Lukka, a blockchain-native software and data services company, has been selected by RSM US LLP (“RSM”) – the nation’s leading provider of audit, tax and accounting services focused on the middle market – to provide crypto tax software solutions to the firm’s tax clients. Specifically, 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.
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“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.”
Prior to making this selection, RSM executed an extensive evaluation of various crypto tax software providers. Ultimately, RSM 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.
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Lukka was founded in 2014 when it delivered the world’s first commercial retail crypto tax calculator. Lukka then expanded to support institutions in 2017 when it developed solutions for fund administrators and auditors who now provide service to a majority of crypto investment funds. Further, as part of its support of institutional customers, Lukka defined and delivered the industry’s only enterprise-grade security master solution, Lukka Reference Data, and valuation methodology, which uses a principal market and executed prices, rather than indices, to support fair market value (FMV) reporting, Lukka Prime Pricing.
“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 US LLP. “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.”
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