Coinbase and PayPal Invest in Crypto Tax Reporting Tool TaxBit

The firm provides a platform for automated tax reporting for both cryptocurrency users and companies. Thanks to their legal status as property in the US, every time an individual spends or trades a cryptocurrency, they’re potentially triggering a taxable event. Adding to potential confusion are crypto-specific, income-generating concepts such as staking, mining, and airdrops. TaxBit … Continue reading Coinbase and PayPal Invest in Crypto Tax Reporting Tool TaxBit