BearTax - Cryptocurrency Tax Software

Bitcoin & Cryptocurrency Tax Software

17 followers

Bitcoin & Cryptocurrency Tax Software

17 followers

Easy to use cryptocurrency tax software for individual traders and CPAs to manage clients and their trades, calcuate capital gains and help them prepare and file taxes

Launch tags:Web App•Fintech•Tech

Launch Team

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Promoted

Could be a very useful resource given the lack of clarity in crypto regulations internationally - but how do you plan to support filing for different nations given the variety of different tax codes and laws? Also, considering the fact that daytraders would be most in need of this resource, and there's nothing between 999 and 100,000 transaction levels, maybe it would make sense to introduce a subscription option, a lower monthly fee that lets them keep an eye on their taxes as they develop, rather than doing it once yearly en masse and potentially being surprised by the figure.

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8yr ago

BearTax - Cryptocurrency Tax Software

Maker

Thanks @chrisskillicorn, for now, we are giving a detailed CSV with taxable transactions, which users can upload into their local tax software or provide it to their CPA and file accordingly. Meanwhile, our BD team is working with CPAs and equivalent accounting professionals in various countries to understand their laws and enhance our platform to meet their needs. That's a great suggestion on making it easy for professional high volume traders to calculate month on month while keeping an eye on their tax obligation.

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8yr ago

I'm a 1st year Crypto trader. Taxes were stressing me out. OMG no worries !

Pros:

So easy and painless! Great support. Walked me through it!

Cons:

Maybe add a performance tracker?

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7yr ago

BearTax - Cryptocurrency Tax Software

Maker

@dennis_mast Sure Dennis, it's on our roadmap. We'll keep you posted when it's live.

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6yr ago

Glad I found this site to help process over a thousand transactions!

Pros:

API upload

Cons:

Chat isn't much help, and site seems slow but overall very useful

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7yr ago

BearTax - Cryptocurrency Tax Software

Maker

@bradley_c Thanks Bradley for your feedback. We have bumped up our operations to provide 24x7 support. Hope to resolve your queries much faster the next tax year.

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6yr ago

Thanks for relieving the stress of crypto tax :)

Pros:

Super easy to use and supported all the exchanges I traded on.

Cons:

API integration for more exchanges.

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7yr ago

BearTax - Cryptocurrency Tax Software

Maker

@miyurufernando Sure, we are working on integrating with more exchanges via API and also supporting margin trades. We'll keep you posted.

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6yr ago

Direct sync for more exchanges / wallets would be helpful

Pros:

I purchased the $199 plan and it worked fine. Great product you've built

Cons:

No alternatives I've seen that are this easy for US tax prep

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6yr ago

BearTax - Cryptocurrency Tax Software

Maker

@colin_walsh2 Thanks Colin! Glad we could help. Appreciate your feedback.

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6yr ago

Great software with actual support!!! Made things super easy once we figured out a small glitch on my end.

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7yr ago

They do an incredible job of aggregating all of your trading data. I had over 7000 trades which they easily processed correctly. I will definitely use them again next year.

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7yr ago

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