National CPA firm expands its national crypto tax practice to help investors reconcile incomplete broker reporting before cost basis rules tighten.
BELLINGHAM, WA, UNITED STATES, July 16, 2026 /EINPresswire.com/ — Clarity Tax & CPA's, a CPA firm serving clients nationwide, today announced a dedicated cryptocurrency tax and reconciliation service for individual and business investors. The service debuted as the IRS's new Form 1099-DA reaches digital asset investors for the first time, and many of those investors are discovering that the numbers on those forms don't line up with their own records.
Regulations that took effect for the 2025 tax year require digital asset brokers to submit gross proceeds from crypto sales to the IRS on Form 1099-DA, yet they are not obligated to provide cost basis for those transactions. As a result, a form may display large sale totals while showing no record of the investor's original purchase price. If left unreconciled, this discrepancy can make a taxpayer appear to owe far more than is actually due, and it can trigger IRS notices for underreported income.
The rules will become even stricter from here. For digital assets bought on or after January 1, 2026 in a single broker account, brokers must start reporting cost basis. Any assets purchased earlier, or moved between wallets and exchanges, stay the investor's responsibility to document. For active traders who shift assets across multiple platforms, that reconciliation burden is significant.
Clarity Tax & CPA's new service consolidates activity across wallets, exchanges, and payment platforms, reconciles it against broker statements, and reports it correctly on the investor's tax return. The firm handles everything from just a few hundred transactions to portfolios exceeding one hundred thousand trades per year, and it catches the taxable events investors most often overlook, including crypto-to-crypto exchanges that many wrongly assume are not reportable.
"A crypto to crypto swap is a taxable sale, and it is the mistake we see most often," said Doni Kudratov, Cryptocurrency Tax Specialist at Clarity Tax & CPA's. "When a broker reports proceeds without cost basis, reconciliation is what stands between a clean return and an IRS notice."
The cryptocurrency practice is part of a firm that has advised clients since 1976 and serves roughly hundreds of active clients from its Bellingham, Washington office. Clarity Tax & CPA's applies the same documentation and review standards to digital asset reporting that it uses for audit and complex tax work. Cryptocurrency clients are served nationwide through remote engagements.
Investors who received a Form 1099-DA, or who traded digital assets during 2025, can request a free quote at claritytaxgroup.com or by calling (360) 862-6556.
About Clarity Tax & CPA's
Clarity Tax & CPA's is a CPA firm founded in 1976 and based in Bellingham, Washington. The firm provides tax preparation and planning, audit and assurance, bookkeeping, IRS resolution, cross-border tax, and cryptocurrency tax services to individuals and businesses across the country.
Kelly Sheng
Clarity Tax & CPA's
+1 360-529-5546
email us here
