Question 1

Who needs an accountant for Bitcoin taxes?

Accepted Answer

Anyone who files taxes whether it be for personal, business or both should be working with an accountant that knows how to navigate the IRS tax regulations and provide you with the best advice you need to remain compliant and save money on your taxes in the long run.

Question 2

How do you keep up with the latest tax laws?

Accepted Answer

We have to read a lot of current events related to our industry as well as attend a minimum amount of courses so we satisfy nearly 40 hours of continuing education each year. Our team is well versed in a variety of areas to better serve our clients.

Question 3

When can I expect to see my completed tax returns from you?

Accepted Answer

Our clients may schedule appointments on our website to have their tax returns prepared on the day of the appointment. The other option is to simply upload your tax files to our portal and in 2-4 weeks we will have that return completed and sent back for your review. The closer we get to April 15th, the longer the timeframe may be. You can email info@lcltax.com to request more information on how to begin working with our firm.

Question 4

What kind of information does an accountant need to be able to prepare my tax return?

Accepted Answer

In order to start preparing a tax return, we would like to obtain a copy of your prior year tax filings and then we would want all W-2's, 1099's, 1098-int along with expenses so we can start preparing the current year filings. Our firm can send over a digital organizer to help you get started.

Bitcoin Taxes - Learn Today

Bitcoin Taxes FAQ

Filing your own taxes? Check out LCL Tax Team's Bitcoin Tax Course.

LCL Tax Team Services

Schedule a call with Mike from LCL Team to find out more about their accounting solutions.