About us

Who we are

Wiligent is your diligent compliance partner, empowering the future of financial compliance!

Wiligent understands how challenging it can be to navigate the complexities of cryptocurrency taxation, forensic accounting, financial investigations, and anti-money laundering (AML) compliance. Wiligent strives to provide our customers with advanced technological solutions that empower individuals, businesses, startups, and institutions to thrive in the financial compliance global landscape because Wiligent genuinely cares about our customer’s success.

Together, Let’s Shape a Secure Financial Landscape!

Discover our Impact
Benefits Provided

Why Wiligent?

IRS Enforcement

According to recent public news, the IRS is increasing its efforts to enforce crypto tax compliance. Why wait for the IRS to come knocking when Wiligent can help you catch up on your taxes before they arrive?

Expert Consulting

22+ years of experience as a Special Agent for the IRS Criminal Investigations, now helping worldwide taxpayers comply with the IRS.

Regulation Compliance

Wiligent stays up-to-date with industry certifications such as AMLCA, CAMS, and Cryptocurrency Tracing to ensure adherence to the latest regulations.

Dedicated Solving

Wiligent works with respected independent experts and experienced consultants to develop tailored business solutions.

Efficient Execution

Wiligent simplifies digital asset taxation by easing collection, classification, and preparation, allowing you to focus on financial compliance.

Effortless Communication

You can stay informed with our streamlined virtual communication for easy collaboration and updates.

IRS Enforcement

According to recent public news, the IRS is increasing its efforts to enforce crypto tax compliance. Why wait for the IRS to come knocking when Wiligent can help you catch up on your taxes before they arrive?

Expert Consulting

22+ years of experience as a Special Agent for the IRS Criminal Investigations, now helping worldwide taxpayers comply with the IRS.

Regulation Compliance

Wiligent stays up-to-date with industry certifications such as AMLCA, CAMS, and Cryptocurrency Tracing to ensure adherence to the latest regulations.

Dedicated Solving

Wiligent works with respected independent experts and experienced consultants to develop tailored business solutions.

Efficient Execution

Wiligent simplifies digital asset taxation by easing collection, classification, and preparation, allowing you to focus on financial compliance.

Effortless Communication

You can stay informed with our streamlined virtual communication for easy collaboration and updates.

Financial Compliance

Services

Wiligent doesn’t just navigate the complexities; we redefine them for simplicity.

Join us in shaping a secure, compliant, and thriving future in finance compliance.

Crypto Tax

Transaction Reconciliation

Tax Return Reports Preparation

I Want this Service

Crypto Tax

Transaction Reconciliation

Tax Return Reports Preparation

I Want this Service

Forensic Accounting & Investigations

Transaction Tracings

Fraud Investigations

Asset Recovery (including cryptocurrency)

I Want this Service

Forensic Accounting & Investigations

Transaction Tracings

Fraud Investigations

Asset Recovery (including cryptocurrency)

I Want this Service

AML Compliance & Training

AML Programs

Regulatory Guidance and Reviews

Due Diligence

I Want this Service

AML Compliance & Training

AML Programs

Regulatory Guidance and Reviews

Due Diligence

I Want this Service

IRS Dispute Resolution Services

Represent clients on any matter before any IRS office

SPECIALIZED IN CRYPTO TAX RESOLUTION

Respond to notices or correspondence

Advocate or speak on behalf of a taxpayer concerning Examinations & Collections

I Want this Service

IRS Dispute Resolution Services

Represent clients on any matter before any IRS office

SPECIALIZED IN CRYPTO TAX RESOLUTION

Respond to notices or correspondence

Advocate or speak on behalf of a taxpayer concerning Examinations & Collections

I Want this Service
How We Work

Crypto Tax Reports Preparation Process

  • 1

    Gather Crypto Transactions

    Wiligent can assist you in gathering transactions from exchanges, wallets, and DeFi platforms you’ve used via APIs or uploading CSV files to ensure their completeness for future audit compliance.

  • 2

    Identify & Classify Taxable Event

    Our service simplifies the process of identifying, tagging, classifying, and understanding taxable transactions. Wiligent diligently covers everyday taxable events such as selling cryptocurrency for fiat, trading one cryptocurrency for another, and using cryptocurrency to buy goods or services.

    Simplify your digital assets tax report preparation with Wiligent – the diligent solution you can trust!

  • 3

    Calculate Basis, Gain & Losses in IRS Form 8949

    Correctly calculating cost basis using methods like FIFO (First In, First Out) can optimize your crypto tax position and avoid penalties.

  • 4

    Prepare Schedule D, which totals up your net capital gains and losses

    Wiligent offers diligent solutions to compute your capital gains or losses and guides you to the process of preparing the required tax forms for your tax return preparer, CPA, or Enrolled Agent to complete your taxes, such as Forms 1099 for cryptocurrency income, Form 8949, and Forms 1099-B.

Avoid penalties and fines for incorrectly reporting digital assets. Seek specialized guidance to ensure accuracy. Contact a tax professional with expertise in digital assets to navigate the complex process with confidence and ease. Remember, timeliness and accuracy are crucial to avoiding costly consequences.

   
A Free Guide to Digital Asset Transactions

Wiligent Makes Crypto Tax Filing Simple

Follow our easy four-step method: Collect, Reconcile, Classify, and File. Download our Crypto Tax Simplified Guide today and streamline your tax preparation effortlessly.


    Blog

    Stay connected with trends

    Is the IRS Focusing on High-Risk Digital Asset Owners: Could This Affect You? 

    September 30, 2024

    Understanding Red Flags and How to Respond Effectively  The Internal Revenue Service (IRS) has...

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    From Fiat to Crypto: The Critical Role of AML Controls in Financial Institutions

    August 25, 2024

    In recent years, the rise of cryptocurrency has revolutionized the financial landscape, offering new...

    Read more

    Understanding the New IRS Rule on Digital Asset Transactions: What You Need to Know

    July 9, 2024

    On June 28th, the US Department of Treasury and the Internal Revenue Service (IRS)...

    Read more

    Is the IRS Focusing on High-Risk Digital Asset Owners: Could This Affect You? 

    September 30, 2024

    Understanding Red Flags and How to Respond Effectively  The Internal Revenue Service (IRS) has...

    Read more

    From Fiat to Crypto: The Critical Role of AML Controls in Financial Institutions

    August 25, 2024

    In recent years, the rise of cryptocurrency has revolutionized the financial landscape, offering new...

    Read more

    Understanding the New IRS Rule on Digital Asset Transactions: What You Need to Know

    July 9, 2024

    On June 28th, the US Department of Treasury and the Internal Revenue Service (IRS)...

    Read more

    Revolutionizing Tax Preparation with Generative AI

    June 10, 2024

    In the fast-paced world of tax preparation, staying ahead of the curve is essential....

    Read more
    Have Questions?

    Frequently Asked Questions

    Yes, Wiligent offer a free 30-minute virtual call. Call to discuss your particular needs and offer an estimate of the cost per hours for our services
    Yes, if you have received a digital asset (as a reward, award, or payment for property or services) or sold, exchanged, or disposed of it (or a financial interest in it) at any point during 2021-2023. No, if you have only held a digital asset in a wallet or account, transferred it from one wallet or account that you own or control to another wallet or account that you own or control, or purchased digital assets using U.S. or other fiat (real country currency), including through the use of electronic platforms such as PayPal and Venmo.
    Cryptocurrency gains are typically taxed as capital gains, either short-term or long-term, depending on the holding period.
    Calculate gains or losses by subtracting the cost basis (purchase price and transaction fees) from the selling price.
    Yes, holding cryptocurrencies for over a year typically qualifies for lower long-term capital gains tax rates.
    Yes, crypto-to-crypto trades, i.e., BTC to ETH, are taxable events, and gains or losses should be reported.
    You can deduct up to $3,000 of capital losses from cryptocurrency transactions against other types of income. Excess losses can be carried forward to future tax years.
    Cryptocurrency mined and staking are considered income, and its value at the time of receipt is subject to taxation. You’ll also pay Capital Gains Tax on any gain if you later sell, swap, or spend your staking rewards.
    Commonly used forms include Form 8949 and Schedule D, along with Form 1040 for individual tax returns.Can’t seem to find the solutions to stay in compliance? Wiligent is here to help.
    No.
    No (until traded, spent, or sold).
    Yes, when you use cryptocurrency to buy goods or services, it is treated as a disposal of property, similar to selling an asset, and is considered a taxable event in the United States.
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