Introducing Verify Before You File™
Verify Before You File™ is being developed to help you conduct a structured review of a crypto tax report before relying on it for tax filing.
You do not need to become a crypto tax expert or learn how to rebuild an entire crypto account reconciliation from the beginning.
Instead, Verify Before You File™ will help you:
Recognize common warning signs
Identify areas that may require further investigation
Understand which issues could affect the report
Ask better questions about the underlying data
Determine whether corrections may be needed
Recognize when professional assistance may be appropriate
The goal is not to promise that every report is perfect. It is to help you avoid relying on a report simply because the software was able to generate one.
A Practical Three-Step Review
Verify Before You File™ uses a practical framework to help you review the report, evaluate what you find, and decide what should happen next.
1. Review
Look for warning signs that may indicate missing data, incorrect cost basis, unmatched transfers, classification errors, unsupported adjustments, or other potential problems.
2. Evaluate
Consider whether the issues you identified are minor, material, or likely to affect the reliability of the report.
3. Decide
Based on what you find, determine the appropriate next step.
Outcome
🟢 Ready to File
You did not identify warning signs that require additional action, and the report appears reasonable to use for tax filing.
🟡 Fix Before Filing
You identified one or more issues that should be investigated or corrected before relying on the report.
🔴 Professional Help Recommended
The report contains significant issues, complex activity, or unresolved questions that may require assistance from an experienced crypto tax professional.
Note:
Verify Before You File™ is designed to support a more informed decision. It does not guarantee the accuracy or completeness of a crypto tax report.
Who Is Verify Before You File™ For?
Crypto Investors
You prepared your own crypto tax report using software, or received a report prepared by a service provider.
Now you need to decide whether the results are reasonable before importing them into tax software, sending them to your tax preparer, or using them to file your return.
Verify Before You File™ will help you recognize potential warning signs, ask better questions, and determine whether your report may need more work.
Tax Professionals
Your client gave you a report generated by crypto tax software, but you were not involved in preparing the underlying reconciliation.
You need a practical way to evaluate whether the report appears reasonable or whether additional information, corrections, or professional reconciliation may be needed.
Verify Before You File™ will help you conduct a more structured review before relying on the report to prepare a client’s tax return.
Closing the Verification Gap™
Crypto tax software can organize transactions and calculate gains, losses, and income.
AI can explain tax concepts, summarize guidance, and help investigate individual issues.
These tools can be extremely useful. But they do not independently confirm that every account was included, every transaction was handled correctly, or every important judgment was reasonable.
That leaves a gap between generating a crypto tax report and confidently relying on it for tax filing.
We call this the Verification Gap™.
Verify Before You File™ is designed to help close that gap by giving you a practical process for reviewing the report, evaluating potential issues, and deciding what to do next.
Why I Created Verify Before You File™
Over the years, I have reviewed many crypto tax reports that appeared complete but contained problems beneath the surface.
Sometimes an entire wallet was missing. Sometimes transfers between a taxpayer’s own accounts were treated as taxable sales. In other cases, missing cost basis, incorrect classifications, or unsupported manual adjustments changed the final results.
Many of these reports were generated by reputable crypto tax software. The software was not necessarily malfunctioning. It was calculating based on incomplete data, incorrect assumptions, or decisions it could not independently evaluate.
That is why I believe generating a crypto tax report should not be the final step before filing.
Someone still needs to step back, review the report as a whole, and ask whether the results make sense.
I created Verify Before You File™ to make that review process more practical and accessible for crypto investors and the tax professionals who serve them.
— Sharon Yip, CPA
Frequently Asked Questions
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Verify Before You File™ is an educational review system designed to help crypto investors and tax professionals identify potential warning signs in a crypto tax report and determine what should happen before the report is used for tax filing.
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No. Verify Before You File™ does not import transactions or calculate gains, losses, and income. It is designed to help you evaluate a report that has already been generated by crypto tax software.
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No. Verify Before You File™ may help you identify areas that require further investigation, but it does not perform the underlying crypto account reconciliation or correct the report for you.
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No. No educational review process can guarantee that a crypto tax report is completely accurate. Verify Before You File™ is designed to help you identify common warning signs and make a more informed decision before relying on the report.
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No. Verify Before You File™ is being developed for crypto investors reviewing their own reports and tax professionals evaluating reports provided by clients.
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Verify Before You File™ is currently in development. We plan to release it in summer 2026. Join the early access list to receive updates and be notified when the first resources become available.
Looking Ahead: The CTI Verification Journey™
Verify Before You File™ is the first step in a broader educational journey designed to help crypto investors and tax professionals produce more reliable crypto tax reports.
Each phase addresses a different question that may arise before a crypto tax report is used for filing.
Phase 1: Verify Before You File™
Can I reasonably rely on this crypto tax report?
Learn how to review a crypto tax report, recognize common warning signs, evaluate the potential impact of the issues you find, and determine the appropriate next step.
Your review will lead to one of three possible outcomes:
Ready to File
Fix Before Filing
Professional Help Recommended
Status: Coming Soon
Phase 2: Fix Before You File™
How do I address the problems identified during my review?
Once you identify potential problems, the next step is understanding what may need to be corrected before relying on the report.
Fix Before You File™ will introduce practical approaches for addressing common crypto tax reporting issues, including:
Missing or duplicate transactions
Unmatched transfers
Missing or incorrect cost basis
Unsupported blockchains
Common transaction classification errors
Incomplete documentation
Some issues may be corrected by the person preparing the report. Others may require additional records, technical judgment, or assistance from an experienced crypto tax professional.
Status: In Development
Phase 3: Crypto Account Reconciliation Blueprint™
How do professionals produce reliable crypto tax reports from the beginning?
The Crypto Account Reconciliation Blueprint™ will go beyond reviewing or correcting an existing report. It will teach the end-to-end professional methodology used to transform raw exchange and blockchain data into a reliable and well-documented crypto tax report.
Topics will include:
Data collection and account verification
Transaction completeness
Wallet and exchange reconciliation
Transaction classification
Cost basis analysis
DeFi and NFT activity
Quality-control procedures
Documentation and audit readiness
This advanced program will be designed for those who want to develop a deeper understanding of professional crypto account reconciliation from start to finish.
Status: Planned
One Journey. Three Different Questions.
Verify Before You File™ helps you determine whether a report appears reasonable to rely on.
Fix Before You File™ helps you understand how common problems may be addressed.
Crypto Account Reconciliation Blueprint™ teaches the professional methodology behind producing a reliable report from the beginning.
Each phase builds on the one before it, moving from identifying potential problems, to addressing them, to understanding the complete reconciliation process.