TaxBuddy vs TaxNodes: Best Tax Filing Platform for Crypto & General Taxpayers in 2025
In India, TaxBuddy and TaxNodes are two popular platforms that provide tax filing services. TaxBuddy is designed for salaried individuals, freelancers, and small businesses, making tax filing easy for a broad range of users. On the other hand, TaxNodes focuses on cryptocurrency investors and those dealing with Virtual Digital Assets (VDAs), offering specialized services to meet their unique tax needs.
Choosing the right platform to file your Income Tax Return (ITR) is crucial for a smooth and stress-free tax filing. The right platform can save you time, reduce errors, and help you optimize your tax benefits.
Table of Content
Overview of the Platforms
TaxBuddy:
TaxBuddy is a user-friendly platform that offers a wide range of tax services. It provides both self-filing and expert-assisted filing options, so you can choose how much help you need with your tax returns. TaxBuddy also includes tools for tax planning, helping you save more on your taxes by identifying deductions and exemptions you might have missed. It’s a great option for salaried individuals, freelancers, and small businesses looking for a simple and reliable way to file their taxes.
TaxNodes:
TaxNodes specializes in helping users with cryptocurrency tax filings. If you invest in cryptocurrencies or Virtual Digital Assets (VDAs), TaxNodes makes the tax filing process easier by offering expert support specifically for crypto tax compliance. The platform is designed to simplify the process for crypto investors and businesses involved in VDAs, ensuring that they meet all regulatory requirements while managing their crypto-related taxes accurately.
Features Comparison: TaxBuddy vs TaxNodes
When comparing TaxBuddy and TaxNodes, the primary difference lies in their areas of focus and the services they offer. Here’s a breakdown of the features to help you decide which platform suits your needs:
Self-Filing Options
TaxBuddy simplifies tax filing with prefilled forms using PAN and Aadhaar integration. This makes it particularly easy for salaried individuals who don’t want to manually enter all their details. For those with straightforward tax filing needs, TaxBuddy offers a seamless experience. TaxNodes, on the other hand, is specialized in crypto tax filing and provides services that are better suited for individuals and businesses dealing with cryptocurrencies and Virtual Digital Assets (VDAs). While it also supports general ITR filing, it shines in managing crypto-specific tax calculations.
Expert Assistance
TaxBuddy provides 24/7 expert assistance via chat, email, and phone. Whether you need help with tax deductions, filing errors, or complex tax situations, TaxBuddy’s customer support is always available to guide you through.TaxNodes focuses on providing expert advice specifically for crypto tax-related issues. Its advisors are highly knowledgeable in the cryptocurrency and VDA space, which makes it the right choice for those looking for in-depth crypto tax guidance.
Mobile Accessibility
TaxBuddy offers a dedicated mobile app, which means you can file your taxes on the go. The app makes it easy to upload documents, track refunds, and manage your filing status directly from your phone.TaxNodes does not currently provide detailed information about a mobile app, which could be a limitation for users who prefer mobile accessibility.
Tax Planning Tools
TaxBuddy offers advanced tax-saving calculators, along with real-time suggestions to help you maximize your deductions and minimize your tax liability. It’s an ideal solution for those looking to plan their taxes effectively throughout the year.TaxNodes may offer specialized tools for crypto tax calculations, but the details of these tools are not clearly defined, which might leave some users wanting more comprehensive planning features for general taxes.
Turnaround Time (TAT)
TaxBuddy is known for its fast processing time. Expert-assisted filings are typically completed in under 24 hours, making it a quick solution for those with urgent filing needs.TaxNodes, however, may take longer depending on the complexity of the service, especially for advanced crypto tax filings that require thorough review and calculation.
Core Focus
TaxBuddy is a comprehensive tax filing platform that caters to salaried individuals, freelancers, and businesses. Whether you have a simple or complicated tax situation, TaxBuddy offers a solution that covers a wide range of filing needs.TaxNodes is specialized in crypto tax and VDA compliance, offering in-depth services for individuals and businesses involved in cryptocurrency transactions and investments.
Summary of Features Comparison
Feature | TaxBuddy | TaxNodes |
Self-Filing Options | Easy-to-use forms with prefilled information using PAN/Aadhaar. Great for salaried individuals. | Specializes in crypto tax filing with basic ITR services. |
Expert Assistance | Offers 24/7 support via chat, email, and phone for all tax needs. | Provides expert advice specifically for crypto tax issues. |
Mobile Accessibility | Has a dedicated mobile app for easy filing and tax management. | No information available about a mobile app. |
Tax Planning Tools | Provides advanced calculators and suggestions for tax savings. | Tools for crypto tax are mentioned but not detailed. |
Turnaround Time (TAT) | Expert-assisted filings take less than 24 hours. | Timing may vary depending on the complexity of the service. |
Core Focus | Focuses on general tax filing for salaried individuals, freelancers, and businesses. | Specializes in crypto tax and compliance with Virtual Digital Assets (VDAs). |
Pricing Comparison: TaxBuddy vs TaxNodes
Plan Type | TaxBuddy | TaxNodes |
Assisted Plans | ||
Salary & House Property | ₹699/year | Salaried: ₹1,299 |
Business & Professional | ₹1,499/year | Capital Gains: ₹3,999 |
Capital Gain | ₹1,999/year | Crypto: ₹3,999 |
Future & Options | ₹3,999/year | Crypto Tax Plans |
Crypto Currency | ₹3,999/year | Basic: ₹999 (up to 500 transactions) |
NRI/Resident Having Foreign Income | ₹3,999/year | Crypto + Capital Gains ITR: ₹4,999 |
DIY Plans | ||
Salary & House Property | ₹499/year | |
Business & Professional | ₹899/year | |
Capital Gain | ₹1,399/year | |
Crypto Currency | ₹2,699/year | Special Services |
Additional Costs | Late ITR Filing: ₹4,999 (discounted from ₹7,999) | |
Balance Sheet & P/L Attestation | ₹1,000 | Revised ITR Filing: ₹3,999 (discounted from ₹4,999) |
Arrears Relief Claim | ₹499 | Income Tax Notice Assessment: ₹999 (token amount, adjusted in final invoice) |
GST | 18% applicable |
Security
TaxBuddy takes data security very seriously. The platform uses strong encryption technologies to protect your personal and financial information. Regular audits are conducted to ensure everything is in line with global data protection standards. This means you can trust that your information will remain secure throughout the entire tax filing process.
On the other hand, TaxNodes also emphasizes the importance of security but does not provide detailed information on the specific measures they use. While it is likely that the platform employs adequate security features given the sensitive nature of crypto-related data, the lack of transparency regarding their specific practices means users may need to inquire directly for more information on how their data is protected.
Target Audience
TaxBuddy is a versatile platform designed for a wide range of users, including salaried individuals, freelancers, and small businesses. Whether you're someone with a single source of income or have more complex financial needs, TaxBuddy offers solutions that make tax filing straightforward and affordable. Its wide range of plans, from basic DIY options to expert-assisted filing, ensures that users from all walks of life can find a solution that fits their needs.
TaxNodes, however, specifically focuses on a niche audience: individuals and businesses involved with cryptocurrencies and Virtual Digital Assets (VDAs). If you're a crypto investor, trader, or a business dealing with VDAs, TaxNodes is tailored to offer specialized expertise in crypto tax filing. This includes managing complex transactions, such as those related to capital gains and other crypto-specific tax implications, which are often not addressed by general tax platforms like TaxBuddy. TaxNodes positions itself as a leader in crypto tax compliance, making it the ideal choice for those in the crypto space.
Strengths of Each Platform
TaxBuddy:
User-friendly interface and suitable for beginners:
TaxBuddy is designed with simplicity in mind, making it easy for new users to navigate. Its intuitive dashboard and step-by-step guidance ensure that even those new to tax filing can complete their returns with ease.
Comprehensive support for global income reporting and DTAA compliance:
TaxBuddy caters to users with income from overseas sources and offers detailed guidance for Double Taxation Avoidance Agreement (DTAA) compliance, making it an excellent choice for NRIs and those with international income.
Affordable pricing for general tax filing needs:
With pricing starting as low as ₹499 per year for DIY filing, TaxBuddy provides affordable options for individuals and businesses. Its cost-effective plans make it accessible to a wide range of users.
Provides advanced tax planning tools:
Beyond simple filing, TaxBuddy offers tools to help users optimize their taxes. The platform provides real-time tax-saving suggestions, helping users reduce their tax liabilities and plan for the future.
TaxNodes:
Strong expertise in crypto tax and VDA compliance:
TaxNodes stands out for its specialized knowledge in crypto tax filing. It offers unique services tailored to the tax implications of cryptocurrencies and Virtual Digital Assets (VDAs), addressing the growing demand in this market.
Focused services for the growing crypto market:
As the cryptocurrency market continues to grow, TaxNodes is positioning itself as a leader in this space, offering targeted solutions for crypto investors and traders who need assistance navigating the complexities of crypto taxation.
Specialized plans for crypto-related tax filing and capital gains:
TaxNodes offers tailored plans to handle capital gains from crypto, a key feature that sets it apart from platforms like TaxBuddy. If you're dealing with crypto investments, TaxNodes has the expertise and tools to ensure your filings are accurate and compliant.
Conclusion
Choosing between TaxBuddy and TaxNodes ultimately depends on your specific tax needs:
TaxBuddy is the better option if you're looking for an affordable, user-friendly platform for general tax filing, including global income reporting and advanced tax planning tools. It caters to a wide range of users, including salaried employees, freelancers, and small businesses, and is ideal for those who need an all-in-one solution for their tax filing needs.
TaxNodes, on the other hand, is perfect for cryptocurrency investors and businesses dealing with VDAs. If your tax situation revolves around crypto tax compliance or capital gains from digital assets, TaxNodes offers specialized plans and expert assistance tailored to the complexities of the crypto world.
FAQs
What is the key difference between TaxBuddy and TaxNodes?
TaxBuddy is a comprehensive tax platform for general tax filing, while TaxNodes specializes in crypto tax compliance and Virtual Digital Asset (VDA) filings.
Can I file taxes for cryptocurrencies with TaxBuddy?
No, TaxBuddy primarily handles general tax filing. If you’re looking to file taxes related to cryptocurrencies or VDAs, TaxNodes is more specialized in that area.
Does TaxBuddy offer assistance for international income?
Yes, TaxBuddy offers comprehensive support for users with global income and helps with DTAA compliance for NRIs.
Which platform is better for crypto investors?
TaxNodes is the better choice for crypto investors due to its specialized services for crypto tax filing and capital gains.
Can TaxNodes help with general tax filing needs like salary or business income?
TaxNodes primarily focuses on crypto tax and VDA compliance. For general tax filing, TaxBuddy is a more suitable option.
How does TaxBuddy make tax filing easier for beginners?
TaxBuddy provides an easy-to-use interface, AI-driven automation, and 24/7 expert assistance, which makes tax filing simple, especially for first-time users.
Is TaxNodes affordable for general users?
TaxNodes offers pricing specifically for crypto tax services, which may not be as cost-effective for users who only need general tax filing. TaxBuddy offers more affordable pricing for general tax filing.
Can I use TaxBuddy’s mobile app to file taxes?
Yes, TaxBuddy has a mobile app that allows users to file taxes, track refunds, and access expert assistance directly from their phones.
Does TaxNodes offer expert support for tax-related queries?
Yes, TaxNodes provides expert guidance specifically for crypto tax and VDA filings, helping users navigate complex cryptocurrency tax rules.
Which platform is better for small businesses?
TaxBuddy is a great option for small businesses that need affordable and comprehensive tax filing solutions, while TaxNodes is more suited for businesses dealing with cryptocurrencies and digital assets.
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