What is CoinLedger Done For You?

Once our team has finished reviewing your account, we’ll send you an initial estimate of how long it will take to complete the entire Done For You process. Most Done For You accounts will be completed within 4-8 hours. Done For You is priced at $300/per hour.

If you accept the estimate our team sends you, the next step will be completing a prepayment of $600 which covers the first 2 hours of work on your account. This is necessary to begin the Done For You process.

Once this prepayment has been completed, we’ll begin reconciling your data - and we’ll follow up with you before our 2 hours of work is up to confirm if our initial estimate was correct, and if you would like to continue.

We like to kick off the reconciliation process with a virtual consultation call where we can discuss your goals, go over your imported transaction history data, and answer any questions you may have. While virtual consults are optional, we find that they are the most efficient way to reconcile your account.

Our first objective when reconciling your data is to make sure all of your imports are complete. If you are missing any transaction history data, we’ll guide you through the process of finding it. This may look like us requesting your blockchain wallet addresses and transaction history files, which we will then import into your account on your behalf. If you prefer to import your data via API, you’ll need to complete this step - but we can walk you through the process during our virtual consultation.

Finally, if you use a wallet or exchange we don’t have a native integration with yet, we’ll import all of your transactions into your account manually - saving you hours of time spent working with spreadsheets.

After we’ve verified that all of your imports are up to date, we’ll begin combing through your entire account to ensure that your data is correctly categorized and classified.

This includes:

We will also meticulously review each of your transactions and compare them to the blockchain to ensure that they are represented correctly in our software.

Throughout this entire process, we ask that you remain available via email to answer our team’s questions, as we’ll likely have a few for you - and this ensures that your account is completed as smoothly as possible.

Once we have finished reconciling your account, the last stage of the Done For You process is generating your tax reports.

To make sure that your Done For You is ready to be wrapped up, we’ll first double check that you have no uncategorized transactions or warnings remaining on your account, and that your portfolio tracker balances match those in each of your wallets.

If there are no remaining warnings on your account, and if your portfolio balances are correct, this means we are ready to conclude our work.

After wrapping up our work, we’ll reach out and share your capital gains figures with you. This can be done over email or chat, though we can also jump on a virtual consultation call to review your capital gains as well all the work we did on your case.

Here, we'll go over your capital gains or losses as well as any crypto income you earned for the year, and make sure that your tax settings (such as your cost basis method) are configured to your liking.

After that, we’ll send you your final invoice. This invoice encompasses all of the work our team of professionals has performed on your account, including the detailed reconciliation of your crypto transaction history, the generation of your tax reports, and all of the communications and consultations we had with you along the way.

Remember that you already paid for 2 hours of work with the $600 prepayment - which means that this final invoice represents the remaining number of hours our team worked on your case.

Once you have paid your final invoice, we’ll unlock your tax reports and send each of them to you or your tax professional - and if you file with a service like TurboTax, we’ll send over detailed instructions on how to complete that process.

CoinLedger may refer you to our Full Tax Prep team if you indicate that your account contains certain transaction types that our software is not perfectly equipped to handle yet, such as loans, futures, derivatives, or perpetuals transactions. We may also refer you to our Tax Prep team for other unique tax situations that are a gray area in the world of tax compliance.

While our Done For You team will not be working on your case directly, our Full Tax Prep team is just as qualified to do so. They have extensive experience in working with complex transaction types like these. Rest assured that our team of tax professionals can reconcile your crypto tax return and generate a fully accurate crypto tax report for you.

If, after we review your account, we determine that you are a better fit for our Full Tax Prep team, we'll let you know - and send over a referral with next steps on how to proceed.