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Your Cryptocurrency Accountant

It’s crucial to choose a cryptocurrency accountant who can proactively minimize your tax burden by up to $1M/year, while helping you to grow your profits.

	Increase profitability
	Upfront fixed fee
	Proactive and innovative

Top Cryptocurrency Accountant Platforms

The Importance of a Specialized Cryptocurrency Accountant

60%

of small business owners have limited financial
knowledge

According to Accountancy Age, the biggest fear for small business owners handling their own accounting is making a mistake. This is probably because 60% of small business owners have limited knowledge when it comes to the financial and accounting aspects of their business.

98%

of small business owners who have an accountant feel more confident about their business

Nine out of ten small business owners believe that their accountant plays a key role in the success of their business. In fact 10 out of 10 of the small businesses who have a CPA say other businesses should get one too and 98% said their accountant gives them more confidence in their small business.

44%

of business owners believe their accountants are more reactive than proactive

A large portion of small business owners don’t feel their accountants are coming through for them. For example, 44% claim their accountants are more reactive than proactive, with 36% experiencing timeline issues, 32% lacking sufficient guidance, 29% feeling their accountants don’t offer advice, and 23.6% not being adequately educated by their accountants.

We’ll Integrate with Your Cloud Accounting Software

Cryptocurrency Data Management Regulations You Need to Know

Data management regulations are crucial for cryptocurrency to ensure the secure handling of sensitive user information and prevent data breaches. These regulations also promote transparency and accountability in transactions, fostering trust among users and regulatory bodies.

Digital Commodities Consumer Protection Act (DCCPA)

The Digital Commodities Consumer Protection Act (DCCPA) is proposed legislation aimed at providing a regulatory framework for digital commodities, such as cryptocurrencies. Introduced in the U.S. Senate, the DCCPA seeks to establish clearer oversight of digital assets, particularly by expanding the Commodity Futures Trading Commission’s (CFTC) authority to regulate trading activities involving these digital commodities.

Financial Innovation and Technology for the 21st Century Act

This bill creates a regulatory framework for digital assets, granting the Commodity Futures Trading Commission (CFTC) the authority to regulate a digital asset as a commodity if the blockchain or digital ledger it operates on is both functional and decentralized. A blockchain is considered decentralized if no single person holds unilateral control over it, and no issuer or affiliated entity controls 20% or more of the digital asset or its voting power. Furthermore, the bill gives the CFTC exclusive regulatory authority over cash or spot markets for digital commodities.

IRS Notice 2014-21, Guidance on Virtual Currency

The IRS treats virtual currency as property, meaning cryptocurrency transactions are subject to capital gains taxes. Taxable events include selling, exchanging, or using cryptocurrency for goods and services, and must be reported on tax returns. Additionally, virtual currency received from activities like mining or staking is considered taxable income, and accurate record-keeping is required for all transactions.

How Do We Save You $10K+ to $1M+ in Taxes?
Using Our “Tax Planning” Strategies

The Tax Plan For Current Year & Beyond	✓
Deduction Review & Strategy Planning	✓
Legal Entity Optimization Across LLC, S Corp, Partnership	✓
Retirement Options To Save While Minimizing Taxes	✓
Insurance Review To Protect Assets & Reduce Taxes	✓
TCJA, FFCRA, CARES Review For Liability Minimization	✓
IRS & Court Case References Support Positions	✓
Core Strategy Implementation	✓
Business Tax Preparation	✓
Quarterly Estimated Payments	✓
Quarterly Core Tax Planning & Implementation	✓
Quarterly 1-On-1 Review Tax Position	✓

Looking for More Advanced Strategies?

Asset Protection

Tax-Advantaged Wealth

Exit & Capital Gains

Niches Specific

International

Your Financial Partners

With 27 years of experience, we specialize in best-in-class tax minimization strategies, personalized advisory, and technology-driven efficiency.

We formed Accountant Partners so business owners like yourself would receive partner-level value in accounting, reporting, and strategic advisory, providing real-time insights that help minimize your tax burden and maximize profitability.

Our holistic approach ensures quality-consistency, efficiency, and peace of mind communication, allowing you to focus on what you do best.

As your trusted partner, we aim to build a strong, long-lasting relationship to grow your business profitably and create a long lasting advantage towards continuous success.

Allan Bayer | Accountant Partners
Partner

Trusted by Business Owners

Lauren Thompson | CEO

"Accountant Partners have been helping me file my taxes for the last several years, including my complex business taxes for a multi-state business. I'm extremely happy with their services and they have worked hard to find ways to save my money. I highly recommend them!"

Will Elroy | Business Owner

"One of my business partners referred me to Accountant Partners a couple of years ago. They've been filing my business taxes as well as providing me with some financial growth and CFO services. They are a small team yet extremely knowledgeable on small business taxes. They were immediately able to identify ways for me to save money, via some deductions I hadn't been taking advantage of and some other general recommendations. I highly recommend them to any small business owner looking to take their business to the next level."

Georgine Correa | President

"Doing my own business taxes was getting complicated, messy, and stressful. Mine became even more complicated during the pandemic and I was going crazy dealing with the IRS. Then I found Accountant Partners and they have been a tremendous help! Their CPAs are very personable and give high-quality service I haven't seen anywhere else. I highly recommend them for other struggling business owners!"

We Strive for World Class Service

Call/Email Response Within 24 Hrs

Schedule of Service Delivery

Upfront Fixed Fee

Cryptocurrency Accounting Experts

Multiple Points of Firm Contact

Proactive CPAs

Constantly Innovating!

Switching Accountants Is Easier Than You Think

Switching accountants only seems like a major pain in the butt…
But in reality, it’s a brief communication with your current accountant:

“It’s time for a new direction. Please send my books over to Accountant Partners. Thank you for your service.”

Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.

Fixed Price

The Only CPA Firm with a Pricing Guarantee

Our pricing guarantee is simple: If we don’t quote you upfront for the work, we don’t expect you to pay. Whether that’s in our first engagement with you, or it’s in 20 years from now.

You’ll never receive an unpleasant surprise in our invoicing.

Our guarantee makes it a no-brainer to work with Small Business Accountant Sarasota.

Book Your Free Consultation

If you’re looking to grow your business and willing to listen to new and better ideas, then we’re the trusted Small Business Accountant for you.

During our initial consultation, we’ll review your immediate needs and provide a course of action with a fixed-fee quote (no surprise bills here).

FAQs

What are the tax implications of owning cryptocurrency?

Owning cryptocurrency has tax implications, as it is treated as property by the IRS. Selling, exchanging, or using cryptocurrency triggers capital gains or losses, which must be reported. Additionally, cryptocurrency earned through activities like mining or staking is subject to income tax based on its fair market value.

Why should I hire a cryptocurrency accountant?

Hiring a cryptocurrency accountant ensures you accurately report transactions, comply with tax regulations, and maximize deductions related to your crypto investments. They help navigate the complex tax rules surrounding crypto, minimizing the risk of penalties or audits, and providing expert guidance for effective financial management.

How do I know if I need to pay cryptocurrency taxes?

You need to pay cryptocurrency taxes if you’ve engaged in taxable events, such as selling crypto for cash, exchanging one cryptocurrency for another, or using crypto to purchase goods or services. Additionally, earning cryptocurrency through activities like mining, staking, or receiving it as payment is taxable income.

What is cryptocurrency accounting?

Cryptocurrency accounting involves the financial reporting requirements related to cryptocurrencies for both investors and businesses. This guide focuses on investors, offering accountants, CPAs, and tax managers key insights on navigating the complex world of cryptocurrency accounting, including tax reporting, regulatory compliance, and accurate record-keeping of crypto transactions.

What are cryptocurrency accounts?

Cryptocurrency, like Bitcoin, is a form of digital currency used as an alternative payment method or speculative investment. It derives its name from cryptographic techniques, which ensure secure transactions and enable users to transfer funds without relying on a central authority, such as a government or bank.