Over the past decade, the cryptocurrency market has grown from a pennies-worth ecosystem into a trillion-dollar industry. This is unsurprising as the market has won the hearts of retail investors, deep-pocketed individuals, institutional firms, wealth funds, and even governments. However, with many people making money from the industry, government authorities around the world have seen the need to impose taxes on crypto.

Each country has its crypto tax guidelines that users must comply with. Most tax authorities mandate taxpayers to create and submit accurate tax reports showing their crypto transactions throughout the tax year. But compiling these can be difficult, especially for those who frequently engage with crypto. What’s the best solution? Crypto tax software tools.

Over the past decade, the cryptocurrency market has grown from a pennies-worth ecosystem into a trillion-dollar industry. This is unsurprising as the market has won the hearts of retail investors, deep-pocketed individuals, institutional firms, wealth funds, and even governments. However, with many people making money from the industry, government authorities around the world have seen the need to impose taxes on crypto.

Each country has its crypto tax guidelines that users must comply with. Most tax authorities mandate taxpayers to create and submit accurate tax reports showing their crypto transactions throughout the tax year. But compiling these can be difficult, especially for those who frequently engage with crypto. What’s the best solution? Crypto tax software tools.