Solve Your Crypto Taxes Headache
How to prepare your crypto tax reports without losing sleep, wasting time, or getting frustrated!
Is the thought of doing your crypto tax reporting keeping you from sleeping at night?
If you bought and sold any cryptocurrencies this year, your government probably wants you to report your capital gains, but the thought of filling out more tax forms leaves most people tired and frustrated.
Fortunately, the crypto transaction reporting necessary for your taxes doesn’t need to a huge headache for you!
Watch this fun video where Jessica unpacks her experiences with taxes and our favorite cryptocurrency tax software recommendation. She also explores how the software can help make your transaction reporting relatively easy....but stay tuned to the end if you're interested in more support for your situation! (And don't miss out on our affiliate link where you can save 10% off your purchase! Check below the video for more info!)
Here is what you'll find in this video:
- 0:00 Teaser – Intro
- 0:27 Credits and Disclaimers
- 0:57 It’s Tax Season!
- 3:33 Best Tax Reporting Software Solution
- 5:44 Did you purchase or sell cryptocurrencies in the past year?
- 6:14 The best plan for new investors with very few transactions
- 8:30 The plan for investors with up to 3500 transactions
- 10:03 The plan for more active traders
- 11:13 The unlimited plan: benefits and considerations
- 13:05 The Dancing Bear! (Who says taxes can’t be fun?!)
- 13:17 A look at the software
- 14:12 Connecting your accounts to the software and which platforms are currently supported
- 15:51 Validating transactions and checking for errors
- 16:09 Preparing your tax reports: customize it for your country
- 17:46 A jaw-dropping look at how many transactions are generated by bot trading automation software
- 19:17 Exploring the fun statistics on the Dashboard
- 21:38 What to do if you’re not a tax nerd and you need help
- 23:32 Getting your crypto tax bookkeeping done for you?
- 24:13 Coupon codes and deals for you!
- 25:22 Closing remarks: Crypto is the future. Let us help you!
- 25:43 Check out our blog and other videos
FIND OUT MORE about our new membership designed to support you with your crypto tax bookkeeping needs and receive our free checklist, Crypto and Taxes: 13 Tips for Buyers and Sellers of Cryptocurrencies in 2021 (Thank you page will lead you to our sales page, now open for business! Buy through March and get an extra year of support for FREE)
Our recommended crypto tax reporting software: (includes a 10% off discount for all paid plan levels, but if you want to save 25% off the annual unlimited membership, join our Crypto Bookkeeping Simplified list!)
Crypto course mentioned early in the video.
Just getting started in investing with cryptocurrencies? Grab your free copy of our resource, Crypto Secrets for Passive Income, to help you take the right first steps and learn more about this fascinating new world of investing and finances.
Disclosure: You should assume any links in this blog post are 1. affiliate links, 2. links to our own products, or 3. links for your convenience. We only recommend products that we whole-heartedly endorse and any commissions earned from your purchases do not increase your costs.