Our team of tax experts has put together all the information provided by the IRS on cryptocurrency trading and investments. It includes the legal framework set up by the IRS, frequently asked questions and various nuances involved in income, payments and trading activity.
CashApp is very popular for transferring money, splitting bills and more. It is a mode of payment for small services too. Now that users are allowed to buy and sell Bitcoin on CashApp, they need to report the gains or losses on taxes. To make it easy for you, BearTax is now integrated with CashApp to generate tax documents.
Cryptocurrency could be earned in various ways apart from buying it on an exchange. This kind of earning should be marked as income and reported on your taxes. BearTax can help you identify, classify and calculate income in your native currency. Since it is a necessity, we made it available for free.
We believe Crypto Taxes must be easy and that is what we standby every day. On the day of the event, we were with ~20 teams and we pitched our product short and detailed using an 8 slides deck.
The session was informational, I should say a 100k worth of education. We got a few pointers on marketing, user experience, and fundraising.
We are looking forward to next week for the final Investor Pitch.
On our mission to encourage, educate and evangelize Blockchain & Cryptocurrency, we joined as an official sponsor for the prominent southeastern blockchain meetup - "The Atlanta Blockchain". BearTax now helps bring valuable speakers from across the country to help understand the developments in this space and also helps running other Bitcoin programming and Ethereum book reading meetups.
We've been writing articles on medium.com/beartax as a BearTax publication there. But, we have decided to bring it in-house and host ourselves to provide more value for customers with contextual exploration and many other custom features our users were missing out.
BearTax has started to abstract the scary part of cryptocurrency taxes & simplify it for everyone. The platform has now evolved based on customer feedback & changing regulations into a reliable & established platform.