ATLANTA, April 30,
2024 /PRNewswire/ -- Ledgible today announced
the availability of their Digital Asset Assessment program on the
back of the Internal Revenue Service's unveiling of their new draft
Form 1099-DA form last week. Ledgible's Readiness Assessment
program is designed to examine and assess a company's existing
compliance, data, and reporting infrastructure for upcoming digital
asset reporting requirements.
"Our team of digital asset tax information reporting experts
are here to scope your enterprise's readiness for current and
upcoming digital asset reporting demands," said Kell Canty,
CEO of Ledgible.
Ledgible has established itself as the technology integration
partner of tax reporting for digital assets, enabling digital asset
tax information to be ingested through traditional 1099 reporting
workflows. This announcement comes on the heels of Ledgible's VP of
Tax Information Reporting, Jessalyn
Dean, lead testimony to the IRS's REG-122793-19, regarding
the proposed reporting of digital assets back in November.
Additionally, the Ledgible team analyzed the recent release of
the Form 1099-DA by the IRS, leading the charge on public
commentary of the new form in a company post.
"The world of digital asset tax information reporting is small,
and our team of compliance experts are routinely chosen by top
banks, institutions, and technology partners for our agile
expertise in the space," Canty said.
For institutions and enterprises that would like to discuss a
digital asset readiness assessment in preparation for new
regulations, information can be requested from
readiness@ledgible.io.
About Ledgible
The Ledgible platform is built from the ground up to streamline
digital asset tax information reporting and compliance. Ledgible
enables institutions and enterprises to account for and manage
digital asset data at scale. As a SOC 1 & 2 Type 2 Certified
platform, Ledgible is the trusted provider of choice for large
banks, fintech providers, and digital asset and tokenization
companies for compliance and 1099 generation.
Contact:
Jan Jahosky
(407) 331-4699
376953@email4pr.com
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SOURCE Ledgible