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Taxbit Review

3

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
IT Infrastructure, Blockchain Software

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Description of Taxbit

TaxBit’s cryptocurrency tax software was developed by industry leading blockchain CPA’s and cryptocurrency tax attorneys. TaxBit allows you to easily connect over one hundred cryptocurrency exchanges to your TaxBit account, run your transactions through the U.S. tax code, manage your portfolio with the most advanced crypto portfolio tracking analytics, produce a full audit trail showing exactly how gains/losses are calculated, claim the capital loss deduction, and produce your IRS 8949 cryptocurrency tax forms.

Reviews

Global ratings 3
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Type of review

Revainrating 5 out of 5

A Powerful, Easy-to Use Tool Helping My Business

I love TaxBit because it is easy to use and does what we need it do in our business. They have excellent customer service as well. Nothing! It's great but they're so busy that sometimes I feel like I'm holding up my progress while I wait for someone to respond or resolve my issue. We've been using this product for about 2 years now. It's very effective at keeping track of all income/expense related to cryptocurrencies within our organization. I like that it's easy for me as an individual trader

Pros
  • Easy to Use Interface
  • Very user friendly; no problems navigating.
  • Great support team, quick responses when needed with solutions provided without delay once reached by email (or telephone) during weekend hours which was not too bad considering how often issues arise from time zones etc
Cons
  • Nothing

Revainrating 5 out of 5

Great Tax Software For Small Business Owners

The interface is very user friendly - easy to use and navigate. It's intuitive as well which makes it easier for users who aren't familiar with cryptocurrencies or taxes in general. I like that there isn't much of an learning curve. You can get up-to speed quickly once they walk you through the basics. There wasn't anything I didn't like about this product but if you're looking into using something similar then give them a try first! We've been able to figure out what we owe and be more…

Pros
  • Simple
  • Comprehensive, all inclusive reporting/payroll options available directly from Xero platform (as opposed other providers)
  • Flexible setup option allows us full customization without any programming skills required.
  • Support team are great at responding promptly & clearly explaining how things work
Cons
  • Almost everything is ok

Revainrating 5 out of 5

Excellent cross platform desktop app with great customer service

I like that it's easy enough for anyone who is not technical savvy to use but also has features that make more experienced users feel at home. It seems to be pretty stable as far as crashes go. The team behind this project really cares about their product and its success. They're always looking out for ways to improve or enhance the program in any way they can. If there's an issue, it gets fixed right away! Their support staff is amazing too- very quick to respond when needed and helpful if…

Pros
  • Easy interface
  • Lots o' options available within one system.
  • Support from devs/community members are extremely responsive whenever something goes wrong with code release(eithin 10 mins usually)
  • Free app which does what you need
  • no monthly fees just good old fashioned hard earned money :)
  • Great customer service!!!!!1..seriously.they do great work.They take care each other ,and most importantly your