We are pleased to announce that Gemini will begin implementing the TaxBit Tax Center Suite technology to automate and optimize your cryptocurrency tax reports. This will do it simple and easy for you to complete your crypto taxes.
When Tax Center Suite is fully implemented on Gemini, customers in the United States will be able to download a completed tax report that can be uploaded for use in a variety of popular tax filing software or transferred to an accountant in the same format as the IRS insists.
Tax Center Suite will also provide you tools to monitor and reduce your tax liability (or possibly increase your tax refund) as you use Gemini throughout the year. You will be able to see the real-time tax impact of your transactions, as well as receive trade alerts when tax-saving opportunities become available.
Onwards and upwards!