Full Report Calculation - an accurate historical data tracing. Maximizes accuracy and tax efficiency while consolidating your tax liability by performing Specific Identification on the blockchain. Fully compliant with the IRS regulation. Pre-plan crypto taxes with Bittax’s Tax Planning Algorithm to consolidate an optimal crypto tax liability.
Tracks all FIAT entry and exit points, matching information with crypto activity and inventory to create a useful AML report. The system tracks the user's real-time blockchain transactions back to the first transaction, analyzing the user's full activity history from the source of the first FIAT-crypto transaction until real-time assets holdings.
Tax Authorities tool computes gains and/or losses, indicates discrepancies and missing data and produces a report, which includes tracked cost basis, assets type, amount, date, value, transaction source, transaction classification and generate various reports, including assets segmentation by tax years and blockchain audit trail.
Ensures full compliance for mandatory report filling requirements, for exchanges and
third-party network payments.
Provides high activity volume ledgers supporting audit, as well as up to six optional algorithm-lanes for tax optimized calculation and future tax-planning.
A detailed discrepancies and missing data analysis graphical report. The report presents all discrepancies, including indications that the taxpayer did not report all his crypto addresses, summary, and evaluation of the missing or inconsistent information.
Building a user's profile based on blockchain analysis. The user profile includes: Automatically add associate addresses, scope of activity, inventory, trades, exchange deposits and withdrawal, third party engagement addresses, crypto holding value, historical transaction value in USD, multi-sig and lightning network transaction, build a separate profile to every suspected third-party address to scoping its activity.
Popular supported exchanges
we support over 250+ exchanges
Popular supported cryptocurrencies
we support over 4000+ cryptocurrencies
And be one of the first who gets to enjoy the new standard of crypto filing: easier, safer and fully compliant