Crypto Accounting, Tax & CFO Services

Twenty Eighty provides comprehensive accounting, tax, and CFO services designed specifically for cryptocurrency, NFT, and Web3 businesses. The firm eliminates the time and stress that founders, entrepreneurs, and professionals face managing their business finances, offering end-to-end financial management from bookkeeping through strategic CFO advisory.

Bookkeeping & Accounting Services

Real-Time Recording: All financial transactions are recorded properly and in real-time using cloud-based accounting systems (Xero platform), ensuring businesses always have current financial data available. The team handles transaction recording, bank reconciliations, and payroll processing with a "simple, speedy and stress-free" approach.

Proactive Review and Correction: Rather than waiting until month-end or year-end to identify issues, the accounting team continuously reviews financial data and proactively corrects any errors or inconsistencies. This prevents the stressful adjustments that often occur with traditional accounting.

System Setup and Maintenance: Twenty Eighty ensures that accounting systems are properly configured and maintained for the specific needs of each business, including chart of accounts design, integration with bank feeds and other software, and ongoing system optimization.

Financial Reporting: The firm provides relevant financial reports when needed, formatted for specific audiences such as bank loan applications, investor updates, or management decision-making. Reports are tailored to each client's needs rather than using generic templates.

Cryptocurrency & NFT Tax Services

Twenty Eighty has developed specialized expertise in cryptocurrency and NFT taxation, navigating the complex Canadian tax treatment of digital assets:

Tax Compliance: The tax team manages all aspects of tax compliance, ensuring clients understand what needs to be filed, how it should be prepared, and when deadlines occur. This eliminates the common stress of missed deadlines or incorrect filings.

Crypto-Specific Tax Expertise:

• Distinguishing between capital gains and business income for digital assets
• Tracking cost basis across multiple exchanges and wallets
• Handling staking rewards, airdrops, and DeFi transactions
• Reporting requirements for cryptocurrency businesses
• Compliance with CRA guidance on digital assets
• Corporate tax, GST/HST, and payroll remittances

Proactive Tax Strategy: Before filing returns, the team proactively reviews client financial information to identify tax planning opportunities and ensure all available deductions and credits are claimed. By maintaining ongoing communication and providing estimates of upcoming tax obligations, Twenty Eighty helps clients plan cash flow for tax payments and avoid unexpected tax bills.

Controllership Services

Twenty Eighty's controllership services provide the strategic financial management capabilities that small businesses typically lack:

Budget Development and Management: The team works with clients to build comprehensive budgets based on business goals and historical performance. Rather than static annual budgets, these are living documents that are tracked and updated regularly to reflect actual performance and changing business conditions.

Financial Forecasting: Using rolling 12-month forecasts, Twenty Eighty helps businesses anticipate future cash needs, revenue trends, and profitability. This forward-looking perspective allows for proactive decision-making rather than reactive management.

Cash Flow Management: The firm provides detailed cash flow projections and monitoring, helping businesses understand when cash will be tight and when surplus cash might be available for investment or expansion. This is particularly valuable for seasonal businesses or those with lumpy revenue.

CFO Advisory Services

Twenty Eighty's CFO services provide the highest level of strategic financial advisory, positioning the firm as the client's "official financial partner" for critical business decisions:

Business Planning and Strategy: CFO services include helping clients develop and refine business plans, evaluate strategic initiatives, and analyze growth opportunities. The CFO team brings financial rigor to strategic decisions, ensuring that ambitious plans are backed by sound financial analysis.

Investment and Financing Guidance: When businesses need to secure financing, prepare investor presentations, or evaluate investment opportunities, Twenty Eighty's CFO services provide expert support, including preparing financial projections for lenders or investors, structuring debt financing arrangements, analyzing return on investment for major initiatives, and advising on equity financing and capital structure.

Board and Investor Reporting: For businesses with boards of directors or external investors, the CFO service includes preparing board materials, investor updates, and financial presentations that clearly communicate business performance and strategy.

Why Choose Twenty Eighty

As a Calgary-based firm with specialized experience in cryptocurrency businesses and tech startups, Twenty Eighty offers a unique combination of technical accounting expertise and industry-specific knowledge. The firm's approach is built on being a proactive financial partner rather than just providing compliance work. Winner of the 2024 Xero Partner Award for "Large Firm of the Year" in Canada, Twenty Eighty leverages cloud technology to provide real-time financial insights while delivering strategic guidance for Web3 companies navigating token economics, treasury management, and regulatory compliance in rapidly evolving markets.