The issue of taxation has been in the spotlight recently with the IRS sucessfully obtaining records of more than 10,000 Coinbase users and their Bitcoin activity during 2013-2015. More and more people and realizing they must do something about including their crypto trading and spending in their tax forms.
Many people don't even know where to begin.
Visor and Bitcoin.Tax have partnered to provide our crypto tax calculations with a full service.
Visor is an online tax filing and advisory service that removes the hassle and complexity of doing your taxes. Visor's in-house tax team professionally prepares your tax return at a flat annual fee. The flat fee covers federal and unlimited state filings, advice on reporting complex crypto transactions, foreign bank account reporting disclosures, and assistance in the case of IRS inquiries.
Visor's tax professionals are experts in crytocurrency taxation and have partnered with Bitcoin.Tax to make taxes simple. In addition, Bitcoin.Tax users will received a $50 discount to the Visor service.
Visor and Bitcoin.Tax are also hosting a joint webinar on Thursday March 8th at 10am PST to talk about general crypto taxation and answering any questions.
The tax treatment of cryptocurrency has received very little guidance from the IRS, but that does not mean it is not taxable. The settlement between the IRS and Coinbase highlights the risk of not being compliant in reporting all income and capital gains. We'll review common practices for U.S. tax reporting and how Bitcoin.Tax and Visor have partnered together to simplify your taxes.
Register here to for the webinar on March 8th at 10am PST.
