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.
- Crypto-Native. AI-Enabled. Category-Defining.
Behind on Your Crypto Taxes? Get on Track to Full Audit-Readiness.
Recognized by Forbes as a 2025 Best-in-State Top CPA
Featured in Forbes for Leading the Charge on Crypto Accounting: Read the Forbes Feature
Our crypto-native CPA team transforms fragmented wallets and exchanges into IRS-defensible books you can trust.
The only Forbes Best-in-State Top CPA firm built crypto-native since 2016. Trusted worldwide by investors, founders and funds.
As featured in the world’s most respected outlets shaping global finance and digital assets:
Audit-Ready Crypto Accounting, Built for Serious Investors
Our proprietary Digital Asset Compliance System™ transforms disorganized crypto portfolios into clean, IRS-defensible accounting records. From on-chain accounting through final filings, every step is engineered for accuracy, transparency, and long-term compliance.
Step 1: Private Consultation & Portfolio Assessment
- Discuss cryptocurrency history.
- Discuss compliance history.
- Conduct a detailed review of all prior-year returns (1040, 1120, 1065, etc.), with emphasis on high-risk or high-value transactions.
- Conduct a detailed review of all transactions across exchanges and wallets.
- Custom Roadmap detailing cleanup, IRS defense, and tax strategy integration.
- First step towards Digital Asset Tax Blueprint™.
Step 2: Fixed-Fee Engagement & Onboarding
- Provide a transparent, fixed-fee proposal
- Once engaged, intake of wallets, exchanges, DeFi, NFTs, and entities.
Step 3: On-Chain Accounting & Reconciliation
- Our proprietary on-chain accounting system.
- Normalizes data across platforms, validates completeness, categorizes transactions, and confirms pricing.
- Leverages accounting tools, on-chain analysis, and firm-built scripts to deliver audit-ready reconciliation.
Step 4: IRS Compliance & Tax Resolution (If Needed)
- Address prior year notices, amend returns, resolve disputes.
- Deliver battle-tested IRS defense documentation.
Step 5: Tax Filing & Ongoing Compliance
- Deliver compliant, accurate filings across federal, state, and international requirements.
- Ensure IRS-ready reports withstand cross-checks under 1099-DA enforcement.
Step 6: Tax Planning & Quarterly Advisory
- Proprietary planning framework that converts cleanup into a forward-looking strategy.
- Ensure IRS-ready reports withstand cross-checks under 1099-DA enforcement.
The Most Expensive Crypto Tax Mistake? Waiting
- Crypto portfolios don’t self-correct. Unreconciled wallets create hidden taxable gains and double-counting.
- 1099-DA enforcement has begun. Every exchange is reporting to the IRS. 1099-DA forms will expose mismatched or missing transactions.
- Revenue Procedure 2024-28 took effect January 1, 2025. If your documentation, allocations, and accounting method changes aren’t in place, you’re already late.
- Lost wallets, shut-down exchanges and disappearing data grows with delay and makes reconciliation harder and more expensive.
- Every year without planning is a year of overpaid taxes and lost wealth.
Over 10 Years at the Forefront of Crypto Accounting
With over a decade of crypto-native tax expertise, we’ve reconciled millions in digital asset transactions into IRS-defensible financials for high-net-worth investors, funds, and founders.
Built for Sophisticated Investors & Operators
High-Net-Worth Investors
Portfolio-level reconciliation and proactive tax planning.
Founders & Funds
Full-scope accounting and reporting systems.
Consultants & Professionals with Crypto Income
Accurate income tracking, expense classification, and entity optimization across portfolios and token comp.
Web3 Operators & Entrepreneurs
Integrated accounting frameworks aligned with current IRS and GAAP guidance.
Not off-the-shelf crypto tax for casual traders. If your portfolio or project has outgrown basic software, we’ll show you how to get enterprise-grade accounting for digital assets.
Enforcement is Accelerating (And the Rules Have Changed)
The IRS has quietly rewritten how crypto accounting works.
As of January 1, 2025, Revenue Procedure 2024-28 requires new cost-basis methods, allocations, and documentation across all wallets and exchanges.
At the same time, Form 1099-DA now reports digital-asset activity directly to the IRS. Outdated records and unfiled years will surface automatically, creating exposure for investors who haven’t updated their books.
The IRS has already sent thousands of crypto tax notices. With 1099-DA now live, every exchange will report to the IRS. Camuso CPA ensures your records match before the IRS cross-checks them
Only With Us
No off-the-shelf software can deliver the accuracy, defensibility, and strategy we provide. Our team rebuilds crypto records from the ground up by aligning every wallet, chain, and transaction with IRS standards and long-term planning goals.
With deep roots in institutional tax and a decade of crypto-native experience, we’ve become the category defining firm firm for crypto investors and founders who need audit-proof precision, not just another “Koinly file” or software plug.
This is why Forbes said we’re “Leading The Charge on Crypto Accounting”. Only 1% of CPAs nationwide earn Forbes Best-in-State Top CPA recognition. Camuso CPA is the only one built crypto-native that is AI-enabled with battle tested exclusive frameworks & methodologies.
Over 10 Years at the Forefront of Crypto Accounting
Since 2016, Camuso CPA has reconciled millions of digital asset transactions into IRS-defensible financials. With over a decade of crypto-native tax expertise, we safeguard high-net-worth investors, founders, and funds against enforcement while building long-term tax strategies.
Camuso CPA is led by a Certified Public Accountant (CPA). Our team combines Big-4 institutional tax and accounting pedigree with crypto-native expertise, delivering enterprise-grade tax strategy, proprietary reconciliation processes and on-chain accounting systems to digital asset investors and founders.
IRS Crypto Reporting Has Quietly Changed. Are You Behind?
As of January 1, 2025, the IRS rewrote how digital-asset accounting must be done. Revenue Procedure 2024-28 requires updated documentation, allocations, and accounting methods that most investors and advisors still haven’t implemented.
With new 1099-DA reporting rolling out across major exchanges, gaps between exchange data and your prior filings will soon surface, creating compliance exposure for anyone who hasn’t updated their records.
Trusted by High-Net-Worth Investors, Web3 Founders, Consultants & Funds
Proven Results: Millions in Tax Savings & Audit-Ready Financials
Results
Total Tax Savings:
$ 275,000 +
Total Time Savings:
Saved $275,000+ in IRS Liabilities with Strategic Tax Resolution and Clean-Up
A high-volume DeFi investor came to us after receiving an IRS 6174-A notice and years of unfiled crypto activity. Before reaching out to our firm to resolve their crypto tax issues, they had tried using three crypto tax software platforms and hired two other accounting firms—none of which produced accurate results. We reconstructed their entire crypto tax history, cleaned up seven years of accounting, and successfully negotiated an Offer in Compromise with the IRS.
Results
Total Tax Savings:
$ 500,000 +
Total Tax Deferral:
Recovered Millions in Overstated Gains and Built an Accurate Crypto Tax System from 2016–Present
Jonathan
Jonathan, a high-net-worth crypto investor active since 2016, came to us after multiple failed attempts with top crypto tax software and two CPA firms. Their reports overstated his gains by millions, misclassified transactions, and ignored 30+ wallets, 15+ exchanges, margin trades, DeFi activity, and NFTs across 10+ chains. He also received inaccurate 1099s with no cost basis tracking.
Our team rebuilt his accounting system from the ground up—accurately reconciling every transaction from 2016 to the present. We corrected misreported 1099s, cleaned up his books, and implemented an ongoing crypto-native tax strategy. By identifying loss harvesting opportunities and creating accurate filings, we saved Jonathan substantial money and ensured IRS compliance.
Results
Total Tax Savings:
$ 300,000+
Total Time Savings:
20 Hours+
Saved $300,000+ in Future Liabilities by Structuring a Compliant Token Launch
William
A Web3 startup came to us during a critical phase—raising funds through a SAFT and preparing for their Token Generation Event (TGE). We delivered a full tax plan that restructured their token allocations, reduced their future tax liabilities by over $300,000, and avoided major compliance risks.
We also implemented a crypto-native accounting system with integrated sub-ledgers and automation, saving the team 20+ hours weekly in manual accounting. Our ongoing support as their Web3 CFO continues to keep their books investor-ready and their strategy compliant.
Results
Operational ROI: $75,000+
Time Savings: 120+ hours monthly across founders and ops
Built an Investor-Ready Financial Model After Revamping a Web3 Startup's Back Office
Chad
A rapidly scaling, seed-stage Web3 startup engaged us to overhaul their back office systems, which lacked investor-grade reporting and reliable financial infrastructure. We began by cleaning up their accounting stack and rebuilding workflows to ensure accurate, real-time visibility. From there, we implemented a full-stack CFO solution—introducing structured budgeting, forecasting, and token comp reporting. Our work enabled them to support board reporting, streamline investor communications, and scale operations with confidence.
Results
Total Tax Savings:
$ 750,000 +
Total Time Savings:
Rebuilt Accounting for Crypto Fund with 50M–100M Trades Per Year
Jonathan
A crypto fund executing between 50 and 100 million transactions annually required a full accounting overhaul. We retroactively cleaned up three years of high-volume data, designed a crypto-native sub-ledger system, and delivered audit-ready financials. Our scalable architecture supports real-time trade tracking, institutional compliance, and long-term fund operations.
Results
Total Tax Savings:
$ 2.4 Million
Total Time Savings:
Optimized Bitcoin Mining Operations to Save $2.4M Through Depreciation Strategy & Accounting Overhaul
Paul
Paul, the managing partner of a successful Bitcoin mining company, sought our firm’s assistance for tax planning. Our collaborative efforts led to significant tax-saving strategies for his business. Furthermore, our guidance allowed Paul to gain clarity on accelerating depreciation schedules for purchased equipment and assets. Moreover, our firm aided Paul in setting up and updating his accounting system to ensure accurate records for past transactions. This enhancement provided comprehensive financial visibility and facilitated precise tax planning and compliance strategies.
Results
Tax Risk Mitigation:
$1M+ in potential tax exposure prevented
Total Time Savings:
Prevented $1M+ in Future Liability by Automating Web3 Sales Tax With On-Chain Software & Strategic Advisory
William
A Web3 NFT marketplace founder approached us ahead of launch, unsure how to manage evolving U.S. sales tax obligations for digital goods and tokenized assets. We identified critical nexus exposure across multiple states and advised them on a compliant platform structure—before any sales occurred.
Our team implemented a tailored on-chain sales tax automation solution, integrating it with their smart contract and payment flows. In addition to ensuring tax compliance from day one, we provided strategic advisory on jurisdictional risk, token classification, and reporting frameworks.
By proactively correcting the platform architecture and automating sales tax at the protocol level, the company avoided regulatory risk, saved months of legal cleanup, and protected themselves from $1M+ in future tax liability.
Start Your Private Crypto Tax Assessment
Meet Patrick Camuso, CPA:
The Forbes-Recognized Leader in Crypto Accounting
Patrick Camuso, CPA, is one of the nation’s foremost experts in digital asset taxation and accounting. Beginning his career serving hedge funds and investment managers at Deloitte, Patrick became an early crypto adopter and built one of the first CPA firms designed exclusively for crypto investors and web3 founders.
Today, he is the only Forbes Best-in-State Top CPA firm built crypto-native, a national speaker, author, and host of The Financial Frontier podcast. His proprietary frameworks including ChainRecon™, SegFIFO™, and the Digital Asset Compliance System™ have safeguarded investors with millions in IRS-defensible tax savings.
Patrick’s insights have been featured in Forbes, Financial Times, Accounting Today, CoinMarketCap, and Vice, where he is recognized as a category-defining authority trusted by high-net-worth investors, funds, and Web3 pioneers worldwide.
“Leading the Charge on Crypto Accounting”
— Forbes
Reserved for Elite Investors & Founders
We limit the number of crypto cleanup assessments each quarter to ensure white-glove quality and personalized attention. Priority is given to high-net-worth investors, founders, and complex portfolios.
This exclusivity ensures every engagement receives the depth and rigor required to withstand IRS and investor scrutiny.
Institutional-Grade Compliance & Security
Your portfolio data is protected with the same rigor trusted by funds and institutional investors:
- Bank-Level Encryption: all transfers secured with AES-256 standards
- Confidential Handling: strict NDAs and multi-layer access controls for all staff
- Secure Storage: all client data handled via enterprise-grade systems including Citrix ShareFile secure transfer
- Trusted by HNW Clients Worldwide: from 7–9 figure investors to Web3 funds and founders
Every engagement is handled with uncompromising privacy, giving you confidence that your financial data remains secure before, during, and after the accounting cleanup and tax process.
Why Cryptocurrency Investors Choose Camuso CPA Over Every Alternative
Other firms and software leave gaps that become costly when the IRS investigates. Camuso CPA delivers the only AI-enabled, proprietary, end-to-end system built crypto-native since 2016 that’s trusted by Forbes and proven in client service.
| Key Evaluation |
 |
💻Crypto Accounting Software | Generic CPA Firms | Other Crypto CPA Firms | ⚖️Crypto Tax Law Firms | 🏢 Big Four Firms | Regional Firms |
|---|---|---|---|---|---|---|---|
| Exclusive Frameworks & Methodologies | ✅ Digital Asset Compliance System™ | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ |
| Category Defining FIrm & Industry Recognition | ✅ Forbes Best-In-State Top CPA (only crypto native firm recognized) | ❌ | ❌ | ❌ | ❌ | ❌ | ❌ |
| Coverage of Complex Crypto (DeFi, NFTs, DAOs, OTC) | ✅ Fully supported | ⚠️ Limited, inconsistent | ❌ | ⚠️ Partial, inconsistent | ❌ | ❌ | ❌ |
| Integrated Crypto Accounting → Tax → Advisory | ✅ Integrated under one roof | ❌ | ❌ | ⚠️ Cleanup-only, no planning | ❌ Legal-only | ⚠️ Traditional advisory, not crypto-specific | ⚠️ Traditional advisory, not crypto-specific |
| Forward-Looking Tax Strategy | ✅ Digital Asset Tax Blueprint™ | ❌ | ⚠️ Basic, generalized | ⚠️ Basic, reactive | ⚠️ Legal structuring only | ⚠️ Advanced for corporates, but not crypto-native | ⚠️ Conservative, not crypto-specific |
| Fund, DAO & Business Structuring Support | ✅ Specialized fund/DAO/entity support | ❌ | ❌ | ❌ | ⚠️ Legal structuring, no accounting | ✅ Strong corporate entity support, not crypto-native | ⚠️ Limited, mostly domestic |
| Total Value Delivered | ✅Crypto-native, audit-proof, white-glove, proactive strategy | 💸 Cheap, error-prone, audit risk | 💲 Moderate, lacks crypto depth | 💲💲High fees, inconsistent quaility, limited depth | 💲💲💲 Very high fees, narrow legal scope | 💲💲💲💲Very high fees retainers ($100K+), not tailored for individuals | 💲💲💲 High-mid fees, inconsistent quaility, limited depth |
We collaborate with leading platforms and networks to ensure our clients receive best-in-class support, integrations, and data coverage.
Start Your Private Crypto Tax Assessment
Help us understand your needs so we can deliver the clarity and strategy your digital assets deserve.
📞 Contact us at (704) 249-3179
What to Expect in Your Private Crypto Tax Assessment
Your assessment is a structured review, not a sales call. In one confidential session, we identify where your crypto accounting stands, what’s missing, and how to become fully audit-ready.
1
Private consultation to discuss your records, tax history, and IRS concerns.
2
Our team evaluates accounting records and historical filings to determine the true state of your crypto data and design a fixed-fee cleanup plan.
3
You’ll receive a documented action plan showing exactly how to reconcile your data, address compliance risks, and align with current IRS guidance.
1
Confidential call to review your current records
2
Preliminary audit-risk & transaction analysis
3
Delivery of assessment + roadmap for cleanup & strategy
Crypto Tax & Acccounting FAQ
What services does Camuso CPA offer to crypto investors and Web3 startups?
We provide end-to-end crypto tax preparation, crypto accounting, crypto tax planning, IRS resolution, Web3 accounting, subledger integration, and CFO advisory services tailored for digital assets.
What’s the best way to clean up inaccurate crypto reports?
The best way is to conduct a wallet-level reconciliation from your earliest transaxtion using accounting softwares, subledgers and tracking across wallets, chains, and exchanges with various tools.
How do you file crypto taxes for high-volume DeFi traders?
We use detailed transaction-level accounting and IRS-aligned classifications for yield, staking, lending, and gas then file compliant returns with audit defense baked in.
What happens if I haven’t reported crypto taxes for previous years?
We reconstruct your history, file back returns, and resolve any IRS issues with Offer in Compromise or penalty abatement strategies.
What’s the difference between Camuso CPA and generic crypto tax software?
Software often fails with DeFi, staking, NFTs, and wallet-to-wallet transfers. We reconcile everything with expert precision,backed by licensed CPAs.
Do you serve clients nationwide or only in North Carolina and Tennessee?
We serve clients globally but operate from Charlotte, NC and Knoxville, TN, two emerging hubs for crypto finance and fintech innovation.
What is cryptocurrency accounting and why is it essential for crypto investors?
Cryptocurrency accounting tracks, categorizes, and reconciles all your digital asset activity from trades to staking rewards in order to ensure tax compliance and accurate reporting. Without it, investors risk overpaying taxes, triggering audits, or missing key deductions.
What crypto bookkeeping tools does Camuso CPA support (e.g., CoinTracking, Koinly)?
We support all major platforms, CoinTracking, Koinly, Cointracker, Awaken, custom CSVs and many more. For Web3 companies, we integrate directly with wallets and general ledgers for seamless accounting.
How long has Camuso CPA been working in crypto?
We’ve served crypto investors and startups since 2016, long before it became mainstream.
What is Form 1099-DA and how will it impact crypto investors starting in 2025?
Starting with tax year 2025, exchanges like Coinbase and Kraken will be required to issue Form 1099-DA to both the IRS and users, reporting gross proceeds from digital asset sales. This is a major shift in crypto tax compliance. The IRS will now have direct visibility into your crypto activity, similar to how stock brokerages report 1099-B forms.
Camuso CPA helps clients prepare for this new regulation by ensuring:
Wallet and exchange records are already reconciled
Your tax filings match what the IRS will soon receive
Any historical gaps or over-reporting risk are corrected before enforcement begins
Failing to prepare for 1099-DA matching could trigger audits, CP2000 notices, or IRS penalties. We help you stay one step ahead.
What’s the best way to reduce crypto tax liabilities?
Through proactive tax planning using loss harvesting, gain deferral, entity structuring, and exemption optimization tailored to your portfolio and state of residence.
What if I need to clean up multiple years of crypto taxes but I’m missing exchange data?
If you're missing records from old or defunct exchanges (like FTX, Cryptopia, BlockFi, etc.), you're not alone. Many crypto investors fall behind on tax filings due to lost or incomplete data. At Camuso CPA, we specialize in forensic crypto accounting.
Our team:
Reconstructs trading history from blockchain wallets, bank statements, and CSV fragments
Uses tools like CoinTracking and manual reconciliation for accuracy
Fills in missing cost basis and transaction details in a defensible, audit-ready format
Files back taxes, amends prior returns, and negotiates with the IRS if notices have already been issued
Whether you’re behind one year or ten, we’ll get your books clean and protect you from penalties even if you're missing exchange records.
Do I need to track every wallet and exchange for proper crypto reporting?
Yes. IRS rules require full portfolio transparency. That means every wallet, CEX, DEX, and bridge must be tracked. We consolidate data from 10–100+ sources per client using smart parsing tools and custom reconciliations.
What are the risks of inaccurate crypto accounting or tax underreporting?
Misreporting crypto taxes can trigger audits, penalties, or even fraud charges. Many CPAs overlook DeFi, NFT, and wallet-based activity, exposing clients to major risk. We ensure bulletproof compliance with all IRS standards.
Was Camuso CPA really the first to accept crypto payments?
Yes, Camuso CPA was one of the first U.S. accounting firms to accept cryptocurrency directly for services, proving early crypto-native roots.
Is Camuso CPA recognized in the industry?
Yes, Camuso CPA was honored as a Forbes Best-In-State Top CPA in 2025 for excellence in client results and innovation in digital asset accounting.
What makes Camuso CPA different from other crypto CPA firms?
Unlike software-only shops or late entrants, we’ve been embedded in the ecosystem for over a decade, offering real regulatory insight, high-touch service, and elite financial strategy.
Does Camuso CPA offer crypto tax services for high-net-worth individuals?
Yes, our team specializes in structuring, planning, and filing for high-net-worth crypto investors with multi-million dollar portfolios, ensuring compliance and long-term tax efficiency.
Does Camuso CPA offer crypto accounting cleanups for prior tax years?
Absolutely. We specialize in crypto accounting cleanups, rebuilding your books from scratch using API exports, wallet records, and forensic data reconstruction. Most clients save thousands in taxes or avoid major audit penalties.
Who leads the team at Camuso CPA?
Camuso CPA is led by Patrick Camuso, a nationally recognized crypto tax expert and 2025 Forbes Best-In-State Top CPA, known for helping investors and founders navigate complex digital asset finance with precision.
