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About

If you've bought, sold, earned, received or otherwise acquired digital currencies during any given tax year then you are almost certainly required to file the profit or loss as part of your tax return. If you're still not sure, you should talk with Inland Revenue or your accountant. In New Zealand, Inland Revenue treat digital currencies as a type of property. Their cryptocurrency tax guidance requires the profit or loss to be calculated using First in First Out in New Zealand Dollars at the time the trade occurred, even if the trade was between cryptocurrencies. It's no small task and can take days to untangle even with only a small number of trades. If you've taken a loss, it may be deductible from your income tax. Our algorithms do the heavy lifting by automating the currency conversions and calculating your trading and mining profit and loss in accordance with Inland Revenue's guidance. All we need from you are your exchange exports and mining addresses.

About

ZenLedger is the leading software focused on DeFi, NFT, and Cryptocurrency tax management and accounting. You can easily generate crypto tax reports and track your crypto portfolio with ZenLedger. ZenLedger’s platform helps crypto investors and tax professionals with crypto tax filings and financial analysis by providing a digital workflow to simplify, optimize, and automate the tax and accounting process. Founded in 2017, and built by industry veterans in technology, finance, and accounting, ZenLedger crypto tax software helps investors stay compliant by aggregating user transaction information across thousands of exchanges, wallets, blockchains, and tokens into one simple dashboard. ZenLedger makes it easy to calculate tax liability and make financial decisions by offering direct integration support for over 400+ exchanges including Binance and Coinbase, 40+ blockchains including Algorand and Ethereum, 20+ DeFi protocols including Uniswap and Pancakeswap, and all wallets.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Cryptocurrency investors and traders in New Zealand that need a crypto tax software solution

Audience

Cryptocurrency traders and tax professionals

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$99 per tax year
Free Version
Free Trial

Pricing

Free
Free Version
Free Trial

Reviews/Ratings

Overall 1.0 / 5
ease 1.0 / 5
support 1.0 / 5

Reviews/Ratings

Overall 4.8 / 5
ease 4.4 / 5
features 4.5 / 5
design 4.5 / 5
support 4.7 / 5

Pros & Cons from Real Users

Pros

  • I can't advise what I like about this product as I haven't had a chance to see the product in full, due to inability to upload my documents and then non contact from their help desk.

Cons

  • I have had technical trouble uploading my files on their platform. I have sent a request for help both to their Tech support and twice to their "contact us" messaging system. You get a reply back to say they endeavour to contact you within 48 hours, but it has now been 1 week (7 days) and I have had no response. Not great customer service!!

Pros & Cons from Real Users

Pros

  • Process for generating tax documents for TurboTax was super easy. It's a great tool for infrequent crypto traders like myself, who can fit into the free tier of the product.
  • No one else understands crypto like ZenLedger and IRS knows that they are trustworthy so I trust them too.
  • Very easy to use and very good customer support. When asking for help via text, they say 24-48 hours to get a response, but I have used it twice now and have received a response within the first day.
  • We have used ZenLedger since 2019. It has held our hands through imports from numerous exchanges, wallets, etc. It has helped us navigate problems with identifying where holdings came from.It has simplified life.
  • ZenLedger has provided me an efficient and effective means of dealing with my crypto taxes. Customer support has been great, particularly since I am not particularly computer literate.

Cons

  • The price of the product is steep once you reach a certain number of transactions in a year.
  • Everything is good, I have had no problems with the figures.
  • So far so good, hope it stays that way! There was a lot of areas when first using the program that I did not understand, and that did take some time.
  • Sometimes I am frustrated by the time delays in "chats" but I am grateful for the willingness to continue with different approaches to solve problems.
  • Navigating between different parts of the site too frequently

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Taxoshi
Founded: 2014
New Zealand
taxoshi.com

Company Information

ZenLedger
Founded: 2017
United States
www.zenledger.io

Alternatives

Alternatives

Categories

Categories

Crypto Tax Features

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Integrations

Bitstamp
Binance
Exodus
Kraken
Poloniex
1inch
AscendEX
Avalanche Bridge
Base App
Bitfinex
CoinSpot
Coinbase
Copay Bitcoin Wallet
Curve Finance
KeepKey
LATOKEN
Polkadot
Zapper
Zerion

Integrations

Bitstamp
Binance
Exodus
Kraken
Poloniex
1inch
AscendEX
Avalanche Bridge
Base App
Bitfinex
CoinSpot
Coinbase
Copay Bitcoin Wallet
Curve Finance
KeepKey
LATOKEN
Polkadot
Zapper
Zerion
Claim Taxoshi and update features and information
Claim Taxoshi and update features and information
Claim ZenLedger and update features and information
Claim ZenLedger and update features and information