There are a number of things you need to consider when trading cryptocurrencies. Whether you need help with reporting your gains and losses to the IRS or are looking for financial advice around cryptocurrency, we're here to help.
Every cryptocurrency transaction that results in capital gains or losses is considered a taxable event and thus, thorough tracking and documentation is important for accurate gain/loss calculation. For some investors, this can involve hundreds or even thousands of transactions over the course of a year, quickly becoming a complicated and confusing accounting situation. Whatever your level of cryptocurrency involvement, we can assist in unraveling a complex array of crypto transactions, determine your net gains/losses, and keep you prepared when tax time rolls around.
Due to the ongoing loose regulation of the industry and the continued debate over the legality of digital currency ownership, many people remain confused about cryptocurrency tax implications. However, failure to report capital gains, even unknowingly, is considered tax fraud and could end up costing you significantly. Our team can help you understand your investment classification, maintain thorough documentation, fill out the proper forms, and ultimately ensure you achieve and maintain tax compliance with the IRS
Are you looking to raise capital for your cryptocurrency start-up? While billions of dollars continue to be poured into this space, investors are becoming increasingly cautious/selective and there are many challenges to face when raising money through an ICO. Unlike an IPO (Initial Public Offering), an ICO (Initial Coin Offering) generally lacks regulation and this may leave you with questions about how to proceed. Let our financial experts guide you through the process – from setting a realistic budget to financial security structuring and optimizing your tax categorization, we can improve your ICO potential.
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