Accounting Built for Crypto & Web3
Wallet-level activity, token compensation and broker reporting that now reaches the IRS before you do. We turn on-chain chaos into reconciled books and defensible returns.
- Wallet & exchange reconciliation
- Gain/loss lot tracking
- Token & staking income treatment
- Tax filing by a CPA & EA
Crypto accounting is property accounting at high frequency. Every swap is a disposal, every reward is income, and the IRS now receives broker data directly. Records win.
Reconciliation across wallets and exchanges
We consolidate exchange exports and on-chain activity into a single ledger with per-lot cost basis — the foundation everything else stands on.
Income vs gains, classified correctly
- Staking, mining and reward income at fair value on receipt
- Trading gains and losses, short vs long term, lot by lot
- Tokens received as payment booked as revenue with a basis trail
The 1099-DA era
Brokers now report digital-asset sales to the IRS. Returns that don't reconcile to that data are the new audit trigger — matched books are the defense.
Entities, DAOs and founders
LLC vs C-corp for a web3 project, token allocations to founders, and foreign-owner 5472 duties when the LLC's owner is abroad — structure questions we handle before they become amendment projects.
FAQ
My exchange history is a mess. Fixable?
Almost always — we rebuild basis from exports and chain data. Gaps get documented assumptions, not guesses.
How is DeFi activity treated?
Swaps are disposals; liquidity and lending rewards are generally income on receipt. Positions get mapped case by case with a consistent, documented method.
Do you answer the digital-asset question on returns?
Yes — truthfully, with the records behind it. That checkbox is a perjury statement; we make sure the books support the answer.
On-chain books, off-chain peace
Reconciled wallets, per-lot gains and CPA-signed returns that match what the IRS already received.
How we file taxes for crypto & web3
Filing for this industry has its own forms, dates and deductions. Here's exactly what a crypto & web3 return involves when we prepare it.
The forms
Schedule D/Form 8949 with per-lot gain/loss detail; ordinary-income reporting for staking/mining/rewards; 1099-DA reconciliation; entity returns (1120/1120-S/1065) for project companies; 5472 for foreign-owned LLCs; FBAR/8938 where foreign exchanges apply.
The deadlines
Standard March 15 / April 15 entity and individual deadlines; the digital-asset question on page one must be answered accurately on every return. Full calendar on our 2026 deadlines page.
The deductions that matter here
Transaction fees baked into basis, mining equipment depreciation and electricity for active operations, software and node costs, professional fees; loss harvesting across lots (executed correctly).
Filing FAQ
The exchange's tax report doesn't match my records. Which wins?
Your reconciled wallet-level records — exchange reports miss transfers between your own wallets and misstate basis constantly. We rebuild from chain data and file what's defensible.
Do I owe tax on tokens I received but never sold?
Usually yes if they were rewards, staking income or payment — ordinary income at fair value on receipt. The later sale is a second, separate gain/loss event.