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CCH Tax Apps Get Crypto Links

Wolters Kluwer has added cryptocurrency integration to its CCH Axcess Tax and ProSystem fx Tax preparation applications. The integrations have been made available via partnerships with CoinTracker and Verady, which markets Ledgible Tax Pro.

CoinTracker and Ledgible Tax Pro enable firms to import data into IRS Form 8949 for virtual currency assets, CoinTracker connects with more than 300 exchanges. It offers Crypto wallet tracker for tracking balances and exchanges and Crypto portfolio assistant for tracking and managing crypto investment performance. Also available is Crypto taxes for calculating taxes and generating reports.

Ledgible provides an organizer for the entry of cryptocurrency data which can be reviewed and imported into the CCH tax packages. Currently, the product connects with 50 exchanges and also integrate with Oracle NetSuite, QuickBooks and Xero. In addition, Verday markets Ledgible for individuals and Ledgible Business Accounting.

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