New Tax Tool Option Introduced By Ernst & Young For Cryptocurrencies
Paying your cryptocurrency taxes just got a lot more easier. According to a March 4 press release. Ernst & Young (EY), popular auditing and financial services firm has launched a new tool for taxes on cryptocurrency.
This new tool will allow users to account for and report their cryptocurrency taxes. Called EY Crypto-Asset Accounting and Tax (CAAT), this tool will bring about more effective tax calculations for digital currency transactions.