Lou Zebedeo at Crypto Info Wire launched a new report on the benefits of using ZenLedger, a professional crypto and bitcoin software that helps users pay their crypto taxes easily.
Post Falls, United States - August 14, 2020 /PressCable/ —
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.
More information can be found at https://cryptoinfowire.com/zenledger
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.
The report further explains that ZenLedger is an official partner of TurboTax. This means that users can automatically integrate their 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.”
Interested parties can find more by visiting the above-mentioned website.
Email: Send Email
Organization: Digital Solutions Advisor @ ZenLedger
Address: 2600 E Seltice Way, Post Falls, Idaho 83854, United States
Release ID: 88956616