Simplifying Crypto Taxes in Partnership with TokenTax

Simplifying Crypto Taxes in Partnership with TokenTax

🎶It’s the least wonderful time of the year🎶

It’s the same every year.

November and December are full of the loving embrace of this and kin. January brings with it resolutions and optimism for the exciting new year ahead. And by February you’ve realized that you really, really can’t put off thinking about taxes any longer. Womp womp.

In all seriousness, while tax time can be a frustrating season for anyone, it is particularly so for the crypto faithful, who have to keep track of what seems like a constantly evolving set of rules and are often left to deal with a huge number of individual transactions to account for.

Blockfolio is fundamentally about letting you crypto more. We help you put all the details of all your portfolios in a single spot so you can spend less time tracking and more time learning and acting. So when it comes to planning for tax season, we also want to help make it as painless as possible.

That’s why we’re excited to announce our partnership with TokenTax. We’ve looked across all the crypto tax services and are convinced that TokenTax’s product is absolutely best in class.

In short, TokenTax automates all of your crypto tax reporting. Simply import your crypto trading history from exchanges and they handle the rest. What’s even better, for those of you who have already taken the time to import your exchange info to Blockfolio, our partnership gives you the ability to auto import that information to TokenTax — an easy time-saving step. For those who haven’t, however, never fear. Token Tax makes it easy to either manually enter data or connect directly to your exchanges.

Importantly to us, they’re not just a software tool. They’re a software tool built by real CPAs who understand exactly what’s going on and can help you navigate complexity. They back up their software with what one Silicon Valley crypto investor called “the best customer service I’ve ever experienced from a startup.” (And that’s not the only rave review — just scroll to the bottom of their homepage to see how many professional investors rely on them).

Finally, because we love you, Blockfolio members get 10% off any TokenTax package they purchase.

To take advantage, simply go to tokentax.co/blockfolio

This year, make tax season easy on yourself.

Published at Wed, 12 Feb 2020 00:08:00 +0000

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