Comprehensive Info Pack - Part 1
Last updated
Last updated
Welcome to the TaxSolutions Bot, the core of TaxSolutions.AI and your personal assistant for automating DeFi tax management. The bot is designed to transform the complicated and time-consuming task of recording, analyzing, and reporting decentralized finance (DeFi) transactions into a seamless experience.
Whether you are a seasoned DeFi investor or new to the world of crypto, TaxSolutions Bot offers an intuitive, efficient solution for all your DeFi tax reporting needs.
Our bot integrates directly with blockchain networks, starting with Ethereum, ensuring accurate and reliable transaction data collection. By leveraging blockchain scanners such as Etherscan.io, TaxSolutions Bot provides up-to-date tax reports by analyzing your on-chain activity. This guarantees compliance with the latest tax laws.
Designed with simplicity in mind, the TaxSolutions Bot is highly user-friendly. It features a straightforward menu and easy-to-follow commands to guide you through the process of generating tax reports. You can quickly link your wallets, generate reports for various timeframes, and download them in under a minute.
The bot works in real-time, meaning your DeFi transactions are immediately processed and analyzed to maintain the accuracy of your tax records. Reports can be generated instantly, ensuring your tax information is always up to date and ready for submission.
In less than a minute, TaxSolutions Bot can create comprehensive DeFi tax reports, drastically reducing the time and effort typically required for self-assessment or tax filing. These reports are provided in both PDF and CSV formats, making them easy to share with tax professionals or submit to tax authorities.
At launch, TaxSolutions Bot will support compliance with tax regulations in both the UK and the USA, with plans to expand to additional countries weekly. This feature ensures you remain compliant no matter where you are or how frequently regulations change.
