To help our customers get the assistance they need, we are partnering with Expert Crypto Tax Services, LLC, an accounting firm led by CPAs and Enrolled Agents in the United States. The firm is staffed by crypto tax experts and professionals who fully understand the ins and outs of crypto transaction reconciliations and related tax issues. Expert Crypto Tax Services provides crypto tax services exclusively for CoinTracking customers. You are their only priority!
Our Full-Service offering is available to all CoinTracking users. However, at this point, the service is only available in English. We hope to expand to other languages in the near future.
Some exchanges have limited data export features and some don’t let you export fees, trades, deposits or withdrawals. Fortunately, our Full-Service team has the expertise to help you solve those issues.
Many crypto investors are unsure of how to properly treat missing transactions, current pricing and basis calculations. These errors can result in higher tax bills. Our crypto tax professionals can make sure everything has been accounted for correctly and make sure you pay the correct amount of taxes. If there are errors with initial tax calculations, taxpayers could be subject to additional penalties and interest. With our help, you can minimize these potential problems.
Some traders end up with hundreds of thousands of trades at the end of the year because they use bots. Time zone differences and export format differences across various exchanges can make collating data difficult. Our Full-Service team can help you sort through your large volume of transactions and give you peace of mind.Confirm that all your crypto transactions are properly categorized.
Different forms of crypto income should be classified differently. For example, cryptocurrency that you bought with fiat currency usually doesn’t need to be reported until you sell it or use it to buy goods or services. In contrast, crypto-for-crypto exchanges, crypto received from mining, hard forks, staking, ICOs or lending programs may need to be reported as income. Tax treatment for crypto gifts is handled differently. CoinTracking Full-Service can help you record each type of crypto transaction correctly.
Tax treatment for lost and stolen coins depends on different circumstances and the tax laws of your country. This is a complicated area in which you should probably seek professional help.
In some cases it may be possible to retrieve data from exchanges that have gone out of business. Mt. Gox and other exchanges have closed overnight, leaving their customers wondering what to do at tax time. Our Full-Service team can walk you through what your options are.
The first step is to fill out an intake form which will put you in touch with a member of our Full-Service team within 48 hours. We will send you a cost estimate based on the information you provided. If you accept our offer, we will invoice you for the retainer fee. Upon receipt of your payment, we will begin working with you and guide you through the process of reconciling your account and completing your tax report.
Our Full-Service team will provide you clear guidance and step by step instructions throughout the process. We will explain clearly the issues we identified and the actions you need to take to fix the problems. We will work alongside you or we can do the work for you if you prefer. We are always here if you need help.
With CoinTracking Full Service, you’ll always know what to expect in terms of fees. Pricing starts at $250 per hour, with a minimum fee of $675. Most easier cases only require a few hours of work. However, complex cases may take a much longer period of time to resolve, especially if you don’t have access to all your transaction data. If you are a CoinTracking Unlimited package subscriber, you’ll enjoy a 20% discount on our fees.