Bedrock capabilities, organized for review.

Tax Engine & Cost Basis

• Full spot lot tracking: every acquisition becomes a lot with immutable identity, tracked from purchase to disposition
• Cost basis, proceeds, and fee allocation computed under current Treasury regulations (Treas. Reg. §1.1001-7 and TD 10000)
• Swap-fee decomposition: fees paid in the disposed token, the acquired token, or split across multiple sell legs are handled correctly
• §1091 wash sale detection with automatic basis adjustment and disallowed-loss carry
• §1092 straddle identification with holding-period reset and loss deferral
• §1223 holding-period tacking across transfers: lots keep their original acquisition dates when assets move between wallets
• Short-term vs. long-term character determined per lot, per disposition
• Charitable donation treatment with zero-gain election
• Retroactive lot designation: designate specific lots after the fact, with full holding-period isolation
• Configurable taxpayer tax policy per profile

Options & Derivatives

• §1234(b) options income treatment for written options (covered calls, puts)
• Options position lifecycle: write, close, exercise, expire, buyback
• Straddle detection with automated suggestions and multi-leg straddle identification
• Physically-settled option delivery tied back to specific underlying lots
• Options import from exchange files plus manual entry for bespoke paper and OTC contracts
• Settlement reconciliation: confirms option settlements against on-chain movements
• Lot encumbrance tracking: know which lots are pledged as option backing at any moment
• Backing-lot assignment with smart-pick suggestions ranked by tax outcome

OTC & External Transfer Management

• External Transfer Rules: designate an address as a counterparty you settle through, and sends to it are recorded as transfers, not sales
• Captured value moves to a dedicated tracking ledger, one per asset per counterparty, carrying original cost basis and acquisition dates intact: no gain or loss at send time
• Record the disposition when the trade actually settles, not when the value left your wallet, with gain or loss computed against that original basis and holding period
• Automatic return capture: value the counterparty sends back unsold comes home as a transfer with basis restored, so a round trip nets to zero tax events; anything beyond the tracked position books as an ordinary deposit at market value and is flagged for review
• Retroactive application with a full preview: see which transactions a rule captures and how gain/loss changes before you save it
• Guardrails throughout: real evidence always beats designation, closed periods are never touched, and each rule shows exactly what happened to every transaction its addresses cover
• Turning a rule off reverses it cleanly, and the tracking ledgers remain as the record of what it did

Lot Selection & the Rules Engine

• Standard strategies: FIFO, LIFO, HIFO, LOFO, plus long-term-first and loss-first variants
• Profile-scoped, priority-ordered rules that decide which strategy applies to each disposition type (sell, send, transfer, fee, option encumbrance)
• Rules can target ledger attributes (e.g., treasury vs. exchange wallets)
• Specific-identification (SpecID) overrides for hand-picking exact lots on any disposition
• Lot-selection preview: see the tax result of each strategy before committing
• Lot locks: fence off lots so automated selection never consumes them
• Every allocation records *why* that lot was chosen (strategy, rule, override) as a permanent, auditable reason code

Data Ingestion & Connectivity

Three paths in — and once data lands, the tax treatment, lineage, and audit trail are identical no matter which path it took.

• Direct API feeds to exchanges and custodians, with new venues added on customer demand
• On-chain wallet ingestion by address or xpub, with chain-agnostic downstream treatment
• Structured file import for OTC, private, and other activity that no API reports
• Identical tax treatment, lineage, and audit trail regardless of whether data arrived by feed, wallet, or file
• Opening-balance and opening-lot import for onboarding mid-history
• Incremental sync so new activity imports without rebuilding history
• Controlled onboarding and source management, including through-date imports, credential diagnostics, run reports, ledger tagging, and pause, resume, rewind, delete, and restore controls
• Nothing is silently dropped: records that fail to ingest are held for review, with a redacted row viewer, per-record acceptance, and one-click re-sync of the affected window
• Spam and dust token suppression at ingest, with a re-scan sweep for history already imported
• Fee-aware file import: fees denominated in any token or in fiat are priced at ingest and folded into basis and proceeds

Transfers, Matching & Data Integrity

• Automatic transfer matching between your own wallets: internal moves are never mistaken for taxable sales
• Confidence-tiered matching (transaction hash > address > amount) with a recorded match score and reason
• Basis carries across matched transfers, split lot-by-lot from the source side
• Unmatched outflows surface as review items rather than silently becoming dispositions
• Canonical asset identity: ledgers and prices resolve by asset identity, not ticker, so same-symbol tokens from different contracts stay distinct end to end
• Duplicate and discrepancy detection with guided resolution
• Trade discrepancy review with side-by-side source comparison
• Validator and staking reward attribution by validator

Pricing & Valuation

• Source-provided prices used first: the price your exchange reported is the price Bedrock books
• Independent market-price oracle as fallback
• Prices resolved by asset identity, so two tokens sharing a ticker never inherit each other's marks
• Historical price cache for consistent, reproducible valuations
• Manual price override on fair-value computations, with audit trail
• Trade-discrepancy price selection when sources disagree

DeFi & Protocol Activity

• Lending and borrowing: loan proceeds and repayments classified distinctly, with pledged collateral tracked without double-counting it in reconciliation
• Liquidity positions valued from the assets backing them rather than a quoted price on the receipt token
• Bridge crossings recognized as your own transfers between chains, not as sales
• Token migrations and contract upgrades carry cost basis and holding period across the swap
• Protocol settlement activity classified in its own right
• Gas and protocol fees classified and allocated under the same fee rules as everything else
• NFT detail: token standard and item identity carried through to transaction detail

Categorization & Organization

• Activity categorization for income, staking, mining, payments, transfers, lending, bridging, and other source-attested events
• Three-tier category precedence: user override > rule > source-attested, so users retain final control
• Category override and revert per transaction, with audit trail
• Address book: named addresses with labels that appear across the timeline and filter views, with CSV import and export
• Organization and profile-level tags, with a rules engine to auto-apply tags by criteria and re-apply on demand
• Organization-defined custom fields and transaction notes
• Ledger display names, favorites, and archiving

Reconciliation & Review

• Balance reconciliation: computed balances checked against custodian-reported balances, continuously
• Double-entry reconciliation report: every value movement counted exactly once; portfolio difference must collapse to zero
• Action Required: a single queue for everything needing a human decision: inventory shortfalls, over-encumbered lots, balance breaks, GAAP shortfalls, held-back records, unallocated fees, and external-transfer exceptions
• Outstanding items surface in navigation counts and in import completion emails, so nothing waits unseen
• Shortfall resolution workflows: acknowledge, escalate, or resolve with a synthetic deposit: each choice recorded
• Opening-balance roll-forward reconciliation for mid-history onboarding
• Options settlement reconciliation against underlying movements
• Escalation path to support built into every reconciliation surface

Transparency — "Where Did This Number Come From?"

• Inline basis math on every lot and disposition: drill from a report number to the exact lots behind it
• Full lot lineage: parent/child links across splits and transfers, back to original acquisition
• Per-transaction running balances
• Transaction timeline view with export
• Source-record retrieval: view the raw record from the exchange or chain that produced a transaction
• Selection-reason on every allocation: the audit answer to "why this lot?"
• Related-transaction linking (fills, fees, settlements grouped together)
• Deterministic recalculation: identical inputs always produce identical outputs

GAAP Books & Fair Value

• Dual-book accounting: tax books and GAAP books maintained side by side from the same activity
• ASU 2023-08 fair-value measurement for crypto assets, computed per period
• GAAP asset-scope classification (which holdings are in scope for fair-value treatment)
• GAAP pools with effective-dated membership and average-cost or FIFO tracking
• Restricted holdings: positions under lockup carried as restricted, not freely disposable
• Event-sourced GAAP entries ready for journal-entry export
• GAAP shortfall detection and guided resolution
• Fair-value backing detail export

Reports & Exports

• Report Center: self-service report builder with a growing catalog
• Tax and activity reports, including gain/loss, unrealized gains as of any date, token activity, and crypto income reporting
• Reconciliation balance sheet report
• Staking analysis report: validator positions, controlled withdraw authorities, and lockup exposure
• GAAP reports, including position, gain/loss, crypto income, and book/tax differences
• Excel downloads with full on-screen views and automatic bundling for very large outputs
• Filtered exports for audit trail, opening balance, timeline, transactions, lots, and audit views

Compliance, Audit & Controls (SOC 1)

• Designed for SOC 1 Type 2 from day one: controls, not promises
• Complete audit trail: every change records who, what, when, from where
• Tamper-evident audit log: database-level protection; records can never be edited or deleted, even by administrators
• Authorization denials are themselves audited events
• Four-eyes (maker-checker) approvals on sensitive operations: no one can approve their own proposal
• Per-organization compliance matrix: you decide which operations need approval, and how many approvers
• Period close and reopen with recorded snapshots
• Idempotent mutations: retries and double-clicks can never double-post
• Evidence-grade data model: lots, proposals, and approvals are never destructively deleted
• Reproducible calculations: decimal-exact math, no floating point, pinned regression scenarios

Access, Tenancy & Administration

• Enterprise single sign-on with short-lived signed tokens
• Role-based access control over every operation in the product
• Fine-grained permission resolution drives the UI so users only see actions they are allowed to take
• Strict profile-level tenancy isolation, enforced at the data layer and verified at build time
• Organization administration and onboarding, including user invites, role grants and revocations, session revocation, profile switching, sandbox profiles, and per-feature elections
• Feature toggles that respect data safety, so a feature holding live data cannot be switched off silently

Help, Support & Platform

• Bedrock Course: built-in guided learning track for the product and its tax concepts
• Inline contextual help on complex concepts with deeper documentation links
• In-product support escalation routed to a staff queue with full context attached
• Notifications, live status updates, and scheduled background processing for imports and recalculations
• Fully documented REST API through OpenAPI and Swagger: everything the UI does, customer systems can do through the API
• Calculation work is serialized per profile, so concurrent edits and imports can never interleave into an inconsistent result
• Architected for institutional volume: history grows, recalculation stays incremental, and reads stay paged