, it meticulously tracks the user's blockchain transactions from the very first transaction, providing a thorough analysis of their complete activity history, which spans from the initial FIAT-to-crypto exchange to their current asset holdings. Additionally, it generates a comprehensive graphical report that highlights discrepancies and identifies any missing data. This holistic approach not only simplifies the tax filing process but also empowers users to make informed financial decisions regarding their cryptocurrency investments.
Description
Make tax reporting easy, reliable and accurate with Koinly. Simply connect your exchange accounts / public addresses and let Koinly calculate your capital gains, then generate a tax report for next year. Your final report is accepted by your tax agency and easy to print & file.
Koinly is an accounting and tax reporting software for cryptocurrency investors, hobbyists and accountants. With over 700 integrations, Koinly supports over 400 Exchanges, 100 Wallets and over 170 Blockchains. This makes it easier for you to get the most out of your crypto capital gains.
All your transactions in one place
No more going back and forth between different accounts and wallets. Easily sync your data to Koinly and get a complete picture of all your trading activity.
Easily track your crypto assets & taxes
View your total holdings and portfolio growth over time - across all your wallets and accounts - along with your tax liabilities.
Easily find and fix issues with your transactions
Say goodbye to absurd gains and inaccurate tax reports. Koinly is packed with tools to help you find problems with your transactions.
Reliable cryptocurrency tax reports
Preview your capital gains and taxes for free and generate tax documents.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Bitstamp
Yes
AscendEX
Yes
Bitfinex
Yes
Coinbase
Yes
Gemini
Yes
Kraken
Yes
KuCoin
Yes
Poloniex
Yes
BitGo
No
Bithumb
No
Integrations
Bitstamp
Yes
AscendEX
Yes
Bitfinex
Yes
Coinbase
Yes
Gemini
Yes
Kraken
Yes
KuCoin
Yes
Poloniex
Yes
BitGo
Yes
Bithumb
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Free
Koinly gives you more for less, with a generous free plan that features 10,000 transactions and support for over 700+ integrations including DeFi and NFTs.
Koinly also offer annual plans for when you are ready to generate your tax report:
* $49 for 100 transactions
* $99 for 1,000 transactions
* $179 for 3,000 transactions
* from $279 for 10,000+ transactions
Koinly also offer annual plans for when you are ready to generate your tax report:
* $49 for 100 transactions
* $99 for 1,000 transactions
* $179 for 3,000 transactions
* from $279 for 10,000+ transactions
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Bittax
Founded
2017
Country
Israel
Website
www.bit-tax.com
Vendor Details
Company Name
Koinly
Founded
2018
Country
United Kingdom
Website
koinly.io
Product Features
Crypto Tax
Automated Data Import
No
Exchange Integration
No
Export Transactions
No
Historical Prices
No
Income Overview
No
Margin & Futures Support
No
Profit & Loss / Cap Gains
No
Staking / Lending / DeFi Support
No
Tax Form Generation
No
Tax Loss Harvesting
No
Wallet Integration
No
Product Features
Corporate Tax
Compliance Management
No
Data Import / Export
Yes
Data Verification
Yes
Electronic Filing
No
Exception Notification
No
For Nonprofits
No
For Partnerships
No
K-1 Reporting
No
Payroll & Employer Forms
No
Status Tracking
No
Tax Planning
No
Crypto Tax
Automated Data Import
Yes
Exchange Integration
Yes
Export Transactions
Yes
Historical Prices
Yes
Income Overview
Yes
Margin & Futures Support
Yes
Profit & Loss / Cap Gains
Yes
Staking / Lending / DeFi Support
Yes
Tax Form Generation
Yes
Tax Loss Harvesting
Yes
Wallet Integration
Yes
Tax Practice Management
Approval Process Control
No
Billing & Invoicing
No
Client Management
Yes
Client Portal
Yes
Document Management
No
Due Date Tracking
Yes
Scenario Planning
No
Tax Filing
Yes
Tax Forms
Yes
Workflow Management
Yes
