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53 Karma

Review on CryptoTrader.Tax by Brian Whitmore

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).

img 1 attached to CryptoTrader.Tax review by Brian Whitmore

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 during calculations even though they might seem correct at first glance; however once everything gets approved then one has no reason anymore why he/she would want any changes after submission since nothing seems wrong so far! A great solution overall compared against traditional ways such accounting books where people had problems keeping records properly due their lack experience within financial matters - now we don't worry what happens next year nor do our clients complain how late was submitted last minute report without proper explanation either way its ok cause these reports help us pay less than expected while providing transparency.

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