CountOnSheep | Crypto Tax

We are the #1 crypto tax reconciliation & preparation firm. $50 million+ in tax savings generated. Daily Crypto TaxTips + Free consultation 👇

[CountOnSheep | Crypto Tax @countonsheep]

What is Count On Sheep and what is a crypto tax service?

[CountOnSheep | Crypto Tax @countonsheep]

Most crypto investors are not trying to dodge taxes.

Most of them genuinely have no idea what their tax situation looks like.

They traded on one exchange, moved funds to another, connected a few wallets, chased airdrops, bridged into some random chain, staked something, sold something, forgot about something, and then a year later they’re expected to explain all of it to a CPA.

[CountOnSheep | Crypto Tax @countonsheep]

If you filed a crypto tax extension in April, May is the danger zone.

This is when people mentally file the problem away, then reopen it in September and realize their "simple" return depends on four wallets, three exchanges, missing basis, and a DeFi protocol that no longer exists.

An extension simply gives you more time to file. But it does not make the transaction history cleaner.

[CountOnSheep | Crypto Tax @countonsheep]

If you traded across Coinbase, Kraken, wallets, DeFi, NFTs, bridges, and random chains...

Your tax software is only as accurate as the cleanup behind it.

Bad labels in = bad tax report out.

Crypto tax software helps.

It does not magically know what every transfer, swap, bridge, staking reward, airdrop, actually was. It’s very important as you do these trades for the rest of the year, you write down what they were so you remember come tax time.

[CountOnSheep | Crypto Tax @countonsheep]

If you filed an extension because your crypto taxes were a mess, that’s fine.

But don’t wait until October to open the same broken CSVs again.

The whole point of extension season is to fix the records while there’s still time.

Contact us if you need help!

[CountOnSheep | Crypto Tax @countonsheep]

@Tradermayne Awesome congrats!

[CountOnSheep | Crypto Tax @countonsheep]

The IRS doesn’t care what your PnL screenshot says.

It cares what your Form 8949 says.

If your exchange reports proceeds without cost basis, a break-even trade can look like pure profit on paper.

That’s how people end up severely overpaying.

[CountOnSheep | Crypto Tax @countonsheep]

Happy Tax Day Canadians! 🇨🇦

[CountOnSheep | Crypto Tax @countonsheep]

Crypto tax tip:

Before you file or amend, check every “sale” your tax software created from wallet transfers.

Moving crypto from Coinbase to MetaMask, Ledger, Phantom, etc. is not taxable by itself.

But if your wallets aren’t connected correctly, the software may treat it like you sold.

That mistake can inflate your gains fast.

[CountOnSheep | Crypto Tax @countonsheep]

Canada's tax deadline is 6 days away.

If you traded crypto in 2025 and still have missing transactions, messy wallets, or no clear cost basis, now is the time to fix it.

Waiting until the last minute usually leads to one of two outcomes:

You file with bad numbers, or you file late.

Neither is a good option.

The CRA deadline is coming fast. If your crypto activity is still a mess, get it cleaned up now so you can file accurately and move on.

[CountOnSheep | Crypto Tax @countonsheep]

If you filed a tax extension for your crypto taxes, you did not buy yourself six months to ignore it.

The people who wait until October usually make the same 5 mistakes:

>Waiting too long to reconcile wallets and exchanges
>Trusting incomplete 1099s or exchange exports
>Missing cost basis on transfers, DeFi, or old wallets
>Forgetting staking, rewards, or other taxable income
>Rushing the return again in October and filing bad numbers

[CountOnSheep | Crypto Tax @countonsheep]

@Kevin_Cage_ Very cool!

[Mayne @Tradermayne]

I genuinely think most ppl don’t pay their crypto taxes because they don’t know how.

Like most things in life you can outsource tasks.

Use these guys and make sure you only pay what you need to.

They will chat with you for free.
https://t.co/9PHOrGz1sW

[CountOnSheep | Crypto Tax @countonsheep]

Tax Day is here in the USA!

If you traded crypto in 2025 and you’re still confused about your taxes, you are not alone.

The biggest issues we’re seeing right now:

>missing cost basis
>bad exchange exports
>1099-DA's that do not tell the full story
>traders overpaying because the numbers look wrong

If your crypto tax report still feels off, do not blindly file.

Remember, you can still file an extension today.

[CountOnSheep | Crypto Tax @countonsheep]

If your crypto tax report still looks wrong tonight, do not force it.

You can easily file an extention.

[CountOnSheep | Crypto Tax @countonsheep]

@lorenzoxbt @CryptoJelleNL @0xbags Yes we are comparable, that’s no problem at all. Hit us up and we will get you sorted 🤝

[CountOnSheep | Crypto Tax @countonsheep]

Tax deadline’s in 2 days and you still haven’t dealt with your crypto taxes?

Take a breath.

You can file an extension, buy yourself more time, and have us help you clean it up properly instead of rushing and making it worse.

If you’re stressed, reach out. We’ll help you get sorted.

[CountOnSheep | Crypto Tax @countonsheep]

@Extremeinc1 @Tradermayne Yes we work with Canadians!

[CountOnSheep | Crypto Tax @countonsheep]

@eye5683eye @Tradermayne Through Mayne’s link we offer a free consultation so we can discuss your portfolio and trades to see if it makes sense given your situation.

[CountOnSheep | Crypto Tax @countonsheep]

@0xAmbien @Tradermayne We work with clients in Canada! We helped Mayne out with his crypto taxes

[Mayne @Tradermayne]

Tax season is wrapping up, so my tax alpha shills will wrap up soon as well

If you don't have your shit done, file for an extension to buy yourself more time

If you have questions the @countonsheep boys will chat with you for FREE using the link below.

https://t.co/9PHOrGz1sW