Articles

Get The Best IRS Crypto And Bitcoin Tax Filing Software For Virtual Currencies

by DAVIS BROWN PRC Agency

If you're looking for the best crypto software to help you file your crypto tax forms, ZenLedger is the solution for you!

Lou Zebedeo at Crypto Info Wire announced the launch of a new report on the benefits of using a crypto and bitcoin software to prevent an IRS crypto audit. Due to the COVID-19 pandemic, the April 15th crypto tax deadline has been extended to July 15th.

Unlike a traditional currency, cryptocurrencies are considered property by the IRS, meaning that the sale or other exchange of virtual currencies or the use of virtual currencies to pay for goods or services has tax consequences.

The newly launched report by Lou Zebedeo at Crypto Info Wire explains how to use an IRS crypto tax software like ZenLedger.

This new bitcoin and crypto accounting software is ideal for CPAs and bookkeepers. Some of the benefits of using ZenLedger include automated calculations, Grand Unified Accounting Report, fast client data collection, client transaction data via CSV or API, downloadable and printable IRS forms and no subscription fee.

In addition, the software supports over 300 exchanges and many types of coins. Thus, it is easy to calculate capital gains and losses across exchanges, as well as to auto-fill popular IRS forms, including Form 1040 Schedule D and Form 8949.

Crypto Info Wire also notes that ZenLedger works with all major exchanges and crypto and fiat currencies, including Bitcoin, Ethereum, Litecoin, Dollar, Euro, Pound, Sterling, Yen, and more.

More information can be found at https://cryptoinfowire.com/zenledger

The report further explains that ZenLedger is an official partner of TurboTax. This means that you can automatically integrate your transaction data with TurboTax desktop or online.

Lou Zebedeo said: "ZenLedger understands that everyone’s comfort level and knowledge base is different. They know taxes are intimidating, confusing and high-risk. Their team is online all day (and often at night) to make sure you don’t get stuck and to help with anything you might need as you prepare to file your crypto tax forms."

You can find more at the link above.


Sponsor Ads


About DAVIS BROWN Committed Deluxe  PRC Agency

0 connections, 0 recommendations, 1,014 honor points.
Joined APSense since, February 4th, 2020, From United States.

Created on Aug 14th 2020 09:23. Viewed 171 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.