Gains & Reporting Preparation

What this delivers

A return that reflects your actual position — nothing more, nothing less

Gains reporting done properly means every disposal is identified, every cost basis applied correctly, and the resulting figures documented in a way that holds up. You'll also understand what was prepared and why — which makes the whole process considerably less stressful.

Accurate disposal records

Each sale, exchange, or other disposal identified and documented with the correct acquisition cost, disposal proceeds, and resulting position.

Plain-language explanation

Everything explained in terms that make sense — not just a spreadsheet but an actual understanding of what figures appeared and how they were arrived at.

Return-ready documentation

Records formatted and organized so your accountant — or you — can use them directly for filing, with supporting source data where needed.

A familiar difficulty

Reporting crypto gains is genuinely complicated

Cost basis is rarely straightforward

Assets bought across multiple dates at different prices, sometimes on multiple platforms — working out the correct acquisition cost for each disposal requires careful tracking, not estimation.

Swaps and conversions create disposal events

Trading one token for another, using crypto to pay for something, or moving between chains — many of these are reportable disposals that get missed when people focus only on direct sales.

Uncertainty about what to include

Staking rewards, hard forks, airdrops — each has its own treatment, and the rules aren't always obvious. Most people aren't sure what belongs in their return and what doesn't.

Worth noting

The difficulty isn't a reflection of the volume of activity — some people with just a handful of transactions still find the reporting genuinely confusing. The complexity comes from the nature of digital assets, not the quantity.

That's what this service is for. We work through the detail so that what ends up in your return is correct, documented, and something you can stand behind with confidence.

Our approach

Accurate documentation, explained as we go

We don't just produce numbers — we prepare records you can actually read and understand, with the supporting detail needed to back them up.

01

Disposal identification

We go through your transaction history and identify every event that constitutes a disposal — sales, swaps, conversions, payments — so nothing reportable is left out and nothing non-reportable is included.

02

Cost basis calculation

The acquisition cost for each disposed asset is worked out carefully using the appropriate method, applied consistently — no shortcuts that create problems later.

03

Gains summary preparation

A clear summary of disposals and their outcomes, formatted for use in your return — organized by asset and date, with totals that match what your accountant will need.

04

Plain-language walkthrough

Once the records are ready, we go through what was prepared — what's included, why certain figures are what they are, and what you or your accountant should do with the documentation.

Working together

You don't need to be a crypto accountant to follow along

Many people who come to us for gains reporting feel uncertain about the whole area — not just which figures to report, but how the process works and what to expect. That uncertainty is completely understandable, and it's part of what we try to address.

We keep the process simple on your side: you share your transaction history, we ask any clarifying questions we need, and we do the detailed work of identifying and documenting the disposals. When it's ready, we explain what we prepared before handing anything over.

The goal is that you finish the process with accurate records and a clear understanding of what's in them — not just a document you hope is right.

What you can expect

A simple, unhurried intake — we collect what we need without making it complicated
Clear communication if something in your activity needs clarification before we proceed
Finished records accompanied by a walkthrough of what was prepared and what it means
Availability for follow-up if your accountant has questions about the documentation
No jargon-heavy summaries — plain language throughout

Investment

A clear fee for a defined scope of work

No ambiguity about what's included or what it costs — agreed before we begin.

Full preparation of disposal records and gains summary for a single reporting period, with plain-language explanation included.

$360

per period

What's included:

Full disposal identification across all activity
Cost basis calculation for each disposal
Gains summary in return-ready format
Supporting documentation for each entry
Plain-language walkthrough on delivery
Treatment of staking, airdrops, and other income events
Accountant-liaison support after delivery
Consistent methodology, documented

If you also need the underlying transaction history reconciled before gains preparation is possible, we'll discuss whether to combine this with the Transaction Records service — which may be more efficient than handling them separately.

Why it matters

Documentation that supports scrutiny

Gains reporting for digital assets isn't just about arriving at a number — it's about being able to show how you arrived at it, with a trail that's traceable and consistent.

Traceable

Every figure in your gains summary is traceable back to a specific transaction. If a question arises — from your accountant, from a review, from your own curiosity — the source is there.

Consistent

The same methodology applied throughout — not different approaches for different assets or time periods. Consistency matters both for accuracy and for how the records read to others.

Explainable

Records you understand are records you can explain. The walkthrough we provide at delivery means you're not relying on a document you've never read to represent your position.

On timelines

Preparation of a gains summary for a single year of activity typically takes one to two weeks from the point we have everything we need. More complex situations — multiple jurisdictions, DeFi activity across several protocols, or high transaction volumes — may take a little longer. We'll give you a clear estimate at the start.

Our commitment

You'll know what you're signing off on

Nothing unexplained

We don't deliver records without walking through them. If something in the summary isn't clear to you, we go over it until it is — that's part of the service, not an extra.

Scope agreed before we start

We define the reporting period, what activity is covered, and what the fee is — all confirmed before any work begins. No surprises at the invoice stage.

Honest about what we can and can't do

If your situation involves a jurisdiction-specific question that requires local tax advice, we'll say so rather than overreach. We prepare documentation — we don't provide formal tax advice.

A conversation before you commit

Get in touch and describe your situation. We'll let you know whether this service fits what you need and what the process would look like — no obligation, just a clear conversation.

Getting started

From uncertainty to a return you understand

The process is simpler to start than it might feel from where you are now.

01

Reach out

Send us a short message describing your situation — which year you need prepared, roughly what activity was involved, and whether you already have reconciled records or need those done first.

02

We confirm the scope

We'll review your situation and come back with a clear scope of work and pricing — within one business day. You can ask questions before deciding whether to go ahead.

03

Records delivered with explanation

Once the work is complete, you receive the full documentation along with a plain-language walkthrough. From there it goes to your accountant — or directly into your return.

Ready when you are

Start with a conversation about your gains reporting

Whether you traded actively or just made a few disposals, get in touch and we'll explain exactly what's involved for your situation — before you commit to anything.

Get in touch with Balanova

We respond within one business day.

Other services

Explore what else Balanova offers

Each service addresses a distinct part of digital asset accounting.

From $420 / period

Transaction Records & Reconciliation

Careful reconciliation of activity across wallets and exchanges into accurate, well-organized records — a solid foundation for any reporting that follows.

Learn more →

From $520 / month

Business Digital-Asset Bookkeeping

Ongoing bookkeeping for businesses transacting in digital assets, kept consistent with the rest of your accounts — handled calmly and accurately month to month.