Cryptocurrency Tax Services
We have clients in every aspect of the crypto industry: trading, blockchain development, facilitating ICOs, NFT minting, mining, DeFi/staking, with clients ranging from individual investors to companies specializing in these. Happy to assist with the simples to the most complex crypto situations.
Some common requests include:
- Reporting crypto that was forgotten on prior year returns – if you have forgotten or missed reporting your crypto, we can assist you with the amendment
- Reporting crypto on your returns on IRS form 8949 – if you are unsure how to generate this, we are happy to assist you
- Trading extensively among multiple exchanges and need assistance reconciling your crypto activity
- If you have experienced fraud, we know how to get you a dollar-for-dollar tax deduction for this
- For situations where an exchange is no longer in business in your jurisdiction or where your records are lost, we know the solution
- Funds at Voyager, Celsius, FTX, and other exchanges that are not functioning
- Crypto income from mining, staking, NFT minting, NFT trading, high frequency or algorythmic trading, DeFi, etc.
- How it works from a tax perspective on crypto capital gains, wash sale rule, qualified traders, etc.
- Crypto gambling
- Development of blockchains, ICOs, rug pulls, and accounting for other complex situations
- Wash sales, qualified traders, tax trader status, mark to market election, advanced trading strategies
- Tax strategy surrounding capital gains optimization/minimization – yes, there are ways to legally eliminate capital gains
Please feel free to contact us below if you have questions or are interested in any of the above.