Hey Product Hunt! I built Yax because I couldn’t find any reliable source of information on crypto taxes. Literally no one I knew could tell me exactly how cryptocurrencies were treated from a tax perspective, how to calculate capital gains, losses and cost basis, or whether they were even taxable according to the IRS. Not even my finance or accounting friends knew whether crypto was a currency or an asset--most accounting firms have not yet developed an approach to treating digital currencies yet. After seeing Google searches for “cryptocurrency accountants” spike in summer of 2017, I realized that other people probably shared my frustration. So I took my accounting background and typing skills and built Yax--the simplest tool for calculating and printing your crypto tax returns. Just connect to the exchanges you used in 2017, and let Yax crunch the numbers. Here are the main product features: • Importing of transactions from major exchanges and wallets • CSV uploads • FIFO, LIFO, LIFO Perpetual, and Average Cost accounting methods • PDF tax form downloads • Editable transactions • A unique interactive “Ledger Tool” for visualizing and editing your transaction data • An emphasis on security, encryption, and user anonymity And here’s an article I wrote, laying out in bullet point form everything you need to know about filing your crypto taxes in 2018: https://hackernoon.com/the-ten-c... I hope you guys find this tool useful! There is a lot of work to be done for crypto taxes, now and in the future. And I plan to make many more tools to convert the pain-point from a once-a-year headache to a zenful everyday trading platform =). Please feel free to reach out to me at: david@yaxreturns.com, support@yaxreturns.com @hollandale, @yaxreturns

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Calculate your cryptocurrency capital gains and taxes

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