<== Site Review (2019-11-18) ==>
People who trade in cryptocurrency have attracted the attention of tax collectors. Anyone with a crypto wallet should be prepared for an audit.
TaxBit is a program that tracks tax liabilities associated with cryptocurrencies. The program interfaces with popular wallets and calculates taxes according to generally accepted accounting principles.
Due to the volatile nature of crypto, I suspect that most people who trade crypto will experience tax losses. Have no fear. According to the video, the TaxBit program is geared to help people find ways of getting tax credits for their crypto losses.