Beta Virtual Assistance Unveils Specialized Crypto Tax Services

Beta Virtual Assistance has launched its specialized Crypto Tax Services. This new offering aims to assist cryptocurrency investors in navigating the complex tax landscape associated with digital asset investments.

The announcement comes as a response to the growing demand for clear and accurate crypto tax reporting solutions. With the IRS and other tax authorities intensifying their focus on cryptocurrency transactions, it's imperative for investors to have a reliable partner to ensure compliance with evolving tax laws.

Beta Virtual Assistance's Crypto Tax Services are designed to simplify the tax preparation process for investors, providing a seamless experience from start to finish - whether you are a seasoned crypto trader or a newcomer to the digital currency space.

Their services are provided either on a turnkey, ‘done for you’ basis, or in an advisory, ‘done with you way’. The second option is supported by a community with a slack group and weekly calls, as well as an Ebook and courses authored by Beta’s founder.

Beta also provides a wealth of resources and insights through its blog. Recent posts cover crucial topics such as the tax implications of trading crypto, the importance of timely tax preparation, and the basics of crypto tax reporting.

At the helm of Beta Virtual Assistance's financial division is Jessica Freeman. A self-taught stock and options investor with a gift for educating others, Jessica's journey into cryptocurrency began with a chance encounter with Guillaume Proulx, now the VP of Technology at Beta. 

Together, they delved into a crypto-investing course but saw that tax advice was lacking. Jessica has now dedicated her time to mastering the intricacies of crypto transactions, aiming to alleviate the tax reporting woes of crypto investors. Her efforts have not only reduced tax bills but have also unraveled the complexities of crypto tax reporting, allowing clients to focus on other aspects of their lives.

Guillaume Proulx, with his extensive experience as a software engineer in Silicon Valley, spearheads the tech division as the Vice President of Technology. Guillaume's early foray into cryptocurrency dates back to 2014, and although an early exit saw him part ways with his first Bitcoin, the experience fueled a journey of education and exploration in the crypto sphere. 

Freeman says “I am a self taught investor and have invested for a very long time. Since day one, I’ve always been sure to pay my taxes on time. It’s frustrating that there are so many crypto gurus helping people make gains through crypto, but they are almost never advising them on what taxes they need to pay. Too many crypto investors don’t know that any crypto transaction - even between different crypto coins - may need to be reported. That’s why we are partnering with CPAs and tax advisors to offer our services to their clients.”

Beta also offers an online course that enables clients - even those with over a million crypto transactions - manage their taxes correctly by following detailed tutorials, guides and checklists. Crypto taxes are similar enough around the world to allow Beta to have global clients, according to the firm’s founders.

With the end of the US tax year fast approaching, Beta Virtual Assistance expects increased interest in its services.

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