Crypto Currency Taxation
Our team of qualified crypto accountants possesses in-depth knowledge of the crypto ecosystem, offering extensive expertise in financial reporting and taxation. We utilize innovative techniques to accurately account for and trace blockchain transactions for our clients.
Being one of the leading crypto tax accountants, Taxbyte take care of the tax compliance for investment/trading in all crypto platforms including Binance, Coinspot, Swyftx, Independent Reserve, Coinbase etc. Our experienced team assists clients involved in various types of crypto activities, such as businesses accepting customer payments and paying vendors in crypto, casual investors, day traders, minors, crypto entrepreneurs, and blockchain businesses. We leverage top crypto calculators like Crypto Tax Calculator, Koinly, and CoinTracking to provide precise and efficient tax solutions.
Our services will include:
- We integrate or help you to integrate the crypto platforms with the calculators.
- We will do the bookkeeping/reconciliation of crypto transactions
- We will review the calculation of capital gain / crypto trading result
- We will guide you about how we need to treat the crypto income to comply with ATO regulations
- We will update the crypto income/loss in your tax return and file the tax return
- We will prepare the financials for SMSF’s with crypto investments and file the tax return.
What factors contribute to our leading position in the industry
- Thorough understanding of blockchain technology– Our experienced team having thorough understanding of how crypto works helps us to deliver excellent service in this area.
- Expertise in handling high-volume transactions- We are highly experienced in managing high-volume crypto trading and use advanced tools to keep fees low, even for hundreds of thousands of transactions. Our expertise and efficient methods will save you money.
- Vast experience- With many years of experience in crypto, we currently manage over a thousand clients. This expertise allows us to handle complex issues easily and efficiently.
