TaxBit - A Website to generate Your Crypto Tax Refund Each Year
TaxBit
A Website to generate Your Crypto Tax Refund Each Year
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Hunter's comment
Have You ever wonder if you could get “tax Returns” from your Crypto Purchases? Well, wonder now more. Let me show you a site called “TaxBit”. TaxBit is a site that everything to keep track of all your crypto needs. A Tax Engine that will automatically keep track of your transactions that you make between your crypto and fiat world and calculate all of any cost, gains or losses and many different taxes of each trade. A very easy to follow dashboard to get an overview of your taxes and portfolio.
TaxBit is an amazing place to keep track of all your crypto needs. Transaction Tax in Detail. A way to understand your personal tax rates during gain or loss. A single click to gather tax reports quickly. A site that has access to many Crypto Exchanges on their site as well.
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This is going to be the bug bear of many crypto traders. No one knows exactly what they are getting themselves into when they start trading and having a tool like this to show you how good or bad you are doing is crucial. I don't believe in what the governments are doing regarding the tax and have not paid tax as yet. The rules and regulations will change again so i wont be tempted just yet. Great hunt though and one to download just in case.
I'll look into this, it may make my life easier.
Luckily accountants here in NY are quite familiar with crypto nowadays.
Dropping this here in case it may be useful to anyone else - free script to count 2018 income from transactions and rewards:
https://steemit.com/taxes/@gaottantacinque/steemit-taxes-calculator-free-script-to-calculate-the-sum-of-your-incoming-transactions-and-rewards
Take care 🙂👍
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