DecreeCheck

Check Your Act 60 Crypto Tax Return in Minutes

Don't wait weeks for answers on your Act 60 crypto tax compliance. Our automated tool gives you a quick and affordable way to check your return for common errors related to cryptocurrency gains, sourcing, and reporting. Get instant feedback and clarity.

Check Your Act 60 Crypto Tax Return in Minutes

Instantly Spot Crypto Sourcing Errors

The biggest headache for Act 60 crypto investors is sourcing. Gains on crypto bought *after* your move to Puerto Rico can be tax-free, but gains from before are not. Mixing them up is a costly mistake. Our tool is designed to quickly scan your transaction dates against your residency date to flag potential sourcing errors. Instead of paying a CPA thousands, you can get a rapid check for a fraction of the cost. With the Act 60 compliance market being digitally underserved, our tool provides a fast and accessible solution for decree holders who need immediate insights, not a month-long engagement.

Are You Misclassifying Your Crypto Assets?

How you classify your crypto—as a utility token, security token, or NFT—changes how it's taxed. Getting it wrong can lead to incorrect tax payments and potential penalties. For example, staking rewards might be ordinary income, not capital gains. Our system quickly checks your assets against a database of token classifications to identify potential mismatches. This automated check provides a crucial second look at your classifications, helping you avoid common pitfalls without the high cost and long wait times of traditional compliance reviews. It's a no-nonsense way to get a clearer picture of your tax situation.

Quickly Uncover DeFi & NFT Tax Events

DeFi and NFTs create a maze of taxable events. Airdrops, yield farming, and liquidity pool rewards are all potential income sources that are easy to miss. Manually tracking these is a nightmare. Our tool is designed to connect to your wallets and exchanges to automatically identify these transactions. It flags potential unreported income from DeFi and NFT activities, giving you a clear, actionable list of items to review. This process takes minutes, not the weeks it might take for a manual review, reflecting the 80%+ growth in adoption for AI-powered compliance tools.

Frequently Asked Questions

How quickly can I check my crypto tax return?

Our automated process is designed to deliver a compliance check in minutes. Simply connect your accounts, and our system will rapidly analyze your data for potential Act 60 crypto-related issues.

Is this a substitute for a CPA?

No. DecreeCheck is a tool for getting a fast, affordable second opinion on your tax return. It is designed to help you spot potential issues quickly. It does not provide tax, legal, or accounting advice, and is not a substitute for a qualified CPA.

What if I find an error using DecreeCheck?

If our tool flags a potential issue, you can take that information to your CPA or tax advisor for a more detailed review. Our goal is to empower you with information quickly so you can take action.

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This content is for informational purposes only and does not constitute tax, legal, or accounting advice.