For taxes there are apps that calculate it for you and if you use a platform like Coinbase it has some tax functionality built-in.
The transfer itself is very simple. You put in the target address, calculate the amount and submit. The awesome thing here is that it is much, much faster than any international bank transfer. With Ethereum you are looking at minutes and Bitcoin should still be under two hours.
Of course this assumes that both parties already have wallets set up and have a way to get money in and out. Everyone I've interacted with already had wallets and were also eager to keep it in crypto which made everything even simpler. Using this to send money to my parents would be a complete nightmare though. On the other hand, setting up a Coinbase account while screen sharing might work and be ok if they pull the money out anyways...
The transfer itself is very simple. You put in the target address, calculate the amount and submit. The awesome thing here is that it is much, much faster than any international bank transfer. With Ethereum you are looking at minutes and Bitcoin should still be under two hours.
Of course this assumes that both parties already have wallets set up and have a way to get money in and out. Everyone I've interacted with already had wallets and were also eager to keep it in crypto which made everything even simpler. Using this to send money to my parents would be a complete nightmare though. On the other hand, setting up a Coinbase account while screen sharing might work and be ok if they pull the money out anyways...