Bitcoin.Tax, Calculating Capital Gains and Taxes for Crypto-Currencies.
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Bitcoin Taxes, launched in 2014, has seen incredible growth in the past 24 months, providing services both to consumers and to tax professionals. Ready to meet the challenges of the crypto-currency explosion. Most countries consider Bitcoin and crypto-currencies as capital assets, and so any gains made are taxed like capital gains.
If you make profits from selling your coins, those profits are taxed. If you make losses, you may be able to deduct the losses and reduce your taxes. Bitcoin.Tax is partnered with nationwide companies that provide tax advice and tax preparation with CPAs knowledgable in crypto-currencies. They will work with you to complete and file your taxes, backed with the power of the Bitcoin.Tax system.