Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
HashBooks offers a comprehensive online platform designed for cryptocurrency tax management and portfolio tracking, catering to a diverse audience that includes investors, traders, accountants, tax experts, exchanges, and crypto enterprises. The platform facilitates the importation of transaction data from various supported exchanges and wallets through secure methods such as read-only connections, public addresses, or by uploading CSV and Excel files, subsequently organizing this information within a collaborative ledger. Users have the capability to analyze their cost basis, assess gains and losses, monitor staking activities, and verify report figures against original records. HashBooks is equipped to handle tax calculations and generate filing reports for a total of eight jurisdictions, which encompass the United States, United Kingdom, India, Australia, Canada, Germany, Ireland, and Singapore. Among its features are tools for portfolio management, tax calculations specific to DeFi and NFTs, capabilities for accountant management, as well as API and white-label solutions for business partners. The platform offers a free plan that allows for portfolio tracking and estimated tax summaries for a maximum of 100 transactions and three connections, while its paid plans provide additional benefits such as country-specific filing reports and increased transaction capacity. Additionally, HashBooks ensures that users can easily navigate their tax obligations while maintaining a clear overview of their cryptocurrency investments.
API Access
Has API
No
API Access
Has API
Yes
Screenshots View All
No images available
Integrations
Coinbase
Yes
Kraken
Yes
Bitstamp
Yes
AscendEX
Yes
Binance
No
Bitfinex
Yes
Gemini
Yes
KuCoin
Yes
Poloniex
Yes
Integrations
Coinbase
Yes
Kraken
Yes
Bitstamp
No
AscendEX
No
Binance
Yes
Bitfinex
No
Gemini
No
KuCoin
No
Poloniex
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$99/year
The free plan includes portfolio tracking and estimated tax summaries for up to 100 transactions and three connections; filing reports are not included. Paid plans are billed annually in US dollars and start at $99/year. Higher tiers add filing reports, higher limits, and additional features.
Free Trial
Yes
Free Version
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
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
Yes
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
Yes
Vendor Details
Company Name
Bittax
Founded
2017
Country
Israel
Website
www.bit-tax.com
Vendor Details
Company Name
BlockchainX
Founded
2021
Country
India
Website
www.hashbooks.tax/
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
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