Crypto Tax, Bookkeeping & Accounting Services

Token Expert provides specialist crypto accounting, bookkeeping, and tax compliance services for Canadian individuals and businesses with digital asset activities.

Crypto Tax Compliance

Token Expert prepares Canadian federal and provincial tax forms (T1 and T2) for clients with cryptocurrency and digital asset activities, in full compliance with Canada Revenue Agency (CRA) guidance. The service covers all relevant income types including trading gains, DeFi income, staking rewards, NFT proceeds, and mining income, with supporting schedules and documentation included.

Annual Income Calculation & Tax Reconciliation

A complete reconciliation of a client's digital asset transaction history is provided to determine taxable income for Canadian tax purposes. This includes importing transactions across multiple wallets and blockchains using specialist tools (Octav, Koinly, blockchain indexers), identifying and categorising all transaction types (swaps, transfers, DeFi interactions, staking rewards, NFT trades, bridge activity), and computing gains, losses, and income using the accounting method appropriate to the client's Canadian tax jurisdiction. The output is a comprehensive annual summary document suitable as input for tax return preparation.

Crypto Bookkeeping

Ongoing recording and categorisation of digital asset transactions is provided for businesses and active traders. Services include journal entry preparation for corporate clients (available monthly, quarterly, or annually), integration with Xero for clean financial records, accurate cost basis tracking across assets and wallets, and clear financial statements reflecting digital asset holdings and activity.

Digital Asset Accounting Consulting

On-demand advisory covers the tax treatment of specific transaction types (DeFi, staking, NFTs, bridges, airdrops), guidance on accounting methodologies, pre-transaction planning to optimise tax positions, support for businesses establishing digital asset accounting frameworks, and audit support and documentation assistance.