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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 Ledgible?

The Ledgible Platform is a specialized solution for cryptocurrency tax and accounting, tailored for professionals in the field. We simplify crypto transactions with Ledgible. Globally, financial institutions, corporations, and accounting firms rely on the Ledgible platform to handle crypto tax, accounting, and auditing for billions in digital assets. Clients looking for reliable financial reporting and verification can trust Ledgible to provide the necessary tools to incorporate cryptocurrency into their practices with confidence. Ledgible features three distinct products: Ledgible Crypto Tax Pro, Ledgible Accounting, and Ledgible Crypto Consumer Tax. Our suite of crypto tax products is meticulously crafted as a professional-grade solution aimed at tax and accounting experts. Notably, we stand out as the sole provider integrated with all major professional tax software solutions, ensuring seamless operation. Additionally, our institutional accounting division focuses on developing customized solutions for organizations eager to incorporate cryptocurrency into their existing frameworks. This dual approach reinforces our commitment to meeting the evolving needs of the financial landscape.

Media

Media

Integrations Supported

Bitstamp
Binance
Kraken
Poloniex
Bibox
BitPrime
Blockchain.com
DigiShares
Easy Crypto
Exodus
Gemini
HTX
HitBTC
Independent Reserve
OKX
QuickBooks Online
QuickBooks Online Advanced

Integrations Supported

Bitstamp
Binance
Kraken
Poloniex
Bibox
BitPrime
Blockchain.com
DigiShares
Easy Crypto
Exodus
Gemini
HTX
HitBTC
Independent Reserve
OKX
QuickBooks Online
QuickBooks Online Advanced

API Availability

Has API

API Availability

Has API

Pricing Information

$99 per tax year
Free Trial Offered?
Free Version

Pricing Information

Free
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

Taxoshi

Date Founded

2014

Company Location

New Zealand

Company Website

taxoshi.com

Company Facts

Organization Name

Ledgible

Date Founded

2016

Company Location

United States

Company Website

ledgible.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

Corporate Tax

Compliance Management
Data Import / Export
Data Verification
Electronic Filing
Exception Notification
For Nonprofits
For Partnerships
K-1 Reporting
Payroll & Employer Forms
Status Tracking
Tax Planning

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

Tax Practice Management

Approval Process Control
Billing & Invoicing
Client Management
Client Portal
Document Management
Due Date Tracking
Scenario Planning
Tax Filing
Tax Forms
Workflow Management

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