Crypto Tax & Accounting Services

Bitcounts delivers end-to-end cryptocurrency tax and accounting services through three specialized service areas: Tax and Accounting Services, Strategic Tax Planning, and Crypto Bookkeeping for Businesses.

Service Components

Cryptocurrency Tax and Accounting Services

Comprehensive cryptocurrency tax and accounting services for individual investors and businesses operating in the Web3 space. Includes thorough account reconciliation across multiple exchanges, wallets, and DeFi protocols, ensuring precise tracking and reporting of all crypto transactions. The team prepares detailed tax reports capturing capital gains and losses, handles complex scenarios including DeFi transactions, NFTs, staking, cross-chain swaps, mining income, airdrops, and historical transaction analysis for amended returns. Deliverables include Form 8949 preparation, cost basis calculations, and consultation meetings.

Strategic Crypto Tax Planning

Proactive forward-looking tax planning specifically designed for cryptocurrency investors and Web3 businesses. Begins with comprehensive portfolio analysis to develop customized strategies that minimize tax exposure through legitimate techniques including timing strategies and loss harvesting. For Web3 entrepreneurs, provides guidance on selecting advantageous business structures with analysis of entity types, jurisdiction considerations, and operational structures that provide tax advantages while maintaining regulatory compliance.

Crypto Bookkeeping for Businesses

Specialized bookkeeping services tailored for Web3 startups, DAOs, mining companies, and traditional businesses with cryptocurrency operations. Provides comprehensive tracking of all crypto transactions including payments received, operational expenses, treasury management, staking income, and token-based compensation. Prepares accurate financial reports with balance sheet integration, income statement reporting, and reconciliation between on-chain activities and traditional accounting systems.

Engagement Approach

Bitcounts provides integrated crypto accounting support from initial tax consultation through ongoing bookkeeping and strategic planning. Clients receive comprehensive tax reports, detailed transaction histories, capital gains summaries, and continuous advisory as regulations evolve.

Key Differentiators

• Big Four firm experience (Deloitte) combined with hands-on cryptocurrency expertise
• Founding team has worked with 800+ crypto tax filers
• Multinational presence across US, Canada, Australia, UK, and India
• Expertise in complex scenarios including DeFi, NFTs, staking, and mining

Ideal Client Profile

• Individual crypto investors with multi-exchange, multi-wallet portfolios
• Active traders requiring detailed capital gains reporting
• Web3 startups needing ongoing bookkeeping and compliance support
• DAOs and mining companies with complex treasury operations
• Traditional businesses integrating cryptocurrency into operations