Cryptocurrency Tax Accountant Sydney
We provide cryptocurrency bookkeeping, tax reporting and ongoing support to investors, traders and businesses in the crypto industry.
Crypto tax management can be more than simply a once-off year-end tax report. We offer ongoing tax support to traders and investors with complex crypto transactions. We love DeFi, NFTs, staking, mining and the evolving crypto landscape.
We understand the practicalities of crypto investment and want to help.
Protect your crypto investment
Have you ever come to tax return time and worked out you made a massive $AUD gain that is tied up in your crypto investments? Or have you synced your APIs and .csv files into crypto tax software only to end up with a ridiculously high taxable gain?
We have seen countless clients who have no idea of their potential tax liability on crypto-to-crypto trades, DeFi, NFTs, staking etc. and have not planned ahead for tax liabilities. What most investors get wrong is thinking that crypto is only taxed when converted back into fiat money ($AUD).
The tax office has long held the view that the legacy “capital gains tax” rules apply to all crypto trades, so it would be hard to argue with them if your taxes were ever reviewed.
Massive $AUD gains on crypto-to-crypto swaps
Software trackers showing wildly incorrect gains/losses
Potential capital gains tax bill with no cash to fund it
How we can help with your crypto portfolio
Accurate & up-to-date Reporting
Tax Planning & Strategies
Defensible Tax Position taken on your portfolio
On-going Maintenance
We ensure your crypto tax reporting is up to date and accurate, to ensure you have the data at hand to make smart decisions.
This includes undertaking a tax analysis of the transactions you are entering into and taking a position that would be defensible if ever reviewed by the Australian Taxation Office (“ATO”).
We then provide tax planning analysis and strategies to reduce and manage your crypto tax liabilities.
Once you are on track, we can enter a maintenance phase depending on your needs.
Cryptocurrency tax advice tailored for you
Increase your after-tax returns
We'll minimise the tax paid on your crypto portfolio for higher profitability
Monitor all tax liabilities
We'll notify you in the early stages to ensure you can fund the liability or employ strategies to reduce taxes before ending up with a massive ATO bill
Crypto Industry Knowledge
We'll navigate you through the crypto industry with practical advice and solutions
Chat to us today!
Solve’s Crypto Tax Specialist, Jonathon (‘Jono’) Wilkes, is a Chartered Accountant with 12+ years’ experience including Big 4 tax consulting, who helps clients navigate the complexities of crypto tax and both manage & reduce tax. Jono invests personally (time and money) into understanding the crypto industry.
To explore an ongoing crypto tax management solution, book a free 30-minute Discovery call with Jono or email for more information.
Excellent customer service. I would highly recommend Philip if you are looking for an accountant who is friendly, knowledgeable and can get the job done quickly!Anna Tang20. August, 2021.Our business engaged with Solve a couple of years ago and we couldn't be happier with the service and professionalism that our trusted accountant Jonathon consistently provides. We couldn't recommend Solve Accounting more highly!Jasper Avenue16. August, 2021.Jonathon was extremely helpful and gave great advice.Sean Mitchell11. August, 2021.Beyond helpful. Jono Wilkes goes above and beyond to make sure I understand the process and constantly keeps me in the loop! By far the best place to get my tax returns done! Quick and efficient.Ethan Nicotra11. August, 2021.Solve have been a tremendous help to clean up my accounts and file my tax over the last few years. Working with Jonathon has been a pleasure and he has made the process very easy for me, as well as informative. I will definitely continue working with Solve and Jonathon as they have made my life so much easier, year round!Lucette Romy9. August, 2021.Jonathon from Solve Accounting has been a huge support to both me, my wife, and my business. He has made this accounting process seamless. He has gone above and beyond expectations. Jonathon is down to earth, honest, smart, and an accountant that’s on your side! He has also been a massive help with personal assets such as, cryptocurrency. Whether you’re an individual, small business or large - I cannot recommend him enough.Josiah Nicotra4. August, 2021.I was a few years behind with my tax and had no idea where to even start sorting it all out so I gave Jonathon at Solve Accounting a call. Jonathon did an excellent job lodging all my returns and got me up to date very quickly. He also worked with the ATO to help reduce penalties and interest that I had accumulated against my debt. I was very overwhelmed about my tax situation and I am extremely grateful for all the hard work Jonathon has put in to helping me get it all back on track. Thank you! 10/10T J4. August, 2021.Fast, friendly, thorough & professional. We were given all the tools needed and were opened up to a great network of people to cover all our business and personal needs. Thanks Philip for all your help, so nice to finally find an accountant we will have for life!Natasha Doyle3. August, 2021.Jono is very thorough and patient! If accounting and tax is not your thing and you want to focus on what you do best (your business) then leave this hard part to Jono he’ll make everything seem easy!Heather Field15. July, 2021.Google rating score: 5.0 of 5, based on 39 reviews