If you’re interested in cryptocurrency investments but don’t want the hassle of managing tax issues, ZenLedger is the ideal tool. Learn more about it in this new guide!
A new guide released by Crypto Info Wire shows all the benefits of ZenLedger for crypto investors and CPAs. Whether you’re new to crypto investments or are a seasoned pro, it has your needs covered!
ZenLedger is an automated tool designed to simplify your tax liability and the management of cryptocurrency investments. ZenLedger will be especially useful for certified public accountants but can be used by anyone who actively invests in cryptocurrency.
For more information please visit the website here: https://cryptoinfowire.com/zenledger
ZenLedger is simple to use, reassuring investors that they are following IRS guidelines while also providing all the documentation required by CPAs.
Many see Bitcoin and other cryptocurrencies as an opportunity to make huge returns with very small investments across many coins. They are considered a great asymmetric investment opportunity, especially given the liquidity issues and market volatility resulting from the global COVID-19 pandemic.
The cryptocurrency market is already becoming mainstream. A number of brokerage firms like TD Ameritrade, Fidelity, and others offer their retail customers the chance to buy Bitcoin with the click of a mouse.
The IRS treats cryptocurrency as property, which makes it similar to home or an equity investment. As the market expands, so will dealing - and CPAs who are not currently familiar with the Bitcoin market will find Zenledger an invaluable tool to simplifying their clients’ tax liability.
ZenLedger works with all major exchanges and crypto and other currencies. It can be used for Bitcoin, Ethereum, Litecoins, Dollars, Euros, Pounds Sterling, Yen - and all other major currencies.
Whatever currency you invest in, ZenLedger simplifies tax liability at the touch of a button. ZenLedger imports all transactions and prepares all the accounting documentation needed, including Capital Gains Reports, Income Reports, Donation Reports, and Closing Reports.
If you have any questions or problems while using the tool, there is an online customer service team available every day of the week.
ZenLedger offers investors a simple tool to minimize their accounting costs and simplify CPA’s lives. It eliminates the need to calculate the cost basis for each transaction or accruing thousands of dollars in fees for having accountants go through it manually.
All the details you need can be found at: https://cryptoinfowire.com/zenledger
