[Forbes] Leading The Charge On Crypto-Accounting

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A decade ago, a bitcoin miner was turned away by 6 CPAs.
Back then, crypto was “too new, too risky, too unregulated.”

Fast forward to today, high-net-worth crypto investors still:
– face IRS audits,
– delinquent filings,
– have old data missing across multiple wallets and exchanges.

But why do most CPA firms fail or turn away?

Major problems,
• Miscategorized token activity amounting to $ 5 million,
• Missed tax savings of approx. $ 1 million,
• Thousands of tax notices by IRS.

Solution:
Crypto tax strategy – 3 phases for success:
1. Reconstruct historical transactions to audit-ready accounting records.
2. Lead IRS negotiations to reduce liabilities and close open issues.
3. Strategic tax planning – Protect wealth & withstand scrutiny.

Founders and investors need strategic advisors who can safeguard wealth across blockchains, borders and evolving regulatory landscapes.

The next evolution of professional services will be defined by advisors who help build enduring, blockchain-powered legacies by designing systems that safeguard wealth, deliver clarity and adapt in real time.

Read more: Leading The Charge On Crypto-Accounting

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