Coinbase Makes it Easy for Users to File Tax Returns
With the US tax filing deadline approaching, Coinbase is launching a service that will allow customers to analyze and file cryptocurrency transactions with the IRS. Cryptocurrency exchange Coinbase announced on its blog the launch of a new service that will display all taxable user activity, including short-term and long-term profits and losses, in one place. Previously, cryptocurrency holders had to manually calculate how much they earned from trading cryptocurrencies and what tax rate was applied…