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.



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