The leading crypto-blockchain tech firm for tax compliance to American virtual currency users and traders – NODE40 has initiated its LTC [LITECOIN] support on the very famous Software as a Service [SaaS] offering – NODE40 Balance.
This in simple words means – all LTC users throughout America are able to pinpoint down [very accurately] and report their losses and gains to the Internal Revenue Service (IRS) with no fear of underreporting, overreporting or tax evasion. The product is expected to be a welcome reprieve for the growing list of Litecoin traders, especially Coinbase users, who until now, have had very limited options for reporting gains and losses to the taxman each fiscal year.
