Howdy Carlos
Once Benjamin Franklin said
"Nothing is certain in this world except death and taxes. "
As a crypto trader & investor, you need to pay taxes on your crypto income. If not, the tax collectors will come out looking for you.
The question is, where do you start?
Just like you, I had the same headache when I realized I had to start reporting my crypto activities for taxation.
As a guide, I created this simple yet resource-packed piece to help you navigate the crypto taxation space.
Read: How To Calculate Taxes on Crypto (Best Crypto Tax Software) 👈👈
Some of the best software for calculating crypto taxes:
- Koinly
- Cointracker
- Tokentax
Carlos so you know, I'm a techie, and well versed with Cryptocurrencies. Just like you, I'm also navigating the world of Crypto taxation. So use my research as a starting point, but do take it with a pinch of salt.
You should consult a Crypto tax expert to ensure your books are in order, and you are reporting your taxes well. You are going to make a lot of money, however, a little smartness at this stage would save a lot of headache in the years to come.
See you in the next email.
Ta da!
Harsh Agrawal
Note: This article is for educational purposes only!
✅ Crypto Taxation Time: Prepare your taxes