What makes crypto traders different from an ordinary filing?
Crypto held with a foreign exchange is foreign property in most reporting regimes even though the asset itself has no location, and the reporting is due whether or not anything was sold. An ordinary preparer applies the general rule and stops there, which is how the relief in the specific provision goes unclaimed.
Can you work with my existing accountant?
That is how most of these engagements run. They keep the domestic file, we take the cross-border piece, and the boundary is agreed in writing so nothing is done twice or missed.
How does the tax authority decide if crypto trading is business income?
Frequency of trades, how the activity is organized, whether it resembles a systematic operation, and your intention when acquiring the asset all factor into whether trading is treated as business income or as a capital transaction. We review your trading pattern and account history to apply the correct classification, since it changes both the tax rate and what can be deducted.
Do foreign crypto exchange accounts need to be disclosed separately?
Holding crypto on an exchange based outside your home country can trigger a separate foreign-asset disclosure obligation once the value of your foreign holdings crosses the applicable threshold, distinct from reporting the trading gains themselves. We review where your exchanges and wallets are based and confirm whether that disclosure applies to your situation.
Does moving crypto between wallets create a taxable event?
Transferring assets between wallets you control is generally not a disposition on its own, but swapping one crypto asset for another, or converting to a stablecoin or fiat currency, typically is. We reconstruct your transaction history across wallets and exchanges to separate genuine transfers from taxable dispositions before the return is prepared.
Do American citizens living abroad have to pay taxes?
American expats and green card holders need to file US returns for life, and many of them pay little or no US tax once the relief is applied — but the filing is what unlocks the relief, so the two questions have different answers. The exclusion for foreign earned income, the credit for foreign tax already paid and the treaty between the two countries between them usually leave the total at roughly the higher of the two countries' tax rather than the sum. Skip the return and none of it applies. See Americans abroad.
Branch or subsidiary — which should we use to expand?
A branch keeps one taxpayer: results consolidate at home, losses are usable sooner, and the exposure is that the branch is a permanent establishment whose profit the host country taxes, sometimes with a branch tax on repatriation. A subsidiary is a separate taxpayer with limited liability and local rates, at the cost of withholding on dividends home and transfer pricing on everything between them. The deciding facts are usually expected losses, liability and exit plans. See branch against subsidiary.