countonsheep.com

What It Is

Count On Sheep is not an exchange, wallet, or DeFi protocol, but a professional service provider focused on crypto-asset tax scenarios. The website emphasizes that it is operated by a U.S.-based team and led by digital-asset professionals with former Big Four accounting firm backgrounds. Its main work is helping users complete crypto transaction reconciliation, cost-basis reconstruction, tax optimization, and CPA-ready report output.

Core Capabilities and Coverage

Its services cover centralized exchanges, DeFi wallets, hardware devices, custodial platforms, and on-chain activity. It can handle complex records such as trades, transfers, staking rewards, NFT events, liquidity pools, lending, wrapped assets, cross-chain bridges, and movements between protocols. Deliverables include Form 8949, gain/loss summaries, Schedule D details, DeFi and NFT summaries, and audit trails for CPAs or tax-filing software. It also provides data organization and guidance for bankruptcy claims involving Celsius, FTX, BlockFi, and others, as well as the upcoming 1099-DA reporting requirements.

Pricing and Workflow

The pricing information disclosed on the website is limited: users can book a free consultation, or choose a paid consultation for $199 involving a blockchain manager with former Big Four experience. Standard pricing for full tax preparation and multi-wallet reconciliation projects is not publicly listed, and is likely assessed based on complexity. In terms of workflow, users upload CSV files or connect exchanges and wallets through a secure portal. The team then performs full historical reconciliation and manual review, before delivering tax materials that can be used by a CPA.

Pros and Cons

The main advantage is that the service is clearly more hands-on, making it suitable for complex portfolios where automated software often misclassifies transactions. It also states that it will not request private keys, giving it a relatively clear security boundary. Its former Big Four background, U.S.-based team, and IRS-form-oriented deliverables also make it better suited to U.S. users. The downsides are limited pricing transparency and the lack of disclosed information about security certifications, insurance, or licensing. In addition, the service is heavily centered on the U.S. tax system, so its usefulness for non-U.S. users is limited.

Who It’s For and Access from China

This service is better suited to U.S. tax residents, high-frequency crypto traders, heavy DeFi/NFT users, Web3 businesses, and people who have not cleaned up their tax records for multiple years. For Chinese users who only need local tax or trading tools, Count On Sheep is not a direct substitute; however, those who need U.S. tax filing materials may consider its consultation service. The website’s accessibility from mainland China is not specified, so its status is unknown. Payment methods are also not disclosed. Alternatives include Koinly, CoinLedger, TokenTax, or CPAs familiar with digital assets.