Digital asset accounting

Token Expert

Accurate accounting for complex crypto activity.

We bring clarity to complex digital asset transactions, delivering accurate, transparent, and tax-ready financial records.

Infographic describing Token Expert crypto accounting solutions. We can see a depictionOn y voit la dépiction de portefeuilles crypto, d'échanges centralisés et décentralisés, d'activités DeFi, de transactions de NFTs et d'information en lien avec l'étendu des services comptables de réconciliation des transactions conçus pour des activités complexes liées aux actifs numériques.    loading=
The Token Expert Method

An accounting approach designed for complex digital asset activities

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Our method
20%
  • Collect wallet, exchange, and protocol histories We aggregate data from all relevant sources to establish a complete transaction history.
  • Categorize and normalize on-chain activity We standardize and classify transactions into consistent accounting categories.
  • Review unresolved activity with the client We collaborate to resolve unknown items to ensure accuracy.
  • Calculate context-level financial impacts We apply our proprietary methodology to calculate the financial impact of activity.
  • Support final tax form preparation We deliver clean, complete reports and support your tax filing process.

Our Services

Annual Income Calculation

Complete your tax returns with confidence with our annual income reconciliation service. Crypto accounting is our specialty.

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Bookkeeping

Our bookkeeping service focuses on digital transactions and aims to provide accounting entries that accurately reflect the impact of your activities.

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Tax Compliance

Our tax compliance service provides the preparation of federal and provincial tax forms specific to cryptocurrencies in Canada, for both individuals and businesses.

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CRA & RQ Audit Assistance

We help clients respond to CRA and Revenu Québec audit requests, including ACB reconstruction, transaction tracing, and supporting documentation for digital asset activity.

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Frequently Asked Questions

I have thousands of complex transactions across multiple blockchains. Can you handle that?

This is precisely the challenge the Token Expert method was designed to solve. Our approach segments your transaction history by blockchain, wallet and context. This detailed breakdown enables us to accurately calculate all taxable events, including gains, losses, income, and expenses, and provide a comprehensive annual summary with all the figures needed for your tax forms.

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Crypto tax softwares give me inaccurate or unrealistic results. What does Token Expert do differently?

Crypto tax softwares can do a fantastic job for simple portfolios, provided the user thoroughly reviews and validates every transaction. These tools should never be relied on at face value. Token Expert exists for clients who engage in highly complex transactions and very high volumes. Our approach combines multiple tools and processes to identify transactions and validate ending balances. This allows us to identify the different accounting treatments and ensure accurate reports.

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I’m afraid of being audited by the tax authorities. Can you help?

We understand your concerns about a potential audit by tax authorities. Once we complete our work, we'll send you a file that includes a reconciliation of your assets cost basis from the beginning to the end of the year. This file will also contain a summary of your gains, losses, income, and expenses, along with a complete list of all transactions that had tax implications for the year in question. These documents help tax authorities understand the basis of our calculations, making audits more straightforward.

Thanks to our expertise in decentralized finance (DeFi), we can also explain complex interactions such as yield-generating transactions upon request. This way, you'll be fully prepared to meet tax authority requirements with thorough documentation and clear explanations.

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I have a lot of NFT transactions. Is that a problem?

Not at all. Our method is designed to handle Non-Fungible Tokens (NFTs) with precision. We treat each NFT as a unique asset, isolating it from its collection to calculate its specific cost basis and associated tax implications, including transaction and minting fees.

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I’ve used many bridges and dApps. Can you track all of my cross-chain activity?

Yes. We specialize in navigating the entire Web3 ecosystem. Our team is proficient with all major bridges and dApps and uses multiple tools to trace inflows and outflows across chains, including less common blockchains. We also account for bridge fees and ensure every cross-chain movement of your assets is accurately tracked and reconciled.

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Do you offer ongoing services for currently active traders?

Yes. For clients with thousands of transactions annually, we offer monthly, quarterly, or bi-annual tracking services tailored to their needs. This proactive approach keeps your records accurate throughout the year and creates opportunities for strategic tax optimization. Toward year-end, we can also help identify tax-loss harvesting opportunities to potentially reduce your overall tax liability.

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