Prior-Year Crypto Tax Cleanup and Amended Returns
Most of our new clients aren’t starting fresh. They’re behind — one year, three years, sometimes longer — or they filed returns they now know were wrong. Maybe they didn’t realize every trade was taxable. Maybe an exchange collapsed and they lost records. Maybe they just couldn’t face the complexity and let it slide.
All of those situations are fixable. We’ve cleaned up multi-year crypto tax situations for hundreds of clients since 2017. We’ve reconciled millions of transactions across thousands of wallets to get people into compliance.
Our cleanup process:
- Records gathering — pulling everything from exchanges, wallets, and on-chain sources
- Gap analysis — identifying what’s missing and what can be reconstructed
- Reconciliation — building a complete transaction history across all open years
- Return preparation — filing original returns for unfiled years or amended returns for incorrect prior filings
- Penalty analysis — identifying grounds for abatement where applicable
- Going-forward plan — setting up proper tracking so this doesn’t happen again
Voluntary disclosure: If you have multiple unfiled years, coming forward proactively before the IRS contacts you limits penalties, avoids criminal referral risk, and typically results in better payment terms.
Everything is confidential. Book a consultation and we’ll tell you exactly what we’re looking at.