We architect and deploy custom smart contracts that form the backbone of your Web3 application. Our development process is built on audited security patterns and a deep understanding of tokenomics, ensuring your core logic is robust and future-proof.
Automated Tax Form Generation Service
Smart Contract Development
Secure, production-ready smart contracts built for scale and compliance.
- Security-First Development: Contracts built with
Solidity 0.8+, leveraging OpenZeppelin libraries and undergoing rigorous internal audits before deployment. - Gas Optimization: Every line of code is optimized for minimum gas consumption, reducing end-user transaction costs by up to 40%.
- Full-Spectrum Support: From foundational
ERC-20/ERC-721tokens to complex DeFi primitives, multi-signature wallets, and custom governance systems.
We deliver battle-tested contracts with comprehensive documentation, enabling your team to integrate and scale with confidence.
Core Capabilities of Our Tax Engine
Our engine is purpose-built for Web3, transforming complex on-chain data into compliant tax forms. We handle the technical complexity so your users can focus on their strategy.
Real-Time Transaction Classification
Automatically categorizes DeFi swaps, NFT trades, staking rewards, and airdrops into IRS Form 8949 and Schedule D line items using our proprietary rule engine and Chainlink price feeds.
Cost Basis & Wash Sale Tracking
Implements specific identification (SpecID), FIFO, and LIFO accounting methods. Our engine tracks cross-wallet activity to enforce wash sale rules across 1099-B reporting periods.
Multi-Jurisdiction Compliance
Generates IRS Forms 8949, Schedule D, and FBAR reports for US users, plus equivalent forms for key jurisdictions (UK, Germany, Australia) based on user residency self-declaration.
Enterprise-Grade Data Pipeline
Ingests raw data from 50+ blockchain nodes and indexing services (The Graph, Covalent). Processes terabytes with 99.9% data completeness SLA and full audit trail for reconciliation.
Secure User Data Vault
End-to-end encrypted wallet data storage with SOC 2 Type II certified infrastructure. Users maintain control; we never hold private keys. Data is pseudonymized for processing.
Business Outcomes: Beyond Compliance
Automated tax form generation is more than a compliance checkbox. It's a strategic asset that unlocks operational efficiency, reduces risk, and provides a superior user experience, directly impacting your bottom line and competitive edge.
Accelerated User Onboarding
Eliminate manual tax form collection—a major friction point for users. Our automated KYC-integrated flows reduce onboarding time by up to 80%, increasing conversion and activation rates.
Eliminate Operational Overhead
Replace manual data entry, validation, and follow-up with a fully automated system. Free your finance and support teams from seasonal compliance crunches, reducing associated labor costs by over 70%.
Mitigate Regulatory & Financial Risk
Ensure 100% accuracy and timeliness for IRS 1099-MISC, 1099-K, and other forms. Our system is built with audit trails and real-time validation, protecting your business from penalties and reputational damage.
Enhance Developer Velocity
Integrate a production-ready, API-first tax engine in weeks, not quarters. Our documented APIs and SDKs let your engineering team focus on core product features, not compliance plumbing.
Improve Data Integrity & Reporting
Gain a single source of truth for all user tax data. Our system provides clean, structured data exports and dashboards for internal reporting, financial planning, and strategic decision-making.
Build Trust & User Confidence
A seamless, professional tax experience signals reliability and maturity to your users. Automated, error-free form delivery strengthens trust and reduces support tickets during tax season.
Build vs. Buy: The Tax Compliance Dilemma
Comparing the total cost, risk, and time investment of developing a 1099-MISC/Form 1042-S solution in-house versus using Chainscore's API.
| Factor | Build In-House | Chainscore API |
|---|---|---|
Time to Market | 6-12+ months | 2-4 weeks |
Initial Development Cost | $250K - $500K+ | $0 (Pay-as-you-go API) |
Annual Maintenance Cost | $100K - $200K (2 FTEs) | Usage-based, typically < $50K |
Security & Audit Overhead | High (Unaudited, your liability) | Low (SOC 2 Type II, audited flows) |
IRS Compliance Risk | Your responsibility | Our guarantee & liability coverage |
Covered Tax Forms | Custom scope, limited | 1099-MISC, 1042-S, future forms included |
Data Source Integration | Your engineering effort | Pre-built adapters for major chains & CEXs |
Scalability & Updates | Manual updates for new regulations | Automatic, handled by our team |
Engineering Focus | Diverted to compliance | Freed for core product features |
Our Implementation Process
A structured, four-phase approach to integrate automated tax form generation into your platform, ensuring compliance, security, and a seamless user experience.
Discovery & Integration Planning
We conduct a technical deep-dive on your existing wallet infrastructure and user flows. We deliver a detailed integration blueprint mapping data sources (on-chain transactions, DeFi yields, NFT sales) to specific tax forms (1099-MISC, 8949).
Secure Data Pipeline Setup
Our engineers deploy secure, read-only indexers and data connectors to your specified blockchains and protocols. We implement encryption for PII and establish automated reconciliation processes to ensure 100% data accuracy for tax reporting.
Form Logic & Generation Engine
We configure the tax calculation engine with jurisdiction-specific rules (US, UK, EU) and integrate with IRS-approved form generation services. The system is tested for edge cases like wash sales, staking rewards, and cross-chain bridging.
Launch & Ongoing Compliance
We manage the phased rollout to your user base and provide a dedicated dashboard for monitoring. Our team handles annual updates for changing tax codes and provides an SLA-backed support agreement for form generation accuracy.
Frequently Asked Questions
Get clear answers about our secure, API-driven service for generating 1099-MISC, 1099-NEC, and other required tax forms for crypto transactions.
Our service integrates directly with your platform's database or via our API. We securely ingest transaction data, apply IRS tax rules and cost-basis calculations, generate the required tax forms (e.g., 1099-MISC for staking rewards, 1099-NEC for mining income), and provide a secure portal for user delivery and filing. We handle the entire compliance workflow.
Custom Blockchain Development
Build production-grade, custom blockchains and layer-2 solutions tailored to your specific business logic and performance needs.
We architect and deploy bespoke blockchain infrastructure that moves beyond generic smart contracts. Our full-stack engineering delivers custom consensus mechanisms, optimized virtual machines, and enterprise-grade security from the ground up.
Deploy a purpose-built chain with your tokenomics, governance, and throughput requirements in weeks, not years.
- App-Specific Chains: Develop high-performance
Substrate,Cosmos SDK, orAvalanchesubnets. - Layer-2 Scaling: Implement
zk-RollupsorOptimistic Rollupsfor Ethereum with custom fraud/validity proofs. - Hybrid Architectures: Design modular systems combining on-chain settlement with off-chain computation.
- End-to-End Delivery: From whitepaper to mainnet, including validator set management and node operations.
Get In Touch
today.
Our experts will offer a free quote and a 30min call to discuss your project.