TaxBit

TaxBit provides a comprehensive enterprise compliance platform designed for tax information reporting and cryptocurrency accounting. The company offers solutions tailored for enterprise tax, enterprise accounting, and the public sector. Key features include the TaxBit Dashboard, which streamlines tax operations, and Digital W9/W8 solutions with automated IRS TIN verification. TaxBit also provides Broker Cost Basis solutions for automated digital asset cost basis calculations and a sub-ledger accounting system specifically for cryptocurrency. The platform integrates with various enterprise resource planning (ERP) systems and offers a crypto pricing service for accurate asset and exchange pricing data. Additionally, it supports compliance with future crypto accounting standards set by the Financial Accounting Standards Board (FASB). TaxBit hosts webinars and events to discuss digital asset regulations and compliance strategies. The platform is trusted by Fortune 500 companies and embraced by regulators, featuring robust security measures, including independent annual audits and controls frameworks. Designed to reduce costs and manual work, TaxBit offers automated information collection and validation, along with real-time, role, and legal-entity-based access to its platform.