Fifth Largest Accounting Firm RSM Selects Lukka As Official Crypto Tax Software Provider

Blockchain, News | April 10, 2020 By:

Audit, tax, and consulting firm RSM has selected blockchain-native software and data services company Lukka to provide crypto tax software solutions to the firm’s tax clients.

RSM is the fifth largest accounting firm in the US with more than $2.1 billion in revenue last year. Through RSM Global, the firm brings an affiliation of 75 independent accounting firms with 215 locations in 38 states and Puerto Rico. RSM Global brings together more than 43,000 professionals from 800 offices located in more than 120 countries.

Founded in 2014, Lukka is a blockchain-native software and data services company that delivers products for the crypto asset ecosystem. Its products automate and optimize accounting, audit, and tax processes for consumers, investors, funds, fund administrators, OTC and proprietary trading firms, exchanges, miners, protocols, and accounting firms. Lukka’s premier solutions enable the transformation of distributed and decentralized data into auditable information within a highly scalable and secure SOC 1 Type 2 / SOC 2 Type 2 infrastructure.

Under the agreement, Lukka will supply RSM’s tax practitioners with its LukkaTax for Professionals and Lukka Crypto Office products to support the tax preparation and compliance needs of RSM’s individual and enterprise clients, respectively. RSM reportedly selected Lukka due to its comprehensive coverage of the crypto ecosystem, scalable infrastructure including TYPE 2 SOC attestations, and focus on delivering highly specialized tax capabilities unique to crypto assets.

“With Lukka’s extensive experience in serving both individual and enterprise clients, we believe they understand what it takes to support RSM as we continue to progress toward our vision to be the first-choice advisor to the middle market,” said Jamison Sites, Blockchain and digital asset tax lead at RSM. “Lukka has a proven history of building and delivering innovative, industry-first, enterprise-grade solutions. With RSM and Lukka professionals both bringing deep tax technical capabilities, we look forward to collaborating and bringing even more innovative products to our clients.”

“Lukka is proud to be selected by RSM to provide its clients crypto tax software”, said Robert Materazzi, co-CEO of Lukka. “Lukka has been working for years to build a company that meets the quality standards required by firms such as RSM. As the only crypto tax software firm in the world with Type 2 SOC reports – which are required in many cases to do business with an accounting firm like RSM – we believe we have demonstrated our commitment to deliver highly secure, controlled and best-in-class crypto tax software.”