What is the Crypto Tax Review, and how it works?
With the Crypto Tax Review, you can find the confidence that you calculated your own crypto gains and income correctly to be reported on your tax return. CryptoTaxAudit will review your crypto tax calculations to identify any potential discrepancies or errors, ensuring that your cryptocurrency tax reports are accurate and tax compliant.
During our review of your crypto tax calculation, we will address the following critical areas within your crypto tax reports:
- Missing Cost Basis
- Correct Classification of Transactions
- Missing Data
- Warnings and Errors
- Compliance with Tax Laws
Disclaimer: This service is limited to the review of your crypto tax calculation, and does not include reviewing your tax return or otherwise aiding or consulting in any other tax matters This service is not intended for IRS matters or to replace official tax advice or filings. Please see our website for a full listing of our other tax services.
Key Features of this Service Include
- Comprehensive Crypto Tax Review: Our team of experts examines your crypto tax calculation, identifying potential discrepancies or errors, and ensuring that your reporting remains accurate and compliant.
- Findings and Recommendations Report: You'll receive a comprehensive report summarizing our findings and recommendations. This report becomes an invaluable resource for your tax reporting needs.
- Expert Guidance: Count on our team to answer your queries and provide expert guidance, optimizing your crypto tax situation during a complimentary consultation.
The report and review will include up to two tax years. More tax years can be included for an additional cost.
How to get started?
We will ask you some general questions to help us analyze your crypto calculation. We will also require the following information from you to complete the review and to provide you with the final report, which we will ask you to upload through a secure portal.
- Your crypto tax software transaction history for all time in Excel or CSV format.
- Your crypto form 8949 report, and/or the capital gains report in Excel or CSV format.
- Your crypto income report in Excel or CSV format.
- Capital Gains reported on Schedule D of the 1040 tax return.
Once we have all of your information, we will ask you to set up a consultation with our team to review your crypto tax situation. After the consultation, a report will be provided to you with our recommendations.