Crypto Asset Planning and Taxation

Do you need help deciding what to do with your crypto assets?

Blockchain technology’s increased popularity has led to more regulations and questions for participants.

Crypto Asset Planning
Crypto Asset Taxation
  • The cryptocurrency I invested in is skyrocketing, what do I do now?
  • What percentage of my investments should I have in cryptocurrency?
  • What happens to my cryptocurrency if I die?
  • My tax software is asking about cryptocurrency, what should I answer?
  • Cryptocurrency is anonymous, do I have to pay taxes?
  • How do I determine my adjusted basis in cryptocurrency?

Crypto asset planning and taxation are intertwined.  If you now wish you had done better planning with crypto, now is the time to start!  We work with all aspects of cryptocurrency taxation: mining, staking, gains, losses, and 1099 reporting.  Working with Favored will help you integrate crypto financial planning and taxation.

Cryptocurrency AND Secure Retirement

Blockchain technology and the DeFi (Decentralized Finance) revolution is gaining interest and acceptance.  This system is attractive because of the promise to solve key issues with our current monetary system such as:

  • “Cutting out the middleman” and the associated fees
  • Leveling the playing field for marginalized populations and
  • More efficient transactions

We know that cookies and social media algorithms can continue to feed “believers in the DeFi revolution” what they want to hear.  Having a financial planner who understands the virtues of the blockchain, uses a level headed approach and acts in your best interest can help ensure you have a secure financial future.

Schedule an appointment to discuss your goals and concerns for integrating crypto assets into your investment portfolio.