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 * Crypto Currency

3 minute readJanuary 29, 202310:27 PM GMT+1


KPMG LAUNCHES REVOLUTIONARY ONLINE CRYPTO TAX CALCULATION SERVICE: MAKE TAX
COMPLIANCE EFFORTLESS

By Herbert Lash

image generated by Midjourney AI


 * Summary

 * KPMG launches crypto tax calculation service
 * Service calculates taxes on all crypto holdings
 * Provides additional features, including tax deductions and compliance
   guidance.
 * Test service for free, past 2022 year.

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KPMG, one of the world's largest accounting firms, has launched an online
service that allows users to calculate their taxes on all their crypto holdings
in their addresses, including Ethereum, ERC20 tokens, and NFTs. The service aims
to provide users with detailed tax information and a total amount of taxes they
would have to pay, taking into consideration their country of residency.

The new service, which is available for a subscription fee of $1 per year, is
designed to be fast, user-friendly, and accurate, with the entire process taking
less than a minute to complete. It uses blockchain technology to check users'
addresses, track all transactions, and check the current value of their assets
and holdings.Get a glimpse of the service by testing it on the past 2022 year,
and see if you did the correct tax returns and discover the service before
committing to it on KPMG's website.



The launch of this service is a significant move for KPMG, as it aims to
dominate the tax and accounting market for cryptocurrency. The firm's online
service is the first of its kind, providing users with a one-stop-shop for all
their crypto tax needs.The launch of the service is expected to be welcomed by
the growing number of individuals and businesses that hold cryptocurrency. The
service will provide them with a simple and efficient way to calculate their
taxes, which is a critical aspect of compliance in the crypto space.

KPMG's new service also offers a range of additional features that are expected
to be of interest to crypto holders. For example, it will provide information on
tax deductions that can be claimed, and it will also provide guidance on tax
planning and compliance.



In conclusion, KPMG's new online service is a game-changer in the crypto tax
space. By providing users with a fast, accurate, and user-friendly service, it
aims to make tax compliance for crypto holders much more manageable. The service
is expected to be popular among individuals and businesses that hold crypto and
is sure to put KPMG ahead of other big accounting firms in the crypto tax space.

Test the service now for free and discover the benefits it can bring to you on
KPMG's website.



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Our Standards: The Thomson Reuters Trust Principles.


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