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BearTax is the powerful and diverse cryptocurrency tax software. Say goodby to all your manual tax works! Try this advance platform to import all your trades from different exchanges and calculate your capital gains or losses. Now you can prepare and file your tax within few minutes. Most importantly; that is without spending thousands of dollars on hiring finance expert. Do it yourself at your time or office at your time! Yeah it is cool, isn’t it!
Whether you are an individual trader, fund manager or a finance agency who manage clients with their trades; the Bear.Tax is your perfect solution. It is an easy to use, yet powerful cryptocurrency tax management software. The platform not only identify and import trades from various exchanges; but also auto generates tax documents. Are you facing difficultly in measuring your loss or gain for volatile digital currency; then the BearTax hat got you covered. Now you can calculate and file tax easily!
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Is It Reliable and Safe Tax Management Software?
BearTax was founded in 2018 by Vamshi Vangapally. The mission is to provide the effective platform for cryptocurrency traders to help them manage trades and calculate taxes without heavy manual lifting work.
How Does Bear.tax work?
The system works in three easy step.
- Once you login to your account; they will import all your trades from almost every exchanges with the help of API or file uploads.
- Next step is to review your trade prices and process your transactions using LIFO or FIFO methods.
- Wait and the system will does everything for you. It automatically generates your tax documents. Download it and send it to your accountant or tax software of your choice.
Take a look at some awesome features of BearTax:
- The robust platform is designed for frequent traders and accounting professionals to calculate even millions of transactions per minute.
- Allows to import from more than 50 exchanges via CSV or API. It includes Coinbase, Gemini, Binance, Coinex, Changelly, Bitfinex, HitBtc, Kucoin and many more.
- It auto-generate completed tax documents such as IRP form 8949, Audit Trail Report, Short and Long term sales report.
- Keeps the track record of all your trade as well as cost basis.
- Smart algorithm identifies transfer across exchanges and reduce your taxes.
Packages and Pricing
BearTax has a simple and fair pricing model based on the number of your transactions. You can import and preview your Loss/gain information for FREE. No paywalls, Pay only to download your tax documents. There are four different plans available at Bear.tax; a Basic, Intermediate, Expert and a Professional. The Basic support up to 20 transactions and cost $1 per tax year. An Intermediate cost $300 a tax year and supports up to 200 transactions. The Expert allows up to 1000 transactions and multiple exchange accounts. The price per tax year is $100 only. The Professional plan supports up to 10,000 transactions and cost $200/tax year.
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Originally posted 2020-01-03 11:22:36.