What makes Web3 accounting different from traditional accounting?

Web3 accounting addresses token-based compensation, wallets, decentralized entities, and complex cross-border compliance issues that aren't handled by traditional systems.

Do you integrate with crypto tax software and wallets?

Yes. We integrate with crypto tax tools and wallets to pull in transactions, automate categorization, and reconcile activity across DeFi, exchanges, and wallets.

Can you help us prepare for audits or investor reporting?

Absolutely. We deliver GAAP-compliant, audit-ready financials with clear reporting to support investor due diligence, audits, and internal reviews.

Do you support token grants and SAFT agreements?

Yes. We structure and track token grants, SAFTs, and vesting schedules with proper cost basis and tax treatments.

What types of Web3 companies do you work with?

We work with DAOs, foundations, Web3 startups, and NFT/DeFi projects managing multi-wallet treasury and token activity.

Web3 Tax for Web3 Companies, Protocols, and Token Projects

Q: When should a Web3 company engage a tax firm?

Before the structure hardens. Entity configuration, token positioning, and intercompany arrangements are far less expensive to set correctly at formation than to unwind after money has flowed through them. Companies with existing activity should engage before the next filing deadline or financing event, since both create deadlines that limit what can still be addressed.

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 tax services for Web3 operating companies, protocols, token projects, and venture-backed startups.

Nationally Recognized Crypto CPA Since 2016 and the first CPA firm in the U.S. to accept cryptocurrency for professional services.

Federal & Global

Published Research

Digital Asset Taxation in the United States: A Policy Analysis

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 →

Work With a Web3 Tax Firm Built for Digital Asset Complexity

Camuso CPA provides tax services for Web3 operating companies, protocols, token projects, and venture-backed startups. Founders and finance leads work with our firm to evaluate the tax treatment of token events before they occur, document how protocol revenue, staking income, and treasury activity are reported at the entity level, and meet federal and multi-state filing obligations on records that support them.

The firm has worked exclusively in digital assets since 2016 and develops Web3 tax positions through documented analysis of each company’s facts.

Camuso CPA handles both the planning and the filings. The firm works through entity and structure questions, token issuances and team allocations, cross-border arrangements, and the tax side of treasury and protocol operations, then prepares the federal and multi-state returns, quarterly projections, and provisions on that same analysis. Companies that engage before a token launch or financing round generally have more options than those addressing the same questions afterward.

Our Proven Web3 Tax Process

Step 1: Discovery & Engagement

Meet 1-on-1 with your dedicated crypto CPA to review your current tax position, define your planning goals, and map out a custom engagement. We'll assess your entity structure and token activity, identify exposure in your existing filings, and gather the documentation needed to build defensible positions.

Step 2: Analysis & Planning

We build a Web3 tax framework aligned with your operations. This includes documenting the treatment of token issuances and team allocations, analyzing entity structure and cross-border arrangements, establishing the tax position on protocol revenue, staking income, and treasury activity, and mapping the filing obligations that follow across federal and state jurisdictions.

Step 3: Tax Filings & Compliance

We deliver returns, projections, and provisions on the cadence your business requires. This includes federal and multi-state filings, quarterly tax projections, entity-level provisions, and documented positions that stand up to examination and due diligence.

Step 4: Strategic Advisory & Proactive Compliance

Your dedicated crypto CPA proactively identifies tax exposure, flags decisions that carry consequences before they are made, and ensures your tax treatment evolves alongside your protocol or product. We keep you ahead of regulatory changes so compliance never becomes a bottleneck ahead of a launch or a raise.

Prefer to book a time directly?

Book a Web3 Tax Consultation →

Prefer to reach us directly? Email info@camusocpa.com or call (704) 249-3179.

Ready to Bring Your Web3 Tax Compliance Up to Standard?

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.

Common Tax Challenges We Solve for Web3 Companies

You're planning a token launch and don't know what it triggers, or when.
Your prior returns were filed on treatment you can no longer explain or support.
Your current accountant doesn't know how to handle token issuances, SAFT instruments, or team allocations.
Protocol revenue, staking income, and treasury activity are hitting your books with no documented tax position behind them.
You have entities or contractors across jurisdictions and no idea where you're actually required to file.
You're heading into a raise or diligence and your tax positions won't hold up to a counterparty's review.

Web3 TaxServices Built for Blockchain Companies

Crypto-native tax advisory for Web3 startups, protocols, token projects, and digital asset funds, built for the complexity traditional firms can’t handle.

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:

Crypto Cost Basis Reconstruction & Historical Accounting

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:

What to do when you receive a 1099-DA for crypto

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.

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.

Accounting and Tax

Case Study

Foreign-Owned DeFi Infrastructure Company, International Tax Exposure Identified, Accounting and Tax System Built from Inception

Client Type Venture-Backed Delaware C-Corp, Foreign Founders

Structure US Corporation Plus Offshore Protocol Foundation

Engagement Accounting and Tax

The Problem

A seed-stage DeFi infrastructure company with foreign founders needed accounting and tax support for its US corporation. The company had no books, no accounting policies, and no cost basis tracking, with substantial protocol fees already flowing through a multi-entity structure that was still being formed. It also carried a significant international tax exposure in how the protocol IP had been structured, one no prior advisor had identified, and the decision that would lock in the outcome had not yet been executed.

What We Did

We identified the IP structuring issue while the decision was still open, analyzed the related-party arrangement, and designed the intercompany agreements and reporting framework for a foreign-owned US corporation. We built the accounting system from entity inception, including a digital asset subledger for an actively deployed DeFi treasury with cost basis built from verified on-chain data, and prepared the delinquent filings.

The Outcome

The accounting and tax structure was implemented, delinquent filings were brought current, and Camuso CPA manages the company's ongoing accounting along with quarterly tax projections and provisions.

Web3 Tax Guides

Expert-written guides on Web3 tax. Whether you’re planning a token launch, sorting out how protocol revenue and staking income get reported, or getting your positions ready for investor diligence, these resources break down complex topics into clear, actionable insights.

Camuso CPA Publishes Digital Asset Tax Analysis in Tax Notes

Form 1099-DA 2025: What Crypto Investors Must Know Before Filing

Welcome To The Digital Asset Compliance Era

Build Clean, Compliant, and Defensible Web3 Tax Reporting

We analyze your entity structure, document the treatment of token and protocol activity, and prepare your federal and multi-state filings so your Web3 business has defensible tax positions, current compliance, and the clarity to plan ahead confidently.

Web3 Tax FAQ

What is Web3 tax and why does it require a specialized firm?

Web3 tax covers the federal, state, and cross-border obligations of companies that issue tokens, earn protocol revenue, or hold digital assets on their balance sheet. Token issuances, team allocations, staking income, and protocol fee flows each require analysis of the company's specific facts.

What types of Web3 companies does Camuso CPA work with?

Camuso CPA works with venture-backed Web3 startups, protocol teams and foundations, token projects preparing for launch, DeFi companies, proprietary trading firms and market makers, and tokenized product marketplaces. Engagements range from formation-stage structuring through ongoing filings and quarterly provisions for companies with active operations across multiple entities and jurisdictions.

How is a token generation event taxed for the issuing company?

The treatment depends on the structure of the issuance, the rights attached to the token, and the entity configuration behind it. Because the analysis turns on facts that are set before launch, the treatment should be evaluated in advance rather than determined after the event. Companies that engage before a launch generally have more options available than those addressing the same questions afterward.

How is token-based compensation taxed?

Token grants to team members and contractors raise questions about the timing of income recognition, the reporting obligations that follow, and the elections that may be available. The treatment depends on the instrument, the vesting terms, and the recipient's relationship to the company, and each of those should be documented at the time of grant rather than reconstructed later.

Do Web3 protocols owe tax on fee revenue and staking income?

Generally yes, and the treatment depends on the entity structure and the character of the income. Protocol fees, staking rewards, and DeFi yield each require entity-level analysis, and the conclusions feed directly into the company's returns and quarterly provisions.

Can you correct prior returns that were filed incorrectly?

Yes. We review the positions taken on prior filings, identify where the treatment is no longer supportable, and prepare amended returns with documentation supporting the corrected positions. Companies with unfiled years are brought current on documented positions, sequenced with penalty considerations in mind.

What are the tax implications of a foreign-owned Web3 company or multi-entity structure?

Foreign ownership and multi-entity structures trigger related-party reporting obligations, transfer pricing considerations for intercompany arrangements, and analysis of how development activity and intellectual property are allocated across jurisdictions. These are considerably less expensive to address at formation than after transactions have flowed through the structure.

How does Camuso CPA prepare my Web3 company's tax positions for investor diligence?

We document the analysis behind each material position so it can be explained to a counterparty, ensure filings are current and consistent with the company's books, and identify exposure that would surface in a diligence review before the process begins rather than during it.

What does the onboarding process look like for a new Web3 tax client?

We start with a review of your entity structure, token activity, prior filings, and upcoming events, then define the scope of the engagement based on what we find. From there we work through the planning questions, document the positions, and move into preparation and ongoing compliance on an agreed cadence.

When should a Web3 company engage a tax firm?

Entity configuration, token positioning, and intercompany arrangements are far less expensive to set correctly at formation than to unwind after money has flowed through them. Companies with existing activity should engage before the next filing deadline or financing event, since both create deadlines that limit what can still be addressed.