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February 22, 2022

Ledgible Partners with Wolters Kluwer to Provide Cryptocurrency Reporting

Ledgible has an established partnership with Wolters Kluwer to help tax practitioners service cryptocurrency clients. CCH Axcess™ Tax and CCH® ProSystem fx® users can import clients’ cryptocurrency gain/loss reports generated from Ledgible directly into these tax software solutions. Tax professionals can get started today by using Ledgible Crypto Tax Pro.

Through this partnership, Wolters Kluwer, a leading tax professional software provider, is able to provide their users with cryptocurrency tax and accounting solutions through the Ledgible Platform. This partnership also enables Ledgible to continue to be a leader in the professional cryptocurrency tax and accounting space, building upon Ledgible's success in the institutional and professional crypto asset management space

The IRS currently asks every American about their virtual currency holdings, trading, or usage on the first page of IRS Form 1040. This means cryptocurrency traders, tax professionals and accountants need cryptocurrency tax and accounting solutions to cut through the monotony of compiling, sorting, and categorizing all crypto transactions in a given year. Due to the significant data variability of cryptocurrency transactions as well as the non-standard guidance from the IRS, tools like Ledgible help make cryptocurrency data, legible, to tax professionals.

Ledgible continues to lead the charge in ensuring institutional and enterprise crypto adoption, serving as the bridge between the wild west of decentralized finance, cryptocurrencies, and other new financial products and the traditional practices of accounting and tax. Ledgible is designed and supported as a professional-first cryptocurrency tax and accounting solution, meaning that unlike other cryptocurrency solutions focused for the consumer market, Ledgible has every solution needed for tax professionals and accountants.

Ledgible is incredibly excited to foster and build upon this partnership with Wolters Kluwer and their millions of customers.

If you have any questions or comments about crypto taxes, you can reach out to our support team here.

Are you curious about how to connect Ledgible to your Wolters Kluwer solution? Download our API integration guide

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