Evelyn Smith, Author at BearTax | Blog

IRS crypto guidelines

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Cryptocurrency

Can IRS access my cryptocurrency transactions?

The IRS crypto guidelines are clear on what cryptocurrencies are. And with how they’re proceeding, there could be more complex…

import crypto trades

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Uncategorized

How to import crypto trades from an unsupported exchange?

How can you import crypto trades from unsupported exchanges to BearTax and be done with the tax calculations? We remember…

bitcoin taxes

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Cryptocurrency

Why do we need to pay taxes on Bitcoin?

Bitcoin is decentralized, but not anonymous. For it to be legalized as a monetary product, it has to be regulated.…

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Cryptocurrency

Received 1099K from Coinbase Pro? Here’s how to deal with it.

Exchanges like Coinbase provide transaction history to every customer, but only customers meeting certain mandated thresholds will also receive an IRS…

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Announcements

IRS guidance on cryptocurrency [Updated 2020]

IRS has provided updated guidance today. This is the first update in 5 years. We went through it and summarized…

beartax-atlanta-tech-startup

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Announcements

BearTax Selected as a Venture Atlanta 2019 Showcase Company

BearTax announced today that it has been chosen out of hundreds of applicants as one of 42 rising star companies in the Southeast that will showcase their emerging technologies at Venture Atlanta 2019.

Ethereum wallet import

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Crypto Taxation

How do I import Ethereum transactions to BearTax?

We’ll go through the instructions on how we can import transactions on Ethereum blockchain to BearTax and calculate your gain/loss…

earn rewards with beartax

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Announcements

BearTax Referral Program – Earn $10 for every referral

Making money with our generous referral program was never been easier. Refer your friend, fam or tribe to signup for BearTax using your link and you earn $10 for every successful referral.

irs notice cp2501 and cp2500

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Crypto Accounting

IRS Notice CP2501 and CP2000 for Cryptocurrency Traders

Received IRS notice cp2501 or cp2000 stating that you have under-reported your cryptocurrency on your tax returns, then you are not alone. Read more…

IRS sends letters to cryptocurrency traders

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Crypto Accounting

What is 6174-A, notice from IRS to cryptocurrency traders

IRS, Internal Revenue Service – the tax authority in the United States has sent out notices to thousands of cryptocurrency…