Introduction
CoinTracker, the market leader in cryptocurrency tax and portfolio tracking for consumers, announced the launch of its newest product: CoinTracker Connect. This collaborative hub enables users to add their existing tax professional, connect with vetted tax professionals as needed, and benefit from personalized expert support. Coinbase is the first company to use this solution.
Benefits of CoinTracker Connect
CoinTracker Connect bridges the gap from a digital self-service model to a robust, end-to-end tax filing hub. It ensures digital asset holders are equipped to file taxes accurately, confidently, and in a compliant manner. Additionally, it allows users to collaborate with vetted tax professionals in real-time to identify incorrect data, uncover missing transactions, complete entire tax returns or get timely tax optimization advice.
Need For Professional Guidance
The adoption of digital assets is growing rapidly and crypto users are increasingly searching for crypto reconciliation experts and CPAs to execute full tax returns or provide tax advice. However nearly half of these investors were unaware of the need to file crypto taxes indicating that there is an urgent need for expert professional guidance.
Benefits For Tax Professionals & Crypto Users
CoinTracker Connect provides benefits for both tax professionals and crypto users alike by streamlining engagement between them .Tax pros can now easily handle digital assets while taxpayers can get access to personalized expert support when filing their taxes on digital assets.
Coinbase’s Partnership With CoinTracker
Coinbase will be the first company to use the new solution introduced by CoinTracer which will enable their clients to easily receive support when dealing with cryptocurrencies for taxation purposes. Jessica Williams Director of Brand and Partnerships at Coinbase expressed her enthusiasm about this novel collaboration stating that “we look forward to bringing Connect to our clients so that they can easily receive the support they need.“