Discover EASY crypto accounting from trusted professionals!
We’ve helped more than 1,000 investors with:
- Crypto Tax Preparation
- Bookkeeping & Accounting
- Crypto Tax Advice
Crypto Tax Accountants in Chicago, IL
Easier and more accurate than crypto tax software.
Are you sick of trying to figure out crypto tax preparation by yourself?
With professional crypto tax services from Gordon Law, you get a bulletproof crypto tax report (and no headaches)!
Crypto moves much faster than the IRS, leaving investors guessing about many important tax questions.
Our skilled crypto tax accountants can help you:
- Find clear answers to your most difficult tax questions
- Save money on taxes while minimizing risk of audits and penalties
- Make smart crypto tax decisions with legal analysis
All-in-one cryptocurrency accounting service.
- Crypto Tax Preparation (Individual & Business)
- Bookkeeping (Crypto & USD)
- Financial Reports
- P&L Statements
Why not reporting crypto taxes can cost you
Reporting crypto taxes protects your wallet (contrary to popular belief among traders). Why? After years of legal battles, many major exchanges now report to the IRS. But they don’t track your cost basis—which means your taxable gains can be severely inflated.
With new reporting requirements on Form 1099-DA, the IRS will soon receive more information about your trades than ever before. Yet, we anticipate important gaps in the information reported on 1099-DA.
Calculating your real taxable gains involves complex calculations and intricate knowledge of the constantly evolving, often confusing laws regulating cryptocurrency taxes. But that’s why we’re here!
Meet your Crypto Accounting team.
Highly experienced accountants dedicated to your peace of mind.
We make it easy to file your crypto tax return
- Our team has prepared more than 1,500 crypto tax reports since 2014.
- We can work with your preferred crypto tax software, or help you choose one.
- Don't worry about IRS audits. We've defended several crypto tax audits with favorable results, and we know what the IRS is looking for.
- Simply provide your transaction history from each wallet, along with any tax forms you've received—we'll do the work of turning it into a bulletproof tax return!
Cryptocurrency Accounting
Supported activities include:
- Staking
- Mining
- NFTs
- DeFi
- Airdrops
- Using crypto for business
- DAO membership
- Margin trading
- Bot trading
Gordon Law is the firm other tax and financial professionals turn to for cryptocurrency tax advice. Since 2014, we’ve helped everyone from casual traders to major coin developers report crypto taxes, lower their tax burden, and keep money in their (digital) wallets.
The IRS is cracking down on cryptocurrency like never before—sending warning letters to traders, asking point-blank if taxpayers had any involvement with crypto, and recruiting professionals for increased cryptocurrency tax audits. The sun is setting on cryptocurrency as a tax shelter; if you want to protect yourself and your assets from the hungry gaze of the IRS, our crypto tax professionals can help.
Where other tax attorneys and accounting professionals are scrambling to catch up on crypto regulations, Gordon Law has a rock-solid foundation of knowledge and experience. Learn the basics of cryptocurrency & Bitcoin taxes here.
Call today for a confidential consultation with a leading cryptocurrency tax professional.
If you have cryptocurrency that you haven’t reported in the past, or that you’ve under-reported, you could be a prime target for a cryptocurrency audit. And, as of 2019, the IRS has begun directly asking taxpayers whether they had an involvement with cryptocurrency. If you said “no” when you should have said “yes,” the IRS could have grounds to pursue tax fraud charges.
If you’re in this boat, don’t wait; call us today. We’ll guide you through your options and help you stay 3 steps ahead of the IRS.
Have you received a nasty IRS letter claiming you owe crypto taxes for prior years? You’re not alone; the IRS has been sending thousands of these letters to cryptocurrency investors each year.
The good news is that you probably don’t owe as much as they claim; we can help you rebuild crypto reports for prior years, determine the correct amount, and even negotiate your tax debt down to pennies on the dollar.
Many clients ask us if they need a special report for cryptocurrency traded through international exchanges. The answer depends on your trade volume and the value of your international crypto accounts.
Gordon Law is one of few firms in the nation to focus on both crypto taxes and foreign asset disclosure. There’s no one better to help you understand your international cryptocurrency reporting requirements!
Schedule a confidential consultation today to discuss your situation.
CRYPTO CPA & BITCOIN ACCOUNTANTS IN CHICAGO, IL
Featured Resources
Red Alert: Why You Need to Fix Your Crypto Taxes Right Now
“This is a major turning point—your crypto taxes cannot be ignored anymore,” says tax attorney and CPA Andrew Gordon.
Crypto Staking Taxes 101: How to Report Interest and Rewards
Confused about crypto staking taxes? Our crypto accountants are here to help! Learn how to report staking rewards on your tax return.
How Is Crypto Taxed? (2024) IRS Rules and How to File
Wondering how crypto taxes work and how to report cryptocurrency on your taxes? Our experienced crypto accountants have your answers!
How to Avoid Crypto Taxes: 12 White Hat Strategies to Lower Your Bill
Are you wondering how to avoid crypto taxes without breaking any rules? Discover 12 tried-and-true strategies from experienced crypto accountants!
How can a crypto attorney help you?
We've helped people save millions on crypto taxes and penalties!
Respond to an IRS crypto notice.
If you’ve received an IRS notice, such as the CP2000 or CP2501, don’t panic. You may feel confused about why the IRS claims you owe so much, especially if you lost money on your cryptocurrency transactions. Not to worry—Gordon Law has helped many clients solve this problem.
We’ve reduced many of these crypto tax bills by thousands or even hundreds of thousands of dollars. With in-depth knowledge of both crypto tax law and IRS resolution procedures, we’ll help you protect your rights and your wallet.
Scared to file because you can’t pay your tax bill?
It’s common to owe a lot of tax on money you no longer have, thanks to drastic price swings in the crypto market. Before you resort to selling your crypto or offering the IRS your firstborn child, contact our cryptocurrency tax lawyers.
Need more time to pay? We can help you set up a tax payment plan that works for you. In some cases, we can even negotiate with the IRS to reduce your bill.
Avoid crypto tax (without risking jail).
Our crypto tax attorneys can help you plan a customized, powerful strategy to pay less tax—100% legally. Whether your portfolio is thousands of dollars or millions, we’ll help you identify meaningful ways to save.
We make it easy with straightforward advice tailored to your situation. For example, we don’t just recommend donating crypto to charity for a double dose of tax savings. We identify exactly which tokens sitting in which wallets can save you the most money.
Supported activities include:
- Staking
- Mining
- NFTs
- DeFi
- Airdrops
- Using crypto for business
- DAO membership
- Margin trading
- Bot trading
