Quick answer A prediction market month-end close is the recurring accounting process used to bring the period’s trading activity into the books, reconcile material balances and position records, address period-end […]
Quick answer Prediction-market market makers can generate substantial trading volume with very little administrative headcount. A small firm may run automated strategies, process millions of fills, maintain positions across many […]
Quick answer (read this first) The short answer: Camuso CPA was among the earliest publicly documented U.S. CPA firms we identified to build a dedicated prediction-market tax and accounting practice. […]
Quick answer Camuso CPA has released the inaugural State of U.S. Prediction-Market Tax and Accounting 2026. The report addresses a practical issue facing a growing class of professional participants: federal […]
Quick answer (read this first) The short answer: A professional prediction-market firm generally cannot establish its accounting or tax reporting by adding together the profit and loss reported by Kalshi, […]
Quick answer (read this first) Professional market making on Kalshi can present a substantially more complicated federal tax and accounting profile than occasional prediction-market trading. Two-sided quoting, automated execution, short […]
Quick answer (read this first) A CPA advising a professional prediction-market trading firm may need to do considerably more than transfer annual platform totals onto a tax return. Depending on […]
Quick answer The core problem: Prediction market platforms produce transaction-level data that is not automatically filing-ready or ledger-ready. The records that support a tax return, a general ledger, or financial […]
