Ledgible has partnered with leading tax software company, Wolters Kluwer, along with leading crypto tax firm, Friedman, to create a crypto tax case study on how tax and accounting firms can best account for crypto in their workflows.
Firms are dealing with massive amounts of data moving through disparate systems and looking for technology solutions that will simplify rather than complicate their work. As the challenges pile up, cloud-forward solutions open up new possibilities and provide new opportunities for firms. Wolters Kluwer Tax and Accounting’s Shabaz Khan, Associate Director, Product Management, API Programs & Partners, hosted a candid discussion with Steven Baum of Friedman LLP and Kell Canty of Ledgible to discuss how firms leverage cloud-based solutions and open integration to manage complexity and solve some of these challenges. The crypto tax case study discusses:
- What are the top challenges facing firms today?
- The digital currency opportunity
- Digital currency is here to stay
- Adapting through automation
Through open integration, CCH Axcess enables firms to expand the functionality of their tax software by integrating with the standalone software of their choice. Available through the CCH Axcess Marketplace, Ledgible helps firms manage virtual currency transactions and provides a simple way to move that data into CCH Axcess Tax. By partnering with technology experts, firms can be prepared to meet new challenges as they arise.
Ledgible is an AICPA SOC 1 & 2 assured tax reporting and accounting platform for crypto assets for professionals, enterprises, and consumers. The Ledgible Crypto Platform is the proven crypto asset solution for tax and accounting professionals with leading accounting firms, institutions, and major crypto companies globally. Ledgible makes crypto legible. For more information, visit ledgible.io.