Crypto Tax Accountants for DeFi, NFTs & high-volume trading

Challenges:

Incomplete data from DeFi protocols led to inaccurate cost basis and gains calculations. duplicates and missing transactions further muddled the financial picture. Koinly struggled to handle the sheer volume and complexity of DeFi activity.

Solution:

Aurum's DeFi specialists meticulously reviewed and corrected Sarah's transaction data. we implemented custom reconciliation strategies to account for unique DeFi mechanics. The data was then imported into koinly with precision, ensuring accurate reporting.

Results:

Sarah's true cost basis was established, leading to significant tax savings. accurate capital gains calculations prevented overpayment and penalties. Sarah gained complete transparency and confidence in her DeFi portfolio's performance.

$500,000+

Sarah

Savvy - DeFi Investor

Challenges:

Records from multiple exchanges and wallets were scattered and inconsistent. errors from previous years compounded, creating a tangled web of inaccurate data. different team members used different tracking software, leading to discrepancies.

Solution:

Aurum's data migration experts consolidated all transaction data into a single, centralized platform. We identified and corrected errors, including missing transactions, wrong dates, and duplicate entries.  Standardized reporting formats across all software used by the team.

Results:

The Web 3.0 company gained a clear and unified view of their overall crypto activity.  Improved data accuracy facilitated confident decision-making and investment strategies. Streamlined reporting saved time and resources, allowing the team to focus on growth.

$900,000+

Web 3.0 company

Team of developers and investors

Challenges:

NFTs often lacked proper cost basis information, leading to potential tax liabilities. David struggled to track his collection's performance across different marketplaces. Manual data entry was time-consuming and prone to errors.

Solution:

Aurum's NFT specialists researched and assigned accurate cost basis values to David's collection. We integrated his NFT data into his preferred tracking software for comprehensive portfolio tracking. Implemented automated data import solutions to minimize manual effort.

Results:

Automated data management freed up David's time to focus on enjoying and growing his collection. David gained valuable insights into his NFT portfolio's performance and potential tax implications. He can now make informed decisions about buying, selling, and holding his NFTs.

$295,000+

David

NFT collector

Challenges:

Data from old exchanges and wallets was missing or incomplete. Inconsistencies in data format and labeling led to errors in cost basis and gains calculations. Mark felt overwhelmed and unsure about the accuracy of his past crypto activity.

Solution:

Aurum's data recovery specialists painstakingly reconstructed Mark's historical transactions. We standardized data formats and applied rigorous logic to identify and correct errors. Implemented new reporting tools to provide Mark with clear insights into his overall crypto performance.

Results:

Mark discovered previously unrecorded profits and identified opportunities for tax optimization. He now has a complete and accurate picture of his historical crypto activity. Mark gained peace of mind and confidence in his future crypto investments. These are just a few examples of how Aurum Financial Strategic Group can help you navigate the complexities of crypto activity reconciliation. Contact us today to learn how our expertise can save you time, money, and stress.

$650,000+

Mark

Crypto Trader