Digital Asset Tax Information Reporting

With Thomson Reuters and Ledgible, enterprises and institutions can aggregate, normalize, categorize, and make digital asset cost basis Ledgible for the tax information & compliance reporting process.

Digital Asset Cost Basis Reporting Challenges

Enterprises and institutions face many challenges ingesting and managing digital asset data. Challenges like:

• Data sources can be unreliable or inaccurate
• Categorization and accurate recognition of disposals, acquisitions, and transfers
• Difficulty tracing and capturing historical cost-basis across blockchains

Together, Ledgible and ONESOURCE tackle these challenges for clients.

Gain a competitive edge in 1099 tax information reporting. Ledgible and ONESOURCE provide 3 core benefits:

1. Ensure compliance with digital asset regulation.
2. Leverage Ledgible and ONESOURCE infrastructure to map digital asset cost basis data into your existing workflow.
3. Ensure support for the rapidly expanding world of digital assets.

Digital Asset 1099 Tax Information Reporting

Ledgible and ONESOURCE provide the necessary infrastructure to ensure compliant reporting on digital assets. Contact us to learn more about how we can help solve your digital asset reporting challenges today.

We care about your data. At Ledgible, we understand the importance of security, which is why we've undertaken the process of having our industry-leading cryptocurrency tax and accounting tools AICPA SOC 1 & 2 Type 2 certified. We firmly believe that if you want to build the best tools for the tax and accounting space, especially tools that interface with the new hyper-secure world of crypto, you have to put data security and privacy at the forefront of your product development.