• CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, has announced the launch of its newest product: CoinTracker Connect.
• The collaborative hub enables users to add their existing tax professional, connect with vetted tax professionals as needed, and benefit from personalized expert support.
• Coinbase will be the first company to use the new solution, allowing crypto users to collaborate with vetted tax professionals in real-time.
CoinTracker Launches New Product: CoinTracker Connect
CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, today announced the launch of its newest product: CoinTracker Connect. This novel collaborative hub enables users to add their existing tax professional or connect with vetted tax professionals as needed in order to benefit from personalized expert support. Through this full-service dashboard, digital asset holders are equipped to file taxes accurately, confidently, and in a compliant manner.
Challenges Facing Tax Professionals & Crypto Users
Filing taxes on digital assets is challenging for both taxpayers and their tax professionals. Although 21% of Americans own cryptocurrency, nearly half of these investors were unaware of the need to file crypto taxes – indicating a growing need for expert professional guidance. As more people adopt digital assets and search for crypto reconciliation experts or CPAs who can complete full tax returns or provide advice on taxation matters, CoinTracker Connect bridges the gap between a digital self-service model and an end-to-end filing hub.
Coinbase First Company To Utilize Solution
Coinbase will be the first company to use CoinTracker Connect’s services. “One of the most common questions our clients ask is whether they can be connected with a tax professional who understands the nuances of digital assets,” said Jessica Williams, Director of Brand and Partnerships at Coinbase. “We look forward to bringing Connect to our clients so that they can easily receive the support they need.”
Benefits Of CoinTracker Connect
The features offered by Coin Tracker Connect allow crypto users access personalized expert support when filing taxes quickly while providing peace of mind that all transactions are being completed accurately and compliantly according to current regulations. With this service offering in place it makes it much easier for individuals owning any amount of cryptocurrency get accurate information on how taxation works within this space as well as properly file all necessary paperwork on time each year without needing specialized knowledge about digital assets themselves.
In conclusion, Coinbase will be utilizing Coin Tracker’s newest product; Coin Tracker Connect which helps bridge any gaps between digital asset holders needing help filing their taxes correctly and finding reliable sources such as qualified CPAs or other experts who can assist them with this process smoothly and efficiently each year going forward – helping ensure that all taxation related requirements are met properly every single time without fail!