Software Alternatives & Reviews

BearTax VS TokenTax

Compare BearTax VS TokenTax and see what are their differences

BearTax logo BearTax

Calculate and file crypto taxes in simple and easy steps 💸

TokenTax logo TokenTax

Crypto taxes made easy. TurboTax for cryptocurrency.
  • BearTax Landing page
    Landing page //
    2019-02-12
  • TokenTax Landing page
    Landing page //
    2023-05-07

BearTax videos

BearTax Demo - Cryptocurrency Tax Calculation

More videos:

  • Demo - BearTax Demo
  • Review - BearTax CPA Cryptocurrency Tax Suite [Demo]

TokenTax videos

How TokenTax works! Crypto Taxes in 2020

More videos:

  • Review - Automating Crypto Taxes And Harvesting Losses With Zac McClure TokenTax
  • Review - TokenTax: Cryptocurrency Taxes Made Easy

Category Popularity

0-100% (relative to BearTax and TokenTax)
Fintech
32 32%
68% 68
Crypto
29 29%
71% 71
Cryptocurrencies
31 31%
69% 69
Accounting
100 100%
0% 0

User comments

Share your experience with using BearTax and TokenTax. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare BearTax and TokenTax

BearTax Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
Bear.Tax offers users a quick & easy tax filing and computing software that’s designed for the US market, yet is usable in other countries as well. The platform was designed to ensure compatibility with traders, accountants, fund managers, and other forms of cryptocurrency investors. 50+ exchange support, fairly-advantageous pricing plans, automation, and 24/7 customer...
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
BearTax works with FIFO and LIFO systems of reporting. One can upload entries and preview the capital gain/loss without paying anything.
Source: geekflare.com

TokenTax Reviews

14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
That being said, the interface is intuitive. You can integrate many exchanges with API keys. Besides, TokenTax also permits manual entry/CSV upload of transaction data.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TokenTax is user-centered, and at every pricing tier, you get live chat support from its product experts, who are friendly, knowledgeable, and well-rounded.

Social recommendations and mentions

Based on our record, TokenTax should be more popular than BearTax. It has been mentiond 23 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

BearTax mentions (3)

  • Cointracker 8949 and Dashboard not matching
    Cointracker sucks, tried them, cointracking, koinly, bear.tax and all...I ended up using Accointing.com. Source: about 2 years ago
  • Freaking out over crypto taxes
    You are not alone! This happens to everyone. You need a tax automation software that can connect to exchanges and bring the data. I generally use Beartax, as they support Japanese Yen and can support tax period for Japan. Source: over 2 years ago
  • What's the best website to import transactions for tax purposes? I have crypto all over the place and I would really like a platform that just allows me to upload the csv and it handles the rest.
    People were talking up bear.tax a few years ago but I found it wasn't quite fit for purpose for Australian exchanges but they let you do quite a lot for free. They've hopefully improved since then so could be worth a look. Source: about 3 years ago

TokenTax mentions (23)

  • Anyone recommend decent transaction software for SmartBCH (US)?
    Have you checked out TokenTax? https://tokentax.co/. Source: about 2 years ago
  • Kucoin API & CSV records are missing transactions, tax authority requires complete tx record
    I hear https://tokentax.co/ has one of the better software based reconciliation programs. There are others but would be a good place to start. Source: about 2 years ago
  • Taxes
    I've heard good things about Token Tax but I haven't used them yet. You might want to check them out... https://tokentax.co/. Source: over 2 years ago
  • Tax software for tracking Celsius loans and locked collateral?
    You could try Taxbit.com, or tokentax.co. Not sure if they do what you need but just pointing out other services. Source: over 2 years ago
  • Online crypto tax tool compliant with NZ?
    I use https://zapper.fi alot and they are suggesting to use https://tokentax.co/ which I haven't tried yet. Source: over 2 years ago
View more

What are some alternatives?

When comparing BearTax and TokenTax, you can also consider the following products

Koinly - Koinly is the easiest way to monitor your crypto activity & file your taxes.

Accointing - A crypto tax tool with a portfolio tracking platform

CoinTracker - The most trusted cryptocurrency tax and portfolio manager

Blockpit - Keep track of your crypto portfolio & taxes in one place

Drake Tax - Look here first for tools and resources to get the most out of starting with Drake.

Coinpanda - Calculate & file tax reports for Bitcoin and cryptocurrencies. Made for traders and investors.