Introduction

Taxbit supports CARF and DAC8 reporting. Taxbit's platform aims to assist you with the end to end compliance with CARF, with various integration options for flexible support.

Integration Steps

Reportable Accounts

• Self Certifications - Taxbit offers a tax documentation solution (React SDK), to assist with the collection of Self Certifications directly within your existing application

Transaction Activity

Taxbit accepts transaction data (like an account's crypto activity) through the API, or through a pre-existing CSV template (available upon request).

• Get familiar with the TaxBit Transaction Data Model (TDM): Ensure you're familiar with our Transaction Data Model (TDM) before sending us transaction data. If you have questions or need further clarification on how to transform your data to fit the model’s specifications, your implementation manager can provide necessary guidance. The "Transaction Types" sheet from your kickoff call will also be a helpful reference.
• **Transactions API: **To send transaction data, initiate a POST request to our transaction endpoint. This method is used for both submitting new transactions and updating previously sent transactions. For more information on what is required in the request, visit the Transactions documentation.