CoinsTax
CoinsTax, founded in 2013, operates BitcoinTaxes—a cloud-based cryptocurrency tax calculation platform serving individual crypto traders, investors, and tax professionals across the US, Canada, UK, Germany, Australia, and Sweden, computing capital gains from 20+ exchanges and generating IRS Form 8949 reports.
- Company typePrivate
- Founded2013
- HeadquartersSeattle, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What CoinsTax does
CoinsTax LLC, operating under the brand BitcoinTaxes, is a Seattle-based private software company that runs a cloud-based cryptocurrency tax calculation platform. Founded in 2013 by CEO Colin Mackie, the platform imports transaction history directly from more than 20 cryptocurrency exchanges (Coinbase, Binance, Bitstamp, Kraken, Gemini, KuCoin, Crypto.com, Bitfinex, and others) via built-in API connectors and CSV uploads, then computes capital gains and losses using FIFO, LIFO, average costing, or specific identification methods. Output includes IRS Form 8949 in PDF and attachable-statement formats, Schedule D data, and exports compatible with TurboTax, TaxACT, H&R Block, Drake Software, and CCH. A separate Chain Glance partnership extends coverage to DeFi positions across 50+ blockchains including Ethereum, Polygon, Solana, Arbitrum, and Optimism. Multi-jurisdiction tax treatment is supported for the US, Canada, UK, Germany, Australia, and Sweden. As of December 2024 the platform has imported over 100 million transactions and calculated approximately 1 billion capital gains results.
The company's revenue model is built on per-tax-year software subscriptions billed annually, with a free tier (up to 20 transactions), consumer tiers running from $59.95 (Premium, 1,000 transactions) to $679+ (unlimited Trader plan), and dedicated professional licenses at $375/year (Tax Professional, single user with unlimited clients) and from $349/user (Tax Firm, multi-seat). A separate $150/hour offering covers custom data processing and reconciliation consultancy for complex cases. Distribution is primarily self-serve through the bitcoin.tax website, supplemented by direct exchange API integrations, downstream tax-software imports, and a channel of crypto-knowledgeable tax professionals (including Gordon Law for US full-service preparation and Metrics CPA for Canada) plus the CRYPTOCPA.TAX professional directory. The company is bootstrapped with no disclosed institutional funding rounds.
CoinsTax is a small-cap operation (11-50 employees, single headquarters at 1700 Westlake Ave N, Seattle) focused almost exclusively on cryptocurrency tax compliance. Its competitive moat rests on first-mover brand recognition since 2013, the depth of its exchange and blockchain integrations, and tooling such as the December 2024 Safe Harbor module for IRS Rev. Proc. 2024-28 that handles wallet-by-wallet allocation for the 2025 tax year transition.
CoinsTax firmographics
Firmographics- Name
- CoinsTax
- Legal name
- CoinsTax LLC
- Website
- https://bitcoin.tax
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CoinsTax, founded in 2013, operates BitcoinTaxes—a cloud-based cryptocurrency tax calculation platform serving individual crypto traders, investors, and tax professionals across the US, Canada, UK, Germany, Australia, and Sweden, computing capital gains from 20+ exchanges and generating IRS Form 8949 reports.
- Ownership category
- akta.pro rank
CoinsTax industry classification
Industry- Product category
- Cryptocurrency Tax Software
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)
- akta.pro primary industry
- Tax Planning & Personal Tax Optimization Tools (FSAGADAJ)
Keywords
Where CoinsTax is headquartered
LocationHeadquarters
- HQ city
- Seattle
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
CoinsTax business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Subscription (Per Tax Year): Annual subscription licenses sold per tax year. Users purchase access to process transactions for a specific tax year. Plans range from free tier (20 transactions) to premium tiers (1,000-10,000 transactions) and trader plans (50,000 to unlimited transactions). One-time charge per tax year.
- Professional Plan Licenses: Tax professional and firm plans sold as annual subscriptions. Single registered user (Tax Professional) or multi-user plans (Tax Firm) with unlimited client management capability. Includes Drake and CCH report generation.
- Full-Service Tax Preparation: Partnership with Gordon Law (US) and Metrics CPA (Canada) for complete tax return preparation. Users are billed directly by the tax professional at hourly rates. Bitcoin.Tax receives referral/partner revenue.
- Data Processing Services: Custom data processing and consultancy services for complex crypto tax situations. Charged at $150/hour for data import, reconciliation, and capital gains calculation assistance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Annual | Free - Up to 20 transactions |
| Subscription | Annual | Premium - Up to 1,000 transactions |
| Subscription | Annual | Premium Extra - Up to 5,000 transactions |
| Subscription | Annual | Deluxe - Up to 10,000 transactions |
| Subscription | Annual | Trader (50k) - Up to 50,000 transactions |
| Subscription | Annual | Trader (100k) - Up to 100,000 transactions |
| Subscription | Annual | Trader (250k) - Up to 250,000 transactions |
| Subscription | Annual | Trader (500k) - Up to 500,000 transactions |
| Subscription | Annual | Trader (1M) - Up to 1,000,000 transactions |
| Subscription | Annual | Trader (unlimited) - Unlimited transactions |
| Subscription | Annual | Tax Professional - Single user, unlimited clients |
| Subscription | Annual | Tax Firm - Multiple users, unlimited clients |
| Usage-based | Pay-as-you-go | Data Processing Services |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
CoinsTax product offering
Product offeringCore offering
CoinsTax operates Bitcoin.Tax (BitcoinTaxes), a cloud-based cryptocurrency tax calculation platform that imports transaction data from 20+ exchanges via API and CSV, calculates capital gains and losses using FIFO, LIFO, average costing, or specific identification methods, and generates IRS Form 8949, Schedule D, and exports compatible with TurboTax, TaxACT, H&R Block, Drake Software, and CCH. The offering extends to professional tier subscriptions for CPAs and accounting firms managing unlimited clients, a Safe Harbor tool for IRS Rev. Proc. 2024-28 compliance, and full-service tax preparation delivered via partnered CPAs in the US and Canada.
Product overview
CoinsTax (operating as BitcoinTaxes) is a cryptocurrency tax calculation platform consisting of a core web application supplemented by several add-on services. The core BitcoinTaxes platform calculates capital gains and losses from cryptocurrency transactions using FIFO, LIFO, and average costing methods, and exports reports to tax software. The product suite also includes Safe Harbor tooling for IRS compliance, full-service tax preparation delivered through partnered CPAs and tax attorneys in the US and Canada, a Crypto Tax Directory listing qualified professionals, Audit Defense and Data Processing consultancy add-ons, the BitcoinTaxes Podcast for educational content, and a third-party portfolio tracking partner called Chain Glance.
Differentiator
Problem solved
Functional benefit
Products and services
- BitcoinTaxes (Bitcoin.Tax) Core Platform Cloud-based cryptocurrency tax calculation platform that imports transaction data from 20+ exchanges via API or CSV, calculates capital gains and losses using FIFO, LIFO, average costing, or specific identification methods, and produces IRS Form 8949, Schedule D, and exports compatible with TurboTax, TaxACT, H&R Block, Drake Software, and CCH. Sold on a per-tax-year subscription basis for individual crypto traders and investors.
- Tax Professional and Tax Firm Plans Annual subscription packages for tax professionals and accounting firms that allow managing unlimited clients, entering client transactions, performing calculations, and downloading Drake Software and CCH compatible reports. Available as Tax Professional (single registered user, $375/12 months) and Tax Firm (multiple registered users, from $349 per user/12 months).
- Safe Harbor Tool IRS Rev. Proc. 2024-28 compliant tool that lets US users move and allocate crypto lots between wallets or accounts using specific unit allocation or global allocation methods, ensuring recorded balances match actual wallet balances as of January 1, 2025 for the new wallet-by-wallet tracking requirement.
- Full Tax Preparation Service Done-for-you crypto tax preparation service delivered through partnered tax attorneys, CPAs, and enrolled agents in the US (Gordon Law) and Canada (Metrics CPA), covering tax return preparation and filing, staking/airdrop income, FATCA/FBAR reporting, and consultations.
- Crypto Tax Professional Directory Searchable directory hosted at cryptocpa.tax that lists self-registered crypto-knowledgeable tax attorneys, CPAs, and accountants, with free standard entries and paid enhanced listings offering top placement.
- Audit Defense Service Service offering audit defense support for cryptocurrency tax filers through the Accountants section of the Bitcoin.Tax platform.
- Data Processing and Consultancy Services Custom data processing and consultancy for importing data, reconciling transactions, calculating capital gains, and processing large data sets, billed at $150 per hour.
Quantifiable outcome
- Over 100 million cryptocurrency transactions imported
- +3 more outcomes
Companies that use CoinsTax
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles1 record
CoinsTax technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration34 records
Feature6 records
CoinsTax partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and supporting.
- Gordon LawcorePartnership with Gordon Law (led by Andrew Gordon, crypto tax attorney since 2014) for full-service tax preparation in the US. Gordon Law prepares and files cryptocurrency tax returns and provides 30-minute consultations for tax planning and advice.
- Metrics Chartered Professional AccountingcorePartnership with Metrics CPA (Victoria, BC) for full-service preparation in Canada. Services include cryptocurrency calculations for individuals or corporations and full tax compliance requirements (T1s, T2s, T2057s, T1135s).
- Chain GlancesupportingPortfolio tracker partnership for multi-chain DeFi monitoring. Chain Glance tracks assets across 50+ blockchains and exports transaction history as CSV for import into Bitcoin.Tax's dedicated Chain Glance importer.
- CRYPTOCPA.TAXsupportingCrypto tax professional directory at CRYPTOCPA.TAX lists crypto-knowledgeable CPAs, tax attorneys, and accountants. Free standard entries, paid enhanced entries with top placement. Connects users with tax professionals.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
CoinsTax competitors and assessment
Company assessmentDirect peers
- Koinly: Koinly is a leading crypto tax calculator with broad jurisdiction support and exchange/wallet integrations, directly comparable to Bitcoin.Tax on features, pricing tiers, and customer segments (retail + tax professionals).
- CoinTracker: CoinTracker is the most well-funded direct competitor to Bitcoin.Tax, offering consumer and professional crypto tax calculation with exchange/wallet integrations. It is the closest head-to-head in self-serve SaaS crypto tax, sharing the same PLG funnel and accountant-channel positioning.
- ZenLedger: ZenLedger is a crypto tax software platform with exchange/wallet integrations and capital gains calculation, competing for the same individual and tax professional customers as Bitcoin.Tax with overlapping feature set and pricing model.
- CoinLedger: CoinLedger (formerly CryptoTrader.Tax) is a self-serve crypto tax platform with a freemium model and per-year pricing similar to Bitcoin.Tax, targeting the same individual trader and tax professional segments with broad exchange import coverage.
- CryptoTaxCalculator: CryptoTaxCalculator provides crypto tax calculation with extensive exchange and wallet integrations, addressing the same retail trader and accountant customer base with a comparable subscription pricing structure.
- Recap: Recap is a UK-focused crypto tax tool supporting HMRC rules and multiple exchanges, directly comparable to Bitcoin.Tax's UK support and targeting similar self-serve users and accountants with crypto tax calculation.
- TokenTax: TokenTax combines crypto tax software with full-service CPA preparation, paralleling Bitcoin.Tax's combination of self-serve tax calculation (Bitcoin.Tax) and partner-led full-service prep (Gordon Law / Metrics CPA).
Broad incumbents
- TaxBit: TaxBit is a venture-backed crypto tax and accounting platform that competes via enterprise-grade compliance and direct integrations with major US exchanges, a broader incumbent in the same crypto tax category as Bitcoin.Tax but with a wider B2B product portfolio.
- TurboTax (Intuit): TurboTax is a broad consumer tax preparation incumbent that integrates Bitcoin.Tax's capital gains exports (along with Koinly and CoinTracker). It is comparable as the downstream filing destination for Bitcoin.Tax-generated forms but does not directly compete on crypto-specific calculation.
Regional players
- Blockpit (formerly Accointing): Blockpit is an Austria-based crypto tax and portfolio tracking platform with strong European (especially DACH) presence. It overlaps with Bitcoin.Tax on Germany/UK support but is the primary regional alternative in continental Europe.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
CoinsTax social profiles
Digital presenceCoinsTax financial estimates
Financial estimateRevenue estimate
Valuation estimate
CoinsTax leadership team
Management profileNumber of profiles
Profiles1 record
CoinsTax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CoinsTax M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CoinsTax
What does CoinsTax do?
CoinsTax operates Bitcoin.Tax (BitcoinTaxes), a cloud-based cryptocurrency tax calculation platform that imports transaction data from 20+ exchanges via API and CSV, calculates capital gains and losses using FIFO, LIFO, average costing, or specific identification methods, and generates IRS Form 8949, Schedule D, and exports compatible with TurboTax, TaxACT, H&R Block, Drake Software, and CCH. The offering extends to professional tier subscriptions for CPAs and accounting firms managing unlimited clients, a Safe Harbor tool for IRS Rev. Proc. 2024-28 compliance, and full-service tax preparation delivered via partnered CPAs in the US and Canada.
Is CoinsTax a public or private company?
CoinsTax is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CoinsTax founded?
CoinsTax was founded in 2013. It employs 11 to 50 people.
Where is CoinsTax based?
CoinsTax is headquartered in Seattle, United States, in the North America region.
How does CoinsTax make money?
Four revenue lines are on record. Software Subscription (Per Tax Year) is the primary driver. The others are professional Plan Licenses, full-Service Tax Preparation and data Processing Services.
Who are CoinsTax's main competitors?
Direct peers on record are Koinly, CoinTracker, ZenLedger, CoinLedger, CryptoTaxCalculator, Recap and TokenTax. Broad incumbents are TaxBit and TurboTax (Intuit). Blockpit (formerly Accointing) is listed as a regional player.
Does CoinsTax have an API?
No public API is recorded for CoinsTax.
What industry is CoinsTax in?
CoinsTax's product category is Cryptocurrency Tax Software. Its primary akta.pro industry code is FSAGADAJ, Tax Planning & Personal Tax Optimization Tools. Its NAICS code is 54121.