Accurate, Easy, & Secure Crypto Tax Preparation.

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Checkout

Select your package by clicking here and complete checkout to get started.

Questionnaire

Complete your simple 2-step client on-boarding questionnaire.

The Data!

We configure your data upload via API or CSV and prepare your standard return and 8949 form.

Final Call

Final call with your specialist to go over your return, sign, and submit to the IRS.

Get Your Return Completed in 4 Easy Steps!

“Great experience! My bitcoin.tax report was way off and the team at CryptoTaxPrep.com was able to find the errors, and complete my return with accuracy.”

Brian B., CryptoTaxPrep.com Client

DIY vs CryptoTaxPrep.com

CryptoTaxPrep.com by Happy Tax is your trusted source for expert crypto tax preparation and is featured on Product Hunt, Accounting Today, Franchise Times and Entrepreneur Magazine. 


Our CPAs help clients with income from all types of cryptocurrencies, not just bitcoin. A short list of the cryptocurrencies we’ve worked with includes Ether, Ripple, Dash, Litecoin, Monero, Steem, NEO, IOTA, EOS, zCash and many other altcoins.

We Work With All Types of Cryptocurrency, Not Just Bitcoin.

*Don’t forget, the Bitcoin Cash and Bitcoin Gold forks are also taxable events if you received and sold them.

Expert CPA

Prepared Returns

Accuracy  

Guarantee

100% Free 

Audit Assistance

Security is 

Built In

Year Round 

Support

Free Anytime  

Tax Returns Access

As the first and only national FinTech firm to offer bitcoin and crypto tax preparation and accounting, we have the most experienced bitcoin and crypto tax preparation practice in the country. Our tax returns are 100% prepared by US-based licensed Certified Public Accountants, no fly by night tax preparers here. Our clients include miners, day traders, casual investors, early adopters, and businesses accepting bitcoin as a payment method. We prepare taxes for clients in all 50 states.

Why Use Us?

Tax Prep + Accounting.

Calculating your capital gains or losses for Bitcoin and other cryptocurrencies isn’t always straightforward. To accurately calculate your crypto and pay the least amount of tax legally possible you would need to know the cost-basis of every token you own, track every profit and new basis when you spend or sell, and be able to work out the best way to identify your trades to optimize your taxes. Let our CPAs do it for you.


We have joined our crypto accounting services with tax preparation, so you get the best service available. We will provide you with easy to use tools to see your profitability, keep track of your profits even for the most sophisticated traders. Then, we compile that into your tax return that includes all of your other income, adjustments, credits, and deductions. 


Our process is simple and easy, yet powerful and effective.

Do the packages include my Federal and State return?

Yes! We complete your crypto reconciliation, gather all your information in our online portal and complete your Federal and state tax returns.

Is Cryptocurrency Regulated by the IRS?

Yes. The IRS issued a policy notice in 2014 expressly stating that Bitcoin and other virtual currencies are taxable as property. While many investors believe that digital currencies fall under loopholes or exemptions to the tax code, this is far from the case. The IRS is ramping up enforcement against cryptocurrency investors, and the agency is even going after investors retroactively as far back as 2013.

What’s the Difference Between Legal Tender and Property?

In many ways, virtual currency operates just like legal tender. It can be exchanged, used for purchases, loaned out or given away. It is a store of value and a medium of exchange, but it is not considered legal tender in any U.S. jurisdiction. In the United States, the federal government is the only entity that can officially create money, and it has established the dollar as the legal tender. Unless Bitcoin or some other virtual currency legally replace the U.S. dollar under federal law, it will be taxed as property or some other similar asset.

If My Employer Pays My Wages in Virtual Currencies, Do I Need to Report this Income to the IRS?

Under U.S. law, a property can be “real” – meaning buildings or land – or “personal” – meaning assets that you own other than real estate. Personal property can be tangible, like your car or your prized stamp collection, or it can be intangible, like the rights to a copyrighted image or musical score. So, cryptocurrencies would qualify as intangible personal property under U.S. tax policy.

Cryptocurrencies Change in Value All of the Time – How Do I know What Value to Report to the IRS?

Virtual currency wages, self-employment income, or other payments should be reported using the full fair market value of the cryptocurrency at the time the payment was made. So, for example, if you are paid one Bitcoin when the price was $10,000, but the price increased to $12,500 by the time you file your taxes, you report the income as $10,000.

I Usually Prepare My Tax Returns On My Own, Should I Consult a Professional if I’m Expecting Tax Liability From Cryptocurrency Investments?

Many of us use software and apps to help us manage our finances. However, when it comes to the fast-paced and constantly-changing world of cryptocurrency investments, not consulting with a tax professional when setting up or managing a virtual currency portfolio is a mistake.


Your hometown accountant may not be totally up to speed on the latest rules and regulations affecting cryptocurrencies. Fortunately for you, all Happy Tax CPAs have been specially trained in the tax treatment of Bitcoin and other virtual currencies. As a result, you can count on Happy Tax to get you the tax planning and preparation services you need to give you some much-needed peace of mind come tax season.

What If I Buy and Sell Cryptocurrencies for a Profit Rather Than Earn Them Through Wages or Self-Employment Income?

If you invest in cryptocurrencies, it’s likely characterized as a capital asset by the IRS. A capital asset is a significant piece of property like real estate, vehicles, stocks, bonds, or valuable collectibles like art or antiques. Capital assets owned for more than one year produce what is known as a capital gain (or loss). Capital gains are taxed differently than earned wages or self-employment income, and the rates vary based on your tax bracket.


On the contrary, capital assets owned for less than one year produce a short-term gain (or loss). Short-term gains are taxed at the ordinary income rate, which is determined by your taxable income. These tax rates are changing with the federal tax reform coming in 2018, so be sure that you’re up to date on how the new laws affect your investment.

Starter Package

$600

We file Form 1040 + Schedule D + 1 State return on your behalf.


We’ll do all bookkeeping, accounting, and reconciliation of 1 exchange and up to 1,000 transactions. 


Creation of Form 8949 RRR Reconciled, Reviewed and Reported.


We’ll handle all of your investments (crypto and otherwise) and reconcile, review, then report them via a Form 8949. 


This plan does not support handling taxes if you mined bitcoin or are self-employment (it’s an extra $150 to file this). 


FinCen & FBAR reporting: Starts at $200 (After 3 foreign exchanges, $50 for each additional)

For those with a little bit more skin in the game.

Premiere Package

$1750

An all-inclusive package for the most active bitcoin traders.

Platinum Package

$3500

For the bitcoin and cryptocurrency enthusiast

Base Package

Choose a package that suits your needs

For single exchange users like Coinbase, Bittrex, Kraken and others.

We file Form 1040 + Schedule D + 1 State return on your behalf.


We’ll do all bookkeeping, accounting, and reconciliation of up to 5 exchanges and up to 1,000 transactions.


Access to Crypto Reporting Tool. 


We’ll handle all of your investments (crypto and otherwise) and reconcile, review, then report them via a Form 8949.


This plan does not support handling taxes if you mined bitcoin or are self-employment (it’s an extra $150 to file this).


FinCen & FBAR reporting: Starts at $200 (After 3 foreign exchanges, $50 for each additional)

We file Form 1040 + Schedule D + 1 State return on your behalf. 


We’ll do all bookkeeping, accounting, and reconciliation of up to 20 exchanges and 3,001 to 10,000 transactions.


Access to our Crypto Reporting Tool. 


Monthly reconciliation and bookkeeping of all transactions from all exchanges. 


We’ll handle all of your investments (crypto and otherwise) and reconcile, review, then report them via a Form 8949.


You’ll get a monthly advisory meeting with an account strategist to help you stay in-the-know. 


This plan includes one Mining Self Employment Schedule C included.


This plan includes filing the necessary FinCen 114 and FBAR forms. *There is a penalty of $10,000 per exchange (up to $100,000) for willfully not disclosing this.

We file Form 1040 + Schedule D + 1 State return on your behalf.


We’ll do all bookkeeping, accounting, and reconciliation of up to 10 exchanges and 1,001 to 3,000 transactions.


Access to our Crypto Reporting Tool. 


We’ll handle all of your investments (crypto and otherwise) and reconcile, review, then report them via a Form 8949.


This plan does not support handling taxes if you mined bitcoin or are self-employment (it’s an extra $150 to file this).


FinCen & FBAR reporting: Starts at $200 (After 3 foreign exchanges, $50 for each additional)

$850

CryptoTaxPrep.com provides an easy, safe and secure platform to file your crypto taxes and reduce your tax liability with our Crypto Tax Experts all with affordable prices. All of our plans include our Crypto CPAs preparing your entire return, full reconciliation of all your crypto trades from the exchanges and wallets, bookkeeping, accounting, tax advisory, audit assistance, and our 100% accuracy guarantee

MEET A FEW OF

OUR CPAs.

Victoria Pizzino, CPA 

Anthony Colonnello, CPA 

Ayodele Famewo, CPA 

Ben Jacobs, CPA 

LuSundra Everett, CPA 

Our team is committed to providing our crypto clients the best filing experience available.

Reviews

Jim H.

“After trying Cointracking.info and getting the wrong reports, I decided to use CryptoTaxprep.com. My experience was fast, easy, accurate.”

Virginia B.

“Efficient and nice to work with – very professional!”

D. Drago

"After understanding the process, it was fast easy and guaranteed!"

Charles K.

"Great service! I'll never go anywhere else for my crypto tax prep!"

Mary Beth D.

"Extremely helpful and knowledgeable staff. Saved me thousands on crypto taxes!"

Sandi W.

"Very professional and made it very easy for me!"

Brian B.

"Great experience! My report was way off and CryptoTaxPrep.com was able to find the errors, and complete my return with accuracy."

Tung N.

"An absolute time saver! Best service and team around."

Mark K.

"Great follow up, support and they save me over $5,000 in crypto tax liability."

Jason G.

"I couldn't have done it without CryptoTaxPrep.com. The amount of tax savings the helped me get was a huge game-changer for my trading portfolio."

The Happy Tax Guarantee

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Contact us at (844) 906-1040 | Copyright 2019 Happy Tax All Rights Reserved