SurePrep and Ledgible have joined forces to automate Virtual Currency and Crypto Tax compliance for professionals. This partnership ensures tax professionals have the tools and technology necessary to meet the expected increase in compliance activity generated by the recent IRS change moving the Virtual Currency question to the first page of the Form 1040.
Ledgible Tax Pro is the industry’s first cryptocurrency tax solution designed for the unique needs of accounting and tax professionals. TaxCaddy and 1040SCAN are recognized as the premier taxpayer collaboration and scan-and-populate solutions in the tax and accounting field. Together in this partnership, Ledgible and SurePrep transform the crypto tax gathering, analysis and delivery process to ensure forward-thinking firms are ready to serve the 12 to 21 million taxpayers who are required to report crypto for the 2020 tax season.
Read the full press release here
For more information on the current landscape of crypto taxation head on over to our blog page or click here to give Ledgible Tax a free trial. Our blog features a wide array of articles and news stories related to what's new and important in the cryptocurrency industry as well as accounting, and often tying the two fields together. Ledgible Tax software will provide you with all the tools you need in order to do all of your neccesary crypto accounting.