Decode Tax

Decode Tax

(4.4)
Paid
Web
Best for: Crypto Tax, Portfolio Tracking
Decode Tax preview
286 upvotes
446 bookmarks
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Our Verdict

Decode Tax streamlines crypto tax filing using AI to automate transaction categorization and generate compliant reports. It's especially useful for those managing multiple wallets and DeFi protocols, offering a fluid and efficient experience that brings clarity to complex crypto finances.

About Decode Tax

Decode Tax is an AI-powered crypto tax automation platform designed to simplify tax filing for digital asset holders. It expertly aggregates transaction data from various wallets, exchanges, NFTs, and DeFi protocols. By utilizing intelligent parsing and categorization, Decode Tax generates IRS-compliant and jurisdiction-specific tax reports, streamlining gain/loss calculations, income recognition, and portfolio tracking. The platform employs AI to auto-categorize transactions, flag discrepancies, and produce ready-to-file reports that align with local tax laws. Its minimalist yet purposeful interface offers detailed previews and smart syncing with popular wallets like MetaMask and exchanges like Binance. Decode Tax is engineered to handle the complexities of blockchain activity, delivering audit-grade clarity for both casual traders and DeFi users.

Review Summary

Performance Score
A
Content/Output Quality
IRS-Ready, Compliant Reports
Interface
Minimalist & Audit-Focused
AI Technology
Transaction Classification
AI Technology
NLP for Tagging
AI Technology
Tax Rule Matching
AI Technology
Portfolio Analysis
Purpose of Tool
Automate crypto tax filing using smart transaction processing
Compatibility
Web App; syncs with wallets (MetaMask, Ledger) & exchanges (Binance, Coinbase)
Pricing
Not visible
Rating
4.4/5
Accessibility 4.4
Compatibility 4.4
User Friendliness 4.5

Who Is This Tool Best For?

  • Crypto Traders: Easily calculate capital gains across CEXs, DEXs, and wallets.
  • NFT Investors: Decode sales, airdrops, and royalties with accurate categorization.
  • DeFi Users: Auto-track staking, yield farming, and LP positions without spreadsheets.
  • Accountants: Manage clients’ crypto portfolios with bulk import/export and professional-grade reports.
  • Taxpayers in Crypto-Friendly Jurisdictions: Customize tax reports to fit local regulatory frameworks, whether in the U.S., EU, or elsewhere.

Key Features

Auto Categorization Engine
Real-Time Wallet Sync
NFT & DeFi Tax Handling
Capital Gains Calculator
Custom Report Generation
Multi-Jurisdiction Tax Templates
Portfolio Performance Tracking
CSV/Excel Export
Smart Error Flagging
Exchange & Wallet Integrations

Pricing Plans

Custom

Paid Plan

Pros & Cons

Pros

  • Auto-detects and classifies crypto transactions
  • Supports DeFi, NFTs, CEXs, and DEXs
  • Generates tax reports aligned to regional compliance laws
  • Syncs with wallets and major exchanges
  • Clean UI with advanced audit-mode preview

Cons

  • Pricing information not publicly listed
  • No mobile app at this time
  • May require manual edits for edge cases
  • Limited live support for complex queries
  • Learning curve for crypto tax newcomers

Frequently Asked Questions

Yes, it supports a wide range of crypto activity, including NFT trades, staking, farming, and LP positions.
Absolutely. It integrates with MetaMask, Ledger, and several other wallets via API or CSV import.
Yes. It provides detailed CSV exports, professional tax previews, and supports managing multiple client profiles.
Yes, Decode Tax supports tax frameworks in the U.S., EU, Australia, Canada, and other crypto-forward regions.
The platform follows standard encryption protocols and does not require custody of private keys.

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