Koinly
Koinly helps you with your taxes by allowing you to quickly calculate your taxes and minimise your tax component. It works well if you are a US user however, the platform does suggest that it's compatible with tax laws of over 100 countries.
It's free to start using and you will be charged if you need to generate a tax report. It supports over 30 exchanges currently, over 10 blockchains as well as 6000+ cryptocurrencies.
Overall a very interesting product which also brings a portfolio trackers helping you keep track of your funds on exchanges and wallets. It's useful if you want to gain insights into your trading and improve your profits over time.
They have a yearly pricing model which I think is very good. Here's the chart below.
Hope you find this useful. Good luck with your trades and portfolio tracking.
If you like my work kindly resteem it to your friends. You may also continue reading my recent posts which might interest you:
- Why You Should Vote For Firepower As Witness—Witness Campaign Post From India!
- Building A List Of Users From India—Please Fill This Form ASAP!
Are they taking accountability for penalities if the CRA reasses me because their information was incorrect?
Posted using Partiko Android
Best to clarify with their support I guess.
Checked it out, right on their website it says consult an accountant for tax advice.
Posted using Partiko Android
Taxes can be very confusing when it comes to crypto, for some people at least. Does anybody have a positive experience with this platform? How did you find it?