NODE40 Balance is a SOC audited crypto tax platform that eliminates the complexities around calculating tax liability and creates peace of mind. After connecting all of your wallets and exchanges, the software reads and evaluates both on and off-blockchain transactions. The patent-pending NODE40 SMART algorithm applies IRS sanctioned accounting rules to transactions into, among, and out of a portfolio. NODE40 then produces detailed and transparent audit records including but not limited to IRS tax Form 8949 (all tax years), exchange daily balance reports (FBAR/FATCA), closing position, and unrealized gains reports to back up and explain your tax position. Founded by Perry Woodin in 2015, NODE40 is headquartered in Albany.