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 Since 2016. Built for the Digital Asset Compliance Era.
Cryptocurrency Accounting for Complex Digital Asset Portfolios
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
Accurate cryptocurrency accounting requires more than software. We reconcile every wallet, exchange, and protocol and deliver books that are audit-ready, IRS-aligned, and built to last
Nationally Recognized Crypto CPA Since 2016 and the first CPA firm in the U.S. to accept cryptocurrency for professional services.
Cryptocurrency Accounting Built for the Complexity of Digital Asset Portfolios
Most crypto portfolios accumulate errors silently. Wallet transfers misclassified as taxable sales. DeFi activity unreconciled. Cost basis fragmented across exchanges with no continuity between tax years.
Over 95% of crypto portfolios we review contain material reporting errors. Most investors discover this after receiving an IRS notice, not before.
Camuso CPA has operated exclusively in digital asset accounting since 2016 and is the first firm in the U.S. to accept cryptocurrency as payment, and one of the earliest practices built specifically for the complexity of on-chain portfolios. We reconcile multi-year transaction histories across CEXs, DEXs, cold wallets, DeFi protocols, and bridges.
We clean up back books, correct prior filing positions, and build a forward-looking tax strategy that accounts for the full reality of how digital assets actually move.
Work with a Crypto CPA who has seen every version of this problem, not a generalist encountering your transaction history for the first time.
For a deeper look at how we approach historical reconstruction and what restoring accurate records actually requires, read our guide: Crypto Cost Basis Reconstruction & Historical Accounting.
Our Cryptocurrency Accounting Process: From Onboarding to Ongoing Tax Strategy
Step 1: Cryptocurrency Accounting Onboarding Call
Meet 1-on-1 with your dedicated crypto CPA to review your wallet history, define your accounting goals, and map out a custom engagement. We identify risk areas, missing data, and opportunities to reduce your tax exposure from day one.
Step 2: Cryptocurrency Accounting System Setup, Implementation & Backlog Clean-Up
We build or optimize your crypto accounting system—integrating exchanges, wallets, and DeFi protocols. Then we dive deep to reconcile historical transactions, fix cost basis issues, and repair reporting gaps across prior tax years.
Step 3: Monthly, Quarterly, or Annual Cryptocurrency Accounting
Once your books are clean, we handle your ongoing accounting with precision. Whether you choose monthly, quarterly, or annual updates, you'll receive accurate financial reports and crypto portfolio summaries—ready for tax filing and audits.
Step 4: Ongoing Tax Advisory & Strategy
Get proactive guidance year-round. Your crypto CPA monitors regulatory changes, flags issues early, and helps you make tax-smart moves across NFTs, staking, bridging, DAOs, and token sales. We optimize your tax outcomes—not just file and forget.
Who We Help: Crypto Investors, Founders & Web3 Builders
From early Bitcoin adoption through today’s multi-chain digital asset ecosystem, we have advised investors and operators whose crypto exposure is financially material.
Our clients are not experimenting with digital assets. They are allocating capital, operating entities, issuing tokens, and managing portfolios that require historical accounting integrity, cost basis continuity, and defensible tax architecture.
Signs Your Crypto Accounting Needs Professional Attention
- You haven’t reported crypto on past tax returns and don’t know where to start
- Your wallets, trades, and staking income are scattered and unorganized
- Your current CPA doesn’t understand crypto and keeps asking you to “explain your transactions."
- You're worried about IRS notices, audits, or underreported gains
- You’re missing cost basis data and unsure how to fix it
- You need a trusted crypto CPA to make sense of it all and minimize your tax risk
- You’re spending hours trying to reconcile trades or export data from exchanges
Ready to clean up your cryptocurrency accounting?
Crypto Accounting & Tax Services
Crypto Tax Cost Basis Reconstruction & Historical Reporting
We reconstruct complex digital asset histories, restore cost basis integrity, and realign prior-year tax filings to establish audit-ready reporting continuity. Read our tax guide:
Form 1099-DA Compliance & Reconciliation Services
We reconcile third-party 1099-DA data with reconstructed cost basis records to prevent mismatches, restore reporting continuity, and prepare defensible crypto tax filings. Read our tax guide:
Crypto Tax Filing & Compliance
We specialize in crypto tax filings for high-net-worth investors, digital asset traders, and Web3 startups with complex activity. We deliver clean, compliant returns that reduce risk and stand up to IRS scrutiny.
Crypto Tax Strategy & Planning
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.
Web3 Startup & Blockchain Accounting
We provide end-to-end crypto accounting that integrates on-chain sub-ledgers with your general ledger, ensuring complete, auditable books investors trust. Whether you're a Web3 startup,
Prediction Market Tax Reporting
Specialized U.S. tax reporting and accounting for prediction market traders, including Polymarket, Kalshi, USD-settled and crypto-settled contracts. Read our tax guide:
Prediction Market Taxes Explained: Why U.S. Tax Characterization Remains Unsettled
Web3 Sales Tax Compliance
We’re industry leaders in crypto sales tax. 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.
Why Serious Crypto Investors Choose Camuso CPA
Cryptocurrency accounting requires a level of technical fluency that most CPA firms simply don’t have. Reconciling multi-chain wallets, DeFi positions, staking rewards, and cross-protocol activity demands both deep tax expertise and a firsthand understanding of how these systems actually work.
Camuso CPA has operated exclusively in digital assets since 2016. We’ve reconciled portfolios spanning the earliest Bitcoin cycles through the current DeFi era, and we understand precisely where errors accumulate, how they compound across tax years, and what it takes to produce books that are accurate, defensible, and built to withstand IRS scrutiny.
When the compliance stakes are high, experience in this specific discipline is what separates clean books from costly exposure
| Service | Camuso CPA | Typical Accounting Firm |
|---|---|---|
| Cryptocurrency Portfolio Accounting & Wallet Reconciliation | ✔ | ✖ |
| DeFi & NFT Transaction Accounting | ✔ | ✖ |
| Crypto Tax Resolution & IRS Representation | ✔ | ✖ |
| Web3 Accounting & Financial Statement Preparation | ✔ | ✖ |
| Prediction Market Tax Reporting | ✔ | ✖ |
| Crypto Investor & Founder Tax Strategy | ✔ | ✖ |
| Token Generation Event (TGE) & SAFT Support | ✔ | ✖ |
| Corporate & Partnership Tax Returns | ✔ | ✔ |
| Traditional Business Accounting | ✔ | ✔ |
| High-Net-Worth Individual Tax Returns | ✔ | ✔ |
| On-Chain Sales Tax Compliance | ✔ | ✖ |
What Crypto Investors Are Saying About Camuso CPA
Real Results from Our Cryptocurrency Accounting Clients
Results
Total Tax Savings:
$ 275,000 +
Total Time Savings:
Saved $275,000+ in IRS Liabilities with Strategic Tax Resolution and Clean-Up
Chad
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
Paul
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
Jonathan
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
William
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
William
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.
Further Reading on Crypto Accounting & Tax Compliance
In-depth guides on the reporting requirements, IRS enforcement trends, and compliance strategies that matter most to serious crypto investors.
Form 1099-DA 2025: What Crypto Investors Must Know Before Filing
Form 1099-DA and the Risk of Undocumented Early-Year Crypto Activity
I Already Filed My Crypto Taxes: Why 1099-DA Still Puts You at Risk
Your Crypto Books Should Be Accurate, Defensible, and IRS-Ready
We reconcile every wallet, exchange, and protocol and deliver books that hold up under scrutiny
Cryptocurrency Accounting FAQ
What does cryptocurrency accounting actually involve?
Cryptocurrency accounting is the process of reconciling every transaction across your wallets, exchanges, and protocols, calculating cost basis, classifying income events, and producing records that are accurate, IRS-aligned, and audit-ready. It goes well beyond what tax software can automate.
Why can't I just use Koinly, CoinTracker, or TurboTax?
Software processes what you give it. It can't identify missing data, resolve conflicting records, or make judgment calls on complex transactions like DeFi, bridging, or staking. Most portfolios have material errors that software never flags, and those errors carry forward into every future filing.
How far back do you go when reconstructing transaction history?
We've reconstructed portfolios going back to the earliest Bitcoin cycles. If you've been in crypto for years and your books have never been properly reconciled, we start from the beginning and build a complete, defensible record.
What types of crypto activity do you account for?
Spot trades, DeFi positions, liquidity pools, staking and validator rewards, airdrops, hard forks, NFTs, bridging transactions, mining income, token launches, and multi-chain activity across CEXs, DEXs, and cold wallets.
How does 1099-DA affect my cryptocurrency accounting?
Beginning with the 2025 tax year, brokers are required to report crypto transactions to the IRS via Form 1099-DA. If your cost basis is incomplete or inaccurate, IRS matching will create discrepancies that trigger notices and potential audits.
What if I've never properly reported my crypto activity?
You're not alone, and it's fixable. We reconcile your full history, identify what was underreported, and work with you to come into compliance through amended returns or voluntary disclosure where appropriate, before IRS enforcement reaches you.
Do you work with both individual investors and businesses?
Yes. We handle individual investors with complex portfolios as well as Web3 companies, crypto funds, and multi-entity structures that require rigorous accounting and consolidated reporting.
How do you integrate crypto data with my existing accounting software?
We sync your on-chain activity directly into QuickBooks, Xero, or NetSuite, bridging your crypto books with your broader financial records for clean, consolidated reporting.
What makes Camuso CPA different from a general CPA who also does crypto?
We have operated exclusively in digital assets since 2016. This isn't a service line we added. It's the only thing we do. That depth of experience means we understand the technical mechanics of these assets at a level a generalist firm cannot replicate.
How do I get started?
Schedule a consultation and we'll assess your current situation, your transaction history, any gaps or errors in prior filings, and what it will take to produce books that are accurate and defensible going forward.
