This article is for you if:
- …You have been trading in crypto and you need to file a tax report
- … You are lost on what tool to use and how to get started
- … Your current CPA needs help to report your crypto taxes
Why the Journey is Important?
Regardless of whether you’re a crypto enthusiast that got engaged because of the technology or you became a serious trader purely for financial reasons, the implications are the same: you have to pay taxes on your gains. To do that, you’ll have to collect and consolidate your transactions, classify and calculate them, and generate a tax report for your CPA to make some sense of it.
To make this process as easy as possible, make sure that you have the right tool available that meets your requirements.
As we’ve gone through the same (often frustrating) process of finding the right tool, we have compiled a list of resources that we found helpful for each step on the way. We think that this list will make finding the right tool for your specific needs much easier.
So without further ado, here’s a step-by-step guide on how to go about finding the crypto tax tool that is right for you, as well as some suggestions and recommendations that will make declaring your crypto taxes as easy as can be.
Phase 1: Research Different Crypto Tax Tools in the Market
a) Look for videos about cryptotaxation tools that are currently available in the market
b) Look for tweets regarding tax tools in the market with SME
c) Checks for articles about available tools. Compare the results of tests and comparisons.
Phase 2: Learn About Crypto Taxes
a) Ask your friends how they are filing their crypto taxes. If you need some help, click here.
b) Talk with a CPA about cryptotaxes
c) Read about recommendations by CPA/F&F: Accointing
Phase 3: Select the Optimal Tool
a) Read reviews about different crypto tax tools on Google
b) Read reviews about different crypto tax tools on Twitter
c) Select Accointing and go to the landing page
Phase 4: Purchase the Right Package
b) Understand pricing models. With Accointing you can import first and only pay once you print a tax report.
c) Select the package that is most suitable for your amount of transactions
d) Buy the package that suits you best. Here’s a Discount Code. Use JOURNEY for a 20% discount.
Phase 5: Recommend Package to Friends and Family
a) Ask as many questions as you’d like through our website chat, email or our Telegram account
b) Get the expected output and more. We offer a single platform for you to do both your crypto tracking and taxes. No extra fees and no ads.
c) Recommend to friends and family, and while you’re at it, become a referrer and earn some extra money. We win, you win, your friends win.
Choosing the right crypto tax tool is pretty much like choosing the right college: if you don’t do proper research, ask the right questions to the right people, and understand the differences between the different offers, you will end up with a terrible output that will be hard to work with. Make sure you choose wisely. If you have further questions about our platform, please make sure to reach out to us. We are more than happy to answer your questions.
E.mail: [email protected]