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 Filing & Compliance 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
We review your full transaction history, reconcile your cost basis, and deliver clean, IRS-aligned tax returns that hold up under scrutiny.
Nationally Recognized Crypto CPA Since 2016 and the first CPA firm in the U.S. to accept cryptocurrency for professional services.
Why Cryptocurrency Tax Filing Requires Specialized Expertise
Cryptocurrency tax filing requires a level of technical fluency that most CPA firms have not developed. Reconciling multi-wallet portfolios, classifying DeFi activity, calculating cost basis across fragmented exchange histories, and properly characterizing token events each demand both deep tax expertise and a firsthand understanding of how these systems operate.
Over 90% of crypto tax returns we review contain material errors before they are ever filed.
Under 1099-DA broker reporting, the IRS now receives transaction-level data directly from exchanges. When a filed return does not align with broker-reported proceeds, that mismatch triggers automated discrepancy analysis.
Camuso CPA has operated exclusively in digital assets since 2016 and is the first firm in the U.S. to accept cryptocurrency as payment. We review your full transaction history, reconcile your cost basis, and deliver returns that are accurate, IRS-aligned, and built to withstand scrutiny.
Work with a Crypto CPA who has operated exclusively in digital assets since 2016 and built every system in this practice around the complexity of on-chain portfolios
Our Cryptocurrency Tax Filing Process
Step 1: Strategic Onboarding & Cryptocurrency Tax Intake
We begin with a detailed onboarding call to review your transaction history, wallet structure, exchange activity, and filing requirements. Scope, methodology, and any prior-year issues are identified at this stage so the engagement is structured correctly from the start
Step 2: Cryptocurrency Tax Return Preparation
We reconcile wallet and exchange activity, validate token-level transactions, and apply the correct tax treatment across staking, trading, DeFi, NFTs, and cross-chain activity. Cost basis is verified, income events are classified, and the return is built on a foundation that can be substantiated under review.
Step 3: Final Cryptocurrency Tax Review & Secure Filing
Before filing, we walk through the completed return with you in detail, address any questions, and confirm accuracy. Once approved, we e-file securely and ensure the return is submitted on time and fully aligned with current IRS guidance on digital asset reporting.
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 Tax Filing Needs Professional Attention
- Your tax returns are growing more complex each year and your current CPA is not keeping pace
- Your CPA requests that you explain your own transactions rather than interpreting them independently
- Your prior-year returns contain errors you have never had the resources to identify or correct
- You have received IRS notices, CP2000 letters, or audit correspondence related to digital asset activity
- Your cost basis records are incomplete, inconsistent, or were never properly established
- You are unsure whether your staking income, DeFi activity, or NFT transactions were reported correctly
Cryptocurrency Tax Filing Across Every Return Type
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
Form 1099-DA
Crypto Tax & Accounting Services for Digital Asset Investors
End-to-end cryptocurrency tax filing, accounting, and advisory services built for the complexity of modern digital asset portfolios.
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 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, 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.
Crypto Tax Resolution & IRS Representation
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.
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 Serious Crypto Investors Choose Camuso CPA for Tax Filing
Cryptocurrency tax filing requires a level of technical fluency that most CPA firms have not developed. Camuso CPA has operated exclusively in digital assets since 2016.
We understand precisely where errors occur, how they compound across tax years, and what it takes to produce returns that are accurate, defensible, and built to withstand IRS scrutiny. When the filing stakes are high, experience in this specific discipline is what separates a clean return 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 | ✔ | ✖ |
Your Crypto Tax Return Should Be Accurate, Defensible, and Filed on Time
Real Results from Our Cryptocurrency Tax Filing 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:
$ 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 Crypto Investors Are Saying About Our Crypto Tax Preparation Services
Further Reading on Cryptocurrency Tax Filing & 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
I Already Filed My Crypto Taxes: Why 1099-DA Still Puts You at Risk
Crypto Cost Basis Reconstruction & Historical Accounting
Your Crypto Tax Return Should Be Accurate, Defensible, and Filed on Time
We review your full transaction history, reconcile your cost basis, and deliver a return that holds up under IRS scrutiny
FAQs About Cryptocurrency Tax Filing
What does cryptocurrency tax filing actually involve?
Crypto tax filing requires reconciling every transaction across your wallets and exchanges, calculating cost basis and gains, classifying income events like staking and airdrops, and producing a return that accurately reflects your digital asset activity and aligns with current IRS guidance.
Can I file my crypto taxes with TurboTax or crypto tax software?
Software processes what you give it. It cannot identify missing data, resolve cost basis gaps, or make judgment calls on complex transactions like DeFi, bridging, or staking. Most returns prepared with software alone contain material errors that create audit exposure.
What types of crypto activity do you file returns for?
We file for spot trades, DeFi positions, staking and validator rewards, airdrops, hard forks, NFT sales and royalties, bridging transactions, mining income, token compensation, prediction market activity, and multi-chain portfolios across CEXs, DEXs, and cold wallets.
Which return types do you prepare?
We prepare individual returns on Form 1040, partnership returns on Form 1065, S corporation returns on Form 1120-S, C corporation returns on Form 1120, trust returns on Form 1041, and foreign reporting on Forms 114 and 8938. We also file multi-state returns and reconcile Form 1099-DA.
How does Form 1099-DA affect my crypto tax filing?
Beginning with the 2025 tax year, brokers report digital asset proceeds directly to the IRS. If your filed return does not align with broker-reported data, the IRS will flag the discrepancy. Accurate cost basis documentation is now a structural requirement, not a best practice.
What if I have never properly reported my crypto activity?
It is fixable. We reconstruct your transaction 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.
How far back can you file or amend crypto tax returns?
That depends on your filing history and risk exposure. In most cases we can address multiple prior tax years to restore cost basis continuity and correct structural reporting errors before they compound further.
What if I received an IRS notice or CP2000 related to crypto?
IRS notices related to digital asset activity require a documented, substantiated response. We review the notice, reconcile the discrepancy against your actual transaction history, and respond with the documentation required to resolve it.
Do I owe taxes on staking rewards, airdrops, or DeFi income?
Generally yes. The IRS treats staking rewards and airdrops as ordinary income at fair market value upon receipt. DeFi transactions may generate taxable income or capital gain events depending on the activity. Each situation requires proper classification and documentation.
How do I get started?
Schedule a consultation and we will assess your transaction history, identify any gaps or errors in prior filings, and structure an engagement that produces an accurate, defensible return for the current tax year.
