TokenTax

TokenTax was specifically built to handle the complexity that defeats traditional accounting software — multi-exchange reconciliation across 100+ platforms, DeFi position tracking (liquidity pools, yield farms, lending protocols), NFT creator and collector tax treatment, multi-chain transaction history reconstruction, and cost basis calculation under FIFO, HIFO, and other accounting methods. It is the go-to solution for active DeFi users and NFT traders whose portfolios overwhelm generic tools.

TokenTax offers both — its platform automates crypto tax calculation and report generation, while its CPA team provides full-service filing and advisory support for complex situations. The CPA service starts from $1,500+ and is designed for situations where automated calculation alone is insufficient — such as cost basis reconstruction from incomplete records, DeFi tax dispute analysis, or first-time filers with years of uncategorised transaction history.

TokenTax's software subscriptions range from $65 to $2,500 per year depending on transaction volume and feature requirements. Full-service CPA support starts from $1,500 and scales with the complexity of the portfolio. For individual traders and DeFi users, the software tiers typically suffice; for Web3 companies and very high-volume traders, the full CPA service is usually necessary.

Yes — DeFi tax treatment and NFT tax are explicit focus areas for TokenTax, distinguishing it from most crypto tax platforms that only handle simple buy/sell transactions. The platform tracks liquidity pool deposits and withdrawals, yield farming rewards, staking income, and NFT minting, sale, and royalty income — generating tax reports that reflect the actual economic events rather than just exchange trade history.

TokenTax is primarily oriented toward US clients and IRS reporting requirements, reflecting its New York base and CPA team structure. International clients seeking tax reports for non-US jurisdictions — particularly Europe and Asia — would be better served by jurisdiction-specific platforms like Recap (UK) or Blockpit (Europe).

TokenTax explicitly serves Web3 companies alongside individual traders — offering tax filing support for companies with multi-chain treasuries, DAO token distributions, and complex on-chain financial activity. The full-service CPA team handles corporate filings, and the platform can process the transaction volumes typical of active protocol treasuries.