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Chandan Lodha, cofounder and CEO of CoinTracker, explains why reviews from crypto exchanges could possibly be inadequate for submitting correct tax returns to the IRS, how one ought to observe one’s crypto transactions with a view to not over- or under-pay, and who can use the service. We additionally talk about how customers ought to deal with airdropped cash, new, complete guidelines on crypto taxation for UK taxpayers and correlations in coin possession that CoinTracker sees amongst its customers.
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CipherTrace: http://ciphertrace.com/unconfirmed
Episode hyperlinks
CoinTracker: https://www.cointracker.io
Chandan Lodha: https://twitter.com/cglodha
Unchained episode on all crypto-related tax points: https://unchainedpodcast.com/the-tax-rules-that-have-crypto-users-aghast/
CoinTracker integration with TurboTax: https://medium.com/cointracker/cointracker-partners-with-coinbase-and-turbotax-17f37a08bbb
CoinTracker and Coinbase integration (introduced after we recorded): https://weblog.coinbase.com/new-resources-for-crypto-taxes-b29651c3f5d4
CoinTracker put up on UK tax steerage: https://medium.com/cointracker/cryptocurrency-taxation-in-the-united-kingdom-3d99bb81b6b5
CoinTracker Cryptocurrency Coin Correlations: https://medium.com/cointracker/whats-in-your-wallet-cryptocurrency-coin-correlations-6c0aa6274882
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