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What is Taxoshi?

If you've participated in any transactions involving digital currencies, such as buying, selling, or earning them during a specific tax year, it's very probable that you'll need to disclose any resulting gains or losses on your tax return. Should you have any doubts about what is required of you, seeking guidance from the Inland Revenue or your tax professional is recommended. In New Zealand, digital currencies are regarded by the Inland Revenue as a type of property. Their cryptocurrency taxation guidelines dictate that you must evaluate profits or losses based on the First in First Out method, with values converted to New Zealand Dollars at the time of each transaction, even when dealing with various cryptocurrencies. This evaluation can be intricate and may take several days to navigate, particularly if you have multiple trades. In the event that you have suffered a loss, you may be able to offset that against your income tax, which can offer some financial relief. To ease this burden, our sophisticated algorithms can automate the necessary currency conversions and accurately calculate your trading and mining gains and losses in accordance with the guidelines set by the Inland Revenue. By simply supplying your exchange records and mining addresses, we take care of the entire process, ensuring that you remain compliant and precise in your reporting. Ultimately, this allows you to concentrate on growing your investments without worrying about tax-related complications. Additionally, our service provides peace of mind by ensuring that all calculations are done accurately and efficiently, leaving you free to enjoy your ventures in the digital currency space.

What is Fyn?

Discover user-friendly and internationally applicable crypto tax APIs tailored for your business or Web3 initiative. Whether you're an avid crypto trader or a thoughtful investor, we have the perfect solution for your needs. Fyn, previously known as BearTax, has been assisting traders and investors with crypto tax calculations and reporting since 2018. Our APIs are designed to streamline automation, accounting, and reporting processes, making it easier for Web3 enterprises to manage their financial obligations. Experience a mobile-optimized user interface, support for various business models, and a global reach through our comprehensive APIs. By partnering with Fyn, you can effectively enhance the scalability and growth potential of your Web3 investments and business ventures while navigating the complexities of crypto taxation.

Media

Media

Integrations Supported

Bitstamp
Binance
Exodus
Kraken
Poloniex
Easy Crypto
Independent Reserve

Integrations Supported

Bitstamp
Binance
Exodus
Kraken
Poloniex
Abra
BitMEX
Bitfinex
Cash App
CoinSpot
Coinbase
Gate.io
Lykke
MyCrypto
Uphold
coinone

API Availability

API Availability

Has API

Pricing Information

$99 per tax year

Pricing Information

Free
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac
Linux

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub

Company Facts

Organization Name

Taxoshi

Date Founded

2014

Company Location

New Zealand

Company Website

taxoshi.com

Company Facts

Organization Name

Fyn

Date Founded

2018

Company Location

United States

Company Website

fynhq.com

Categories and Features

Crypto Accounting

Not specified

Crypto Tax

Not specified

Categories and Features

Crypto Accounting

Not specified

Crypto Tax

Exchange Integration
Export Transactions
Income Overview
Profit & Loss / Cap Gains
Tax Form Generation

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