CoinTracker unveils new suite of enterprise-grade tax compliance tools and announces partnership with Coinbase
SAN FRANCISCO--(BUSINESS WIRE)--CoinTracker, the leading provider of crypto tax compliance and accounting technology for enterprises and investors, today announces the launch of its Broker Tax Compliance Suite, a technology offering equipping crypto institutions to navigate regulatory complexity with precision and scale. At time of launch, CoinTracker’s Broker Tax Compliance Suite has been selected by leading crypto exchange, Coinbase, to provide crypto tax compliance infrastructure.
CoinTracker’s Broker Tax Compliance Suite is a complete, crypto-native tax reporting solution purpose built to meet the needs of crypto brokers and exchanges under new reporting regulations. Designed for the complexities of crypto markets, the tax reporting technology suite enables crypto brokers and exchanges to comply with new IRS 6045 regulations with accuracy and ease, while delivering a seamless user experience to customers.
The suite of tools equips digital asset brokers and exchanges to meet new regulations that came into force January 1, 2025, which require brokers to report certain crypto transactions to the IRS in 2026 using the 1099-DA forms. The technology suite enables brokers to meet all information reporting obligations by providing automated 1099-DA reporting covering all IRS and state requirements.
The suite of tools also includes a consumer tax center, enabling brokers and exchanges to offer embedded tax reporting functionality to their end users, helping to increase user loyalty and trust. By implementing CoinTracker’s embedded tax technology, brokers can empower their crypto trader user base to meet their own personal tax reporting requirements and file personal returns accurately. The tool enables brokers to automatically fill critical gaps that end users will face when filing their crypto taxes, including accurate cost-basis reporting, which presents a complex data challenge.
Jon Lerner, CEO and Co-Founder of CoinTracker, commented: “The top concern for crypto brokers and exchanges today is how to stay compliant and deliver peace of mind to users in a rapidly evolving regulatory landscape. Compliance isn’t just about ticking boxes. It’s about building trust through transparency, accuracy, and user experience. That’s exactly what CoinTracker’s Broker Tax Compliance solution was built to deliver. With our technology, brokers can turn compliance into a competitive advantage by simplifying complex reporting and elevating user trust. They can also solve the problem of working out the cost basis on transfers – an issue that we know is currently top of mind for institutions and crypto traders alike.”
At time of launch, leading crypto exchange, Coinbase, has selected CoinTracker to provide Broker Tax Compliance Tools, including automated 1099-DA reporting under new regulations affecting brokers, and embedded consumer tax reporting for its user base.
This launch marks the expansion of CoinTracker’s Enterprise offering, which also includes a crypto subledger solution for businesses with crypto accounting needs. CoinTracker’s Enterprise technology tools are built on the same trusted infrastructure that has powered CoinTracker’s consumer tax reporting products since 2017, and processed billions of transactions across millions of users.
About CoinTracker
CoinTracker is the market leader in crypto tax and accounting software for retail traders and enterprises, leveraging uniquely intelligent, crypto-native technology to deliver accurate, efficient crypto portfolio tracking and reporting. Trusted by more than 3 million users and tracking over $50 billion in crypto assets, CoinTracker captures all crypto data across wallets, chains and exchanges, and produces automated, real-time insights and calculations for every use case across personal tax filings, institutional tax filings, and crypto accounting for businesses. Founded in 2017, CoinTracker is backed by Accel, General Catalyst, Initialized Capital, Y Combinator, 776 Ventures, and other leading investors. CoinTracker is the exclusive cryptocurrency tax partner for many of the top exchanges and tax products, including Coinbase and Intuit’s TurboTax. For more information, please visit https://www.cointracker.io.
Contacts
Media Contact
Ivy Gitarts
Aspectus Group
Ivy.gitarts@aspectusgroup.com