Feb 06, 2025

Why Full-Service Crypto Gain Calculation is the Smart Choice for 2024

With another year of active trading behind us, many crypto investors are wrestling with the task of calculating their gains for 2024.

Whether preparing for the Safe Harbor Allocation Plan or just trying to ensure your numbers are accurate, you might wonder: Should you use a DIY crypto tax software, or is it worth investing in a full-service solution?

Here’s why a full-service gain calculation can save you money—and headaches—in the long run.

The Challenges of DIY Crypto Tax Software

Services like Koinly, CoinTracker, and TokenTax advertise themselves as crypto tax solutions, but they primarily focus on tracking cost basis and offering DIY tools.

While these platforms can be useful for some, they come with limitations:

Hidden Costs: Many services charge on a per-trade or tiered basis. This can add up quickly for active traders, especially those with large volumes of transactions.

One client reported spending $30,000 with a major service, only to face additional charges before their calculation was complete.

Accuracy Concerns: DIY software often produces results that don’t align with what traders expect.

For example, a client using one of these platforms was told they owed $140,000 in taxes. After switching to our service, their accurate gain was closer to $90,000—saving them approximately $20,000 in taxes.

No IRS Defense: If the IRS audits your return, these platforms won’t stand by their calculations. They won't defend their numbers in Tax Court. That leaves you alone to sort out potential issues.

Why Choose a Full-Service Gain Calculation?

At CryptoTaxAudit, we take a comprehensive approach to gain calculations, offering unmatched expertise and peace of mind.

Here’s why our service stands out:

Fixed Pricing

We provide transparent, fixed pricing upfront, so you know exactly what you’re paying.
Packages are tailored to your trading activity: small, medium, large, and "ugly" (for complex cases like 5 million trades or 75 wallets).
For most active traders, our average cost is about $6,000, which often pays for itself through tax savings.

Expert Calculations

We handle the entire process, freeing you to focus on trading while we manage the numbers.
Our team has defended numerous crypto audits and performed several IRS gain calculation defenses—all undefeated.

Real Tax Savings

Accurate calculations mean you’re taxed on the correct amount, not inflated numbers from DIY errors.
Many of our clients receive refunds because we identify mistakes from previous filings or sloppy calculations by other services.

A Real-Life Example

One of our clients initially used a DIY service and received a gain calculation showing $140,000 in capital gains.

Convinced this was incorrect, they turned to us.

After a thorough review, we determined their gain was $90,000—saving them $20,000 in taxes, even after accounting for our $6,000 fee.

This isn’t uncommon.

Nearly 40% of our audited clients (taxpayers who ask us to defend them in an audit) end up with refunds due to errors in their original calculations.

With CryptoTaxAudit.com you can rest easy knowing your numbers are accurate and defensible.

When Full-Service is the Best Choice

While DIY tools might seem cheaper at first glance, they often cost more in the long run through hidden fees, inaccurate results, and a lack of IRS support.

A full-service gain calculation:

Saves time and eliminates stress.
Ensures accurate reporting, reducing your tax liability.
Provides expert defense in case of an audit.

For active traders or those with complex portfolios, this is a clear win—it pays for itself through tax savings and peace of mind.

Get Started Today

Why take risks with DIY software when you can have professionals handle your crypto gain calculations? At CryptoTaxAudit, we make the process easy, accurate, and defensible.

Ready to simplify your taxes and save money? Visit CryptoTaxAudit.com to get started. Let us do the heavy lifting while you focus on what you do best—trading.