Automate Difficult Crypto Tax Processes & Avoid IRS Audits With ZenLedgerby DAVIS BROWN PRC Agency
One of the biggest issues facing crypto investors is managing tax payments. If you buy, trade or sell crypto regularly, it can be a confusing process to go through.
That’s what makes ZenLedger so powerful, because it automates the hard work for you. If you’re looking for a streamlined tax solution, you’ve come to the right place!
ZenLedger provides a faster way to produce tax forms and financial reports, trade smarter, and prevent IRS tax audits.
More information can be found at: https://cryptoinfowire.com/zenledger
ZenLedger works with all major exchanges, crypto and fiat currencies. It’s designed to be fully IRS friendly, and can produce profit/loss statements for both you and your CPA.
Whether you are a day trader, miner, or occasional investor, ZenLedger can make tax management for crypto easier. By automating the process, crypto investors can ensure you don’t overpay in taxes again.
You can import your transactions and prepare the core documents you need. This includes Capital Gains Reports, Income Reports, Donation Reports and Closing Reports.
Tiers are available for all types of traders, so the system can be tailored for their needs. All the tiers include audit reports, CPA access, and unlimited exchanges. The tool is designed to make tax filing faster using smart tax strategies.
ZenLedger is covered in detail by Crypto Info Wire in a detailed new report. It discusses the benefits of investing in cryptocurrency, and how alternative assets are becoming more popular due to market volatility.
However the IRS treats cryptocurrency as property, which makes it similar to a home or equity investment. The sale or exchange of virtual currencies has tax consequences that could result in tax liability.
One of the biggest issues facing crypto investors is managing their tax liability. Dealing with the necessary paperwork and data entry requirements can be time consuming and confusing. ZenLedger makes each aspect of the crypto tax management process easier.
Crypto Info Wire states: “ZenLedger is constantly updating their platform. You can rest assured that your crypto tax data are handled correctly and that you'll receive ongoing support and important IRS tax updates.”
You can find out more at the link above!
Created on Jun 4th 2020 09:35. Viewed 202 times.