Articles

Cryptocurrency Tax Compliance Is Easy With ZenLedger Automation

by PRC Agency PR

For years, cryptocurrency accounting and taxation has been an elephant in the room—but no longer. If you are a CPA, you know that documenting crypto transactions and calculating that tax that your clients owe to the IRS involves tedious manual data gathering and reporting.


Digital Solutions Advisor now gives you a way to automate all these processes and ensure error-free IRS reporting. The portal has released cryptocurrency tax tips and information about the IRS-compatible Bitcoin tax software ZenLedger.


ZenLedger is a cryptocurrency tax automation software that transforms how you and your CPA firm handles cryptocurrency incomes. You no longer need to waste hours transcribing data into an IRS-compatible format or pore over complex crypto transaction reports. ZenLedger does all the legwork for you.


You can now easily import crypto transactions and calculate incomes and gains from mining and trading. Use powerful reporting capabilities to auto-populate multiple IRS forms including Form 8949, Schedule D, FBAR, and FinCEN Form 114. ZenLedger can also be used to generate custom profit & loss statements, closing reports, as well as income & donation data.


This revolutionary crypto tax software for CPAs is compatible with all major cryptocurrencies and exchanges including Bitcoin, Ethereum, and Litecoin. Don't worry about handing fiat currencies including Dollars, Euros, Pounds Sterling, Yen, and others right alongside crypto transactions. ZenLedger unifies it all, making it easy for you, your clients, and the IRS to understand.


Simplify tax calculations by collating all crypto and non-crypto data in a single ZenLedger repository. All calculation methods are compliant with IRS guidelines and calculated automatically, preventing human error. ZenLedger is a TurboTax partner, allowing you to export data to TurboTax online.


Get this new Bitcoin accounting software for CPAs that can be customized to the needs of your firm and the clients you serve. Simplify your crypto accounting today with ZenLedger.


For details, visit https://cryptoinfowire.com/zenledger



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Created on Dec 3rd 2019 10:10. Viewed 96 times.

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