FinStockGenius

Cryptocurrency investors in the U.S. are facing more IRS scrutiny than ever before. But thanks to the rise of automated crypto tax platforms like TaxBit and the broader RegTech (Regulatory Technology) movement, the fear of audits may soon become a thing of the past. In this guide, we break down what TaxBit does, how RegTech is reshaping crypto compliance, and whether these tools can truly eliminate the anxiety of tax season for crypto holders. What Is TaxBit? And Why It Matters in 2025 TaxBit is a U.S.-based RegTech company that offers automated tax and accounting solutions for individuals, enterprises, and even government entities dealing with cryptocurrency. Founded by CPAs and tax attorneys, TaxBit automates the end-to-end crypto tax reporting process — syncing with exchanges, calculating gains/losses, generating IRS-compliant tax forms, and even offering audit defense. Key Features of TaxBit: Automatic Data Sync : Connects to over 500+ crypto platforms (Coi...