[2018-03-13] - Coinbase Releases Cryptocurrency Tax Calculator

[Greenkarki]

https://www.coindesk.com/coinbase-eases-crypto-tax-procedure-with-gainloss-calculator/

Cryptocurrency startup Coinbase has launched a new gain/loss calculating tool as part of an effort to help its user base keep up with U.S. tax requirements.

In a blog post published on Tuesday, the firm explained that the calculator can be used to generate a report which outlines their capital gains (or losses) on its platform, using a first-in-first-out (FIFO) accounting method.

Upgrades do help its customers?