TaxBit automates the process of calculating and reporting taxes on cryptocurrency transactions. TaxBit is the leader, backed by the industries' best VCs, in the cryptocurrency tax and accounting space. I co-founded TaxBit after closely following the legal and tax regulations behind cryptocurrency. The IRS has clearly defined cryptocurrency as property, meaning that cost basis associated with each and every movement of cryptocurrency must be tracked and gains/losses reported to the IRS. TaxBit's platform automates this process for Enterprises, Consumers, and Governments.