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Cloud-based and on-premise expert tax compliance solutions now integrate with CoinTracker and Ledgible Tax Pro to help tax professionals automate reporting of virtual currency holdings Wolters Kluwer Tax Accounting today announced that it has partnered with CoinTracker and Verady developer of Ledgible Tax Pro to provide integration between these cryptocurrency solutions and its award-winning cloud-based CCH Axcess Tax and on-premise CCH ProSystem
fx Tax expert solutions for tax compliance. Both CoinTracker and Ledgible Tax Pro are cryptocurrency tools designed for tax professionals and their clients. Recognizing that virtual currencies are becoming a mainstream investment vehicle for many businesses, individual taxpayers, and traders, the IRS has made reporting of the gains and losses from cryptocurrency transactions a reporting requirement for the 2021 tax season, said Cathy Rowe, CPA, CA and Vice President of Product Management at Wolters Kluwer Tax Accounting North