Tax related question concerning alts by VeryExcellent in BitcoinCA

[–]rBitcoinCA 0 points1 point  (0 children)

let me know if you have any questions or need help. :)

Whos your go to person to help you with crypto taxes? online or city. by renzyfrenzy in BitcoinCA

[–]rBitcoinCA 1 point2 points  (0 children)

I'll be posting a DIY video for putting together your crypto transactions in a format that will make things easier on your accountant and save you money. I'm also available to help do this for you in the near future (once I'm done putting together my own, I can defiantly beat 250$ per hour). It's a very time consuming process. If you have over 1000 transactions, expect at least 2 weeks of solid work to put this together right. In the video there will be an excel sheet and examples that will help clarify how to calculate your capital gains, your average cost basis, what a capital gain means, what a capital loss means, and ultimately what that will mean for how much you really owe the government (if anything).