We Help With Cryptocurrency Accounting
Cryptocurrency Accounting Help
Are you investing in cryptocurrencies like Bitcoin, Ethereum, Litecoin, Zcash, etc?
If yes, it sounds like you're going to need cryptocurrency tax help and preparation.
The Internal Revenue Service and GAAP accounting rules consider cryptocurrency to be an intangible asset that is recorded at cost, and impairment of that cost must be counted. So any complex issues like wash sales, long term capital gains and short term capital gains need to be carefully calculated to minimize IRS inquiries in the future.
The future of cryptocurrency is complex and constantly evolving. You need a legal firm able to help you understand the evolving nature of cryptocurrency and how to report your earnings to the IRS and mitigate any risks.
We help individuals, small businesses, and large corporations with their cryptocurrency accounting find the best ways to track, manage, and report their cryptocurrency income, as well as long term and short term gains and losses.
The Alford Law Firm, PLLC will be your dedicated crypto partner.
Cryptocurrency Accounting Expert
Interested in our cryptocurrency accounting services? Contact us for experienced cryptocurrency accounting help.