Crypto taxes need clean records.
Not guesses.
We reconcile multi-wallet crypto activity across exchanges, self-custody wallets, chains, DeFi protocols, staking, NFTs, and bankruptcy distributions. You get defensible numbers, a written findings report, and a clear path before your return is finalized.
Who this is built for
Crypto tax problems usually come from incomplete data, bad imports, missing cost basis, and software reports that were never reconciled. Start with a free consultation. A diagnostic may be useful when the records need deeper inspection before we can quote the work.
- ✓ Multi-wallet investors , Coinbase, Kraken, Binance, Gemini, plus self-custody wallets across Ethereum, Solana, Bitcoin, and other chains
- ✓ DeFi users with yield farming positions, liquidity pool tokens, or cross-chain bridge transactions that your tax software cannot parse
- ✓ Stakers with ongoing staking rewards from ETH, SOL, ADA, DOT, or other PoS networks , especially if you’ve been treating them as non-taxable
- ✓ NFT traders with mint costs, gas fees, royalties, and wash sale questions across multiple marketplaces
- ✓ Investors with Celsius, BlockFi, FTX, or Voyager exposure , distributions, claims, or losses that were never properly reconciled
- ✓ Anyone who has filed crypto taxes without reconciling all wallets , and suspects their prior returns may have errors
The IRS reporting environment changed
Digital asset activity is now part of the standard tax return conversation. Taxpayers must answer the digital asset question correctly, and the answer depends on whether they received, sold, exchanged, or otherwise disposed of digital assets during the year.
Broker reporting is also expanding. Form 1099-DA reporting applies to certain broker sale and exchange transactions beginning with transactions on or after January 1, 2025. That means mismatches between exchange data, wallet records, and tax reports are going to be easier to identify.
Staking rewards, mining rewards, airdrops, DeFi income, crypto-to-crypto trades, and bankruptcy distributions all need separate review. The problem is not usually the tax form. The problem is whether the underlying data is complete and defensible.
Transaction types we reconcile
Not all crypto tax problems look the same. We handle the normal trades and the ugly edge cases that make software reports unreliable.
Crypto Tax Reconciliation
Multi-wallet chaos, years of unreconciled history, or a prior return you are not confident in? We review your crypto transaction history across wallets and exchanges, identify gaps and misclassifications, flag likely unreported income, and give you a written report with a clear picture of what needs to be fixed. Flat fee. No surprises. No commitment to proceed beyond the diagnostic.
- Multi-wallet & multi-exchange review
- 1M+ transactions processed to date
- DeFi, staking, NFT, and fork coverage
- Written findings report with practical next steps
- Koinly / CoinTracker / CoinLedger compatible
- Bankruptcy distribution (Celsius, FTX, BlockFi)
- Cost basis method assessment & recommendation
- Prior-year issue and amendment risk identification
How we clean up crypto tax records
A tax report is only useful if the underlying transaction history is complete, reconciled, and explainable. Our process is built around finding the gaps before they become tax problems.
Collect the full data set
We gather exchange exports, wallet addresses, CSV files, APIs, tax software access, and prior-year reports so we can see the full picture.
Find missing activity
We compare imports to on-chain activity, identify unmatched transfers, missing cost basis, duplicate transactions, and unsupported DeFi events.
Classify tax treatment
We separate capital gains, ordinary income, transfers, fees, staking rewards, airdrops, mining income, and bankruptcy-related activity.
Document the result
You receive written findings, recommended corrections, a cost basis review, and the next steps needed before final tax reporting.
Tax platforms we work in
We are platform-agnostic. We work in the tool that makes sense for your transaction history, not the one that is easiest for us. If you already have a crypto tax account, we can usually work in it. If you are starting from scratch, we recommend the right fit.
Cost basis method selection matters
Cost basis is where many crypto tax files go wrong. The method used, the records available, and the wallet or account holding the asset can directly affect the gain or loss reported.
First In, First Out
Your earliest-purchased units are treated as sold first when no supported specific identification is available. Simple to apply, but not always tax-efficient.
Highest In, First Out
Your highest-cost lots are treated as sold first, which may reduce taxable gains or increase recognized losses. It only works when records support lot-level identification.
Specific Identification
You identify the specific lots being sold or disposed of. This gives the most control, but it requires the strongest documentation.
Crypto tax questions we answer every week
IRS Notice 2014-21 treats virtual currency as property for federal tax purposes. Rev. Rul. 2023-14 addresses staking rewards received by cash-method taxpayers. Form 1099-DA reporting applies to certain broker transactions beginning with transactions on or after January 1, 2025.
Holding crypto without selling or otherwise disposing of it is generally not taxable by itself. But several transactions can create taxable income even without converting to cash: staking rewards, mining rewards, DeFi income, airdrops, and payments received in crypto.
Crypto-to-crypto swaps, NFT sales, and other disposals can also create capital gains or losses. The key question is not just whether you cashed out. The key question is whether you received income or disposed of a digital asset during the year.
There is no universal answer. FIFO is simple and often used when specific identification is not available. HIFO may reduce gains when reliable lot-level records exist. Specific Identification gives the most control, but it also requires the strongest documentation.
For 2025 and later transactions, wallet-by-wallet and account-by-account basis rules make the records even more important. During the Crypto Tax Reconciliation, we review what can actually be supported instead of giving a generic answer that may not hold up later.
For a deeper checklist, read our 2026 Crypto Cleanup Checklist.
Yes. Multi-year catch-up is one of our most common engagements. We reconstruct transaction history back to the earliest relevant crypto activity, reconcile wallets and exchanges across years, identify missing data, and produce corrected gain/loss and income reports by tax year.
If prior years were filed incorrectly, or if crypto was omitted entirely, amended returns may be needed. Starting with the Crypto Tax Reconciliation tells us the scope and lets us quote the cleanup project before work begins.
Exchange bankruptcies created some of the messiest crypto tax issues for individual investors. The correct treatment depends on what was frozen, what was later distributed, what form the distribution took, when it was received, your original cost basis, and whether any loss was previously claimed.
Do not assume every bankruptcy distribution is automatically a clean capital loss. Some cases involve partial recoveries, claim rights, cash distributions, replacement tokens, amended prior-year positions, or income recognition issues.
If you had Celsius, BlockFi, Voyager, FTX, or similar exposure, the Crypto Tax Reconciliation includes a review of the relevant years and a written summary of the issues that need to be resolved.
Yes. We work with Koinly, CoinTracker, CoinLedger, ZenLedger, Awaken Tax, Summ, and direct blockchain explorers. We do not require one specific platform. If you already have a Koinly account set up, we can work in it. If you are starting from scratch, we recommend the right tool based on your exchanges, chains, and DeFi activity.
The Crypto Tax Reconciliation includes a platform assessment. We review whether your current setup is producing usable numbers or whether there are import errors, missing transactions, transfer mismatches, or misclassifications that need to be corrected before the reports can be trusted.
Reconcile the activity before relying on the report.
$500 gets you a practical review of your crypto transaction history, a written findings report, and a clear picture of what needs to be fixed before final tax reporting. No ongoing commitment required.
