Last Updated on September 25, 2025 by Patrick Camuso, CPA
Why Recognition Matters in Crypto Tax
In today’s fast-paced financial world, staying ahead of regulatory changes and technological advancements is not optional for crypto investors and businesses. The rise of digital assets has brought unprecedented opportunities but also serious complexity. Camuso CPA was founded to meet that challenge early, with the vision of building tax and accounting systems for the future of finance.
Long before institutional adoption or formal tax laws existed, our firm was serving clients in cryptocurrency and blockchain. Since 2016, we have been on the front lines, helping clients understand crypto taxation and navigate compliance. By 2019, the IRS began asking every taxpayer about cryptocurrency involvement, signaling a new era of digital asset enforcement. Today, with exchanges reporting directly to the IRS and more detailed forms coming into play, precision in crypto tax reporting is essential.
Forbes named us one of the Best-in-State CPA firms in 2025, recognizing our foresight, expertise, and leadership in the crypto tax space. But our real impact lies in the strategies and systems we’ve built for clients long before the market caught up.
Now in Forbes: How Camuso CPA Became Forbes’ Model for Crypto Accounting Excellence
Forbes has taken a step beyond recognition, publishing a full-featured profile detailing how Camuso CPA isn’t just a player in the crypto accounting space, but the leading firm powering it from its earliest days to today’s mainstream adoption.
“Camuso CPA is leading the charge on crypto accounting.” — Forbes
In the story titled “Leading the Charge on Crypto-Accounting,” Forbes spotlights:
- Crypto is no longer a niche experiment. It now powers cross-border payments, digital treasuries, and mainstream commerce. With IRS notices and DOJ indictments rising, compliance has shifted from optional to essential.
- In 2016, when most CPAs turned away Bitcoin miners and investors, Camuso CPA stepped in to fill the void. That first client showed how far innovation had outpaced traditional tax systems.
- Over the last decade we’ve rebuilt thousands of investor portfolios into audit-ready financials, saving clients millions in taxes, correcting miscategorized transactions, and resolving years of missing cost basis.
- As founders launched marketplaces, funds, and platforms, we’ve uncovered hidden tax exposures, implemented automations that saved 15+ hours monthly, and ensured audit readiness for firms processing tens of millions of transactions.
- Today, our role extends beyond tax filing into token compensation, treasury strategy, estate coordination, family office systems, and AI-enabled accounting frameworks.
- Forbes underscored our belief that the next generation of accounting firms won’t retrofit legacy models. They’ll be designed crypto-native and AI-enabled, safeguarding wealth across blockchains, borders, and regulatory shifts.
Read the full Forbes feature →
Building Systems Before the Market Was Ready
When we began serving crypto investors, existing frameworks couldn’t keep up with blockchain’s complexity. Our very first client, a Bitcoin miner, had been turned away by other firms. We built custom wallet-level tracking systems and advanced cost basis calculations to ensure accurate reporting for him. Those solutions became the foundation for our broader practice.
Since then, we’ve:
- Recovered over $1 million in tax value from token misclassification errors.
- Prevented $200,000 in sales tax exposure for Web3 startups pre-launch.
- Reconstructed more than 45 wallets to calculate tax implications.
- Saved clients $775,000 in missed savings while automating reconciliation that saves 15+ hours each month.
Our approach is simple: every transaction must be accounted for. Even unintentional errors in crypto tax reporting can be treated as fraud, carrying penalties and serious financial consequences. We ensure every client has peace of mind that their reporting is audit-ready.
Who We Serve
We work with the full spectrum of the digital asset economy. That includes:
- High-net-worth crypto investors seeking advanced planning and audit protection.
- Web3 founders and DAOs building scalable, compliant accounting systems.
- Bitcoin miners operating at infrastructure scale.
- Fintech and ecommerce companies integrating blockchain.
- Digital creators monetizing through NFTs and tokenization.
- Corporations managing crypto treasuries and real-world asset initiatives.
From NFTs to staking, DeFi liquidity pools to mining, every taxable event is tracked and reported according to IRS guidelines. Our detailed reports and Form 8949 filings ensure accuracy in gains and losses, no matter how complex the portfolio.
How We Work on Cryptocurrency Tax Reporting
Traditional tax services can’t handle the complexity of crypto. Our system-driven approach is designed for digital assets and Web3.
Cryptocurrency Tax Planning
We design strategies to minimize tax exposure, optimize gains, and ensure compliance. This includes accurate capital gain calculations, tax-loss harvesting, and planning around evolving crypto tax laws.
Cryptocurrency Tax Preparation
Our audit-grade reporting imports data from multiple wallets and exchanges, prepares necessary forms, files returns, and generates reports designed to withstand IRS scrutiny.
Web3 Accounting
We provide bookkeeping, controller support, and DAO-specific accounting. Complex business models involving liquidity pools and DeFi are tracked with precision, giving businesses financial security.
Web3 Sales Tax Compliance
We conduct nexus evaluations, manage multi-state registrations, and map NFT and token sales tax obligations across jurisdictions.
IRS Tax Resolution
If clients face audits or penalties, we offer defense, cleanup, and penalty management. Our expertise ensures quick resolution and restored compliance.
Outsourced CFO Services
For high-growth crypto companies, we provide entity structuring, treasury management, cross-border planning, and wallet-level reconciliation. AI-enhanced transaction parsing ensures audit-ready documentation from day one.
Our View on Crypto Regulations
Camuso CPA is more than a service provider, we’re a strategic partner to founders, CFOs, and investors. We help bridge the gap between blockchain innovation and tax compliance. By educating clients and publishing thought leadership, we empower the community to make informed decisions in a shifting regulatory landscape.
We’ve trained CPAs, collaborated with policy experts, and built proprietary strategies like SegFIFO™ and Crypto Merchant Compliance™ to keep clients ahead of both innovation and enforcement.
Leading the Profession
Our recognition by Forbes is an honor, but our mission is forward-looking. We aim to shape the future of crypto tax accounting through education, training, and system-building. As regulations evolve, we ensure the profession stays aligned with the technology it supports.
In an industry often compared to the wild west, we provide a trust layer between crypto innovation and compliance, ensuring that every tax report is precise, defensible, and strategically optimized.
A Layer of Trust
In a regulatory wild west, Camuso CPA is the trust layer between crypto and compliance. We guide clients through the entire process of calculating, reporting, and preparing their tax return for taxes on cryptocurrency transactions with precision and confidence.
With the complexity of taxable gain calculations and evolving cryptocurrency tax laws, expert guidance from a crypto tax accountant is essential. Calculating real taxable gains from cryptocurrency involves complex calculations due to evolving laws, making specialized expertise in this area crucial.
Key Takeaways
- Forbes recognized Camuso CPA as a Best-in-State CPA firm in 2025 for leadership in crypto tax.
- Our proprietary systems help recover millions in lost value and prevent costly mistakes.
- We serve the entire crypto economy, from high-net-worth investors to Web3 founders and DAOs.
- Our services cover planning, reporting, accounting, compliance, tax resolution, and outsourced CFO support.
- Camuso CPA acts as the trust layer between crypto and compliance, shaping the future of the profession.
FAQs
Why was Camuso CPA recognized by Forbes? Forbes awarded us Best-in-State CPA in 2025 for our excellence in crypto tax services and leadership in the profession.
What types of clients do you serve? We work with crypto investors, Web3 founders, DAOs, miners, fintech companies, NFT creators, and corporations with digital assets.
What is SegFIFO™? SegFIFO™ is our proprietary tax methodology designed to optimize cost basis reporting for crypto portfolios.
How do you protect clients from audits? We create audit-grade documentation, ensure every transaction is reported, and provide direct audit defense when needed.
Do you only serve clients in the U.S.? While we specialize in U.S. tax law, we also work with clients managing cross-border assets and international structures.
Where Recognition Ends, Strategy Begins
Being recognized by Forbes as a top CPA firm is an honor, but our mission is forward-looking. As the subject of cryptocurrency tax gets more complex, expert crypto tax strategy will be the competitive advantage for investors, founders and businesses.
Camuso CPA can help you protect your digital assets and stay ahead of the regulatory curve. Schedule your personalized crypto tax consultation today. Our customized services address your specific tax situation, ensuring you understand what you owe providing the expertise and advice you need to navigate cryptocurrency tax compliance and reporting with confidence.
Consultation services include a scheduled call to discuss your questions and concerns so you get personalized guidance tailored to your needs, supported by our firm .
