Average Ratings 1 Rating

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Average Ratings 1 Rating

Total
ease
support

Description

The solution scales to meet your cryptocurrency accounting and tax requirements. Cryptoworth offers infrastructure-level solutions that can provide the most complex services, such as transaction reconciliation, cost analysis, tax, tracing and transaction auditing.

Description

If you have engaged in the buying, selling, earning, receiving, or any other form of acquiring digital currencies within a particular tax year, it's highly likely that you must report any profits or losses on your tax return. If there's any uncertainty regarding your obligations, consulting with the Inland Revenue or your accountant is advisable. In New Zealand, the Inland Revenue classifies digital currencies as a category of property. Their guidelines for cryptocurrency taxation specify that profits or losses must be assessed using the First in First Out method, converting values into New Zealand Dollars at the time of each trade, even when the transactions are between different cryptocurrencies. This process can be quite complex and may require several days to sort through, even with just a few trades. If you've incurred a loss, it could potentially be deducted from your income tax, providing some relief. Our advanced algorithms simplify this process by automating the necessary currency conversions and calculating your trading and mining profits and losses in line with Inland Revenue's regulations. Simply provide us with your exchange exports and mining addresses, and we will handle the rest to ensure your compliance and accuracy. This way, you can focus on your investments without the tax-related stress.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Binance Yes 
Exodus Yes 
Bitstamp No 
Arbitrum Yes 
Base Yes 
BitGo Yes 
Coinbase Yes 
Copper Yes 
Independent Reserve No 
Kraken No 
MetaMask Yes 
NetSuite Yes 
Optimism Yes 
Polygon Yes 
Sage 100 Yes 
Starknet Yes 
TRON Yes 
Trust Wallet Yes 

Integrations

Binance Yes 
Exodus Yes 
Bitstamp Yes 
Arbitrum No 
Base No 
BitGo No 
Coinbase No 
Copper No 
Independent Reserve Yes 
Kraken Yes 
MetaMask No 
NetSuite No 
Optimism No 
Polygon No 
Sage 100 No 
Starknet No 
TRON No 
Trust Wallet No 

Pricing Details

259
Free Trial No 
Free Version Yes 

Pricing Details

$99 per tax year
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
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 No 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Cryptoworth

Founded

2017

Country

Canada

Website

cryptoworth.com

Vendor Details

Company Name

Taxoshi

Founded

2014

Country

New Zealand

Website

taxoshi.com

Product Features

Crypto Tax

Automated Data Import Yes 
Exchange Integration Yes 
Export Transactions Yes 
Historical Prices Yes 
Income Overview Yes 
Margin & Futures Support No 
Profit & Loss / Cap Gains Yes 
Staking / Lending / DeFi Support Yes 
Tax Form Generation No 
Tax Loss Harvesting No 
Wallet Integration Yes 

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 

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