ZenLedger, a provider specializing in cryptocurrency tax software, has collaborated with April, a fintech company with AI technology, to introduce a fully integrated solution for crypto tax filing.
This beginning is designed to streamline the difficult tax filing procedures for investors and traders in digital assets. The new integration allows one-click import of ZenLedger’s crypto tax calculations into April’s e-filing platform.
By eliminating manual form preparation and data transfers between platforms, the companies provide an experience from tax preparation through e-filing. The solution also exploits AI for features like automated form population.
Pat Larsen, CEO of ZenLedger, emphasized the importance of a straightforward and transparent process for achieving accurate tax returns, highlighting that their new solution aims to provide just that.
Similarly, Ben Borodach, CEO of April, emphasizes the urgency of updating tax technology to better align with the demands of the modern economy. Both leaders expressed their commitment to simplifying and modernizing the tax filing process through collaboration.
As cryptocurrency adoption accelerates, solutions to ease tax compliance burdens are essential. By consolidating crypto taxation and e-filing capabilities, this partnership represents meaningful progress towards a simplified filer experience.
The integration is now available for ZenLedger customers. Further innovations that optimize crypto tax processes are expected as the collaboration continues.
Also Read: JPM’s Jamie Dimon Criticizes Bitcoin at Davos SummitÂ