Crypto tax calculation and reporting

AIThis description was written by a model from public signals. The facts behind it are listed under Evidence.

Problem

Cryptocurrency holders need to calculate their tax liability from transactions across multiple wallets, exchanges, and blockchains, but doing so manually is error-prone and time-consuming. Existing solutions may not integrate well with all wallet and exchange types, or may impose high costs.

Solution concept

A more comprehensive tax solution that automatically imports transaction data from a wider range of wallets, exchanges, and blockchain explorers, then calculates tax liability using different cost basis methods and produces reports suitable for filing. It would reduce manual work and integrate with more data sources than existing tools.

Who has it

Individual cryptocurrency investors and traders who hold assets across multiple wallets and exchanges and must file taxes in jurisdictions that tax crypto transactions.

How they handle it today

Today, users likely manually export transaction histories from each wallet and exchange, compile them into a spreadsheet, and either calculate gains and losses by hand or use a specialized crypto tax tool that may require paying per transaction or per year.

Why now

Cryptocurrency adoption has grown significantly, leading more retail and institutional investors to hold crypto assets. Tax authorities worldwide are increasing enforcement on unreported crypto gains, making tax compliance more urgent for holders.

How it could charge

Subscription pricing based on number of transactions per year, per-transaction fees, freemium model with premium features (e.g., advanced reporting, priority support), or one-time annual tax year filing fees.