Hi everyone, my name is David and I'm the founder of YaxReturns.com. Great job so far, CoinTracker team!
Yax also provides a tax solution for cryptocurrencies.
We launched yesterday on Product Hunt: https://www.producthunt.com/posts/yaxreturns.
And our video walkthrough: https://www.youtube.com/watch?v=vViXhiMNufo
Website: https://yaxreturns.com/
We offer:
• 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
So far the biggest challenge in building a comprehensive tax solution is that exchanges, wallets, and blockchains do not all provide API's into their data, and their data formatting is different across each one. I can tell that CoinTracker has experienced this issue as well from the comments on this thread. Integrating with all major exchanges is definitely going to be a possibility in the future, but for the foreseeable future, the priority will likely be making it as easy as possible for users to upload, edit, and review their transaction data as easily as possible before submitting to the IRS. After all, it's real money that you're reporting on.
That said, please do check out YaxReturns.com as you consider a crypto tax calculator this year. We have new tools being built as we speak that will help you manage your taxes easily on a daily basis instead of scrambling to gather data and file them every April =).
Once again, congrats to the CoinTracker team on their launch!