- Piano Playing
- Bike Riding
- Hiking
- Gardening
- Beer Making
Liam Bishop
Melbourne, Victoria, Australia, 3015,VIC
Summary
Detail-oriented Crypto Accountant with a proven track record of providing strategic financial guidance and ensuring compliance within the rapidly evolving cryptocurrency industry. Proficient in analyzing blockchain transactions, preparing intricate tax reports, and conducting comprehensive audits. Skilled
in identifying opportunities for tax savings, and delivering accurate financial insights to drive informed decision-making regarding tax. Adept at navigating regulatory requirements and staying abreast of industry developments to optimize financial processes and mitigate risks.
Overview
4
4
years of professional experience
Work History
Crypto Accountant
Crypto Tax Australia
04.2021 - Current
- Calculate capital gains and losses on crypto assets and provide clients with strategic tax advice on how to structure their portfolio to minimize tax.
- Preparing individual, company, trust and partnership tax returns using Xero Tax.
- Drafting the financial statements for individuals and companies. These include directors declaration, profit and loss statement and balance sheet.
- Liaison with the ATO regarding outstanding debts, interest remissions and other ad-hoc matters.
- Have successfully negotiated 50 interest charge remissions, with the biggest being $132,000 for a couple.
- Providing high level analysis of blockchain transactions and determine the tax implication of these transactions. A contentious issue we are currently plaguing us is if contributing funds into a liquidity pool and receiving liquidity tokens constitutes a disposal event.
- Onboarding, teaching and mentoring new team members.
- Used advanced software to prepare documents, reports, and presentations.
- Maintained up-to-date knowledge on professional accounting standards to manage complex crypto transactions.
Tax Help Advisor
Australian Taxation Office
07.2020 - 10.2024
- Assisted over 50 Clients on completing tax returns via Mygov.
- Research issues as needed such as residency, different types of income and the different tiers of work related expenses.
Tax Consultant
H&R Block
07.2020 - 10.2020
- Completed up to 10 tax returns per day.
- Provide actionable tax solutions to 200+ clients on how to restructure income, expenditure and work schedules, so that they can maximize deductions and minimize tax.
- Work with various software packages including Sage Handitax, and other proprietary software.
Education
CPA - Accounting
Certified Practicing Accountants Board
Australia06.2025
Bachelor Of Business - Accounting and Banking/Finance
Victoria University
Melbourne11-2019
Skills
- Negotiation
- Communication
- Time Management
- Microsoft Excel
- Xero Practice Manager
- Portfolio Structuring
- Sage Handitax
- Forensic Crypto Accounting
Affiliations
CPA Australia - Associate Member
Victoria Alumini Community
Interests
Timeline
Crypto Accountant
Crypto Tax Australia
04.2021 - Current
Tax Help Advisor
Australian Taxation Office
07.2020 - 10.2024
Tax Consultant
H&R Block
07.2020 - 10.2020
CPA - Accounting
Certified Practicing Accountants Board
Bachelor Of Business - Accounting and Banking/Finance
Victoria University
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