TaxBit
Aggregates digital asset transactions, user profiles, and compliance data from multiple exchanges, wallets, and platforms.
What is TaxBit?
TaxBit brings together tax information & compliance reporting and accounting and erp subledger integration. Automates generation of information reporting forms and digital asset tax calculations. Maps digital asset transactions directly to Chart of Accounts structures within enterprise ERP systems.
Its documented workflow includes: Users or enterprise clients access the platform through web interfaces or REST APIs authenticated via bearer tokens and OAuth endpoints (/oauth/token). Transaction history and compliance data can be synced via direct API integrations with supported exchanges and wallets, uploaded manually through CSV files, or collected via embeddable React/browser SDKs for tax documentation (such as W-9, W-8BEN, W-8BEN-E). Aggregates digital asset transactions, user profiles, and compliance data from multiple exchanges, wallets, and platforms.
The platform documentation describes wallet access this way: Supports connection to third-party custodial exchange accounts as well as direct tracking of non-custodial software/hardware wallets and DeFi/NFT protocols.
Official resources
TaxBit features
Tax Information & Compliance Reporting
Automates generation of information reporting forms and digital asset tax calculations.
Accounting and ERP Subledger Integration
Maps digital asset transactions directly to Chart of Accounts structures within enterprise ERP systems.
Tax Documentation Collection
Gathers, validates, and remediates tax identity verification documents (W-9, W-8BEN, W-8BEN-E) via dedicated SDKs and API endpoints.
Tax-Loss Harvesting
Features tools to identify opportunities to offset gains and minimize tax liabilities.
How to use TaxBit
Account Setup
Users or enterprise clients access the platform through web interfaces or REST APIs authenticated via bearer tokens and OAuth endpoints (/oauth/token).
Data Ingestion
Transaction history and compliance data can be synced via direct API integrations with supported exchanges and wallets, uploaded manually through CSV files, or collected via embeddable React/browser SDKs for tax documentation (such as W-9, W-8BEN, W-8BEN-E).
Data Collection & Syncing
Aggregates digital asset transactions, user profiles, and compliance data from multiple exchanges, wallets, and platforms.
Calculation & Accounting
Automatically computes cost basis, capital gains, and realized losses, mapping activity to specific accounting methods (e.g., FIFO, HIFO, Weighted Average).
Reporting & Filing
Generates required tax forms (such as IRS Form 8949, 1099-B, or other international reporting formats) and year-end XML filings.
Who is TaxBit for?
TaxBit is suited to users looking for tax information & compliance reporting and accounting and erp subledger integration on Jurisdictions. Its documented workflow includes wallet funding and balance management.
Before you use it
- TaxBit is strictly a tax compliance, accounting, and reporting infrastructure tool; it does not execute trades, host memecoin liquidity pools, or function as a memecoin trading platform.
- Accurate output relies heavily on complete data synchronization across all underlying transaction sources; missing historical transfers between wallets can result in "missing cost basis" warnings that require manual reconciliation.
