Tax professionals and DIY filers — I have a question.
How do you currently handle clients with 1000+ crypto transactions across multiple chains? I hired two CPAs (one crypto-specialized) and neither could produce a correct Form 8949.
The main issues I ran into:
– Cost basis tracking across wallets was inconsistent
– Neither CPA understood Rev. Proc. 2024-28 per-wallet basis rules
– DeFi positions (LP tokens, staking) were completely ignored
– 1099-DA from exchanges didn't match their calculations
I ended up building my own tool to solve this, but I'm genuinely curious — what are tax pros using for crypto clients right now? Is there a standard workflow, or is everyone still winging it?
Built a crypto tax tool after two CPAs couldn't file my return correctly — now it's open-source
byu/dTaxLab intax
Posted by dTaxLab