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.
Cryptocurrency Tax Preparation for Investors, Traders & Web3 Startups
IRS-compliant crypto tax prep from the Forbes-recognized leader in cryptocurrency taxes. Accurate filings for traders, DAOs, and high-net-worth investors. Book a call today with a crypto CPA.
Camuso CPA was the first firm in the U.S. to accept crypto payments, recognized across the Web3 ecosystem for our leadership in digital asset accounting and tax strategy.
Crypto CPA Since 2016 — As Seen In
Why Cryptocurrency Tax Preparation Requires Specialized Expertise
Cryptocurrency tax preparation in 2025 demands far more than TurboTax and spreadsheets. With IRS scrutiny intensifying and 1099-DA enforcement rolling out, investors can’t afford filing mistakes. At Camuso CPA, named a 2025 Forbes Best-In-State Top CPA and the first firms in the U.S. to accept crypto payments we deliver audit-ready digital asset tax filings designed to withstand real-world IRS audits.
Over 90% of crypto tax returns we review contain material issues including unreported income from staking, misclassified token events, flawed cost basis, or multi-wallet mismatches. Most traditional CPAs simply lack the systems or expertise to handle DeFi, NFTs, token grants, or smart contract reconciliations.
That’s where we come in.
We manually reconcile every transaction across your wallets, exchanges, DAOs, and custody setups whether you’re operating through a trust, C-Corp, or offshore foundation. Our licensed crypto CPAs ensure every return is accurate, optimized, and IRS-compliant.
This is the best way to file crypto taxes in 2025 if you care about audit defense, maximum savings, and digital asset legacy planning.
If you’re still behind on filings or haven’t reported your crypto income this year, read our guide: What to Do If You Still Haven’t Filed Your Crypto Taxes.
Fix tax notices and audit issues → Crypto Tax Resolution Services
Set up a chart of accounts and web3 accounting system→ Web3 Accounting Services
Reduce taxes from staking and token events → Crypto Tax Planning
File before the next bull cycle. Our calendar fills fast book a crypto tax strategy call to secure your spot now.
Recognized as Forbes Best-In-State Top CPA for Crypto Tax Excellence
At Camuso CPA, we were honored to be named a 2025 Forbes Best-In-State CPA, recognized for our pioneering work at the intersection of cryptocurrency, tax compliance, and digital asset advisory.
This award reflects nearly a decade of leadership in the crypto space, long before most traditional firms understood what a wallet address even was. From token grants to DAO structuring and staking income reconciliation, we’ve built a firm that bridges IRS compliance with Web3-native strategy.
We don’t just do crypto taxes. We architect financial trust for the digital age.
View our Forbes profile → Camuso CPA on Forbes Why Forbes chose us → See our Forbes Recognition Overview
What We Include in Our Cryptocurrency Tax Preparation Service
From DeFi to token-based income to international tax structuring, our end-to-end crypto tax services help you stay compliant, reduce your tax bill, and protect your digital wealth.
Exchange & Wallet Data Aggregation
We collect and standardize transaction data from wallets, exchanges, DeFi platforms, and centralized accounts to create a clean, reconciled data set.
Token-by-Token Transaction Classification
Every crypto transaction—swaps, trades, airdrops, staking, bridging—is reviewed and classified with precision to ensure accurate tax treatment.
Cost Basis Calculation & Matching
We apply IRS-compliant cost basis methods (FIFO, Specific ID, etc.) to track gains and losses accurately across thousands of transactions.
NFT, DeFi & DAO Activity Reconciliation
Our crypto tax specialists break down complex Web3 activities—like NFT flipping, LP staking, DAO voting tokens—and apply correct tax logic.
DAO & Foundation Tax Compliance
Custom tax planning for decentralized entities and Web3 foundations, balancing operational flexibility with U.S. and international requirements.
On-Chain Transaction Review
Thorough audit of on-chain activity to identify misclassified or unreported income, DeFi gains/losses, and wash sale opportunities.
Personal & Entity-Level Tax Preparation (LLCs, C-Corps, DAOs)
Whether you're an investor or a Web3 founder, we prepare entity-specific returns including 1065s, 1120s, and 1120-S for crypto businesses along with 1040s.
K-1 Generation for Crypto Partnerships
For crypto syndicates, token funds, or DAOs with pass-through structures, we generate member-level K-1s with complete digital asset breakdowns.
Crypto Income & Airdrop Reporting
We handle token compensation, staking rewards, airdrops, and yield income across wallets and platforms—applying ordinary income treatment as needed.
1099-DA Reconciliation & Reporting
We compare your raw crypto activity against third-party 1099-DA's issued by exchanges like Coinbase, Binance, or Kraken—resolving mismatches to avoid IRS flags.
Multi-Year Cleanup & Back Filing
Behind on taxes? We specialize in cleaning up historical records and filing multiple years of overdue crypto returns to get you current and compliant.
Final Review with a Cryptocurreny Tax Expert
Before filing, you meet with a crypto CPA who walks you through your return line by line—explaining logic, savings strategies, and what to expect next.
Maximize Your Crypto Wealth, Get Proactive, IRS-Compliant Cryptocurrency Tax Preparation.
Cryptocurrency Tax Preparation Process for Investors, Founders & Web3 Businesses
Step 1: Strategic Onboarding & Cryptocurrency Tax Intake
We start with a detailed onboarding call to understand your crypto activity, wallet usage, and filing requirements. You’ll speak with a digital asset tax specialist who will explain the prep process, set expectations, and guide you through securely submitting your documents.
Step 2: Cryptocurrency Tax Return Preparation
Once your data is received, our team begins reconciling wallet and exchange activity, validating token-level transactions, and applying the right tax treatment for staking, trading, DeFi, and NFTs. We review for accuracy and search for every legal tax savings opportunity under IRS guidelines.
Step 3: Final Cryptocurrency Tax Review & Secure Filing
When your return is complete, we’ll walk through it with you in detail—explaining results and answering your questions. Once approved, we securely e-file your return, ensuring it's submitted on time and 100% compliant with cryptocurrency tax regulations.
Who We Help: Crypto Investors, Founders & Web3 Builders
From the earliest days of Bitcoin to today’s tokenized, AI-integrated ecosystems, we’ve helped shape the financial backbone of Web3. As the industry has evolved, our diverse client base has scaled alongside it—ranging from high-net-worth investors to DAOs, foundations, and Web3 startups. With deep experience across every market cycle, we deliver bespoke crypto tax, accounting, and Web3 CFO solutions tailored to each client’s structure—designed to ensure clarity, audit-readiness, and confident long-term growth.
- Cryptocurrency, DeFi & NFT Investors
- High Net Worth Individuals
- Web3 Startups, Protocols & Token Projects
- Founders, Executives & Crypto-Paid Advisors
- DAOs & On-chain organizations
- Digital Asset Funds, VCs & Syndicates
- Foundations & Web3 Labs
- NFT Marketplaces, Dealers & Creators
- On-Chain Commerce & eCommerce Platforms
- SMEs and Corporations with crypto
- Blockchain Gaming Projects
- Bitcoin Mining Operations
- Stakers,Validators, Node Operators & Infrastructure Teams
- Stablecoin Issuers
- RWA Token Issuers
- Crypto and Stablecoin Finteches
- AI-Powered Startups with On-Chain Revenue
- AI Agents with On-Chain Transactions
- Network States, Startup Societies & Frontier Builders
Cryptocurrency Tax Preparation Issues Investors & Web3 Startups Face Before Finding the Right CPA
- Your tax returns are getting more complex every year
- Your current CPA doesn’t understand cryptocurrency taxes
- Your CPA’s cryptocurrency tax processes and tools are outdated
- Your CPA files your cryptocurrency taxes late or inaccurately—and it’s costing you
Individuals (Form 1040)
Partnerships (Form 1065)
S Corporations (Form 1120 S)
C Corporations (Form 1120)
Trusts (Form 1041)
Foreign Reporting (Form 114
& Form 8938)
State Tax Returns across all 50 states
Related Services for Crypto Investors and Web3 Startups
Crypto CPA and Web3 CFO services for DAOs, DeFi traders, and Web3 startups tax, accounting, and advisory tailored to digital asset complexity.
Crypto Tax Strategy & Planning Services for Web3 Investors & Founders
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.
Explore Crypto Tax Strategy Services →
Cryptocurrency Accounting & Reconciliation for DeFi, NFTs, and Digital Assets
Clean up messy crypto books and bring order to your portfolio. We help investors and Web3 founders track, reconcile, and report activity across wallets, exchanges, DeFi, NFTs, and multi-chain holdings—with bulletproof accuracy built for compliance.
Fix Inaccurate Crypto Reports →
Web3 Startup & DAO Accounting Services for GAAP & Tax Compliance
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, DAO, foundation or digital asset fund, our crypto-native team delivers timely, GAAP-aligned reporting to support capital raises, regulatory compliance, and smarter business decisions.
Implement Crypto-Native Subledger Accounting ->
Crypto Tax Filing & Compliance for Investors, Traders & Startups
We specialize in crypto tax filings for high-net-worth investors, digital asset traders, and Web3 startups with complex activity. From DeFi, staking, and multi-wallet portfolios to token raises and DAO operations—we deliver clean, compliant returns that reduce risk and stand up to IRS scrutiny.
File Your Crypto Taxes with Confidence ->
Crypto Tax Resolution & IRS Representation for Crypto Investors & Web3 Founders
Facing IRS letters, back taxes, or unfiled crypto returns? We help investors, traders, and Web3 founders resolve crypto-related tax issues with speed and confidence. From late filings to audit defense and penalty reduction, we clean up your situation and get you back in compliance—with strategies that protect your assets and reputation.
Fix Crypto Back Taxes & Unfiled Returns ->
Web3 CFO Services: Forecasting, Budgeting & Crypto Fund Reporting
Scale with confidence through crypto-native financial leadership. We deliver CFO services tailored to Web3 startups, DAOs, and digital asset funds—covering forecasting, budgeting, tokenomics, treasury management, and investor reporting. Whether you're raising capital or managing complex structures, we provide the clarity founders and investors need to grow and stay compliant.
Scale with a Crypto-Native CFO Partner->
Web3 Sales Tax Compliance for NFT Platforms & Tokenized Marketplaces
We’re industry leaders in crypto sales tax—we wrote the book and built the software. Our team helps Web3 startups, DAOs, and NFT platforms manage multi-state and multi-jurisdiction sales tax obligations tied to token sales, marketplace revenue, and digital goods. From nexus analysis to filings and audit defense, we deliver expert compliance trusted by regulators and founders alike.
Get a Web3 Sales Tax Compliance Check ->
Crypto Tax & Web3 Accounting Courses for Founders, CFOs & Investors
Learn from the CPAs who built the playbook. Our on-demand courses teach Web3 founders, crypto investors, CFOs and tax professionals how to navigate token events, DeFi, DAOs, and digital asset reporting with clarity and confidence. Whether you’re managing your own books or leveling up your team, our programs deliver expert guidance built on real-world experience.
Train Your Team in Web3 Accounting ->
Why Web3 Founders & Crypto Investors Trust Camuso CPA for Cryptocurrency Tax Preparation Services
Crypto accounting and tax compliance isn’t just complex—it’s mission-critical. While traditional CPAs and CFOs are still catching up to Web3, Camuso CPA has been leading since the earliest Bitcoin cycles. As trusted crypto tax experts and Web3 CFOs, we help investors, founders, and digital asset companies minimize liabilities, stay audit-ready, and maintain clean, reliable books that support strategic decision-making. Whether you’re managing multi-chain wallets, launching tokens, or scaling your Web3 venture—we deliver the full-scope solutions traditional firms can’t.
| 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 | ✔ | ✖ |
| Virtual CFO for Web3 Startups & DAOs | ✔ | ✖ |
| Crypto Investor & Founder Tax Strategy | ✔ | ✖ |
| Token Generaton Event (TGE) & SAFT Support | ✔ | ✖ |
| Corporate & Partnership Tax Returns | ✔ | ✔ |
| Traditional Business Accounting | ✔ | ✔ |
| High-Net-Worth Individual Tax Returns | ✔ | ✔ |
| On-Chain Sales Tax Compliance (We Wrote The Book) | ✔ | ✖ |
Maximize Your Crypto Wealth, Get Proactive, IRS-Compliant Cryptocurrency Tax Preparation.
Real Results from Our Cryptocurrency Tax Preparation 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.
Results
Total Tax Savings:
$ 2.4 Million
Total Time Savings:
Optimized Bitcoin Mining Operations to Save $2.4M Through Depreciation Strategy & Accounting Overhaul
William
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.
What Web3 Founders & Crypto Investors Are Saying About Our Crypto Tax Preparation Services
Cryptocurrency Tax Guides for Founders & Investors
Stay ahead of the curve with expert-written guides on crypto tax, token launches, and digital asset accounting. Whether you’re launching a Web3 startup or managing a high-net-worth crypto portfolio, these resources break down complex topics into clear, actionable insights. Learn from Crypto CPAs and Web3 CFOs in the trenches.
Crypto Tax Tools, Templates & Investor-Focused Resources Built By Crypto CPAs
Access expert-built tools to simplify crypto finance. Our curated library includes tax templates, accounting systems, eBooks, and on-demand webinars designed for crypto investors, Web3 founders, DAOs, and digital asset funds. Whether you’re optimizing tax strategy or preparing investor-grade financials, these resources designed by Crypto CPAs and Web3 CFOs help you stay compliant and scale with clarity.
Maximize Your Crypto Wealth With Proactive, IRS-Compliant Cryptocurrency Tax Preparation
We’ll help you structure your assets, reduce your tax liability, and create a strategic plan to stay ahead of the IRS with tailored crypto tax strategies.
TL;DR — Cryptocurrency Tax Preparation Essentials for 2025
- Cryptocurrency tax preparation requires expertise. Most CPAs are not equipped to handle staking, DeFi, NFTs, DAOs, or multi-wallet reconciliation.
- IRS enforcement is escalating. With 1099-DA forms and blockchain surveillance tools, reporting mistakes are now easily detected.
- All crypto income must be reported. This includes staking rewards, token grants, airdrops, yield farming, and NFT sales.
- You can lower your tax bill. Through proactive loss harvesting, entity structuring, and meticulous reconciliation, we reduce both taxes and audit risk.
- Camuso CPA is the leader in crypto tax. We’re a Forbes Best-In-State Top CPA firm specializing in digital asset compliance since 2016.
- We work with investors, traders, and founders. Our clients include high-net-worth holders, Web3 startups, DAOs, and digital-native entrepreneurs.
- Filing late? Missing records? No problem. We handle crypto clean-ups, amended returns, and backfilings with full IRS compliance.
Need help now? Book your crypto tax strategy call →
FAQs About Cryptocurrency Tax Preparation
Does Camuso CPA provide tax planning services?
Yes — we offer proactive, crypto-native tax planning tailored to minimize your liabilities across DeFi, NFTs, token launches, and long-term holding strategies. Our planning helps you stay compliant while maximizing after-tax wealth.
How is Camuso CPA different from other accounting service providers?
We specialize exclusively in crypto and Web3. From GAAP-compliant DAO accounting to advanced tax resolution and tokenomics, we offer unmatched technical expertise that traditional firms can’t replicate. You’re not just hiring a CPA—you’re getting a crypto-native advisor.
How does Camuso CPA handle multi-wallet reconciliations?
We track activity across all your wallets and exchanges including DeFi protocols, hardware wallets, and cold storage to ensure complete and accurate reporting.
Do DAOs need to file tax returns?
Yes. Depending on the structure, DAOs may need to file partnership, corporate, or trust tax returns especially if they generate U.S.-sourced income or engage in token issuance.
What if I used a VPN or foreign exchange do I still need to report?
Yes. U.S. taxpayers must report all crypto income and gains worldwide, regardless of where the exchange or wallet is located.
What crypto accounting software do you support?
We support CoinTracking, Cryptoworth, Koinly, along with many other softwares and custom CSV exports but always review and verify data manually before preparing returns.
How does Camuso CPA reduce my crypto tax bill?
We use strategic loss harvesting, entity structuring, and manual reconciliation to uncover errors, reduce your audit risk, and legally minimize your tax liability.
When should I start crypto tax planning?
Now. The best tax savings come from proactive planning done before year-end, not during tax season.
Do I need to report crypto if I didn’t sell anything?
Possibly. If you earned crypto (staking, grants, airdrops) or used crypto for purchases, those may be taxable even without selling.
How do you file taxes for token-compensated team members?
Token-based compensation is treated as ordinary income, and must be reported on W-2s or 1099s depending on employment classification and vesting.
Why choose Camuso CPA for crypto tax preparation?
Camuso CPA is a Forbes Best-In-State Top firm and a pioneer in digital asset accounting, trusted by high-net-worth investors, Web3 founders, and DAOs since 2016.
CPA experienced with Web3 companies and DAOs?
Yes. We’ve worked with DAOs, token foundations, and Web3 startups across the U.S. and internationally, handling SAFTs, token events, and treasury reporting.
What is the best way to file crypto taxes in 2025?
The best way to file crypto taxes in 2025 is by working with a licensed CPA who specializes in digital asset accounting, ensures IRS-compliant reporting, and manually reconciles DeFi, staking, and token activity across wallets and exchanges.
Do I need to file taxes on staking rewards or yield farming income?
Yes. Staking rewards, yield farming, and other on-chain income are considered taxable by the IRS and must be reported as ordinary income at the time of receipt.
How does the IRS track crypto transactions?
The IRS uses 1099 forms from exchanges, blockchain analytics tools, and wallet clustering to track crypto transactions. Failure to report can trigger audits or penalties.
What if I didn’t file crypto taxes in previous years?
You may need to amend prior returns or complete backfilings. See our full guide: What to Do If You Haven’t Reported Crypto Taxes.
What is 1099-DA and how does it affect my crypto tax filing?
1099-DA is a new IRS form that will be issued by exchanges and platforms to report your crypto disposals. It may cause mismatches if your records are incomplete.
Are NFT sales or mints taxable?
Yes. Selling or minting NFTs typically creates a taxable event. The IRS treats these as property transactions with capital gains or ordinary income implications.
How are token airdrops and grants taxed?
Airdrops and token grants are typically taxed as ordinary income upon receipt. Vesting schedules and valuation methods must be tracked carefully.
Can I deduct crypto trading losses on my tax return?
Yes, you can use capital losses to offset gains, up to $3,000 per year against ordinary income. Wash sale rules currently do not apply to crypto but may change.
What is the penalty for not reporting crypto taxes?
Penalties may include failure-to-file fines, underpayment penalties, and interest. In serious cases, the IRS may pursue audits or even criminal charges.
Is crypto held in a cold wallet taxable?
No, holding crypto isn’t taxable. Only when you dispose of it—through selling, swapping, or spending does a taxable event occur.
What makes Camuso CPA different from traditional firms?
We’re crypto-native. We don’t just understand taxes we understand staking, liquidity pools, DAO governance, and on-chain activity down to the transaction.
Has Camuso CPA been featured in major media or industry publications?
Yes. Our work has been featured in Forbes, Vice, Financial Times, CoinMarketCap, and multiple Web3 industry podcasts and panels.
Does Camuso CPA work with clients nationwide?
Yes. We are a fully remote, U.S.-based CPA firm serving clients nationwide from Silicon Valley tech founders to Miami crypto traders.