Reporting cryptocurrency on taxes with Ledgible

Thomson Reuters has partnered with Ledgible to provide your firm with cryptocurrency tax reporting software that streamlines the compliance workflow process.

Staff will save time and build confidence managing the reporting of their clients’ cryptocurrency activity with tools that range from basic crypto tax calculations, transaction tracing, and automated reporting that conveniently integrates with UltraTax CS and GoSystem Tax RS.

Position your firm to increase engagements and new crypto tax planning and advisory service opportunities with clients.

Features

• **AICPA SOC 1 & 2 audited tax software: **Ensures verification of internal controls endorsing industry-leading data security.
• **Client and team management: **Structured team access that provides visibility into the status of where a client is in the workflow process.
• **Complete fee accounting: **Capability to account for fees allows wallet and exchange cost basis calculation to minimize tax.
• **Current year gains and losses: **Up-to-the-minute reporting promotes client engagement with tax planning and advisory services around their crypto assets.
• **Transaction matching: **Automatically trace when holdings move between wallets and exchanges, and track the cost basis to ensure clients returns are accurate.
• **Exclusive integration: **Reporting can be easily imported into UltraTax CS and GoSystem Tax RS.