Announce important deadlines or events in this space

Learn more about migratio

Cryptocurrency Taxation

Cryptocurrency Taxation

Cryptocurrency Taxation

If you are involved in cryptocurrency transactions, chances are your current tax preparer does not understand how to handle your crypto taxes. We specialize in cryptocurrency taxation and we are one of the top crypto tax experts in the country. In addition to serving a significant number of crypto tax clients, we also teach other tax professionals how to correctly handle crypto taxes. If you are looking for a CPA who can handle both your crypto taxes and your regular tax return preparation, you have come to the right place.

To make sure your crypto tax report is correct, the first step is to reconcile all your crypto transactions. Most tax practitioners do not know how to do that. Many people have the misunderstanding that only trades need to be included in cost basis calculation, or a gain/loss needs to be calculated only if a coin is sold for fiat currency and cashed out. In addition, many people do not understand what transaction is taxable and what is not. The lack of or insufficient, official guidance in cryptocurrency taxation makes both crypto taxpayers and tax preparers feel like being in the dark, not knowing what to do. Our team has served hundreds of crypto investors and businesses with crypto transactions. We know inside out about crypto, not only because we specialize in crypto taxation, but also because we are personally experienced crypto investors, we speak the “crypto language.”

Full-service plans for individuals

Bronze

  • Up to 5 unreconciled exchanges and wallets
  • Up to 5,000 basic crypto transactions*

Silver

  • Up to 10 unreconciled exchanges and wallets
  • Up to 10,000 basic crypto transactions*

Gold

  • Up to 20 unreconciled exchanges and wallets
  • Manual import assistance for crypto accounts
  • Up to 20,000 basic crypto transactions*
  • Individual tax return prep (federal + 1 state) base fees included

* Basic crypto transactions include regular trading, transfers, gifting, donation, airdrops, hardfork, income and spend.

If you are a business looking for crypto accounting services, please see our crypto business service plans.

Polygon Advisory Group social image

Ready to get started?

Book an Appointment