Host Tom Shaughnessy talks to Pat Larsen, CEO, and co-founder of ZenLedger. They discuss the issues with filing taxes when you have cryptocurrencies, what gaps ZenLedger fills, possible future use cases, and more.
Most CPAs have no idea how to handle cryptocurrency in tax filings.
Using ZenLedger saves you hours of aggregating information manually.
“The IRS obviously cares. They’ve sent out tens of thousands of warning letters. They’re using blockchain analytic software. So I think the enforcement actions are stepping up, there will be audits, so you just want to take care of yourself.” –Pat Larsen
“At its core, we’re saving you time, we’re giving you accurate reports, and we’re giving you peace of mind whether you’re in a corporate capacity or an individual capacity.” –Pat Larsen
“You’re going big wave surfing & you just have to pick a place that has good waves & you need to trust that you’ve trained with your skills to be able to ride those waves, & if you fall down as you inevitably will, that you’re gonna get back up & ride another wave.” –Pat Larsen
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Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Tom Shaughnessy owns tokens in ETH, BTC, STX, SNX, RUNE, sUSD and HNT. Let’s Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Guest host Kevin Kelly holds tokens in BTC, ETH, RUNE, and LEO.
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Published at Mon, 30 Mar 2020 16:47:00 +0000