ZenLedger Automated Crypto Investment Tax Liability Guide For CPAs Launched

A new online guide to cryptocurrency accounting tool ZenLedger has been launched by Crypto Info Wire. This easy to use tool will save CPAs and active cryptocurrency investors time and money by automatically calculating gains and losses on every deal.

Post Falls, United States - May 6, 2020 /PressCable/ —

Crypto Info Wire, the online investment specialists, have launched a guide to ZenLedger. It’s an automated tool designed to simplify tax liability 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 is invested 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.

Should ZenLedger users 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.

Those wishing to find out more can visit the website on the link provided above.

Contact Info:
Name: Lou
Email: Send Email
Organization: Digital Solutions Advisor - ZenLedger
Address: 2600 E Seltice Way, Post Falls, Idaho 83854, United States
Website: https://cryptoinfowire.com/zenledger

Source: PressCable

Release ID: 88952786