Streamline Your Crypto Tax Payments & Accounting With ZenLedger

ZenLedger makes life easier for all crypto investors and accounting professionals. It’s a powerful tool that can help to streamline the tax management process.If you’ve ever wondered how to work out your tax liability on crypto investments, you’re not alone. It’s a time consuming and stressful process – but now it’s easier than ever.ZenLedger manages the tax liability process to make it simpler and easier to manage.

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The report highlights that for many people, determining tax liability when trading crypto can be a confusing process. Many wonder how to report cryptocurrency on taxes, which is where ZenLedger can help.One of the main benefits of using ZenLedger is that it automates the tax management process for cryptocurrency. It’s also able to create IRS form 8949 and Schedule D forms.This also represents a good opportunity for CPAs and accountants who don’t want to lose potential clients among crypto owners. ZenLedger makes it easier than ever to comply with IRS crypto guidelines.Cryptocurrency has become incredibly popular since Bitcoin hit the mainstream. Now more people than ever are investing in both Bitcoin and its competitors.

Because the IRS treats cryptocurrency as property, it’s similar to a home or equity investment. With each transaction, taxpayers need to calculate their gain or loss on conversion.This can be a time consuming and difficult process. However, ZenLedger streamlines it for all users.ZenLedger works with all major exchanges and crypto, including Bitcoin, Ethereum, Litecoins and more. It produces all the profit/loss statements needed, and helps to ensure that users never overpay on their tax bill.A number of different tiers are available, and they all provide audit reports, CPA access, unlimited exchanges, Turbo Tax integration and more.ZenLedger states: “Would you like your taxes done for you? ZenLedger will introduce you to a crypto tax professional to get your taxes done quickly and easily with the smartest tax strategies.”

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