Gain accounting clarity for your digital assets
Is your situation unique?
So is our solution!
Token Expert
Our customized accounting solutions are designed to meet your specific needs.
We’ll build you an accounting system that reconciles your transactions across every protocol and chains.
Our Services
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Annual Income Calculation
Complete your tax returns with confidence thanks to our annual income reconciliation service.
Trust our crypto expertise, it’s our specialty. -
Bookkeeping
Our bookkeeping service focuses on digital transactions and aims to provide accounting entries that accurately reflect your activities.
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Tax compliance
Our tax compliance service provides the preparation of federal and provincial tax forms specific to cryptocurrencies in Canada, for both individuals and businesses.
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Consulting
Our consulting service is your go-to resource for all your tax and accounting questions involving digital assets.
Frequently Asked Questions
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First of all, no case is impossible, as all data is recorded on the various blockchains. With the Token Expert approach, we can reconcile and calculate the accounting impacts of your transactions across all blockchains and wallets. Once the reconciliation is complete, we’ll help you file the necessary tax forms required by the relevant tax authorities.
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The Token Expert method was created to address this very issue. Unfortunately, no automated solution can fully account for the complexity of data sources, transaction types, and their tax implications.
Our personalized approach isolates transactions by protocol and identifies their underlying accounting impact. This allows us to accurately calculate the tax consequences of each individual transaction. Once the reconciliation is complete, we perform a rigorous quality check by validating the quantity of each digital asset per wallet as of a specific date.
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We understand your concerns about a potential audit by tax authorities. To support you, the Token Expert method includes a detailed file outlining our process to arrive at your final results, along with a reconciliation of your asset costs from the beginning to the end of each year. These documents help tax authorities understand the basis of our calculations, making audits more straightforward.
Thanks to our expertise in decentralized finance (DeFi), we can also explain complex interactions (such as yield-generating transactions) upon request. This way, you’ll be fully prepared to meet tax authority requirements with thorough documentation and clear explanations.
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Not at all. The Token Expert method takes into account Non-Fungible Tokens (NFTs) and their associated fees. We are able to isolate each NFT from a collection and assign the appropriate tax implications to each one.
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We are well-versed with various bridges and apply best practices to identify the blockchains involved, even those that are less known. We calculate the tax implications by factoring in bridge fees and ensure we track the entry and exit of digital assets on each blockchain.
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Yes, for our clients who make thousands of transactions per year, we offer a monthly, quarterly, or bi-annual tracking service based on their needs. Towards the end of the year, we can also help you identify assets with unrealized losses to help reduce your tax bill for the current year.
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Yes, and we regularly publish blog articles that gather their guides and technical interpretations for digital assets. We simplify everything to help readers better understand the distinctions between different types of transactions.
Check out our blog (Coming soon)
