How does this crypto tax platform calculate gains and losses across transactions and exchanges?

It calculates cryptocurrency gains and losses across wallets and exchanges, generating reports for tax compliance.

Does this cryptocurrency tax software calculate gains and losses for investors?

Yes, this cryptocurrency tax software calculates capital gains, losses, and transaction histories to simplify reporting and ensure regulatory compliance.

How can TaxBit help in automating cryptocurrency tax compliance and accounting?

TaxBit automates cryptocurrency tax reporting, compliance, and accounting for individual and business users.

How does this cryptocurrency tax platform simplify reporting and compliance for digital assets?

Cryptocurrency tax platforms simplify reporting and compliance by tracking digital asset transactions and generating accurate tax forms.

What solutions does this platform provide for managing cryptocurrency taxes and reporting?

The platform manages cryptocurrency taxes and reporting by tracking transactions, calculating liabilities, and generating compliance reports.

Reviewed · Updated 2026-06-19

taxbit

Cryptocurrency tax and accounting software for compliance reporting.

Reviewed by the Conversion Gems editorial team · 2026-06-19

Try taxbit

Pricing

Free Trial

Best for

Crypto investors

Community ratings

3.6/ 5 aggregate · across 1 source

Trustpilot

3.6370+ reviews

Third-party ratings shown verbatim; aggregate weighted by review volume.

What it really is

TaxBit — enterprise digital-asset tax compliance infrastructure for exchanges, fintechs, and government agencies.

Our take

DB lists TaxBit as consumer crypto tax software at $50/mo with a free trial — all three are wrong. TaxBit shut down its consumer platform on October 30, 2023 and pivoted entirely to enterprise and government compliance infrastructure. It now serves exchanges (Binance, Gemini, PayPal, Revolut), Fortune 500 firms, and public-sector agencies with automated 1099-DA/1042-S reporting, global CARF/DAC8 compliance, and a Subledger Accounting Suite. Pricing is custom/quote-only with no public tiers.

Why we rate it

TaxBit is trusted by some of the largest names in crypto (Binance, Gemini, PayPal, Google) and has reconciled over $500B in digital-asset transactions. Built by CPAs and tax attorneys, it covers the full compliance chain from transaction ingestion to regulatory filing — a genuinely rare combination.

The catch

Zero consumer offering since late 2023. No public pricing means zero transparency for prospective buyers, and the sales/demo-led process adds friction for smaller enterprises. Not a fit for individual investors or small teams.

Best for

Crypto exchanges and fintech platforms needing automated 1099-DA / CARF compliance

Government agencies and regulators investigating digital-asset financial crimes

Enterprise finance teams managing multi-jurisdiction digital-asset reporting

Not good for

Individual crypto investors — consumer platform was shut down in 2023

Small accounting firms or freelancers seeking affordable per-user crypto tax tools

Teams wanting self-serve onboarding with transparent published pricing

Friction report

Time to value

Slow: enterprise sales cycle with demo required before any access; implementation and integration typically take weeks.

Scale breakpoint

Pricing and complexity scale with transaction volume and jurisdictions — global compliance across 70+ jurisdictions requires significant implementation effort.

Walled garden

High: custom contracts, proprietary subledger and reporting infrastructure; migrating out requires full data exports and rebuilding workflows elsewhere.

A look inside

Frequently Asked Questions

Alternatives

Step up

Custom-built in-house compliance stack for highest-volume platforms with unique regulatory requirements.

Lighter alternative

Koinly or CoinLedger for individual investors or small teams needing self-serve crypto tax reporting at published flat rates.

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