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CryptoTrader.Tax Review

2

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Excellent

Revainrating 5 out of 5  
Rating 
5.0
IT Infrastructure, Blockchain Software

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Description of CryptoTrader.Tax

CryptoTrader.Tax makes tax reporting for cryptocurrency easy. The platform automates the entire tax reporting process for crypto investors and users. How Does It Work? Simply import all of your historical cryptocurrency transactions into the app. CryptoTrader.Tax integrates with all major cryptocurrency exchanges and platforms to make this process quick and easy. Once your transactions are in, generate your necessary tax reports with the click of a button. Get Started For Free You can sign up and create your CryptoTrader.Tax account for free. This allows you to test out the platform risk-free. Only pay when you want to generate your tax reports. Import Your Transactions Automatically import your historical transactions from all of your cryptocurrency exchanges and platforms. CryptoTrader.Tax integrates with all exchanges to make importing as easy as possible. Uphold users can simply connect their Uphold accounts. Generate Your Tax Reports Generate your capital gains and losses tax reports based on the data you imported with the click of a button. These reports can be imported into platforms like TurboTax or given to your tax professional.

Reviews

Global ratings 2
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Type of review

Revainrating 5 out of 5

Very good tool for tax planning and tracking expenses

It is very helpful to keep track of all my taxes, including income from trading cryptocurrencies as well other types like dividends or interest earned in bank accounts etc., which are not taxable by law yet but can be taxed if it meets certain conditions (which I believe should apply only when you have significant amount). You need some basic knowledge about taxation rules related with your country's laws before using this system because there will always remain something that could get missed

Pros
  • There isn’t anything more convenient especially nowadays were everyone needs quick answers almost instantly instead looking around trying different things till reaching actual question asked.
Cons
  • Secret

I love how it helps me keep track of my taxes, as well all other financial obligations that come along with owning cryptocurrencies in general! There's not much to dislike about this program so far but if there is anything then maybe more options would be nice (such things like adding an option where you can pay by bank transfer instead). It has been very helpful when managing your finances - paying bills at once time each month rather than manually entering them one-by-one into various…

Pros
  • Great customer service
  • Easy setup process for new users.
  • Very intuitive UI / UX designEasy experience during set up period after downloading app &/or filling out profile information before starting use
Cons
  • I will keep silent