SERVICES
Crypto Tax & Accounting
At our tax and accounting firm, we are committed to helping our clients navigate the complex world of cryptocurrency taxes. As a relatively new and rapidly-evolving asset class, cryptocurrencies can present unique challenges when it comes to tax reporting and compliance. Our team of experienced tax professionals is dedicated to staying up-to-date with the latest regulations and industry developments to provide our clients with the guidance and support they need to stay compliant and minimize their tax liability.
We can assist clients with a wide range of crypto tax issues, including calculating gains and losses, reporting income from mining or staking, and navigating the tax implications of crypto-to-crypto exchanges and conversions to fiat currency.
Crypto Tax & Accounting
At our tax and accounting firm, we are committed to helping our clients navigate the complex world of cryptocurrency taxes. As a relatively new and rapidly-evolving asset class, cryptocurrencies can present unique challenges when it comes to tax reporting and compliance. Our team of experienced tax professionals is dedicated to staying up-to-date with the latest regulations and industry developments to provide our clients with the guidance and support they need to stay compliant and minimize their tax liability.
We can assist clients with a wide range of crypto tax issues, including calculating gains and losses, reporting income from mining or staking, and navigating the tax implications of crypto-to-crypto exchanges and conversions to fiat currency.
Bookkeeping
We understand that managing your business’s finances can be time-consuming and complex. That’s why we offer comprehensive bookkeeping services to help our clients stay organized and informed about their financial situation. We utilize cloud based accounting software to accurately record and reconcile financial transactions, maintain an up-to-date general ledger, and produce timely and accurate financial reports.
When it comes to bookkeeping, we believe that clear communication and transparency are essential to building strong client relationships. We are committed to providing responsive and reliable service, answering questions promptly and accurately, and keeping our clients informed about their financial situation every step of the way. With our help, you can focus on growing your business with the confidence that comes from having accurate and up-to-date financial information at your fingertips.
Tax Reduction Planning
We work closely with our clients to understand their unique tax situation and identify opportunities to reduce their tax burden through proactive planning and strategic decision-making. Our tax planning services cover a wide range of areas, including income tax planning, estate and gift tax planning, retirement planning, and business tax planning.
We stay up-to-date with the latest tax regulations and industry developments to provide our clients with the most current and relevant advice. Our personalized approach to tax planning ensures that every client receives customized solutions that are tailored to their specific needs and objectives.
Payroll Services
We’ll setup & run the perfect payroll for your business. Don’t worry about you or your staff running the payroll system, we will help you implement what is best for your business. CTC Accounting & Tax will help small businesses select, implement and manage their payroll systems and compliance.
We accurately calculate and process payroll, including tracking employee hours, calculating paychecks, and managing taxes and deductions. We can also handle other payroll-related tasks, such as filing payroll taxes, issuing W-2s and 1099s, and managing employee benefits.
We work closely with our clients to understand their unique payroll needs and develop customized solutions that align with their business goals and priorities. Whether you have a small team or a large workforce, we have the expertise and resources to provide efficient and effective payroll services that save you time and money.
Tax Returns & Preparation
We understand that taxes can be confusing and that nearly every financial decision has a tax consequence. Knowing the tax risks involved allow people to make clearer decisions with their finances. At CTC ACCOUNTING & TAX we guide individuals and simplify complicated tax issues for them. We ensure that our clients are utilizing every credit and deduction available and keep them compliant with the IRS. Whether you are looking for a one-off engagement or guidance throughout the year CTC ACCOUNTING & TAX is here to help.
We provide customized tax solutions tailored to your unique needs, whether you are an individual taxpayer, a small business owner, or a corporation. We can help you navigate complex tax laws, identify tax-saving opportunities, and maximize your deductions and credits to reduce your tax liability.
Entity Formation
At our firm, we understand that entity formation is a critical step for any business. Choosing the right entity type can have a significant impact on your tax liability, personal liability, and overall business structure. That’s why we offer comprehensive entity formation services to help our clients make informed decisions about the best entity type for their business.
We will also assist you with all aspects of entity formation, including drafting and filing the necessary paperwork, obtaining the appropriate licenses and permits, and ensuring compliance with all relevant jurisdictions and regulations.
Entity Formation
At our firm, we understand that entity formation is a critical step for any business. Choosing the right entity type can have a significant impact on your tax liability, personal liability, and overall business structure. That’s why we offer comprehensive entity formation services to help our clients make informed decisions about the best entity type for their business.
We will also assist you with all aspects of entity formation, including drafting and filing the necessary paperwork, obtaining the appropriate licenses and permits, and ensuring compliance with all relevant jurisdictions and regulations.
All successful businesses have one thing in common – good accounting. We provide CPA level perspective and guidance to help you scale your operations. Our Outsourced Accountant services are all about filling the knowledge and perspective gap that most business owners have and providing a financial road map to achieve their goals.
Most business owners want to create a company that operates without them so that they can enjoy life, rather than working in their business all the time. We facilitate this by taking care of ALL of your accounting and tax needs.
From bookkeeping, tax returns, to CFO level guidance, we provide everything that your accounting department should and MORE – at a lower cost.
Getting ready for tax filings?
Need an expert to help you figure out how much you actually made last year?
Let us save you time and headaches preparing your crypto books.
Tax Cooker will review and fix all of your crypto transactions for the year while ensuring compliance and maximum tax savings.
Just provide us with a short overview of your activity along with accountant level access to your Koinly and we will handle the rest.
Don’t take away any more time or headspace from degening.
The pricing structure is as follows:
$500 for 1,000 Total Cumulative Transactions*
$1,000 for 3,000 Total Cumulative Transactions*
$1,500 for 5,000 Total Cumulative Transactions*
*The Total Cumulative Transaction amounts represent the total amount of transactions across all of your wallets and blockchains.
Higher frequency traders can reach out to us via our contact form for custom quotes.
Case Studies:
Note: Tax Cooker cannot guarantee you tax savings in the 2022 tax year, however most clients with no history of crypto bookkeeping find that we help them achieve lower taxable gains than the tax software default. Tax Cooker also assists clients in planning and preparation to legally minimize tax liability in the current year.
| Number of Transactions | 1,000, 3,000, 5,000 |
|---|
Larry
cryptotaxcook made doing my crypto taxes this year a total non event. It was so relaxing I was concerned I wasn’t stressed enough haha. The Done-For-You service was a lifesaver this year and I can’t imagine having to do my own crypto books ever again! 1000% worth the cost.
Gary
I hated thinking about taxes and my books and so I just handed everything over to Tax Cooker and said take it! I was expecting them to want to talk about a lot of activity and ask questions but they seem like they’ve seen it all before. Very professional and experienced hand – made this whole process a lot easier this tax year. Thank you!
Robert
The process was incredibly smooth and CryptoTaxCook was very responsive and answered all of my questions. My transactions were a complete mess and were showing double the amount I had actually made before we started and we were able to correct that within a week. Very helpful and highly recommend.
Meta
I came to cryptotaxcook with less than 2 weeks till the end of the year asking for the impossible. I needed my crypto tax returns completed before the end of the year with 11 wallets that have over 1k transactions on multiple different networks. I originally mentioned how tough of a time I was having deciphering my own transactions in a group that we are both a part of and he automatically messaged me to give advice. He saw how much of a hard time I was having with it so he mentioned he would be able to file it for me. Within that holiday week he was able to clean up everything and bring me back the final tax forms completed for all transactions. What was most impressive was that he was able to bring my tax liability from a 40,000 GAIN TO A THOUSAND DOLLAR LOSS, finding transactions I would have never been able to find on my own. Crypto software is absolutely tedious and remarkably untrustworthy ( especially if you are buying nfts or altcoins). Why would you do it yourself when you can have an expert do it. I Don’t trust anyone with my crypto taxes other than cryptotaxcook.
Laura
Cryptotaxcook did an amazing job with my crypto transactions and took care of all of the issues that kept popping up on my Koinly. I was struggling for days before finally deciding to get professional help and it was worth every penny. Thank you!
Doug
CryptoTaxCook was very communicative and made the process of getting my books together a breeze. Koinly can be a pain to sort through so I’m glad I let a professional take care of it this year. Never looking back!
Hugo
CTC nailed my taxes this year. My old CPA had no idea what to do with my crypto wallets but CTC was able to easily get my gains right and explain everything clearly. 100% will be back next year.