CoinTracker unveils real-time crypto tax advice

Cryptocurrency tax and portfolio management solutions provider CoinTracker released CoinTracker Connect, which connects people with live professionals for real-time cryptocurrency-related tax advice.

The product contains a full-service dashboard, allowing users to collaborate with vetted professionals in real-time to go over their cryptocurrency-based tax liabilities. Professionals can work with people to do things like identify incorrect data, uncover missing transactions, complete entire tax returns, or get timely tax optimization advice. The release of this new offering serves as a bridge between going from a digital self-service model to an end-to-end tax filing hub.

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"Our long-term mission is to enable the use of cryptocurrency with peace of mind, and to deliver users the requisite resources to be compliant," said Vera Tzoneva, chief operating officer at CoinTracker, in a statement. "As the regulatory landscape continues to evolve, we're confident that CoinTracker Connect will help simplify the crypto tax filing process for users and accounting professionals."

Coinbase, which runs one of the largest cryptocurrency exchanges in the world, is slated to be the first company to use CoinTracker's solution.

"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," stated 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."

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Technology Tax Cryptocurrency Tax planning
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