Acointing Through Trezor

[Roscoe_Word]

I got an email (don't think its phishing) from Trezor and it says Trezor has partnered with Acointing.

It saya Acointing is a program which facilitates your tax procedure.

Any facilitation of my tax program would be welcomed as I could get into a morass if I tried to do it myself.

Have any Trezor users pursued this avenue?

Do you think Acointing is trustworthy.

There was a section in the accointing program which says :"export public keys"

That's a red flag to me.

Any Crypto gurus who can help this old alter boy would be appreciated.

Thank you all.

[Arky]

Did a search in my deleted emails and found that one (12/14/2020). Also, had a plug for ChangeHero and CoinMate in the email, right?

I'm pretty sure it's legit but how helpful is that service? They are charging a fee. I'd rather give my fee to a CPA....

Public keys are the addresses you use to send/receive - They are visible to everyone on the blockchain, thus "public".

They are backed up by a private key. A private key is the one you never give out. When a person has your private key, they can take control of your holdings. On a Trezor, the private key is hidden from you. It's more or less your 24 word phrase.

[Roscoe_Word]

Thanks for checking, Arky.

Yep, that's the email with the plug for ChangeHero and CoinMate.

Think I'm gonna take a pass on the Accointing service and try a new CPA this year as my current one didn't know how to process the tax form I got from Coinbase(which I no longer use) 2 years ago.

Hope I don't receive a tax form from Gemini or Kraken this year as I'm below the 200 transaction and $20,000 level.

Thanks again, Arky.

[Arky]

Yep, the IRS doesn't make it very easy on the crypto user or the CPA's. They should just come out and say they are "anti-crypto". I've looked into some of the crypto tax programs and they are all so mind boggling complicated (to me, at least). Date stamps, transaction downloads from exchanges, getting the right info on the right form.....nothing simple and easy about them.

I'm a buyer/holder with crypto but this year got in with some of the interest drawing/earning crypto companies so I fully expect to get some 1099's this year. In the past, I've been able to do my taxes in less than a ½ hour on Turbo Tax. I'll probably have to get CPA help this year and most assuredly next year when I start taking some profits. A good CPA can keep the wolves at bay.

Good luck to ya.

[Roscoe_Word]

Yep, the IRS doesn't make it very easy on the crypto user or the CPA's. They should just come out and say they are "anti-crypto". I've looked into some of the crypto tax programs and they are all so mind boggling complicated (to me, at least). Date stamps, transaction downloads from exchanges, getting the right info on the right form.....nothing simple and easy about them.

I'm a buyer/holder with crypto but this year got in with some of the interest drawing/earning crypto companies so I fully expect to get some 1099's this year. In the past, I've been able to do my taxes in less than a ½ hour on Turbo Tax. I'll probably have to get CPA help this year and most assuredly next year when I start taking some profits. A good CPA can keep the wolves at bay.

Good luck to ya.

Thank you!