Cryptocurrencies Investors And Traders
Calculating capital gains and losses on cryptocurrencies is not always an easy task. It requires a deep technical understanding of how crypto and tax software work and its limitations.
You can leave that to us, whether you own cryptocurrency now, have previously owned cryptocurrency, or intend to buy cryptocurrency in the future.
With our service, we make crypto tax reporting easy. We have a cryptocurrencies tax package to suit your needs, whether you are a first-time crypto buyer or a crypto whale.
We have a thorough understanding of blockchain, liquidity pools and staking protocols, NFT reporting, bridges, crypto loans, and we are committed to continuous learning and embracing the digital space.
NFT services and tokens
Typical Questions We Often Answer
- Do I need to pay taxes on crypto?
- How do you calculate the cost basis for cryptocurrency? Which method should I use?
- The cryptocurrency I sold had been in my wallet for more than a year. How will I be taxed?
- Some part of my salary is paid to me in bitcoin. How do I report this income?
- I am mining cryptocurrency. Do I have to pay self-employment tax? Can I deduct expenses?
- How do I handle DeFi transactions? e.g.: 1) Adding and removing coins from liquidity pools; 2) bridging tokens between blockchains; and 3) token wrapping.
- Do I need to disclose crypto I receive in a hard fork in my tax return?
- I don’t have accurate records of my crypto transactions. What should I do?
- I have not been reporting my crypto investment in my tax returns for several years. What can I do about it now?
- Do I need to disclose my cryptocurrencies on an FBAR report?
We Offer More Than Crypto Tax Reporting
We follow rigorous procedures to ensure accurate reporting, and analyze all transactions with missing cost basis.
We also assist you in optimizing your tax efficiency so that you do not pay any unnecessary tax.
Importantly, we understand the technical concepts in the crypto space: Liquidity Pools; DEXs; Staking; Bridges; Nodes; IDOs; NFTs and how to report these for tax purposes.
And we even offer our own NFT collection!
Basic
For simple calculations- Up to 1000 transactions
- Up to 3 exchanges
- Up to 1 wallet/chain
- 8949 report, Schedule D (US) / Local equivalent for other countries
- Missing data analysis
- Liquidity pools/mining/staking/lending/nodes/futures/margin
- IDOs and NFT transactions
- Tax optimization
- 14 business day turnaround*
Standard
For traders- Up to 5000 transactions
- Up to 6 exchanges
- Up to 3 wallets/chains
- 8949 report, Schedule D (US) / Local equivalent for other countries
- Missing data analysis
- Liquidity pools/mining/staking/lending/nodes/futures/margin
- IDOs
- NFT transactions
- Tax optimization
- 21 business day turnaround*
PRO
For complex calculations- Unlimited transactions
- Up to 10 exchanges**
- Up to 6 wallets/chains**
- 8949 report, Schedule D (US) / Local equivalent for other countries
- Missing data analysis
- Liquidity pools/mining/staking/lending/nodes/futures/margin
- IDOs and NFT transactions
- Business structuring analysis
- Advanced tax optimization
- 29 business day turnaround*
- To discuss additional services, please book a consultation.
* From date all data is received
** $100 per additional wallet/chain (paid upon filing)
Next Step - Schedule A Consultation With Us
During the consultation, we assess your tax situation and will provide you with a quote. Our transparent, fixed-fee pricing means you won’t have any surprises.
Our team is knowledgeable and experienced in cryptocurrency taxes and cryptocurrency regulations, and is well-versed in DeFi, liquidity pools and staking protocols NFTs, blockchain bridges, crypto lending, and is committed to continuous learning and adoption of the digital space.
