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
Founded in 2016, Camuso CPA specializes in tax and accounting for high-net-worth crypto investors, Web3 businesses, and professional trading firms operating in digital assets, prediction markets, and perpetual futures. The firm is led by Patrick Camuso, CPA, a Forbes Best-in-State Top CPA in 2025 and 2026.
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 →Patrick Camuso founded Camuso CPA in 2016 after recognizing the accounting and tax challenges digital assets would create, well before much of the accounting and tax profession had begun to address them. Traditional firms were largely ignoring crypto. The few that touched it were applying conventional frameworks to unfamiliar transactions, often producing incomplete or inaccurate results.
Camuso CPA became the first CPA firm in the United States to accept cryptocurrency for professional services. We built our practice inside the digital asset ecosystem from day one because that was the only way to develop the expertise our clients actually needed.
Since then, we have advised investors and businesses through multiple market cycles, enforcement waves, and regulatory changes, with work ranging from reconstructing a decade of missing cost basis records to building accounting systems for Web3 startups. We have continued to identify and address emerging accounting and tax challenges as new financial markets develop, including the rapid growth of prediction markets, perpetual futures, and professional trading operations.
Today, our work covers cryptocurrency tax preparation and planning, cost basis reconstruction and historical accounting remediation, Form 1099-DA compliance and reconciliation, IRS notice response and audit defense, Web3 accounting and tax compliance, and prediction market tax and accounting. We also advise professional traders, proprietary trading firms, and market makers operating across prediction markets, perpetual futures, and other derivatives. Our clients include high-net-worth investors, DeFi traders, multi-chain operators, Web3 founders, and trading businesses across the country and internationally.
Our research on digital asset taxation and prediction market tax classification has been published in Tax Notes and cited by the Tax Law Center at NYU School of Law. Our work has also been featured in Bloomberg Tax, Business Insider, and MarketWatch.
We were among the first CPA firms to offer dedicated prediction market tax and accounting services for professional traders and market makers, addressing complex tax characterization, high-volume transaction reconciliation, financial reporting, and compliance. We continue to help digital asset investors navigate Form 1099-DA reporting requirements while expanding our tax and accounting expertise across emerging financial markets.
Prediction market traders are on the Prediction Market CPA page.
Patrick Camuso is the founder and managing director of Camuso CPA. Before launching the firm, he worked at Deloitte, advising leading asset managers on financial accounting and fund taxation. He holds degrees in Accounting and Finance from Montclair State University.
An early adopter of Bitcoin, Patrick recognized the accounting and tax challenges digital assets would create well before much of the profession began addressing them. He founded Camuso CPA in 2016, establishing one of the country’s earliest practices specializing in cryptocurrency tax, accounting, and advisory services.
Since then, Patrick has continued to identify and address accounting and tax challenges as new financial markets develop. His work has evolved from historical cost basis reconstruction and complex digital asset tax reporting to Web3 business accounting, prediction market taxation, and high-volume trading operations. He now advises professional traders and market makers on tax characterization, transaction reconciliation, and financial reporting, with his expertise extending into perpetual derivatives. His client work also informs his published research and contributions to professional guidance on emerging financial markets.
Patrick serves on the AICPA Digital Asset Tax Task Force and has co-authored research published in Tax Notes with a former head of the IRS Office of Digital Assets and co-author of the Section 6045 digital asset broker regulations. His prediction market tax research has been cited by the Tax Law Center at NYU School of Law, and his work has been featured in Bloomberg Tax, Accounting Today, Business Insider, MarketWatch, and other major publications.
Patrick is also an author of books on digital asset taxation and compliance. He develops and teaches CPE-accredited courses on digital asset accounting and taxation and has spoken at ETHDenver and other industry conferences. He hosts The Financial Frontier, a podcast featuring former senior IRS officials, tax policy attorneys, academic researchers, and financial industry leaders, and publishes The Digital Asset Digest, covering developments in digital asset taxation, accounting, and compliance.
Patrick was recognized by Forbes as a Best-in-State Top CPA in 2025 and 2026 and is a member of the Forbes Business Council.
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.
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 third-party 1099-DA data with reconstructed cost basis records to prevent mismatches, restore reporting continuity, and prepare defensible crypto tax filings.
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.
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.
Specialized U.S. tax reporting and accounting for prediction market traders, including Polymarket, Kalshi, USD-settled and crypto-settled contracts.
Specialized accounting for prediction market traders, including Polymarket, Kalshi, USD-settled and crypto-settled contracts.
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."
We follow the facts, document material assumptions, and explain uncertainty when the accounting or tax treatment isn't clear.
Our experience spans complex digital asset portfolios, Web3 businesses, and professional trading. We examine the underlying transactions and apply the relevant accounting and tax rules.
We explain the issues, the available options, and the reasoning behind our recommendations so clients can make informed decisions.
We establish the scope of each engagement, communicate issues as they arise, and deliver documented work that supports tax filings, financial reporting, and future planning.
Whether you need historical crypto cost basis reconstructed, Form 1099-DA reconciled, an IRS notice resolved, Web3 accounting systems built, or specialized tax and accounting for prediction market traders, proprietary trading firms, and market makers, Camuso CPA brings the experience and technical expertise to handle your most complex accounting and tax challenges.
We work with high-net-worth cryptocurrency investors, Web3 businesses, professional traders, proprietary trading firms, and market makers. Our clients include investors with complex multi-wallet portfolios, DeFi participants, blockchain startups, and trading operations active in prediction markets and perpetual futures. We also serve select private clients with complex tax needs.
Yes. Our specialist practice serves clients throughout the United States and works with international clients where appropriate. We work remotely using secure document sharing and direct communication with our accounting and tax team.
Patrick Camuso leads the firm's specialized accounting and tax practice. Our accounting and tax professionals perform work according to their expertise, with Patrick involved in technical analysis, planning, and review appropriate to each engagement.
Historical accounting and tax remediation are a significant part of our practice. We work with investors who have years of missing transactions, incomplete cost basis, unfiled returns, or inaccurate prior reporting. We reconstruct historical records, evaluate the tax consequences, and determine which corrections or filings are required.
Our engagements are scoped and priced in advance based on the complexity of the work, the available records, and the services required. Historical accounting, tax planning, technical advisory, and ongoing services are structured around defined deliverables, with additional work agreed upon separately.
Yes. Clients often come to us with missing transactions, incorrect cost basis, unreconciled transfers, or reporting discrepancies, including differences involving Form 1099-DA. We examine the underlying activity, correct the accounting where needed, and evaluate whether prior tax returns require amendment. Learn more about crypto cost basis reconstruction.
Yes. We advise professional traders, proprietary trading firms, and market makers operating on platforms such as Kalshi and Polymarket. Our work includes event contract tax analysis, high-volume transaction reconciliation, trading subledgers, historical accounting, financial reporting, and tax compliance. Learn more about our prediction market accounting services.
We begin by reviewing your activities, existing records, and the accounting or tax issues involved. We then establish the scope and deliverables. Depending on the engagement, our work may include historical reconstruction, tax analysis, financial reporting, IRS resolution, or ongoing accounting and tax planning.
Professional assistance may be appropriate when your activity involves multiple wallets, exchanges, or DeFi protocols, missing cost basis, significant dispositions, or uncertain tax treatment. Software can help organize transaction data, but complex records and reporting positions may require additional accounting and tax analysis, particularly when the amounts involved are substantial.
Contact Camuso CPA with an overview of your situation and the services you need. We'll review the information, determine whether the engagement is a good fit, and explain the next steps. More complex matters may require an initial assessment before the full scope of work is established.
Related firm pages: Forbes Best-In-State Top CPA, Case Studies.
