Recognized by Forbes as a Best-in-State Top CPA in 2025 and 2026
Featured in Forbes for "Leading the Charge on Crypto Accounting": Read the Forbes Feature
Specialized tax and accounting for high-net-worth crypto investors, Web3 businesses, professional traders, and trading firms operating across digital assets, prediction markets, and perpetual futures.
First U.S. CPA Firm to Accept Cryptocurrency Payments
Original announcement ↗
Federal tax classification of prediction market event contracts under §165(d), §1256, and general capital or ordinary rules. Co-authored with the former head of the IRS Office of Digital Assets.
Read in Tax Notes →Policy analysis of the U.S. digital asset tax landscape, including reporting, jurisdictional authority, and tax treatment. Co-authored with the former head of the IRS Office of Digital Assets.
Read in Tax Notes →Digital Asset Tax & Accounting for Investors, Traders, and Web3 Businesses
Camuso CPA has specialized in cryptocurrency tax and accounting since 2016, when few accounting firms had developed the expertise to handle complex digital asset transactions. What began with cryptocurrency investors has expanded into Web3 businesses, prediction markets, and professional trading firms operating across emerging financial markets.
Our work spans historical cost basis reconstruction, cryptocurrency tax planning and compliance, Web3 accounting, and financial reporting. We also advise professional traders and market makers on prediction market taxation, perpetual derivatives, high-volume transaction reconciliation, and specialized trading accounting systems.
Years of working directly with these markets have shaped both our client services and our published research on digital asset taxation and emerging financial instruments. We understand the accounting and tax issues these activities create, from reconstructing historical records to establishing supportable tax positions and financial reporting for sophisticated trading operations.
Work with a Crypto CPA whose experience extends from digital asset accounting and tax to the emerging financial markets shaping the next generation of financial activity.
Speaking at ETHDenver 2026, Patrick Camuso examines how expanding IRS reporting requirements are changing tax compliance for cryptocurrency investors and Web3 businesses.
Whether you need historical crypto cost basis reconstructed, Form 1099-DA reconciled, Web3 accounting systems built, or specialized tax and accounting support for professional trading, we bring the experience, technical expertise, and systems to get it done right.
We reconstruct complex digital asset histories, restore cost basis integrity, and realign prior-year tax filings to establish audit-ready reporting continuity.
We reconcile Form 1099-DA broker reporting with underlying transaction and cost basis records, investigate discrepancies, and determine whether targeted reconciliation or historical accounting reconstruction is required.
We offer expert cryptocurrency accounting services for high-net-worth investors, prediction market traders, and DeFi users seeking IRS-compliant reporting and complete tax clarity. Get your books in order, minimize your tax bill, and protect your digital wealth.
We specialize in crypto tax filings for high-net-worth investors, digital asset traders, and Web3 startups with complex activity.
Proactive, high-impact tax planning for crypto investors and Web3 founders. From token events to multi-chain portfolios, we help minimize liabilities, defer gains, and build long-term wealth across every market cycle.
We provide end-to-end crypto accounting that integrates on-chain sub-ledgers with your general ledger, ensuring complete, auditable books investors trust.
Facing IRS letters, back taxes, or unfiled crypto returns? We help investors, traders, and Web3 founders resolve crypto-related tax issues with speed and confidence. From late filings to audit defense and penalty reduction, we clean up your situation and get you back in compliance.
Specialized U.S. tax reporting and accounting for prediction market traders, including Polymarket, Kalshi, USD-settled and crypto-settled contracts.
We’re industry leaders in crypto sales tax, we wrote the book. Our team helps Web3 startups and NFT platforms manage multi-state and multi-jurisdiction sales tax obligations tied to token sales, marketplace revenue, and digital goods.
Specialized accounting for professional prediction market traders, trading firms, and market makers. We reconcile high-volume trading activity, maintain trading subledgers, and integrate transaction records with company books and financial reporting.
Since the early days of Bitcoin, we have advised investors and businesses with substantial digital asset holdings and complex financial activity. As these markets have developed, our practice has expanded to serve Web3 businesses, professional traders, and proprietary trading firms operating across digital assets, prediction markets, and perpetual futures.
Our clients manage significant portfolios, operate trading businesses, and build companies around blockchain technology. We help them establish reliable accounting records, reconstruct historical cost basis, address complex tax positions, and manage the reporting and compliance challenges arising from their activities.
Since 2016, Camuso CPA has specialized in complex tax and accounting matters for digital asset investors and Web3 businesses. We’ve continued to expand into emerging financial markets, advising professional traders on prediction markets, perpetual futures, and high-volume trading operations. Our experience spans historical accounting reconstruction, financial reporting, and technical tax analysis, with an emphasis on reliable records and defensible tax positions that can withstand IRS scrutiny.
Client Case Studies
Crypto Accounting
An active DeFi investor had missing records from defunct platforms and gaps across years of wallet activity. We reconstructed the transaction history, reconciled transfers, and established lot-level cost basis throughout the portfolio.
Outcome
Historical cost basis reconstructed. Ongoing quarterly accounting established.
View case study →Crypto Tax Planning
A long-term investor with substantial project-token and DeFi exposure lacked reliable tax-lot records and a planning framework. We rebuilt the portfolio history, documented material tax positions, and established ongoing planning for dispositions, losses, and future token events.
Web3 Accounting
A Web3 startup had inaccurate historical books, an incorrectly classified SAFE, and activity on a proprietary blockchain. We developed its accounting policies, rebuilt the books, and integrated a compatible crypto subledger with the general ledger.
Outcome
Historical books corrected. Subledger integrated and ongoing accounting established.
View case study →Trading Firm Accounting & Tax
A quantitative market maker had nearly two years of trading activity missing from its books, outstanding partnership filings, and unresolved federal tax positions. We reconstructed the activity, built a transaction-level subledger, and coordinated the accounting with partnership tax reporting.
Outcome
Books and partnership filings current. Ongoing accounting and quarterly tax projections.
View case study →"Very happy working with Patrick. He's the real deal when it comes to crypto tax and accounting. Highly recommend him if you want clarity and confidence in your reporting."
Camuso CPA provides cryptocurrency tax preparation and planning, historical accounting and cost basis reconstruction, Form 1099-DA reconciliation, IRS tax resolution, and Web3 accounting and tax services. We also advise professional traders, proprietary trading firms, and market makers on prediction market tax and accounting, trading subledgers, and financial reporting.
Compare the reported transactions with your actual trading history and cost basis records. For 2025 transactions, brokers generally reported gross proceeds without basis. Basis reporting begins for certain covered digital assets sold in 2026, but transferred-in and other noncovered assets may still have missing basis. A discrepancy may require targeted reconciliation or more extensive historical accounting. Learn more about our Form 1099-DA reconciliation services.
Cryptocurrency accounting requires an understanding of wallet transfers, DeFi transactions, staking, NFTs, and cost basis across multiple exchanges and blockchains. Camuso CPA has specialized in digital asset tax and accounting since 2016, with experience reconstructing complex transaction histories and analyzing their tax consequences. Explore our Crypto CPA services.
Yes. Our specialist practice serves clients throughout the United States and works with international clients where appropriate. Most engagements are conducted remotely, with secure document sharing and direct communication with our accounting and tax team.
The treatment depends on the transaction. Staking rewards are generally included in income when the taxpayer obtains dominion and control over them. Token swaps, liquidity pool activity, lending arrangements, and other DeFi transactions may involve different tax consequences depending on the rights exchanged and the income received. Accurate transaction records are essential for determining the appropriate reporting. Learn more about cryptocurrency accounting.
Camuso CPA became the first U.S. CPA firm to accept cryptocurrency payments for professional services. Read the original announcement.
The first step is to establish which years are affected, what records are available, and whether the IRS has already contacted you. Historical accounting may be necessary to determine income, gains, losses, and cost basis before preparing outstanding or corrected returns. We assist with both the accounting work and related IRS matters. Explore our crypto tax resolution services.
We regularly work with investors whose records contain missing transactions, unreconciled wallet transfers, or unsupported cost basis. Depending on the gaps, we may need to reconstruct historical activity before a tax return can be completed accurately. Our crypto cost basis reconstruction services address these issues.
Camuso CPA is led by Patrick Camuso, CPA, recognized by Forbes as a Best-in-State Top CPA in 2025 and 2026. He has co-authored research published in Tax Notes on digital asset taxation and prediction market tax classification. His work also includes historical accounting, Web3 businesses, and professional trading. Learn more about Camuso CPA.
Prediction market profits generally create federal tax reporting obligations, but the applicable treatment depends on the contracts, how positions are closed or settled, and the trader's circumstances. Different tax frameworks can affect income characterization, timing, and loss deductions. Camuso CPA provides specialized prediction market tax analysis and reporting for complex trading activity.
Yes. We work with professional traders, proprietary trading firms, and market makers on historical accounting, high-volume transaction reconciliation, trading subledgers, settlement accounting, and company financial reporting. Our engagements can include accounting, tax analysis, or coordinated ongoing services. Explore our prediction market accounting services.
We help crypto investors, traders, founders, and blockchain powered businesses streamline taxes, clean up books, and build financials.
