As we near the 2021 Filing Season we are preparing our Organizers to send out in January.

Since Crypto really took off in 2020 & 2021 we have found it prudent to mention the reporting obligations to our clients as the IRS is pursuing nonreporting currently. 

The issue is that the crypto world moves fast, and investors may only have $10 in their account but buy and sell an unlimited amount of times throughout the year, with each transaction needing to be disclosed. 

There is software available online that will download the transactions from the wallet(s) and compile the 8949s and we would like to suggest some to our clients in the letter.

So, after the long winded explanation, I am wondering if anyone has and experience with those softwares, and which ones you would recommend that import well into Lacerte.

Chad Gruber CPA