The Blockchain Show

154: BearTax with Vamshi Vangapally

Informações:

Synopsis

Vamshi is the CEO and co-founder of BearTax. He joins Ethan to explain how his team's software is helping cryptocurrency traders file taxes with ease and confidence. With tax season upon us, learn the IRS's latest stance on crypto and what that means for investors and businesses. Also why it's crucial to classify cryptocurrency income appropriately, both gains and losses, and how accurate record keeping goes a long way. Vamshi speaks to why this is so and some of the advantages of their smart matching program across multiple exchange platforms. Users can even go backwards to update previous returns and become current on back taxes.