Yeehaw! I'm a cowboy. I don't know anything about taxes. But I do know about crypto. And I know that crypto taxes are a pain in the neck.
That's why I was so excited to try Cointracking.info. This crypto tax software is supposed to be so easy, even a cowboy could do it.
And I'm here to tell you, it's true! Cointracking.info is so easy to use, I had my taxes done in under an hour.
Here are some of the features that make CoinTracking.info so great:
- Supports over 1,200 cryptocurrencies
- Tracks your trades across multiple exchanges
- Calculates your taxes in over 100 countries
- Generates reports that are easy to understand and file
- Offers a free plan for basic users
Here are some tips for keeping good crypto tax records:
- Download your trading history from all of your exchanges and wallets.
- Keep a spreadsheet of all of your trades, including the date, the amount, the price, and the exchange.
- Save all of your receipts for any crypto-related expenses.
- If you have any questions about your crypto taxes, be sure to consult with a tax professional.
But here's the thing: even though Cointracking.info is easy to use, I still wouldn't recommend it to a cowboy.
Why? Because crypto taxes are complicated. And even though Cointracking.info makes it easier, there's still a lot of risk involved.
So if you're a cowboy, I would recommend hiring a professional to do your crypto taxes. It might cost you a few bitcoins, but it's worth it to avoid any potential problems.
But if you're not a cowboy, and you're looking for an easy and affordable way to do your crypto taxes, then I highly recommend Cointracking.info. It's the best crypto tax software I've ever used.