Expert Tax & Crypto Advisory Backed by Former Big Four CPAs

Yes. We prepare and file a wide range of tax returns beyond individual filings. Our team has experience handling returns for LLCs, S corporations, C corporations, partnerships, trusts, estates, and nonprofit organizations.

Whether you operate a business, manage multiple entities, or oversee complex investment structures, we ensure your filings are accurate, compliant, and strategically optimized.

Getting started is simple. Begin by booking a free consultation with one of our CPAs through the Book a Meeting section of our website. During this consultation, we will review your current tax situation, discuss your financial goals, and identify potential planning opportunities.

After the meeting, we will request a copy of your most recent tax return for review. Once we assess your prior filings and overall situation, we provide a clear and personalized quote for preparing your current year return and any additional advisory services you may need.

COS Elite is a California based professional services firm established to deliver CPA specific tax services. Under California law, licensed professionals such as CPAs must operate through designated professional entities.

COS Elite was formed to meet these regulatory requirements while ensuring clients continue to receive the same high standard of expertise, service, and care they expect. COS Elite and Count On Sheep work collaboratively to ensure every aspect of your taxes, from cryptocurrency to traditional income, is handled accurately and seamlessly.

Yes. Our tax professionals are experienced in communicating with the IRS and assisting clients with audits, notices, penalties, and back tax issues. We review your situation and represent you throughout the resolution process.

Yes. We offer secure virtual consultations and encrypted document uploads so clients can complete their tax work from anywhere.

Yes. We accept cryptocurrency payments through our Coinbase Business account. All payments are automatically converted to U.S. dollars to ensure straightforward accounting and compliance.

We do not provide full international or cross border tax services, such as preparing foreign country tax returns or managing comprehensive international compliance.

However, we do prepare U.S. tax forms related to foreign activities as part of your U.S. return. This includes Form 8858, Form 8865, Form 5471, Form 8938, and FinCEN Form 114. If your situation involves extensive foreign reporting or overseas income, we can coordinate with your international tax advisor to ensure your U.S. filings remain complete and compliant.

Individual federal income tax returns are generally due on April 15 each year. If April 15 falls on a weekend or federal holiday, the deadline typically moves to the next business day.

Taxpayers may request an automatic six month extension, which usually extends the filing deadline to October 15. An extension allows more time to file but does not extend the time to pay any taxes owed.

Yes. The IRS classifies cryptocurrency as property for federal tax purposes. Most cryptocurrency transactions, including selling, trading, or using crypto to purchase goods or services, are considered taxable events.

These transactions are typically reported on Form 8949 and Schedule D for capital gains and losses. Certain crypto related income may also be reported on Schedule 1 or Schedule C depending on the activity.

Cryptocurrency is a relatively new asset class, and many taxpayers initially believed it was not taxable or fell into a gray area. The IRS has since clarified its position and significantly expanded reporting requirements and enforcement efforts.

Many individuals are now seeking to come into compliance. COS Elite regularly helps clients determine the best path forward, whether that involves amending prior year returns, reconstructing missing transaction data, or developing a compliance strategy to reduce penalties and interest.

If you have not reported cryptocurrency transactions in past years, it is not too late to take corrective action. Addressing the issue sooner generally provides more favorable options.