Industry focus
Crypto Tax Accountant for Digital Assets
Cryptocurrency traders, DeFi users, NFT creators, DAO participants, miners, and crypto payroll companies: we reconcile your entire transaction history, apply HIFO cost basis, report staking income, and handle FBAR, all by the deadline.
How we work with this industry
Digital asset reporting is a recordkeeping problem first. Every disposal is a reportable event, transfers between your own wallets are not, and telling those apart after the fact across several exchanges is where most of the work goes. Basis has to follow the asset through that history. We reconstruct the activity into something reportable and keep it current going forward.
Exchange reporting has tightened, and that changes the risk. Brokers report your gross proceeds, but they report basis only for assets you acquired on that platform once the reporting rules reached them. A statement showing a large number with no basis attached is worse than no statement at all, because the IRS receives the number and nothing that explains it. Coins you bought earlier or moved onto a platform arrive there with no history, so proving what you paid falls to you. We build the basis record that answers the question before it is asked.
Not all of it is trading. Staking rewards, mining output, airdrops, and NFT royalties are income when they arrive, and then carry that value forward as basis into whatever happens next, which is two entries most software records as one. Businesses add another layer: crypto taken as payment, contractors paid in it, accounts held on offshore platforms, and whether any of that reaches FBAR, which today usually turns on whether the account also holds cash. We handle both sides in one file.
What We Do
What We Handle for Crypto and Digital Assets
Reconstruction first, then a record that stays current, so next year is not another archaeology project.
Full Transaction History Reconciliation
Exchange exports, wallet addresses, and on-chain activity pulled into one ledger, with transfers between your own wallets matched to each other instead of counted as sales.
Cost Basis, Applied the Way the Rules Require
Specific identification made at the time of each disposal, with basis tracked by wallet and account rather than pooled together, which is what the rules now require. Where units were not identified, FIFO runs inside that account and not across your whole portfolio.
Staking, Mining, and Airdrop Income
Rewards recorded as income when received and carried forward as basis, so the same coins are not reported in the wrong year and then taxed again at zero basis on sale.
DeFi, NFTs, and Bridged Activity
Liquidity positions, lending, wrapping, bridges, mints, and royalties read from the chain and classified, because no platform issues a statement that covers them.
Foreign Account and FBAR Review
An offshore account holding only digital assets is not an FBAR account under FinCEN's current position, but one that also holds cash can be, and FinCEN has said it intends to change the rule. We decide this deliberately each year instead of discovering it later, and prepare the FBAR where it applies.
Crypto Inside a Business
Payments accepted in digital assets, contractors paid in them, and mining or validator operations carried on the books through to the business return.
Common Problems
Where Crypto Records Go Wrong
Four patterns that turn a year you could still reconstruct into an expensive one.
Self Transfers Read as Sales
An aggregator sees coins leave a platform and books a disposal at zero basis. Left uncorrected, a move between your own wallets becomes a taxable gain that never happened.
Basis Pooled Across Everything
One average across every wallet is easy to produce and no longer permitted. Identification now runs inside a single wallet or account, so a portfolio-wide pool comes apart the moment one account has to be explained on its own.
Reward Income Counted Only at Sale
Staking and mining rewards recorded only when they are eventually sold put the income in the wrong year, and then get taxed a second time with no basis behind them.
Waiting Until the Platform Is Gone
Exchanges close, freeze withdrawals, and delete history. The export you can pull today is often the only record that will still exist when the return is finally prepared.
Services we offer in this industry
The services most often used by businesses in this industry. Each one is led by an Enrolled Agent.
Related industries
Real Estate & Property Management
Investors, landlords, developers, HOAs, property managers, mortgage brokers, title companies, and hard money lenders: we maximize your depreciation, navigate passive loss rules, and structure every deal to keep more money in your pocket.
Financial Services & Insurance
Brokers, financial advisors, insurance agents, mortgage lenders, and wealth managers: K-1 reporting, deferred comp, investment income, and licensing cost deductions handled with precision.
Entertainment & Content Creators
Musicians, actors, YouTubers, podcasters, social media influencers, and athletes: we build loan-out corps, manage multi-state filings, and turn your creative hustle into a tax-efficient business.
Related guides
Form 8300: Report Cash Payments Over $10,000 Within 15 Days
Any trade or business that receives more than $10,000 in cash in one or related transactions must file Form 8300 within 15 days, notify the payer by January 31, and e-file once it files 10 other information returns.
CP2000 Notice: 3 Response Options for Mismatched 1099 Income
A CP2000 notice means the income data the IRS received from third parties does not match your return. Learn what the notice is, the three ways to reply, how to send your response, and what silence costs you.
Common questions
Questions we hear in this industry
Straight answers, from an Enrolled Agent.
Contact Us
Need help in your industry?
Talk to us about how we can help you stay compliant and grow.