ZenLedger - Automated IRS tax calculation & forms for crypto investors

I like their User experience. And if you have any problem understanding about taxes they have very good customer support.

Pros:

Awesome Support & UI, Excellent tools integrated, Tax Loss Harvesting Guide, Unified Accounting, Self Transfers Tracking, Blockchain Support

Cons:

None really when compared to the alternatives.

Hey Product Hunters! Today I am excited to announce ZenLedger’s maiden listing on Product Hunt!⚡⚡ ZenLedger helps crypto investors and accountants with their taxes. We know what a nightmare taxes and accounting can be in crypto. You have to juggle so many transactions across dozens of exchanges and wallets. Tons of different data formats and addresses. So this tool saves you a lot of time and frustration while also helping to avoid over-paying taxes. 😒 📉 ZenLedger’s team of tax and tech experts has processed over $500 million dollars of transactions, so it’s really battle tested. Thousands of investors and accountants have already used the software to get their tax filings right. We strive to help everyone stay on the right side of the IRS, which is why we constantly work with the best tax professionals in crypto. The markets are crazy and the tax man is scary, so we’re here to help. You may be able to save $3,000 on your income taxes as well if you had losses in 2018. You’ll want to file your taxes quickly to get your refund. We’ve assembled a great team and investors to solve this headache for you. Some of our team members are: Pat Larsen, CEO. Navy helicopter pilot. UChicago MBA. Investment banker and startups. Bryan Starbuck, CTO. 10 years at Microsoft. 10 years in own startups. Andrew Gordon, JD/CPA. Expert in crypto accounting and tax litigation. Ben Davenport, Investor. Founder of BitGo wallet. Nic Carter, Investor. Castle Island VC, Fidelity Blockchain strategy group. We are offering a ProductHunt special for those that want to start simplifying their crypto taxes with ZenLedger. 😻 Some other things you can look forward to with ZenLedger: Excellent Customer Service: _ _ _ We’re here to help you with questions small and large about the app, exchanges, data, CSVs and wallets. Every day. Simple, Fast & Accurate: _ _ _ With an ever-improving user interface, we make it as easy as possible for you to upload your transactions, adjust details after import, and see your tax reports. We will provide you with tax loss harvesting, Schedule D, Form 8949, and a comprehensive view of all of your transactions that we call Grand Unified Accounting. Our Grand Unified Accounting output ensures that you and your CPA have control over each line item, and allows you to see exactly how we’ve calculated your tax obligation. No black box algorithm – you see how ZenLedger has treated each trade in our transparent system. No other software gives you this level of detail across all of your exchanges and wallets. Our tax loss harvesting tool lets you easily see what coins you should sell to realize a tax loss and save on capital gains taxes. By April, 2019 we will also support FinCen 114 FBAR and FACTA. Superior Support for EOS, all Exchanges and Currencies: _ _ _ Along with supporting all the top wallets, exchanges and currencies, we also provide support to intelligently handle ERC20 ICO EOS buy-in coins, auto converting to EOS mainnet through exchanges (like Binance) or wallets (like Exodus wallet). Please ask us any questions that you might have about crypto taxes, and specifically how to implement a tax loss harvesting strategy for your 2018 tax year! Best, Pat CEO, Cofounder of ZenLedger.io URL for ZenLedger Youtube Video https://youtu.be/EtjaK8HKZ6E

ZenLedger is one of the best crypto tax software options on the market. Pat and his team are top notch and I highly recommend working with them.

It is the best product on the market

Pros:

Very easy to use

Cons:

No crypto tax product is free

I believe ZenLedger (www.zenledger.io) is the solution that really stands out from all the crypto tax solutions available there in the market that has tons of useful features, which all the crypto investors need to manage and streamline their crypto assets and taxes incurred. If you are the crypto investor or CPA, you must be overwhelmed by all the challenges while managing your or your client's crypto assets and prepare for tax filing. With Zenledger (www.zenledger.io) you don't have to worry about the nightmare of taxes and accounting in crypto. Since you are the investor or CPA who knows best, where to invest. I recommend all to checkout Zenledger, you will be fascinated by its awesomeness.

Congrats! Appreciate any work that reduces the barriers to entry for cryptocurrency adoption.

Outstanding company. Software is great and the team is incredibly knowledgeable and helpful and work overtime to help you with questions (last night they were helping me past probably 9PM or later their time).

Would not recommend this service, I had a bad experience and got suckered into a purchase. Shame on me for being behind on my taxes and buying multiple years at once. Am currently in a dispute with them for a refund. Don't want to go into a rant about them, instead I would recommend for anyone looking for a service to go with cointracking.info they are not only the superior service but also in price. look for yourself and do the math. Use link for 10% off https://cointracking.info?ref=C7...

Zenledger, I've seen a lot of hype about it online. Needed something to track my crypto. So I purchased it and connected it via API to all my exchanges and wallets. I am not impressed in the least. The problem, the dashboard has no KPI (Key Performance Indicators), it's just a dump of all my accounts and all my transactions. What I really bought this for wasn't just for taxes, I was hoping company that makes a "ledger" who touts a "dashboard" would provide at least basic loss or profit KPI in real time. I am tired of tracking with a clunky spreadsheet. Zenledger did NOT stop me from having to do that. How hard can it be in 2021 to write a basic dashboard with a quick view into your FIN that does basic math? It doesn't offer any options for bar, line or circle (pie) charts either. All it does is just download your data. If you want your KPI's, you'll be digging through pages upon pages of transactions. I was doing that in excel on my exchanges & CVS files already! I see a lot of other options online for tracking crypto with tax options. I'll update when I find something that has basic dashboard utility I mentioned, but thought I'd warn Zenledger's dashboard could have been made by a 1st year programmer intern. Not impressed at all. *If you have something better, please let me know!

I should also mention, when I contacted support to see if there was a way to "enable" a basic KPI dashboard that I was missing somewhere, I was met with a support guy who not only lied right in my face saying "that functionality is there", he was smart mouthed troll. This company's support is garbage. It must have been the same intern supporting the non existent KPI dashboard.