Your Crypto
Accountant
and
Tax
Experts
Below is our service portfolio which expands beyond crypto
Our team of cryptocurrency tax specialists bring clarity to those investing in crypto. Beside crypto, we also do consulting and on-going bookkeeping. Our goal is to make cryptocurrency and running traditional businesses simple, stress-free and easy to understand. We are not traditional accountants, we have a deep technical understanding of liquidity, staking, bridges, derivatives, NFT ecosystem and other DeFi related concepts.
What We Do As Your Crypto Tax Accountants: Trading cryptocurrency involves gains and losses. Software tools like Koinly, Crypto Tax Calculator do not produce accurate reports leaving many crypto investors open to overpaying or underpaying taxes. We can help because we’re data analysis experts in crypto currencies, DeFi, tokens, NFTs, swaps, and staking. We make sure that you do not have high value transactions with missing cost bases in order to not pay unnecessary tax. We also follow other rigorous procedures to ensure accurate reporting.
Service Offerings for Individuals
Cryptocurrency Taxation
Our cryptocurrency tax services streamline account reconciliation and tax report preparation. Our expert accountants ensure precise tracking and reporting of your crypto transactions, minimizing errors and ensuring compliance. We provide:
- Comprehensive account reconciliation
- Detailed cryptocurrency tax reports
- Guidance on complex crypto tax scenarios (e.g., DeFi, NFTs, mining)
- Assistance with historical transaction analysis
Tax Return Preparation
We assist clients in preparing and filing individual tax returns, ensuring:
- Accurate reporting of cryptocurrency transactions
- Compliance with tax authorities and state tax guidelines for all tax items
- Maximization of deductions and credits
- Timely submission to avoid penalties
Strategic Tax Planning
We offer proactive tax planning services to:
- Minimize tax liability on crypto investments
- Optimize tax benefits across all financial areas
- Develop long-term strategies for wealth accumulation
- Advise on tax-efficient crypto trading and investment strategies
Tax Resolution
We help clients resolve tax issues or disputes, particularly regarding cryptocurrency transactions, by:
- Representing clients before the tax authorities
- Negotiating payment plans or settlements
- Assisting with audit defense
- Addressing crypto-specific tax concerns
Services offerings for Business
Cryptocurrency Accounting
We provide specialized accounting services for crypto businesses, including:
- Reconciliation and classification of cryptocurrency transactions
- Crypto-specific journal entries and ledger management
- Preparation of financial reports compliant with GAAP/IFRS
- Integration of crypto accounting with traditional financial systems
Business Tax Return Preparation
We assist in preparing and filing business tax returns, ensuring:
- Accurate reporting of all business activities, including crypto transactions
- Compliance with evolving cryptocurrency tax regulations
- Maximization of business deductions and credits
- Timely filing to avoid penalties
Web3 Startup Consulting
Our crypto accountants offer comprehensive tax consulting for Web3 startups, including:
- Structuring advice for tax efficiency
- Guidance on token offerings and cryptocurrency payments
- International tax planning for decentralized operations
- Compliance strategies for emerging Web3 business models
Business Tax Resolution
We help businesses resolve tax issues, especially in crypto-related matters, by:
- Representing companies before tax authorities
- Negotiating favorable settlements or payment plans
- Providing audit support and defense
- Addressing complex crypto tax compliance issues
Blockchain Business Bookkeeping
We offer tailored bookkeeping services for blockchain businesses, covering:
- Integration of cryptocurrency and traditional transaction entries
- Real-time tracking of crypto assets and liabilities
- Preparation of crypto-inclusive financial statements
- Assistance with crypto payment reconciliation and reporting
Our Process
Bitcounts is leading a revolution in accounting industry by providing services in the less explored Crypto space. We bring deep experience and range of services under one roof, and can help ensure that all moving parts of your Crypto Investments business are aligned.
Step 1 –
Get in touch with us
- You can go on Get in touch page and fill the form to tell us about your crypto scenario.
- We will contact you and guide you to extract the data that we need to get started.
Step 2 –
Examination of your data
- We’ll examine your data
- Provide you a quote and expected time to complete your reports.
Step 3 –
Calculation and Reporting
- We’ll calculate your Crypto Gains/Losses and will provide you a draft Crypto Gains/Loss report so that you can review it and ask any questions that you may have.
- Once you approve it, we’ll give you final report.
Step 4 –
Meeting to discuss your report
- If required, we’ll setup a meeting to go over your results.
- You or us can work with your CPA to file your taxes.
- If you want us to file, you can let us know.
Crypto Tax
Accountant
Report
That's Accurate
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Bitcounts:
Your
Crypto
Compliance
Experts
Our Crypto Tax Firm is built on three pillars: effective communication, quality service, and 100% client satisfaction.
Contact our Web3 accounting firm today to get your crypto accounting and tax reporting done right. Your compliant Crypto Reporting is just a message away!