When it comes to crypto taxes, a common question is how to track crypto taxes and how you can keep track of your investments. In today’s video, I talk about the different Crypto Tax Softwares that you can use in Australia. I talk about the key differences and which one I think is best. In particular I do a comparison of Koinly and CoinTracking and tell you which one I think is better.
What software do you use to track your Crypto Taxes?
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💼 How I Track My Crypto Investments for Tax Time
Crypto Tax Calculator – https://cryptotaxcalculator.io?fpr=xo5ak (Get 20% Off using the code BFF2020)
Koinly – https://koinly.io/?via=9B29D87A
CoinTracking – https://cointracking.info?ref=E484421
✏️ How I Track My Investments for Tax Time – https://portfolio.sharesight.com/refer/AST31
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💸Pearler (Australian Based) ($9.50 brokerage and Free Brokerage on Some ETFs) – https://pearler.com/home?deal=rooshock
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0:33 Why it’s important to track crypto gains for tax purposes
1:31 Koinly Summary
4:22 CoinTracking Summary
6:58 Which is better, Koinly or Cointracking?
8:04 Crypto Tax Packages
Ethan ‘Rooshock’ (Rucioch) is an Australian business owner in his mid 20’s. He is the owner and director of Rooshock Accounting, an accounting firm. He is also the creator of an NFT project, Rooshocks. In his spare time, he enjoys travelling as well as watching countless hours of sport. On this channel you will find a range of different content, including personal finance, business advice, tax tips, crypto tax tips, NFT discussions and even some social media marketing content.
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The information in this video and on this YouTube channel is for entertainment and general information purposes only. It should not be taken as constituting professional advice. You should not rely on it as financial advice. There are always risks in any financial decision and all decisions should be made on an individual basis. You should conduct your own research and seek independent professional advice where needed. Some of the links in this video or video description may be affiliate links. Ethan Rucioch, Rooshock Enterprises Pty Ltd, Rooshocks Pty Ltd or any other related party may receive a commission through these.
#cryptotaxsoftware #koinly #cointracking
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