Cointelli has launched an application for tax calculations for cryptocurrencies and other digital assets. The software, which covers more than 100 wallets, blockchains, and exchanges, is designed to help users determine tax liabilities.Coinbase, Binance and Cash App are among the platforms supported. The software calculates activities than range from buy and sell transactions to DeFi, staking and margin trading.
Two versions area available: One is for individual investors and cryptocurrency holders and the other for tax filing companies such as accounting firms. The consumer version is priced at $49 per tax year. The company’s website says the enterprise version is designed for those with more than $100,000 in yearly trading volume. Users pay only when they file their taxes.
Cointelli describes the calculation process as calculating gains and losses in for easy steps. The system does not ask for keys and only reads access keys. The company says the software integrates with a variety of platforms but cited only TaxAct and TurboTax on its website
