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 Tax Resolution for Digital Asset Investors
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
Unfiled returns, IRS notices, back taxes, or an active audit, we resolve the full spectrum of cryptocurrency tax issues for individual investors.
Nationally Recognized Crypto CPA Since 2016 and the first CPA firm in the U.S. to accept cryptocurrency for professional services.
Why Choose Camuso CPA for Cryptocurrency Tax Resolution
If you’ve received an IRS notice, have unfiled cryptocurrency returns, or are facing an active audit the window to protect yourself is shorter than most investors realize. The IRS is accelerating digital asset enforcement, and delayed responses or inaccurate filings consistently lead to worse outcomes.
At Camuso CPA, we specialize in cryptocurrency tax resolution for digital asset investors. Whether you’re responding to a CP2000 notice, IRS Letter 6173 or 6174-A, cleaning up years of unreported crypto activity, or defending your position in an active audit, every engagement follows the same disciplined process. We analyze your IRS transcripts, reconstruct wallet and exchange activity at the transaction level, identify reporting gaps, and build a resolution strategy grounded in accurate data and sound tax methodology.
That process requires a Crypto CPA with technical judgment, consistent methodology, and documentation that can withstand IRS scrutiny.
We’ve resolved six- and seven-figure IRS disputes for investors by reducing crypto tax exposure through amended returns, proper basis allocation, penalty abatement, and structured payment arrangements. As a Forbes-recognized CPA firm and one of the first in the U.S. to accept cryptocurrency, we bring nearly a decade of specialized experience to every case.
Whether your issue started with a missing 1099-DA, unreported DeFi income, or years of unfiled returns, we build your defense from the transaction level up.
How Our Cryptocurrency Tax Resolution Process Works
Case Assessment & Engagement Scope
Every resolution begins with a detailed review of your IRS notice, filing history, and digital asset activity. We evaluate the scope of the issue, whether it's a single CP2000 mismatch, multi-year unfiled returns, or an active examination and define a resolution strategy with clear timelines and deliverables before any work begins.
Forensic Investigation & IRS Compliance Review
Once authorized via Power of Attorney, we pull your IRS transcripts, reconstruct wallet and exchange activity at the transaction level, reconcile reported 1099s against actual cost basis, and identify every reporting gap or miscalculation. This is where most cases are won with accurate data and defensible methodology are the foundation of every resolution outcome.
IRS Negotiation, Resolution & Compliance Roadmap
We represent you directly with the IRS to resolve the issue, whether that means correcting a CP2000 assessment, defending an audit position, negotiating a payment arrangement, or securing penalty abatement. Once your case is closed, you receive final documentation and a forward-looking compliance plan to prevent future exposure.
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 You Need Cryptocurrency Tax Resolution
- You received an IRS notice such as CP2000, Letter 6173, 6174-A, or another exam letter
- You have one or more years of unreported cryptocurrency activity and need to file before the IRS contacts you first
- Your prior returns were prepared with inaccurate cost basis, missing wallets, or software-generated reports that overstated or understated your gains
- You're under active IRS examination and need a crypto-native CPA to reconstruct your transaction history, defend your position, and negotiate the best possible outcome
Comprehensive Crypto CPA Services for Digital Asset Investors
From tax resolution and audit defense to ongoing preparation, planning, and portfolio accounting. Every service is built for the complexity of digital asset compliance.
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:
Cryptocurrency Portfolio Accounting
We offer expert cryptocurrency accounting services for high-net-worth investors, prediction market traders, and DeFi users seeking IRS-compliant reporting and complete tax clarity. Get your books in order, minimize your tax bill, and protect your digital wealth.
Crypto Tax Filing & Compliance
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.
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.
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, we wrote the book. 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 Digital Asset Investors Choose Camuso CPA for Cryptocurrency Tax Resolution
Camuso CPA was built from day one for digital asset complexity. From cost basis reconstruction across multi-chain wallets to direct IRS negotiation on six- and seven-figure disputes, we deliver the technical depth that general practitioners cannot replicate.
| 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 | ✔ | ✖ |
Facing an IRS Crypto Tax Issue? Get Expert Resolution From a Forbes-Recognized Crypto CPA.
Cryptocurrency Tax Resolution Case Studies
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:
$ 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.
What Our Cryptocurrency Tax Resolution Clients Are Saying
IRS Enforcement, Tax Resolution & Compliance Guides for Crypto Investors
Expert-written guides on IRS notices, unfiled crypto taxes, audit defense, and digital asset compliance tht are built to help investors understand their exposure and take the right next step.
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
Crypto Cost Basis Reconstruction & Historical Accounting
Resolve Your Crypto Tax Issue. Protect Your Digital Wealth.
Trusted cryptocurrency tax resolution for individual digital asset investors. From unfiled returns to active IRS audits.
Cryptocurrency Tax Resolution FAQ's
What is cryptocurrency tax resolution?
Cryptocurrency tax resolution is the process of resolving IRS disputes, penalties, or compliance failures related to digital asset activity. This includes responding to IRS notices like CP2000 or Letter 6173, filing or amending returns for unreported crypto income, defending your position during an active audit, and negotiating penalty abatement or payment arrangements. At Camuso CPA, every resolution engagement begins with forensic-level transaction reconstruction to ensure your case is built on accurate data.
What should I do if I received an IRS notice about my cryptocurrency?
Do not ignore it and do not respond without accurate documentation. IRS notices like CP2000, Letter 6173, and 6174-A each carry different response requirements and deadlines. A CP2000 means the IRS believes you underreported income based on exchange-reported data. A 6173 is a formal examination notice requiring a detailed response. Camuso CPA analyzes the specific notice, reconstructs your transaction history, and prepares a defensible response before your deadline.
Can the IRS track my cryptocurrency transactions?
Yes. The IRS uses blockchain analytics tools, exchange-reported data (1099 forms and the new 1099-DA), and wallet tracing software to identify unreported digital asset activity. Even self-custodied wallets, DeFi transactions, and cross-chain activity are traceable through advanced forensic tools. The question is not whether the IRS can find your activity — it's whether your reporting matches what they already have.
What happens if I haven't filed crypto taxes for multiple years?
Unfiled cryptocurrency returns create compounding exposure with penalties, interest, and the risk of IRS enforcement action increase with each year. However, proactively filing before the IRS contacts you typically results in significantly better outcomes than waiting for a notice. Camuso CPA specializes in multi-year crypto tax cleanups, reconstructing transaction history across wallets and exchanges to produce accurate, defensible filings for every open tax year.
How does Camuso CPA reconstruct my crypto transaction history?
We pull data directly from exchanges, wallets, and on-chain records across every blockchain you've transacted on. This includes CEX trade history, DEX swaps, DeFi protocol interactions, staking rewards, bridge transfers, and NFT activity. We reconcile this data against your IRS transcripts and any previously filed returns to identify gaps, miscalculations, and unreported income. This forensic reconstruction forms the foundation of every resolution strategy we build. For investors with complex multi-chain portfolios, explore our dedicated cost basis reconstruction services.
What is the difference between IRS Letter 6173, 6174-A, and a CP2000 notice?
Letter 6173 is a formal examination notice, the IRS is opening an audit and requiring a documented response. Letter 6174-A is a soft enforcement letter informing you that the IRS has information about your crypto activity and expects it to be reported. A CP2000 is an automated notice proposing additional tax based on a mismatch between exchange-reported data and your filed return. Each requires a different response strategy, and the consequences of a generic or inaccurate reply can escalate your case significantly.
Can I reduce penalties on crypto taxes I owe?
In many cases, yes. The IRS offers penalty abatement for taxpayers who can demonstrate reasonable cause for filing or payment failures. First-time penalty abatement is also available for taxpayers with a clean compliance history. Camuso CPA evaluates your eligibility, prepares the supporting documentation, and negotiates directly with the IRS to reduce or eliminate penalties where the facts support it.
What if my previous CPA or crypto tax software produced inaccurate filings?
This is one of the most common situations we encounter. Software-generated reports frequently miscalculate cost basis, miss entire wallets, or misclassify DeFi activity — and many general-practice CPAs lack the technical knowledge to catch these errors. If your prior filings contain material inaccuracies, filing amended returns with corrected data is typically the safest path to reducing your exposure. We rebuild your records from the transaction level and correct what was filed incorrectly.
How long does the cryptocurrency tax resolution process take?
Timelines vary based on case complexity. A straightforward CP2000 response with clean records may take four to six weeks. Multi-year unfiled return cleanups with extensive DeFi activity typically take three to six months. Active IRS examinations can extend longer depending on the scope and the IRS's response cadence. We set clear timeline expectations during the initial case assessment and keep you informed at every stage.
Should I amend my crypto tax returns or wait for the IRS to contact me?
In most cases, proactive amendment is the better strategy. Filing a corrected return before the IRS identifies the issue demonstrates good faith, which directly impacts penalty exposure and the IRS's posture toward your case. Waiting for the IRS to act first typically results in higher penalties, interest, and a more adversarial process. Camuso CPA evaluates whether amendment is strategically appropriate for your situation and handles the entire filing process.
Resolve Your Crypto Tax Issue. Protect Your Digital Wealth.
Trusted cryptocurrency tax resolution for individual digital asset investors. From unfiled returns to active IRS audits.
