Experienced Crypto CPA for Tax & Compliance Services
Protect your digital assets with a growth-focused crypto tax strategy
Stressing over crypto tax deadlines? Our crypto CPAs help traders, investors, and Web3 businesses stay compliant with U.S. and global tax laws while minimizing risk. Let’s scale your digital assets with strategic crypto tax planning.
- Licensed crypto CPAs trusted by traders, founders & funds
- 8+ years of combined crypto accounting experience
- IRS compliant reporting & filing
JUST A FEW OF THE COMPANIES WE’VE SUPPORTED OVER THE YEARS
Getting Audit-Ready with a Crypto CPA You Can Trust
Digital assets come with different tax filing requirements. A crypto CPA knows exactly how to handle them.
Crypto isn’t treated like cash.
General CPAs have less experience in working with crypto. Crypto is not like stocks or cash. A crypto CPA categorizes each transaction accurately by classifying all your on-chain activities such as wallets, staking rewards, and token swaps accurately.
Is your crypto tax strategy optimized?
A crypto CPA has expertise in cost basis tracking to trace your asset history and calculate gains/losses. If you are overreporting gains, chances are that you are overpaying taxes. Let’s reduce your tax exposure with a smart tax strategy that is compliant.
IRS scrutiny is increasing.
If your accountant can’t explain your crypto records and reconcile your accounts, you are at risk of getting penalized. Our crypto CPAs make sure that your books are audit-ready and your tax filings are compliant.
Specialized Crypto CPA Services for Your Accounting Requirements
We offer tailored cryptocurrency accounting services for crypto traders, bitcoin miners, and digital asset businesses to simplify their tax filing needs.
Crypto Tax Compliance
Crypto taxes are complicated as they are always changing. Our crypto tax experts take care of your annual filings by making sure your capital gains, staking income, NFT sales, DeFi, or multi-wallet activity is reported correctly and on time. Our crypto tax accountants apply accurate cost basis methods and IRS-compliant reports to file taxes properly. We also help you plan ahead to reduce your liability through tax-loss harvesting and other legal strategies.
Crypto Bookkeeping
Our crypto bookkeepers handle day-to-day bookkeeping for both fiat and crypto transactions, giving you clear and updated financial records. Accurate crypto bookkeeping is important to understand your business’s financial health in terms of profit, losses, taxes, and cash flow. We integrate automated accounting tools so your records stay in sync. When all crypto transactions are reconciled and organized, it’s easier for you to manage financial risks and make informed business decisions.
DeFi and NFT Accounting
Short for decentralized finance, DeFi is the umbrella term for financial services like staking, lending, and liquidity pooling that occur directly on public blockchains like Ethereum. NFTs (non-fungible tokens) are also decentralized financial services that come with reporting challenges, especially when it comes to sales, royalties, and airdrops. Each type of transaction has its own tax treatment. Our team understands the nuances of DeFi protocols and NFT marketplaces. We categorize transactions correctly, calculate cost basis, and prepare audit-ready records tailored to IRS requirements whether you are farming yield or trading NFTs.
Crypto Mining Accounting
Mining crypto is one way to create a steady revenue stream. If you are a miner, you might be finding it hard to maintain your financial records while tracking block rewards, deducting equipment costs, and dealing with fluctuating income. At OCA, we guide solo and commercial miners to stay on top of the financial side. An experienced cryptocurrency accountant from our team will categorize income and capital expenses properly while managing electricity deductions and calculating depreciation.
Crypto Tax Reconciliation
If you have used multiple wallets, exchanges, or DeFi platforms, you know how chaotic crypto recordkeeping can get. CSV exports don’t always match, APIs drop data, and trades get lost in the shuffle. We take the stress out of reconciling your transactions. Firstly, our team pulls data from all your wallets, protocols, and platforms. Then every trade is matched, and any discrepancies are corrected. While crypto reconciliation is essential for a high-frequency trader before tax season, even if you are only active across a few chains, getting a clean financial picture is beneficial for crypto tax reporting.
CFO Services
Keeping your finances in order shouldn’t slow your project down. At OnChain, we give Web3 teams the structure and visibility they need to grow responsibly. Our crypto financial controllers handle core functions like monthly reporting, expense management, and treasury tracking with crypto-native precision. We help you make sense of on-chain activity, organize your books, and deliver clean financials that keep investors and stakeholders confident. To stay financially agile, our crypto accountants manage token incentives and protocol revenue as well as budgeting in stablecoins.
Why it matters
Traditional CPA vs. Crypto CPA
Crypto is a different asset class with its own tax language that our crypto CPAs understand well.
Feature
Understanding blockchain transactions
Support for DeFi, NFTs, and staking
Multi-wallet and exchange reconciliation
Preparing Form 8949 & crypto tax reports
Planning tax-saving strategies
Support for audits
Traditional CPA
Might misclassify or overlook details
Unfamiliar
Manual accounting methods that cause errors
Not updated on IRS rules for crypto tax laws
Provides generic advice
Limited crypto experience
Crypto CPA
Has expert knowledge to classify transactions across wallets and swaps, including all on-chain activity.
Specialized in yield farming, staking, airdrops, and NFT sales
Manual accounting methods that cause errors Automated tools and in-depth review across wallets, chains, and protocols
IRS-compliant reporting for all transaction types
Crypto-specific tax planning (e.g., loss harvesting, deferral, optimal cost basis)
Accurate records, proper documentation, and audit-ready reports
Crypto Clients We Support
CPA Solutions to Solve Your Crypto Accounting Issues
Crypto Traders & Investors
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Web3 Startups & Founders
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Miners & Validators
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
DAOs & Crypto Projects
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Crypto Traders & Investors
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Web3 Startups & Founders
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Miners & Validators
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
DAOs & Crypto Projects
Tracking hundreds of trades across wallets and exchanges is time consuming. Your general accountant could get it wrong. Our crypto CPAs automate reconciliation and report capital gains/losses accurately.
Our Process to Get You Expert Help From a Crypto CPA
Avoid These Common Tax Mistakes with a Crypto CPA on Your Side
Filing crypto taxes without reliable cryptocurrency accounting services can lead to serious financial consequences. At OnChain, our crypto CPAs help clients clean up tax issues caused by poor tracking or bad advice. Here are the most expensive mistakes you need to avoid with crypto transactions:
Missing transactions across wallets and exchanges
If you have used multiple wallets, DeFi protocols, or centralized exchanges, it’s easy to miss a transaction. A missing trade or token transfer can change your cost basis. This leads to inaccurate gains.
Incorrect classification of income
Crypto income comes in many forms such as staking rewards, airdrops, mining proceeds, and NFT royalties. According to the income category, crypto tax implications vary. General accountants mistakenly report ordinary income as capital gains and vice versa.
Unclaimed losses that could lower your bill
If your losses and gains aren’t properly tracked, some losses may go unclaimed. This means that you could be paying tax on gains that were actually offsettable.
Using the wrong tax lot strategy
Your wallet history should be analyzed by crypto CPAs to find the most tax-efficient method for your trading activity. Although FIFO is the default accounting method to calculate cryptocurrency gains and losses, the one that’s most effective to reduce capital gains should be chosen.
Incomplete reporting for DeFi, NFTs, and bridged assets
Many crypto users aren’t aware that liquidity pool withdrawals, wrapped token activity, or bridging assets across chains can be taxable events. A certified crypto CPA knows how to identify any taxable event accurately.
Missing transactions across wallets and exchanges
If you have used multiple wallets, DeFi protocols, or centralized exchanges, it’s easy to miss a transaction. A missing trade or token transfer can change your cost basis. This leads to inaccurate gains.
Incorrect classification of income
Crypto income comes in many forms such as staking rewards, airdrops, mining proceeds, and NFT royalties. According to the income category, crypto tax implications vary. General accountants mistakenly report ordinary income as capital gains and vice versa.
Unclaimed losses that could lower your bill
If your losses and gains aren’t properly tracked, some losses may go unclaimed. This means that you could be paying tax on gains that were actually offsettable.
Using the wrong tax lot strategy
Your wallet history should be analyzed by crypto CPAs to find the most tax-efficient method for your trading activity. Although FIFO is the default accounting method to calculate cryptocurrency gains and losses, the one that’s most effective to reduce capital gains should be chosen.
Incomplete reporting for DeFi, NFTs, and bridged assets
Many crypto users aren’t aware that liquidity pool withdrawals, wrapped token activity, or bridging assets across chains can be taxable events. A certified crypto CPA knows how to identify any taxable event accurately.
Best Practices Our Crypto CPAs Use to Protect Your Crypto Portfolio
The IRS views cryptocurrency as property, not currency. That means buying, selling, swapping, or using crypto in any way can be a taxable event. One of the biggest red flags in a crypto audit is missing data. Our crypto CPAs audit proof your records with these practices:
- Keep detailed crypto transaction logs across all wallets, exchanges, and protocols.
- Track cost basis for each acquisition using FIFO, LIFO, or HIFO methods depending on the tax strategy.
- Record income events (e.g., staking, mining, royalties).
- Timely filing and reporting of the right forms (e.g., Form 8949, Schedule D, FBAR, FinCEN, 1040-Crypto disclosures).
- Plan a tax saving strategy to reduce your tax burden.
By following these practices, our expert cryptocurrency accountants ensure that you are strategically positioned for success with a solid tax plan. As you expand your crypto portfolio, proper crypto accounting management will help you make informed financial decisions too.
FAQs
Your Questions, Answered
Why do I need a crypto CPA?
A crypto CPA is a certified public accountant who specializes in cryptocurrency taxation and accounting. You can stay compliant with IRS rules when dealing with complex digital asset transactions with an expert crypto CPA’s help. Crypto CPAs also help to save money through legal tax strategies.
Can a crypto CPA help with DeFi and NFT taxes?
Yes. DeFi and NFT activity requires complicated tax treatment for wrapping, bridging, and income classification. A crypto CPA tracks these transactions correctly and applies the proper tax codes.
How will a crypto CPA handle missing and incomplete data?
Our crypto CPAs use specialized tools to reconstruct your transaction history from wallets, exchanges, and protocols. We flag any gaps and reconcile transactions to make your records audit-ready.
Do I need a crypto CPA if I only used Coinbase or Binance?
Even with just one or two exchanges, your tax forms may still be inaccurate if you are relying on generic summaries. A crypto CPA ensures accurate calculations based on transaction-level data.
Can a crypto CPA help me reduce my tax liability?
Yes. A crypto CPA can advise on capital loss harvesting, entity structuring, HIFO/LIFO methods, and other strategies that minimize your tax bill legally.
