Verady, which makes the cryptocurrency tax and accounting platform Ledgible, has joined the Accounting Blockchain Coalition as a member. The ABC generates working papers, education, and other resources on important issues around cryptoassets and the tax and accounting ecosystem in the United States as well as globally. Verady will now contribute its expertise to such output.
Verady joins the Coalition just in time for the opening of tax filing season for 2021, February 12. New for tax year 2020, Form 1040 includes the virtual currency question front and center. The ABC aims to provide objective, industry resources and community for organizations involved with cryptoassets and blockchains in accounting.