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.