Using Specific Identification, we can show you what actually happened on the blockchain by producing fiat-denominated ledgers for your bitcoin and other cryptocurrency accounts. Our process is in-line with IRS guidance and the American Institute of Certified Public Accountants (AICPA) recommendations.
NODE40's Simple Multi-Account Reconciliation Technology (S.M.A.R.T.) tracks your cost basis as you move your cryptocurrency from wallet to wallet including exchanges. S.M.A.R.T. is the best way to reconcile your transaction history.
NODE40's partnership with Sovos means we can offer Business to Government (B2G) compliance for cryptocurrency businesses. If you have 10-Series filing needs for cryptocurrency transactions, we can help.
With our Free Tier, you can get started right away.
Upgrade to one of our paid tiers for advanced features.
Connect to your bitcoin and other cryptocurrency wallets or exchanges and NODE40 Balance will assign cost basis values to all your incoming transactions. NODE40 has eliminated the need to keep track of your transactions in a separate spreadsheet.
Modify your ledgers just like you would in QuickBooks or other accounting software. You can annotate transactions and override cost basis. You can even mark transactions as exempt from income tax. When it is time to share your transaction details with your accountant, your ledger will tell a story that is easy to understand.
Download your IRS forms and worksheets, or give your accountant access to NODE40 Balance. NODE40 Balance generates IRS Form 8949 along with corresponding worksheets so you can feel comfortable your tax submission is backed up by an accurate audit trail. If you have received IRS Letter 6174, 6174-A, 6173, or CP2000, we can help.