Software Alternatives, Accelerators & Startups

Bitwave.io VS TaxBit

Compare Bitwave.io VS TaxBit and see what are their differences

Bitwave.io logo Bitwave.io

Unlock the benefits of holding digital assets with the first finance platform designed specifically to manage cryptocurrency tax, accounting, and compliance.

TaxBit logo TaxBit

TaxBit is an advanced intelligence-based platform that allows getting the detailed overview of tax reports by interacting with digital cryptocurrency rates like Bitcoin, Ethereum, BlockFi, Coinbase, Gemini, and many more with easy-to-use exchanging …
  • Bitwave.io Landing page
    Landing page //
    2023-10-17
  • TaxBit Landing page
    Landing page //
    2022-06-01

Bitwave.io videos

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TaxBit videos

Crypto Tax Tips 2021 — Taxbit Crypto Tax Software Review

More videos:

  • Review - Crypto Taxes Made Simple | Taxbit Review & Interview w/ Austin Woodward

Category Popularity

0-100% (relative to Bitwave.io and TaxBit)
Cryptocurrencies
19 19%
81% 81
Fintech
8 8%
92% 92
Crypto
12 12%
88% 88
Taxes
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bitwave.io and TaxBit

Bitwave.io Reviews

15 Best Koinly Alternatives 2022
There is a reason why many prefer Bitwave for their crypto taxes. Ahead of Koinly, Bitwave empowers businesses to streamline their back office operations through its out-of-the-box features that simplify workflow while increasing productivity.

TaxBit Reviews

Best Cryptocurrency Tax Software: Complete Guide to the Top Options
TaxBit is a popular cryptocurrency tax platform that was designed by a series of tax attorneys and certified public accountants. Over its years of service, the platform has served thousands of users, thanks to its array of features that include a full audit trail, optimized taxes, the ability to claim capital losses, and more.
Source: blockonomi.com
14 Best Crypto Tax Software to Ease Your Calculation and Be Compliant
TaxBit is integrated with 500+ crypto exchanges, wallets, and DeFi platforms. This crypto has native support only for taxpayers of the United States. However, the platform states that anyone with similar tax regimes can use it.
Source: geekflare.com
15 Best Koinly Alternatives 2022
TaxBit is a complete tax and accounting solution for your digital assets. It is similar to Koinly, just that it helps you achieve compliance and accuracy while operating at a scale of a Big Four grade self-service solution.

Social recommendations and mentions

Based on our record, TaxBit seems to be more popular. It has been mentiond 15 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.

Bitwave.io mentions (0)

We have not tracked any mentions of Bitwave.io yet. Tracking of Bitwave.io recommendations started around Jul 2022.

TaxBit mentions (15)

  • BlockFi 1099B for Tax Year 2022 has inflated value of Proceeds
    If I use the information generated by TaxBit.com, then will I be audited by the IRS, and if so, which side the IRS will side with? Source: about 1 year ago
  • Tax Forms
    Hi there, thank you for visiting our sub! We unfortunately don't have the option to mail the tax forms, but they can be downloaded and printed out directly from the app. In addition, we don't generate tax forms for your Crypto account, but we do provide the CSV file with all of your transactions for the calendar year. To help with reporting your Crypto gains and losses on your taxes, we've partnered with TAXbit.... Source: about 1 year ago
  • Is it legal for US persons to buy or own $IMX?
    Yes, you can own IMX in the US. Use cointracker.io or https://taxbit.com/ to track your transactions and taxes due for the US. Source: over 1 year ago
  • Monthly subscription Tax company failed to file my taxes on time and forces me to stay paying 6 more months
    That's ridiculous. You should have signed a contract before handing over your files. If you were going to end up filing your taxes by yourself even after hiring their services, don't you think you should have tried tax tools? That could have saved your time, money, and energy. There are a lot of tools out in the market like TaxBit and Cointelli and pretty much easy to use. I can't give any particular advice to you... Source: almost 2 years ago
  • Need Help regarding Crypto Tax
    Hey! This is a great article that breaks down the Crypto Tax as a whole and the current laws in the US. TaxBit makes crypto taxes super easy and they have a free plan option for you to try it out first before downloading your tax forms. I used it this year for my taxes and saved myself so much time! Source: almost 2 years ago
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What are some alternatives?

When comparing Bitwave.io and TaxBit, you can also consider the following products

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

NODE40 - NODE40 is an account management platform that provides complete digital currency transaction reports with profits or tax deductions by tracking individual wallets or portfolios with smart algorithms.

ZenLedger - Automated IRS tax calculation & forms for crypto investors

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

TokenTax - Crypto taxes made easy. TurboTax for cryptocurrency.

BitGo - BitGo is a security-as-a-service provider for Bitcoin and digital currency.