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What is Taxoshi?

If you've participated in any transactions involving digital currencies, such as buying, selling, or earning them during a specific tax year, it's very probable that you'll need to disclose any resulting gains or losses on your tax return. Should you have any doubts about what is required of you, seeking guidance from the Inland Revenue or your tax professional is recommended. In New Zealand, digital currencies are regarded by the Inland Revenue as a type of property. Their cryptocurrency taxation guidelines dictate that you must evaluate profits or losses based on the First in First Out method, with values converted to New Zealand Dollars at the time of each transaction, even when dealing with various cryptocurrencies. This evaluation can be intricate and may take several days to navigate, particularly if you have multiple trades. In the event that you have suffered a loss, you may be able to offset that against your income tax, which can offer some financial relief. To ease this burden, our sophisticated algorithms can automate the necessary currency conversions and accurately calculate your trading and mining gains and losses in accordance with the guidelines set by the Inland Revenue. By simply supplying your exchange records and mining addresses, we take care of the entire process, ensuring that you remain compliant and precise in your reporting. Ultimately, this allows you to concentrate on growing your investments without worrying about tax-related complications. Additionally, our service provides peace of mind by ensuring that all calculations are done accurately and efficiently, leaving you free to enjoy your ventures in the digital currency space.

What is IQMining?

The IQMining platform combines cloud mining with daily payouts and offers opportunities in Forex margin trading, options, and cryptocurrencies, enabling users to significantly boost their income potential. With a wide range of cloud mining contracts, IQMining allows users to earn payouts in well-known cryptocurrencies, including over 100 altcoins, as well as a fixed payment option in USDT. By selecting a contract today, you can anticipate your first payout in your cryptocurrency wallet as early as tomorrow. The platform is committed to providing the most profitable and reliable cloud mining contracts, ensuring daily payouts in the currency associated with each contract. Start your journey into the world of cryptocurrency and stablecoin cloud mining today, with your initial payout arriving the very next day! Furthermore, users can partake in trading Crypto and Forex CFDs, with the potential to earn as much as 95% additional income in just 60 seconds on the IQMining platform. By mimicking the strategies of top traders, you can further enhance your earnings! Additionally, there is an option to pledge your cloud mining contract, allowing you to receive up to 100% of its value, effectively increasing your income through cryptocurrency trading while taking advantage of various market opportunities. This comprehensive approach not only diversifies your investments but also maximizes your potential for profit in the rapidly evolving digital currency landscape.

Media

Media

Integrations Supported

Bitstamp
Binance
BitPrime
Bitcoin
Easy Crypto
Ethereum
Exodus
Independent Reserve
Kraken
Litecoinpool
Poloniex
Ripple

Integrations Supported

Bitstamp
Binance
BitPrime
Bitcoin
Easy Crypto
Ethereum
Exodus
Independent Reserve
Kraken
Litecoinpool
Poloniex
Ripple

API Availability

Has API

API Availability

Has API

Pricing Information

$99 per tax year
Free Trial Offered?
Free Version

Pricing Information

$0.939 per 10 GH/s
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Taxoshi

Date Founded

2014

Company Location

New Zealand

Company Website

taxoshi.com

Company Facts

Organization Name

IQ Mining

Date Founded

2016

Company Location

United Kingdom

Company Website

iqmining.com

Categories and Features

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

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