TaxBit

TaxBit is the premier AI-enabled information reporting and analytics platform founded in 2018 and built by tax experts, CPAs, tax attorneys, and Big 4 partners to simplify regulatory compliance for the digital economy. Trusted by leading crypto brokers, Fortune 500 companies, financial institutions, and governments worldwide — including PayPal, Google, Binance, Gemini, NYDIG, Marathon, and Zero Hash — TaxBit automates complex, high-volume tax and accounting reporting to enable scalable and audit-ready compliance.

Founded by entrepreneurs frustrated with the near-impossible task of complying with crypto tax reporting requirements, TaxBit envisioned a future where modern API-powered technology automates data ingestion, calculation, and required information and financial reporting for digital assets. The platform has since grown into an enterprise-grade solution serving businesses across the spectrum of digital finance.

Core Products/Services

TaxBit offers two primary solution lines:

Enterprise Tax Suite — An end-to-end automated platform for global information reporting. It handles data ingestion from multiple sources (including self-certifications, W-9/W-8 forms, and account data), automated tax calculations, and compliant form generation across jurisdictions. It supports US reporting frameworks (1099-DA, 1042-S, W-8/W-9), EU frameworks (DAC8/CARF, DAC7/MRDP, CESOP), and other global regimes. The platform is API-first with React-based SDKs and real-time API responses.

Enterprise Accounting Suite — Integrates digital asset transactions (from blockchains like Bitcoin, Ethereum, Solana, Polygon, and others) with existing ERP systems (e.g., NetSuite, QuickBooks). Supports FASB and IFRS standards, custom transaction categorization, multi-entity legal support, principal market analysis, automated gain/loss calculations, and audit-ready reporting certified to SOC 1 Type 2, SOC 2 Type 2, and ISO 27001.

Government Solutions — A dedicated suite for public sector agencies including tax administrations, financial crime authorities, law enforcement, and police. Includes DARTS (Digital Asset Reporting and Tracking Suite) for case management, bulk data analysis for CARF/1099-DA/DAC8 processing, and government accounting tools for asset seizure and tracking.

Key Strengths

• Expert-built by CPAs and local tax experts for unparalleled accuracy at scale
• End-to-end automation from onboarding through form generation and filing
• API-first architecture enables rapid integration with existing systems
• Global compliance coverage across 75+ jurisdictions and OECD CARF framework
• Extensive integration ecosystem covering major blockchains, exchanges, custody solutions, and ERP/accounting platforms
• Security certifications: SOC 1 Type 2, SOC 2 Type 2, ISO 27001
• CARF Regulatory Tracker tool for monitoring implementation across jurisdictions

Notable Clients/Projects

• PayPal — Supports digital asset trading tax compliance at scale for millions of users
• Google — Enterprise tax reporting
• NYDIG, Marathon Digital Holdings, Riot Blockchain — Bitcoin miner accounting
• Zero Hash — Digital asset broker compliance
• Multiple government agencies across tax administrations and law enforcement

Why Choose TaxBit

TaxBit replaces manual and error-prone compliance workarounds with a purpose-built technology platform. Its combination of deep tax expertise, API-first design, global regulatory coverage, and enterprise-grade security certifications makes it the preferred compliance partner for digital asset businesses and government agencies navigating the rapidly evolving regulatory landscape for crypto, blockchain, and tokenized assets.