Leading Crypto Tax Platform Ledgible Joins The Accounting Blockchain Coalition
Contributing Expertise to Educate and Inform on Tax and Accounting for Cryptoassets
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Verady, maker of the
accounting platform, announced that the Company joined the
Accounting Blockchain Coalition. Verady s extensive expertise will add to working papers, education, and other resources on important issues around cryptoassets and the evolving tax and accounting ecosystem in the United States as well as globally.
Verady joining the Accounting Blockchain Coalition (ABC) is important this week with the opening of tax filing season by the IRS on Friday, February 12. New for 2020, the Tax Form 1040 includes the virtual currency question. As a member of the ABC, Verady will help evolve ABC into an objective, industry resource and community for organizations involved with cryptoassets and blockchains in accounting.
Online tax service Jackson Hewitt gets the job done. It has new, attractive pricing and an option to let a pro prepare your entire return. While its tax coverage is comprehensive, its user interface and help system don’t fare well against the competition.
IR-2021-20, January 25, 2021
WASHINGTON – The Internal Revenue Service today rolled out a new online option that will help tax professionals remotely obtain signatures from individual and business clients and submit authorization forms electronically.
Tax professionals can find the new Submit Forms 2848 and 8821 Online on the IRS.gov/taxpros page. Tax professionals must have a Secure Access account, including a current username and password, or create an account in advance of submitting an online authorization form. This online tool will allow tax professionals to safely obtain signatures from individual and business clients and upload authorization forms, said Chuck Rettig, IRS commissioner. This is a first step in our ongoing efforts to expand digital options for tax professionals using electronic signatures and online uploads.