Cryptocurrency Tax

The number of cryptocurrency and digital asset owners continues to grow, yet the tax guidance around these assets has yet to evolve. You may find yourself in a situation without a defined course of action, and with endless interpretations of the current tax code, which is right for you? With a lack of definitive guidance, it is essential to work with a CPA that specializes in cryptocurrency tax.

From Bitcoin to Altcoins. We’ve Got You Covered!

Don’t know the best way to track your transaction history? Are you unsure of the taxability of staking, hard forks or airdrops? Did you lose cryptocurrency to a scam or failed exchange?

We have extensive experience with cryptocurrency tax and can ensure these transactions are reflected properly on your tax return. We will work with you throughout the year, so you are aware of the tax consequences of all transactions before they occur. This includes transactions surrounding:

• Capital Gains and Losses

• Staking

• Mining

• Hard Forks and Airdrops

• Cryptocurrency Gambling

• NFT Creators

Although cryptocurrency lacks updated IRS guidance, we stay current with all revenue rulings and court cases to keep our clients informed of the potential reporting options. There are many unique tax issues surrounding cryptocurrency tax. It is our goal to stay aware of all reporting options to keep you in compliance.

Not only are we experienced in cryptocurrency tax reporting issues, but we accept certain digital assets as payment! If you would like to pay using Bitcoin or another cryptocurrency, we can facilitate the transaction.