Coinbase Introduces Tax Tools
Coinbase Introduces Tax Tools
Coinbase has introduced a new reporting tool allowing US customers to analyze their cost basis for taxes, just in time for the 2017 Tax Season. US residents will have until Tuesday, April 17th to file their taxes with the IRS, reporting all gains realized from the sale of cryptocurrencies.
Coinbase has updated their FAQ to encourage all customers to pay their taxes. How many people do you think will?
Maybe that’s why their homepage listed Ethereums price under Litecoin for those few weeks, they were putting all their energy into the fancy tax forms.