Cryptocurrency

For every trader, a cryptocurrency tracker is one of the essential apps that is very useful because they pull information from all your exchanges and wallets, which allows you to quickly see how your entire portfolio is performing at a glance. In line with this there is a tool that is considered to be the most complete portfolio tracker on the market that has an added utility to its core function- it can also be used as a comprehensive and precise crypto tax software. The tool is the topic of this review and is called Cointracker. Cointracker Overview Founded on August 22, 2017, by Chandan Lodha and Jon Lerner, Cointracker is breaking the stereotypes of one-dimensional apps by becoming a leading portfolio AND tax manager application. The tool has automatic import from exchanges built-in and offers a dedicated and unified dashboard that displays everything that is happening around the user’s assets. The dashboard shows real-time token prices, tokens historical data, deposits, wi

Bitcoin & Crypto Tax Softwares Market 2020 This report studies the Bitcoin & Crypto Tax Softwares Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Bitcoin & Crypto Tax Softwares Market analysis segmented by companies, region, type and applications in the report. The major players covered in Bitcoin & Crypto Tax Softwares Market : CoinTracking, TokenTax, BearTax, CryptoTrader.tax, ZenLedger, Bittax, Node40, HappyTax & & More, and The final report will add the analysis of the Impact of Covid-19 in this report Bitcoin & Crypto Tax Softwares industry. Get a Free Sample Copy @ https://ift.tt/2UMj2O8 Bitcoin & Crypto Tax Softwares Market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the

CoinTracker has announced that the company now counts over 100,000 users who use the crypto tax service. In March, the company also partnered with additional industry leaders, including Lolli, Casa, Compound, IDEX, Crypto.com, and ErisX, to continue attracting users to the platform.  Making Crypto Taxes Simple In the United States, many in the crypto space are aware of the trials and tribulations of doing business in Bitcoin. The primary obstacle has been clarity on the tax status of various digital assets.  For now, the Internal Revenue Service (IRS), which collects taxes in the U.S., identifies crypto as a commodity. This definition means that for every transaction, users must also calculate a capital gain or loss. It doesn’t matter whether one is buying a cup of coffee or making a $100,000 trade.  Every transaction, no matter the size, must take into account the infamous  IRS Notice 2014-21 . For active users, monitoring each of these transactions as well as their tax implicati

CoinTracker has partnered with a number of prominent blockchain industry firms, opening its cryptocurrency portfolio tracking and tax reporting product to more users. The Y Combinator-backed firm built by former Google employees was added by crypto derivatives platform ErisX as service partner on Wednesday. That came alongside five other business relationships added in recent weeks, including bitcoin security firm Casa, crypto finance protocol Compound, trading platform Crypto.com, decentralized Ethereum exchange IEDX, and bitcoin rewards platform Lolli. With reporting taxes on cryptocurrency transactions notoriously complex even for experts, the firm aims to simplify that process within its tax calculator tool that automatically outputs reports for users. Talking of the new partnerships, Chandan Lodha, co-founder at CoinTracker, told CoinDesk "the breadth of integrations means we can serve more crypto users and more types of crypto users from hobbyist dipping their toe

Cryptocurrency portfolio tracker and tax calculator CoinTracker has surpassed 100,000 users and has signed up six new partners. The site, which is used by many traders to comply with tax reporting obligations,  announced the news in a blog post published on April 1. In the past month CoinTracker has partnered with six new organizations: Casa, Compound, Crypto.com, ErisX, IDEX, and Lolli, in addition to existing agreements with Coinbase and Turbotax. CoinTracker and Casa have partnered to give users’ access to multisignature security. The Crypto.com partnership will allow users to report cryptocurrency holdings for a number of jurisdictions. ErisX users can now share their CoinTracker profile with tax professionals without the need to send files over email, and Lolli’s integration will enable users to import transaction history CSVs directly into CoinTracker. Growth amid the global crisis Chandan Lodha, co-founder of CoinTracker, told Cointelegraph the company’s recent growth had

CoinTracker, CryptoTrader.tax, and Token Tax provide leading tax preparation services HONG KONG , March 24, 2020 /PRNewswire/ -- Crypto.com, the pioneering payments and cryptocurrency platform, today announced partnership with three leading tax providers. Responding to the requests of the community and given the importance of this area, Crypto.com partnered with leaders in this space (listed alphabetically)   CoinTracker, CryptoTrader.Tax, and Token Tax. CoinTracker, CryptoTrader.tax, and Token Tax provide leading tax preparation services As crypto adoption continues to expand, countries across the world have begun mandating tax reporting on virtual currencies. For example, the U.S. Internal Revenue Service requires individuals to claim cryptocurrency on tax filing documents and other countries have similar requirements in place. Crypto.com's partnership makes reporting cryptocurrency holdings for a number of jurisdictions as simple as possible for our users and expands

CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS. Many cryptocurrency traders don’t even know that their return isn’t right. Some of the most popular crypto exchanges fail to provide their customers with good export features. As a result, customers of these exchanges end up submitting error-riddled tax returns to the IRS. “Even a small amount of missing data or an honest accounting error can have a big impact,” says CPA Sharon Yip of CT Tax Services LLC, part of the U.S. accounting firm Accointax, “If you file correctly the first time, you can avoid costly audits and penalties later. CoinTracking’s new plan– dubbed CoinTracking Full-Service– is available now. Crypto traders can use it to verify their trading data before they submit their 2019 tax returns and/or amend their prior-year tax returns

MUNICH, Germany, March 10, 2020 — CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS. Many cryptocurrency traders don’t even know that their return isn’t right. Some of the most popular crypto exchanges fail to provide their customers with good export features. As a result, customers of these exchanges end up submitting error-riddled tax returns to the IRS. “Even a small amount of missing data or an honest accounting error can have a big impact,” says CPA Sharon Yip of CT Tax Services LLC, part of the U.S. accounting firm Accointax, “If you file correctly the first time, you can avoid costly audits and penalties later.” CoinTracking’s new plan– dubbed CoinTracking Full-Service– is available now. Crypto traders can use it to verify their trading data before they submit their 2019 tax returns and/or amend

The global analysis of Bitcoin & Cryptocurrency Tax Software Market and its upcoming prospects have recently added by QYReports to its extensive repository. It has been employed through the primary and secondary research methodologies. This market is expected to become competitive in the upcoming years due to the new entry of a number of startups in the market. Additionally, it offers effective approaches for building business plans strategically which helps to promote control over the businesses. Request Sample Copy of this Report@: https://ift.tt/2GuiX9D This market research report on analyzes the growth prospects for the key vendors operating in this market space including CoinTracking, TokenTax, BearTax, CryptoTrader.tax, ZenLedger, Bittax, Node40, HappyTax & More. The market research report provides an overview of Bitcoin & Cryptocurrency Tax Software products, some key aspects such as growth factors that enhance or impede the development and growth of this mar

Cryptocurrency investors who own multiple different crypto assets such as Bitcoin, Ethereum, TRON, and XRP can benefit greatly prom using a cryptocurrency portfolio app. Not only do these portfolios help crypto owners follow all their crypto investments in one place, but they also help investors in making strategic decisions, as they can compare how different cryptocurrencies have performed for them since the time of purchase.  Coin Stats crypto portfolio app Coin Stats is undoubtedly one of the most popular crypto portfolio apps out there available for the Android and iOS mobile platforms. It sets itself aside from other apps with its up-to-date availability of the latest trends and news in the crypto space and within the crypto community, which are all available at the user's convenience. For crypto enthusiasts and traders that do not have the time to sit behind a desk to keep up with the latest happenings, the Coin Stats crypto portfolio app is a great way to stay updated on t

If you own a variety of digital currencies such as Bitcoin, Ethereum, Ripple, and TRON, getting a crypto portfolio app would be the next logical step for you. A crypto portfolio app helps to check the state of your digital currency investments on the go without the need to log into your crypto wallet or exchange account. Crypto portfolio apps are invaluable tools for crypto investors who like to stay on top of their investment. BitUniverse crypto portfolio app BitUniverse is one of the most highly used portfolio apps in the crypto space. The application set itself apart by becoming one of the premier portfolio apps to track both returns on investment and the balance of your crypto holdings in real-time. It also supports switching to fiat, BTC, and ETH-based data. BitUniverse provides additional functionality by supporting over 22 exchanges for tracking your coins. This way, you wouldn’t need to frequently update your portfolio whenever you make a trade on a cryptocurrency exchange.