CoinTracker’s Post

👉 Wondering how much tax will you pay? Schedule a consultation session with our tax agent to know the factors that will influence your tax bill or potential refund. Some of the common factors are: ✅ Tax credits ✅ Low-income offsets ✅ Rental properties ✅ Cryptocurrency holdings ✅ Tax deductions ✅ Capital Gains Tax (CGT) 👋 Claiming all tax deductions, such as work-related expenses, self-education, donations, wfh, vehicle expenses, clothing and laundry expenses will reduce your taxable income. ➡ Contact us to know more about your unique tax situation. 🌐 https://lnkd.in/dTcAmm-E 📞 03 8806 1911 | 1800 TAX PUR ✉️ info@taxpurpose.com.au #taxpurpose #taxrefund #taxaccounting #accountant #taxagent #incometax #taxreturns #accountingservices #tax #taxes #accounting

Is there a bull market, but you're unsure how to handle your crypto taxes? We can help! 🐂💰 More and more companies are investing in crypto. We encounter issues daily where people want to invest in crypto or trust crypto companies with trading. The main concern isn't revenue; it's the lack of clarity on crypto taxation. Everyone fears the tax implications of their earnings and no one wants to evade taxes. In the UK, crypto is taken seriously, and there are already tax rules in place. Our company stays up-to-date with UK tax regulations. Whether you're a company or an individual, contact us, and we'll discuss the details. Until then, happy trading! 📊

Remember, your crypto taxes include more than just capital gains. Don't forget to report any extra crypto income, like rewards from airdrops, forks, or staking. The tax authorities want to know about it all! #CryptoTax

Happy Extended Tax Day, Crypto Enthusiasts! 💸 The tax extension deadline is here, so don't forget to wrap up your crypto gains and losses for the year. 📊💼 Always remember that Uncle Sam wants his piece of your moon pie! 🥧🚀 #CryptoTax #TaxDay #LaunchControl #cryptocfo #unclesam #cryptoaccounting #web3cfo #taxman #deathandtaxes #cryptohumor ✨

📢 Demystifying Crypto TDS Charges on Exchanges! 💰 Hey #CryptoCommunity, let's dive into the world of Tax Deducted at Source (TDS) on crypto exchanges: 1️⃣ Regular TDS Charge: Did you know? The standard TDS rate on exchanges is 1%. It's a small fee that's deducted when you make transactions. 2️⃣ ITR Filing Impact: If you haven't filed your Income Tax Return (ITR), there's a higher TDS rate of 5%. Stay tax compliant to save! 3️⃣ PAN Plays a Role: Sellers, ensure your PAN is linked. Otherwise, a hefty 20% TDS could be deducted. Stay in the know to manage your crypto gains smartly. Got questions? Drop them below! 👇💡 #CryptoTax101 #FinancialWisdom

Ugh, working on my taxes. #coinbase has decided to dip their toes into some terrible gains/losses sheet that is reportable to the IRS. I'm quickly finding out (I believe) the earned crypto from doing their quizzes has been reported and lacking detail for #turbotax to properly import. This is a major problem. I am not any major #hodler and have 50+ records to manually correct to the best of my ability. Make it stop! These transactions are worthless fractions.

What happens if you don't report #crypto on your taxes? Our new guide covers all about reporting (and not reporting) your #cryptotaxes! Discover how to report your crypto, the consequences of not reporting crypto, and much more. Full guide at https://lnkd.in/d293cNdN #reportcrypto #cryptotaxreports #cryptoreporting #cryptoportfolio #cryptoportfoliotracker #cryptotax #cryptotaxsoftware #cryptotaxtool #NFTtaxes #DeFitaxes

Focus on the tax planning and strategy implications that arise when clients and colleagues become more active users of bitcoin and other cryptoassets. Even with price volatility and regulatory ambiguity, there are tax factors that practitioners need to be aware of as usage and adoption of crypto continues to increase. Get actionable business intelligence with which to advise current and future clients. https://lnkd.in/gVxzt2Jk

💎 Elevate your crypto game with CapexCPA's "Crypto Elite Tax Plan"! 💎 This isn't just a tax plan, it's a complete crypto tax experience. From smart tax loss harvesting to DeFi tax optimization, crypto transactions review, tax impact projections, and quarterly crypto portfolio reviews, we've got you covered. But that's not all. Enjoy CRA audit defense & support, Canada Revenue Agency management, personal tax return, and a premium Koinly subscription. Ready to join the crypto elite? Book your Crypto Elite Tax Plan today at https://lnkd.in/dgMQnVgy 📞 #CapexCPA #CryptoTax #Accounting #CryptoElite

New to crypto trading? 🪙 Don't forget to track your transactions for accurate tax filing. Make sure you record: 🗓️ Date 💰 Amount 💷 Value in GBP/USD at the time of the transaction ➕ Fees incurred Consider using a crypto tax calculator to help with record keeping. #CryptoTaxTips #CryptoTax