ATTENTION, CPAs!
Provide strategies for your cryptocurrency clients to avoid the tax trap!
Consider Alternate Tax Solutions your trusted back-office advisor.
Services Include:
- Helping clients organize, manage, and track their crypto assets across multiple Blockchains
- Determining the correct tax basis for each transaction for Form 8949
- Designing the best tax strategies that save your clients money
- Providing documentation that support transactions
- Defending your clients against an IRS audit
We Decrypt the Mysteries of Cryptocurrency Tax Accounting
In 2018, the cryptocurrency market experienced a 69% drop in Bitcoin. This caused a tax problem with cryptocurrency traders because of the IRS $3,000 deduction rule, thus, increasing their tax exposure. In July of 2018, Uncle Sam told us that they are designing five programs to collect taxes from cryptocurrency traders. Alternate Tax Solutions can educate and decrypt the mysteries of cryptocurrency tax accounting for you and your clients. We will provide a free analysis of the actual tax savings your clients can expect from your services.
Alternate Tax Solutions Cryptocurrency Tax Services for CPAs:
- Client Bitcoin Transfers t o Friends and Family
- Client Crypto Payments for Goods and Services
- Client Crypto Payments as Wages
- Crypto Gifting
- FinCEN Regulation Compliance
- Money Transmitters and Bank Secrecy Act BSA
- Money Services Business (MSB)
- Initial Coin Offering
- Tax Trader Service (TTS) Strategies
- IRC 475 Mark-to-Market (MTM) Election
- Section 199A (QBI) Strategies
- Commodity Futures Trading Commission (CFTC) and/or SEC Strategies for ICO (Initial Coin Offerings)
