Recognized by Forbes as a Best-in-State Top CPA in 2025 and 2026
Featured in Forbes for "Leading the Charge on Crypto Accounting": Read the Forbes Feature
Camuso CPA provides specialized accounting and tax services for Web3 startups, protocols, and token projects. We help businesses establish reliable financial records, reconcile on-chain activity, address complex token and entity tax matters, and maintain the accounting and reporting needed to operate and grow.
First U.S. CPA Firm to Accept Cryptocurrency Payments
Original announcement ↗Co-authored with the former head of the IRS Office of Digital Assets and co-author of the §6045 digital asset broker reporting regulations. Published in Tax Notes Federal and Tax Notes Global.
Read in Tax Notes → Read All Publications →Camuso CPA provides specialized accounting and tax services for Web3 operating companies, blockchain protocols, token projects, and venture-backed startups. Since founding the firm in 2016, we have worked directly with digital asset businesses to address complex financial reporting, accounting, and tax matters. We advise founders and finance teams on establishing accounting systems, structuring and analyzing token transactions, reconstructing historical books, preparing tax filings, and managing ongoing financial reporting and compliance obligations.
Web3 businesses face accounting and tax questions that require a detailed understanding of their operations, technology, and underlying contractual arrangements. Blockchain records may establish when assets moved without explaining the economic purpose of a transaction. Token issuances and allocations, staking and protocol revenue, treasury activity across decentralized finance platforms, contributor compensation, and transactions between related entities all require careful analysis. The accounting and tax treatment depends on the specific facts, contractual rights, and applicable rules. Decisions made early in a company’s development can affect years of financial statements, tax filings, investor reporting, and future transactions.
Our engagements support businesses at different stages of development. We advise startups establishing their initial entity, accounting, and tax infrastructure; companies preparing for financing rounds, token launches, or major transactions; and established businesses that need to correct historical books or improve their financial reporting. Our accounting work includes developing policies, reconciling on-chain activity, integrating digital asset subledgers with general ledgers, and maintaining reliable financial records. Our tax services cover transaction analysis, planning, federal and multi-state compliance, and complex entity considerations. Clients can engage us for accounting, tax advisory, or integrated ongoing services based on their needs.
Patrick Camuso’s research on digital asset taxation has been published in Tax Notes, including work co-authored with a former head of the IRS Office of Digital Assets and co-author of the Section 6045 digital asset broker regulations. His expertise and commentary have also appeared in Bloomberg Tax, Accounting Today, Business Insider, MarketWatch, Morningstar, and other major publications. He has spoken at ETHDenver and other industry conferences on digital asset accounting, taxation, and the evolving compliance requirements facing the industry.
This assessment reviews entity structure, token activity, existing books, and prior filings to identify gaps and exposure across both accounting and tax. Where decisions remain open, such as a pending token event or an unexecuted structural arrangement, those are flagged first. Engagement scope and methodology are defined at this stage.
Where accounting support is needed, we establish policies for token, treasury, protocol, and other digital asset activity; develop an appropriate chart of accounts; and integrate a digital asset subledger with the company's general ledger. For businesses with existing accounting problems, we reconstruct and reconcile historical activity before establishing ongoing reporting.
We evaluate the federal and applicable state tax treatment of token events, compensation, protocol revenue, treasury transactions, and entity arrangements. Engagements may include written tax-position analysis, planning before significant transactions, current-year returns, and corrections to earlier filings. Tax advisory can be provided independently or alongside accounting services.
Forward-looking advisory addresses entity structure, token event positioning, cross-border and multi-entity arrangements, and the accounting and tax implications of decisions before they are made. Ongoing engagements include monthly or quarterly close, tax projections, and provisions on the cadence the business requires.
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Prefer to reach us directly? Email info@camusocpa.com or call (704) 249-3179.
Camuso CPA works with founders and finance teams building businesses around blockchain technology, digital assets, and token-based financial arrangements. Our clients include funded startups, operating companies, protocol teams and businesses developing tokenized products or marketplaces.
Camuso CPA provides accounting, tax, and related advisory services for blockchain-based businesses. Our work supports companies establishing their financial infrastructure, addressing historical reporting issues, and managing ongoing obligations as their operations develop.
We establish accounting policies, reconcile wallet and protocol activity, build digital asset subledgers, and integrate those records with the company's general ledger. Engagements may include historical accounting reconstruction, financial statement preparation, and ongoing monthly or quarterly close.
We analyze the tax treatment of token issuances, team compensation, protocol revenue, treasury transactions, entity structures, and cross-border arrangements. Services include technical tax analysis, planning, applicable federal and state return preparation, and ongoing compliance support.
We help Web3 businesses and digital marketplaces evaluate sales tax obligations involving NFTs, digital products, marketplace transactions, and tokenized offerings. This includes evaluating taxability, nexus, marketplace facilitator requirements, historical exposure, and applicable filing obligations.
Web3 accounting and taxation require an understanding of both the underlying transactions and the business arrangements they represent. Wallet records alone may not establish whether a transfer relates to revenue, compensation, financing, a treasury movement, or another economic event.
Camuso CPA combines experience in cryptocurrency accounting and federal taxation with direct work on Web3 company books, digital asset subledgers, token arrangements, and complex business reporting. We have helped businesses reconstruct historical records, develop accounting policies, correct financial statements, and establish ongoing accounting processes.
Patrick Camuso’s published research on digital asset taxation and involvement in professional tax discussions also informs our approach to documenting complex tax matters. Our engagements are designed around the company’s actual accounting and reporting needs.
Web3 Accounting
A Web3 startup had inaccurate historical books, an incorrectly classified SAFE, and activity on a proprietary blockchain. We developed its accounting policies, rebuilt the books, and integrated a compatible crypto subledger with the general ledger.
Outcome
Historical books corrected. Subledger integrated and ongoing accounting established.
Explore Web3 Accounting →"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."
A Web3 CPA provides accounting and tax services for businesses operating with digital assets, token-based arrangements, and blockchain transactions. The work may involve on-chain reconciliation, financial reporting, token compensation, protocol revenue, entity taxation, and complex treasury activity. These matters often require specialist analysis beyond what ordinary bookkeeping records or crypto tax software can establish.
We serve Web3 operating companies, venture-backed startups, protocol teams, token projects, DeFi businesses, and digital asset marketplaces. Our work includes establishing accounting systems, correcting historical records, evaluating token and entity tax matters, and providing ongoing accounting and compliance support.
Both. Clients may engage us for accounting, tax analysis, compliance, or a combination. A company may need historical books rebuilt before preparing its returns, while another may already have reliable financial records but need advice on a proposed token issuance or entity transaction. We establish the engagement around the work actually required. Explore our Web3 accounting services and Web3 tax services.
Ideally before significant financial or tax decisions such as entity formation, a token issuance, a financing transaction, or the establishment of cross-border operations. Companies with existing activity should seek advice when accounting records are unreliable, reporting obligations are approaching, or transaction structures require technical analysis.
Yes. We assist Web3 companies with historical bookkeeping corrections, digital asset reconciliation, incomplete financial records, and prior-year tax matters. The work begins with assessing the existing records, identifying material discrepancies, and determining what reconstruction or corrective filings are appropriate.
Many Web3 businesses need a digital asset subledger alongside their general ledger. The appropriate system depends on the blockchains, wallets, exchanges, transaction types, and reporting requirements involved. We assess the available records and accounting needs before recommending an implementation or integration approach.
We evaluate the underlying agreements, rights, issuance mechanics, vesting arrangements, compensation terms, and relevant entity structure. Token launches, SAFTs, team allocations, and related arrangements may raise different accounting and federal tax questions. We document the applicable analysis and coordinate with legal counsel where necessary.
We assist with U.S. tax and accounting matters involving foreign ownership, related entities, international operations, and cross-border transactions. Depending on the circumstances, relevant issues may include federal information reporting, intercompany arrangements, transfer pricing, withholding, and entity classification. Foreign jurisdiction-specific advice may require coordination with local professionals.
We help businesses improve the reliability and documentation of their accounting records, reconcile digital asset activity, and address material reporting issues. This can support financing, due diligence, and independent audits. Our accounting and advisory services are distinct from an independent audit or assurance engagement.
Camuso CPA has specialized in cryptocurrency and digital asset tax and accounting since 2016. Our work includes historical Web3 book reconstruction, digital asset subledger implementation, business tax analysis, and ongoing financial reporting. Patrick Camuso, CPA, has published research in Tax Notes, serves on the AICPA Digital Asset Tax Task Force, and was recognized by Forbes as a Best-in-State Top CPA in 2025 and 2026. Learn more about Camuso CPA.
