Crypto Bookkeeping Services

The rise of cryptocurrency has introduced new challenges for financial tracking and compliance. At YM TAX CPA, we provide specialized crypto bookkeeping services designed to accurately record and manage your digital asset transactions. Whether you trade casually or operate a crypto-based business, our team ensures your books are precise, compliant, and ready for tax reporting.

Why Crypto Bookkeeping Matters

Cryptocurrency transactions can be complex — with multiple wallets, exchanges, and fluctuating valuations, tracking every detail can be overwhelming. Without proper bookkeeping, you risk misreporting income, overlooking deductions, or facing IRS scrutiny. Our services ensure that every trade, transfer, and holding is recorded according to current accounting and tax standards.

Our Process

When you work with YM TAX CPA, we start by reviewing your crypto activity to understand your trading volume, asset types, and platforms used. We then implement a bookkeeping system that integrates wallet data, exchange reports, and blockchain records to create a clear and accurate financial picture. From there, we maintain and reconcile your records on a monthly or quarterly basis so you’re always prepared for tax season.

Transaction Tracking & Recording

Detailed recording of buys, sells, swaps, transfers, and staking rewards in accordance with accounting standards.

Wallet & Exchange Reconciliation

Matching your exchange reports and wallet activity to ensure accuracy and completeness.

Cost Basis Calculation

Determining the correct cost basis for each asset to accurately calculate gains or losses.

Crypto-to-Crypto Transaction Accounting

Tracking taxable events that occur when trading one digital asset for another.

Staking, Mining & Airdrop Income Recording

Proper classification and recording of all crypto-related income for tax purposes

Year-End Financial Reports

Comprehensive reports to simplify your annual tax filing and financial analysis.

Get Started Today

Stay ahead of the game with accurate, compliant crypto bookkeeping. Let YM TAX CPA manage your digital asset records so you can focus on trading and growing your portfolio. Contact us today to schedule your consultation.

Contact Us

Get In Touch With YM TAX CPA