We provide dedicated, high-performance nodes for Ethereum, Solana, Polygon, and other major L1/L2 networks. Our infrastructure eliminates the operational overhead of self-hosting, ensuring sub-second latency and global redundancy.
Automated Tax Form 1099 Generation for Crypto Payments
Blockchain Infrastructure
Enterprise-grade node infrastructure and RPC services with 99.9% uptime SLA.
- Managed RPC Endpoints: Private, load-balanced endpoints with rate limits you control.
- Archive & Full Nodes: Access to full historical data for indexing and analytics.
- Validator Services: Secure, non-custodial staking infrastructure for PoS networks.
Deploy production-ready infrastructure in hours, not weeks, backed by a 99.9% uptime SLA and 24/7 monitoring. We handle upgrades, security patches, and scaling so your team can focus on building.
Core System Capabilities
Our platform automates the entire 1099-MISC reporting lifecycle for crypto payments, eliminating manual work and audit risk for your finance and engineering teams.
Real-Time Transaction Ingestion
Automatically ingest and categorize on-chain and off-chain crypto payments from any EVM-compatible chain or custodial wallet. We handle raw transaction data, so your engineers don't have to.
Accurate Cost Basis & Gain/Loss
Automated FIFO accounting calculates accurate cost basis, fair market value, and capital gains/losses for every payment, ensuring IRS compliance and reducing your tax liability risk.
Automated Form 1099-MISC Generation
Systematically generate IRS-ready Form 1099-MISC for each payee meeting the $600 threshold. Includes all required fields: payer/payee details, payment amounts in USD, and cryptocurrency type.
Secure Payee Onboarding & TIN Matching
Collect W-9 forms and validate Taxpayer Identification Numbers (TINs) against the IRS database in real-time. Securely store sensitive data with SOC 2 Type II compliant encryption.
Electronic Filing & Delivery (1099 & 1096)
File Form 1096 (Annual Summary) and all 1099s directly to the IRS via FIRE System. Deliver copies to payees electronically with proof of delivery, eliminating manual mailing.
Audit-Ready Reporting & Reconciliation
Generate detailed audit trails, reconciliation reports, and year-end summaries. Maintain a permanent, immutable record of all calculations and filings for 7+ years as required by the IRS.
Business Outcomes You Can Measure
Our automated 1099 generation for crypto payments delivers clear, quantifiable value that reduces your operational burden and mitigates compliance risk.
Eliminate Manual Reconciliation
Automatically match on-chain transactions to user identities and payment events, replacing weeks of manual spreadsheet work with a single API call.
Guaranteed IRS Compliance
Generate IRS-accepted Form 1099-MISC/NEC files with all required fields pre-filled, including cost basis and fair market value calculations.
Reduce Legal & Audit Risk
Maintain a complete, immutable audit trail for every transaction and tax form. Demonstrate proactive compliance to regulators and auditors.
Accelerate Developer Velocity
Integrate our API in days, not months. Your engineering team stays focused on core product features instead of tax compliance infrastructure.
Slash Operational Costs
Replace expensive third-party accounting services and internal headcount dedicated to manual tax processing with a predictable SaaS model.
Enhance User Trust & Retention
Provide your users with clear, professional tax documents, reducing their filing anxiety and increasing platform loyalty and perceived legitimacy.
Build vs. Buy vs. Manual Process
A comparison of the time, cost, and risk involved in managing crypto tax form generation for your business.
| Key Factor | Build In-House | Use Chainscore | Manual Process |
|---|---|---|---|
Time to Initial Deployment | 4-6 months | 2-4 weeks | N/A |
Annual Engineering Cost | $150K-$300K | $25K-$75K | $0 |
IRS Audit & Penalty Risk | High (custom logic) | Low (audited system) | Very High (human error) |
Supported Protocols & Chains | Your selection only | 100+ chains & protocols | Manual research required |
Real-Time Cost Basis Tracking | Custom development | Included | Spreadsheet formulas |
Year-End Processing Time | 1-2 weeks (automated) | < 24 hours | 4-6 weeks (manual) |
Data Source Integration | Your responsibility | Pre-built connectors | Manual CSV uploads |
Ongoing Maintenance & Updates | Your team | Handled by Chainscore | Your finance team |
Employee & Contractor Coverage | Custom logic | Automatic classification | Manual review per person |
Total First-Year Cost | $180K-$350K+ | $30K-$80K | $50K-$120K (labor risk) |
Our Integration & Delivery Process
A streamlined, API-first approach designed for engineering teams. We handle the complex compliance logic so you can focus on your core product.
Automated Data Ingestion
Our system automatically ingests and normalizes transaction data from your on-chain and off-chain payment rails, ensuring a single source of truth for tax reporting.
Compliance Engine Processing
Proprietary engine applies IRS rules (Rev. Rul. 2019-24) to classify transactions, calculate cost basis, and determine 1099-MISC/NEC eligibility with audit-grade accuracy.
Secure Form Generation & Delivery
Generate finalized, print-ready IRS Forms 1099 for each payee. Deliver via encrypted digital portal, secure email, or physical mail through our BPO partners.
Custom Smart Contract Development
Secure, production-ready smart contracts built by Web3 experts for your specific use case.
We architect and deploy battle-tested smart contracts that form the immutable foundation of your application. Our development process includes formal verification and comprehensive audits to mitigate risk before mainnet deployment.
- Custom Logic:
Solidity/Rustcontracts for DeFi protocols, NFTs, DAOs, and enterprise solutions. - Security-First: Development with
OpenZeppelinstandards, automated testing, and multi-stage review. - Gas Optimization: Code engineered for minimum transaction costs and maximum efficiency on EVM & L2s.
- Full Ownership: You receive 100% of the source code and IP with clear documentation.
From initial concept to audit-ready code in as little as 2-4 weeks. We ensure your core business logic is secure, scalable, and ready for users.
Frequently Asked Questions
Get clear answers on how our automated tax form generation service simplifies compliance for your crypto payments.
Our service integrates directly with your payment infrastructure via API. We automatically ingest transaction data, apply IRS cost-basis and reporting rules, validate taxpayer information, and generate ready-to-file 1099-MISC and 1099-NEC forms. You receive a secure dashboard for review and approval before we handle e-filing and delivery to recipients.
Get In Touch
today.
Our experts will offer a free quote and a 30min call to discuss your project.