The widely used cryptocurrency platform, Coinbase, has recently provided information about over 13,000 customers. To facilitate the tax filing process, they now offer support to users through a new tax calculator. Although it doesn’t automatically submit details for users, it aims to ease the workload for clients and their financial consultants. Essentially, this tool produces …
As tax season nears, Americans prepare for filing payments and returns. It’s also a time to maintain fresh financial records for the upcoming year. Amid these activities, individuals who transacted with cryptocurrencies were required to provide pertinent data for over 14,000 customers involved in transactions exceeding $20,000 in bitcoins (BTC) between 2013 and 2015. Those …