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Thomson Reuters & Verady Brings a New Blockchain Tax Return Tool

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A blockchain tax return tool will soon become a reality. Thomson Reuters Tax & Accounting has collaborated with Verady to develop a tool to track crypto transactions. Once added to the GoSystem TaxRS, this blockchain tax tool will assist the government in the Tax return procedure. 

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The tool will help streamline classification, organization, and accountancy of digital assets. It accurately tracks cryptocurrency trades and reports the same on tax returns. This tool will act as a great innovation for tax returns. Although security and the trusted data source is an issue, Verady solves the problem. 

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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