Revolutionize Your Crypto Tax Reporting with Netbasis.

The Solution:

Netbasis is the only digital asset vendor that offers compliance solutions for both digital and equity asset firms at highly competitive pricing. With 25 years’ experience in the financial services industry, and receiving the IRS Commissioner’s Award for Excellence, Netbasis is posed to provide an end-to-end comprehensive solution to ensure compliance with the new regulations.

Revolutionize Your Crypto Tax Reporting with Netbasis.

The Solution:

Netbatch Managed Service

High-volume information reporting system and service is designed to handle the complexities of crypto tax reporting effortlessly. Our high-speed processor can handle millions of 1099-DA crypto transactions within minutes for intricate tax lot transactions and from various diverse market participants such as STO/crypto exchanges, Defi, wallet hosts and digital payment service providers.

For more information about our Netbatch managed services, contact us at: info@netbasis.com

Netbasis Retail Web Application

Online retail application empowers brokers and traders to keep track of their cost basis information required to populate 8949 Form and offers tools that facilitate the optimization of capital gains tax outcomes through its tax planning strategy tools.

With Netbasis, investors gain access to real-time tax simulation and visualization tools, that will identify their tax implications with precision. Additionally, they can evaluate sale vs. purchase choices and leverage proprietary sale tax methods like the Net Zero method to achieve optimal tax efficiency.

Netbasis High Speed Cost Basis Engine

Experience the power of high speed cost basis processing for digital and equity assets.

Netbatch is a cutting-edge data processing technology that is seamlessly integrated with the Netbasis engine to handle high volume tax lot adjustments for digital and equity assets.

Netbatch was recognized as a key cost basis processing technology and an integral part in receiving the IRS Commissioner’s Award for Excellence.

Netbasis Ecosystem

INPUT VALIDATION

netbatch Verifies data meets specification and all required data is provided before importing.

netbatch Ensures proper encoding method is employed and sanitizes input data for security.

INPUT QUALITY ASSURANCE VERIFICATION

netbatch Verifies reliability of the input data as well as confirms that any supporting data necessary to process the input data is present within the Netbatch ecosystem.

netbatch Compares the imported data against the contents of the provided input data to ensure the consistency of the imported data.

NETBATCH TAX LOT PROCESSING

netbatch Processes complex "buy" and "sell" transactions for 1099-DA tax compliance across digital asset types.

netbatch Evaluates high volume trade activity with any of the 27 most complex “buy and sell” wash sale violations with security token transactions.

OUTPUT QUALITY ASSURANCE VERIFICATION

netbatch Process the output data to detect and rectify any discrepancies, errors, or anomalies that may be detected in the output data.

netbatch Applies an automated QA process to detect any inaccuracies or data inconsistencies when compared with the input and financial data.

Netbatch Tax Lot Accounting System

The unique feature of the Netbatch functionality is in its straight through processing design. This ensures that the input files are never broken apart which increases the risk of inaccurate calculations.

NetWorth can provide a best-of-breed API library of modularized features and functionalities, through a seamless connection that can be integrated into their product or service solutions.

Netbasis Ecosystem

Netbatch Tax Lot Accounting System

NetWorth can provide a best-of-breed API library of modularized features and functionalities, through a seamless connection that can be integrated into their product or service solutions.

INPUT VALIDATION

netbatch Verifies data meets specification and all required data is provided before importing.

netbatch Ensures proper encoding method is employed and sanitizes input data for security.

INPUT QUALITY ASSURANCE VERIFICATION

netbatch Verifies reliability of the input data as well as confirms that any supporting data necessary to process the input data is present within the Netbatch ecosystem.

netbatch Compares the imported data against the contents of the provided input data to ensure the consistency of the imported data.

NETBATCH TAX LOT PROCESSING

netbatch Processes complex "buy" and "sell" transactions for 1099-DA tax compliance across digital asset types.

netbatch Evaluates high volume trade activity with any of the 27 most complex “buy and sell” wash sale violations with security token transactions.

OUTPUT QUALITY ASSURANCE VERIFICATION

netbatch Process the output data to detect and rectify any discrepancies, errors, or anomalies that may be detected in the output data.

netbatch Applies an automated QA process to detect any inaccuracies or data inconsistencies when compared with the input and financial data.

TAX SAVINGS WITH THE NETBASIS WEB APPLICATION STARTS HERE.

What makes Netbasis such a powerful tool for individual investors is it’s easy to use technology. Netbasis is truly a one-of-a-kind investment tax tool that allows your customers to make smarter tax investment decisions in seconds.

Make the most out of Net Simulator by providing your Retail Customers with targeted simulation capability as you prepare for T+1.

Price Prediction Metrics

Price prediction modeling is a powerful feature to best determine future potential price support and resistance levels.

Crypto Cost Basis

Netbasis provides a cost basis tool that will calculate cryptocurrency and digital asset transactions as well as determine accurate gain/loss and wash sale loss deferral analysis for security token offerings.

Tax Loss Harvesting

The Net Simulator tax loss harvesting feature is a valuable strategy for customers seeking to optimize their targeted tax situation.

Charitable Giving

A well-structured charitable giving strategy offers numerous benefits that go beyond the act of giving itself

Advanced Security

512 Bit

AES ENCRYPTION

Total Transactions Processed

325M+

PROVEN ACCURACY

Years of Service

25 Years

THE POWER OF RELIABILITY

Securities Covered

115K+

EQUITY & DIGITAL ASSETS

Ready to Explore our Integrated Solution?

We invite you to explore the power of Netbasis and discover how we assist you in navigating the complexities of digital asset reporting and compliance and attract customers with our online Netbasis application that offers investment management and sale planning tools.

For more information about our services, contact us at: info@netbasis.com

Ready to Explore our Integrated Solution?

For more information about our services, contact us at: info@netbasis.com

Some of our Awards and Recognitions

Networth Products & Services Featured in

WHAT OUR CLIENTS ARE SAYING ABOUT US

"When I used Netbasis, I was just happy to know that I wasn’t going to have to try to figure out the cost basis on my AT&T shares, but I ended up finding out that I owned a lot more shares in different companies than I knew about!"

Meredith K. - Scottsdale, AZ

"Our firm has invested in a suite of applications offered by NetWorth which has allowed us to offer a higher level of investment services and increase our AUM."

Christopher F., Money Manager - New York, NY

"Even for someone in the investment business, corporate actions can be unbelievably difficult when trying to calculate your client’s cost basis. Having an automated system really saves a lot of time and frustration."

David B., Registered Investment Advisor - New York, NY

"I have quite a few clients whose investments go back quite a few years, either because they have invested for most of their adult life or they may have inherited investments. Netbasis allows me to quickly and easily handle complex investments within minutes. Before I started using this system, I was using spreadsheets and having nightmares!"

John H., Accountant - Boston, MA