What Are The Best Crypto Tax Reporting Platforms?
Doing your taxes normally can be very overwhelming and when you bring crypto into the mix, it can get much more confusing. To avoid that confusion, I go through 9 reporting software services and then share with you what I found to be the best and the cheapest.
The main features you want to look for are:
• They charge you based on the transactions, not per tax year. If you are going back several years, this will be outrageously expensive.
• Ideally you want a platform that you can easily import a CSV or connect to an exchange API without having to add everything manually into a CSV import template.
• Ideally you want a platform that aids you with tax loss harvesting.
• Ideally you want a platform that helps you track fees and includes them as capital losses incurred.
• Ensure it covers any lesser-known exchanges you might use or that those transactions can be easily uploaded.
• Ensure your country is included in its reporting system.
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