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What is CryptoPrep?

Take control of your cryptocurrency tax responsibilities with CryptoPrep, a trusted service developed in collaboration with EY, a prominent leader in taxation. The complexities surrounding cryptocurrency tax preparation can be overwhelming, but with EY CryptoPrep, your tax assessments are performed using advanced, institutional-level techniques that comply with the latest IRS guidelines, guaranteeing that your Form 8949 is accurate and trustworthy. For more than a century, Fortune 500 companies have relied on EY, establishing it as a respected authority in tax issues. By choosing EY CryptoPrep, you gain the confidence to navigate the often perplexing world of crypto taxes, assured that your financial obligations are backed by the reputable EY brand. The platform offers a comprehensive, step-by-step guide through your crypto tax process, complete with precise calculations of your capital gains and losses, which helps you clearly understand how your tax obligations are calculated while ensuring that no detail is missed. Let us alleviate the stress of managing your crypto taxes so you can concentrate on what truly matters in your life. With our committed assistance, you can approach your financial duties with both simplicity and confidence, ultimately empowering you to make informed decisions about your investments.

What is Bitwave?

Bitwave provides a comprehensive suite for bookkeeping and accounting, facilitating tax tracking, invoicing, and bill payments. It streamlines the process of monitoring returns on investments in DeFi and effectively manages your digital asset treasury. Calculating taxes for cryptocurrencies and DeFi can often prove challenging, especially when businesses engage in crypto transactions, necessitating careful tracking of cost basis and associated tax implications. Bitwave serves as an all-in-one solution for crypto and DeFi tax management, making quarterly accounting much more straightforward. By integrating your blockchain activities with your accounting systems, our enterprise digital asset platform ensures you can easily prepare for crypto-related taxes. Additionally, we accommodate both cost averaging and specific identification methods, allowing you to generate reports for each to identify the most advantageous tax approach. Furthermore, our platform incorporates mark-to-market adjustments to accurately reflect your current holdings alongside any crypto gains or losses, thus enhancing your overall financial clarity.

Media

Media

Integrations Supported

Anchorage Digital
Canton
Cisco Prime Network
Coinbase
Kraken
NYDIG
NetSuite
QuickBooks Online
SAP Internet of Things
Sage Intacct
ServiceNow Integrated Risk Management
SushiSwap
Uniswap
Xero

Integrations Supported

Anchorage Digital
Canton
Cisco Prime Network
Coinbase
Kraken
NYDIG
NetSuite
QuickBooks Online
SAP Internet of Things
Sage Intacct
ServiceNow Integrated Risk Management
SushiSwap
Uniswap
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

$49
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

EY

Date Founded

1989

Company Location

United Kingdom

Company Website

caat.eastus.cloudapp.azure.com

Company Facts

Organization Name

Bitwave

Date Founded

2018

Company Location

United States

Company Website

www.bitwave.io

Categories and Features

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Categories and Features

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

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