Best Crypto CPA in 2024

Cryptocurrency compliancehas become one of the IRS's top priorities for 2024, with stricter enforcement and new reporting requirements. As crypto adoption continues to rise, the IRS is making it clear that anyone engaging in digital asset transactions, whether selling, receiving payments, or mining, must report these activities accurately on their tax return. In fact, every taxpayer filing forms such as 1040, 1065, or 1120 must answer whether they engaged in digital asset transactions, regardless of whether they actually did or not. The IRS emphasizes that digital asset transactions—ranging from receiving crypto for services to exchanging it for other assets—trigger tax liabilities. An analysis by Barclays managing director Joseph Abate estimated thatas much as $50 billion per year in taxesis lost due to unreported crypto transactions. This has created a significant demand for specialized CPAs who understand the complex tax landscape surrounding cryptocurrency. We will explore some of the best crypto CPAs who can help you navigate these evolving regulations and ensure your crypto investments remain compliant.

What is a Crypto CPA?

ACrypto CPAis a specialized accountant whohelps you manage the tax and financial aspects of cryptocurrency transactions. These professionals understand how crypto is taxed, includingbuying,selling,mining, andstaking, which come with specific IRS reporting requirements.With the growing popularity of digital assets like Bitcoin, Ethereum, and other cryptocurrencies,businesses and individuals need experts who understand how to navigate the complex tax rulesand reporting requirements associated with crypto transactions.A Crypto CPA is trained in the nuances of crypto tax laws. They help clients comply with government regulations while optimizing their tax strategies.One of the primary roles of a Crypto CPA is toassist with the proper reporting of cryptocurrency transactions for tax purposes. In many jurisdictions, cryptocurrency is treated as property, meaning every trade, purchase, or sale can result in a capital gains tax event. In March 2014, the IRS issued guidance (IRS Notice 2014-21) confirming thatcryptocurrencies like Bitcoin are considered propertyfor federal tax purposes.A Crypto CPA helps clients track their transactions, calculate the gains or losses, and file accurate tax returns.Additionally, they help clients navigate the challenges of DeFi (Decentralized Finance), staking rewards, and NFTs, ensuring that all digital assets are accounted for correctly.Beyond tax filing,a Crypto CPA offers strategic advice on financial planning, auditing, and risk management in crypto. Theyhelp businesses implement accounting systems that can handle the complexities of crypto transactionsand provide insights into how to manage cryptocurrency investments effectively.

Best Crypto CPA at a Glance

1. Sam's List

Sam's Listis a platform that simplifies findingtrusted accountants, particularly those with expertise in cryptocurrency.  After conducting thorough research and interviewing over 100 accountants, the platform provides acurated list of professionalsvetted for their expertise in handling complex tax issues. It serves as a resource for businesses and individuals who need reliable tax professionals with knowledge of cryptocurrency regulations. What sets Sam's List apart is itsinteractive features. You can view client endorsements and get matched with the right professionals based on their needs.  For example, if you're looking for an accountant to help with crypto taxes, Sam's List can connect you to someone with that specific expertise. In addition, Sam's List includesintegrated schedulingfor some accountants, allowing you to book consultations directly. This feature, along with its focus on quality, makes it a valuable tool for anyone dealing with the challenges of cryptocurrency accounting.Real client feedbackandease of accessensure that you can find the right accountant without the hassle of extensive searching.

Features

Here are some of the core features of Sam’s List that make it the go-to resource for startups seeking theBest Crypto CPA:

Endorsements: You can see who has endorsed an accountant and the reasons behind it, giving you real insights into their expertise and performance.

Accountant Matching: The platform pairs you with accountants based on your specific needs, such as cryptocurrency tax strategies.

Integrated Scheduling: For added convenience, some accountants have integrated their calendars so that you can book consultations directly through the platform without back-and-forth emails.

Pricing

Sam’s List is committed to providing unbiased,high-quality recommendations at no cost to users.We offer free access to the Best Crypto CPA listings, making finding the right crypto accountant for your business easy. While Sam’s List is free to use,the CPAs we recommend operate independently. You’ll work directly with them to discuss fees and services.

Pros of Sam's List

Thorough vetting process: Sam’s List ensures that each accountant is thoroughly reviewed, so you can trust that you’re only connected with experienced and qualified professionals.

Transparency through endorsements: You get to see detailed endorsements from real clients, which provides valuable insights into why an accountant is highly rated and their strengths.

Time-saving: The platform saves you hours of searching and vetting by providing a well-researched list of top accountants, especially in specialized areas like cryptocurrency.

Integrated scheduling: Some accountants offer the convenience of booking consultations directly through the platform, eliminating back-and-forth communication.

Cons of Sam's List

Limited direct pricing details on the platform

Reliance on the performance of listed providers

Sam’s List simplifies finding thebest Crypto CPA, giving you access to trusted professionals who understand your needs.Visit Sam’s List todayand explore our curated recommendations and expert insights to take your business to the next level.

2. Indinero

Indinerois a comprehensive financial services platform offering various solutions tailored for businesses, from startups to established companies.  They provideoutsourced accounting, bookkeeping, CFO services, and tax compliance.  Indinero's ability to combine these services into a seamless, integrated approach sets it apart. It is particularly beneficial for businesses that need expert financial oversight but may not have the resources to hire a full in-house team. Indinero’s tax services are a strong fit for companies dealing with cryptocurrency. They offer compliance and planning solutions to navigate the complex tax regulations surrounding crypto.  This includesstrategic tax planningto minimize liabilities and ensure businesses comply with ever-evolving tax laws. Their team provides actionable insights that help clients optimize their tax strategies while handling all the financial and operational complexities of managing digital assets. Indinero also scales its services to match your business growth, meaning whether you're a startup or an expanding business, its solutions adapt to your needs. This is particularly valuable for those managing cryptocurrency, where rapid changes in the market requireflexible and expert financial oversight​.

Pros

Comprehensive financial services: Indinero provides a one-stop shop for accounting, bookkeeping, tax compliance, and CFO services, making it ideal for businesses seeking an integrated solution​.

Expertise in cryptocurrency: Their tax services are tailored for crypto businesses, ensuring compliance with complex crypto tax regulations and offering strategic tax planning​.

Scalable solutions: Whether you’re a startup or a growing company, Indinero's services are flexible and can scale with your business as it expands​.

Time-saving automation: Indinero uses cutting-edge technology to automate tasks like bookkeeping, payroll, and financial reporting, reducing errors and increasing efficiency​.

Experienced team: With years of industry experience, Indinero’s team of financial professionals offers reliable and expert support, ensuring that businesses receive high-quality financial advice​.

Cons

Higher cost for small businesses: While Indinero offers comprehensive services, the cost might be higher than what very small businesses or startups with tight budgets can afford​.

Limited to U.S. tax expertise: Indinero’s services primarily focus on U.S. tax laws, which may not be suitable for businesses operating in multiple international markets​.

Potential complexity: Due to the wide range of services offered, some users may find it overwhelming if they don’t require all the features, leading to unnecessary complexity for smaller operations​.

3. TokenTax

TokenTaxis aspecialized crypto tax software and servicethat helps users manage the often complex tax requirements related to cryptocurrency transactions.  The platform integrates with over 120 crypto exchanges and wallets, automating tax calculations and form generation. This makes it particularly valuable for crypto traders intax loss harvesting,margin trading, and DeFi taxes.  TokenTax allows users to generate essential tax forms, such as Form 8949, needed for reporting capital gains and losses. It can even integrate with tax software likeTurboTaxfor streamlined filing. One of TokenTax's standout features is itsTax Loss Harvesting Dashboard, which helps users identify opportunities to reduce their taxable capital gains. The platform also supportsstaking and mining income reporting, making it easy to manage taxable crypto rewards. For businesses and individuals needing extra help, TokenTax offers in-house CPAs who can provide personalized assistance, including filing taxes on your behalf or managing more complex situations like reconciliation from defunct exchanges.

Pros

Comprehensive integration: TokenTax integrates with over 120 exchanges and wallets, capturing all your crypto data.

In-house CPA services: TokenTax offers CPA consultations and filing services for those needing extra assistance.

Tax optimization tools: Features liketax loss harvestingand Ethereum gas fee reporting help minimize your tax burden.

User-friendly interface: The platform provides easy-to-follow steps for importing data, reviewing transactions, and generating tax forms.

Global support: TokenTax offers services for crypto traders worldwide, staying up-to-date on international crypto tax regulations.

Cons

Limited free features: TokenTax doesn’t offer a free trial or plan, so users must pay upfront to use the service.

API access restrictions: Full API integrations are locked behind higher pricing tiers, which can be limiting for users with advanced trading needs.

TokenTax is well-suited for users looking for detailed and specialized tax solutions in crypto, especially those handling more complex transactions or requiring CPA assistance. 

4. Founder's CPA

Founder's CPAis a specialized accounting firm offering comprehensivecrypto tax and accounting servicestailored to startups, individuals, and businesses engaged in cryptocurrency.  They are well-versed in handling complex activities likemining, staking, DeFi transactions, and NFTs, ensuring accurate tracking and reporting for individual investors and businesses. The firm'sdeep expertise in crypto accountingallows it to manage both fiat and cryptocurrency transactions, giving clients a full financial picture. One of the Founder's CPAs' key strengths is their ability to providetailored tax planningstrategies, help clients navigate IRS regulations, and potentially save thousands in tax liabilities.  Their services includecalculating capital gains, determining tax liabilities, cost basis calculations, and ensuring full tax compliance for crypto-related activities. For startups using cryptocurrencies, they help integrate crypto activities with fiat accounting, ensuring that everything from income to expenses is accurately represented.

Pros

Specialized crypto services: The founder's CPA covers areas like mining, staking, and NFTs, which are often complex for businesses to manage independently.

Experienced team: The firm is staffed with knowledgeable CPAs and tax attorneys well-versed in the latest IRS crypto regulations.

Comprehensive solutions: Their services go beyond taxes, offering support with bookkeeping, financial modeling, and tax preparation.

Cons

U.S.-focused: Their services are primarily geared toward U.S.-based clients, making them less suitable for international crypto users.

Complexity for advanced traders: Handling intricate datasets from active traders might require custom solutions, leading to higher costs.

Limited offshore structuring: The firm does not offer services for international tax structuring related to offshore crypto activities.

5. Aprio

Aprio'sis a leading accounting firm specializing inblockchain and cryptocurrency services. It helps businesses manage the complexities of crypto tax compliance, audit readiness, and financial reporting.  It has developed a strong reputation in the industry for providing tailored services tocrypto entrepreneurs and blockchain companies, offering support in domestic and international tax matters.  Their services range fromhandling regulatory compliance for anti-money laundering (AML)to providing audit support for blockchain companies​. The firm is well-equipped to assist companies at various stages of growth. Aprio offers bookkeeping and outsourced accounting for early-stage ventures to ensure businesses stayinvestor-ready.  As companies mature, they provideaudit readiness servicesto help navigate vendor and regulatory audits smoothly. Aprio is also highly experienced incross-border crypto transactions, helping businesses comply with evolving tax laws and regulatory standards​.

Pros

Comprehensive crypto services: Aprio provides a full suite of services for blockchain and crypto companies, from tax compliance to audit preparation.

Experience in the crypto space: Aprio has been working with blockchain companies since 2013, making them one of the earliest firms in the field.

Global compliance expertise: The firm helps businesses manage complex cross-border tax and regulatory requirements.

Cons

High demand for services: Due to their strong reputation, availability may be limited, particularly for smaller clients.

U.S.-focused regulations: While Aprio handles international transactions, their primary focus is on U.S. compliance, which may not be suitable for companies operating exclusively overseas.

6. Akif CPA

Akif CPAis a firm that provides full-scope accounting and tax services, particularly for individuals and businesses involved in cryptocurrency.  They specialize in simplifyingcrypto tax reporting, ensuring compliance with IRS regulations, and offering tailoredtax strategiesto optimize financial outcomes. Whether you're an active trader, miner, or involved in blockchain development, Akif CPA helps you manage everything fromcapital gains and lossesto complex crypto transactions likestaking, NFTs, and DeFi. Their services cover many needs, includingbusiness accountingfor startups,CFO servicesfor more established companies, and specific crypto-related tax filings like Forms 8949 and Schedule D.  They also support transitioning from hobby crypto activities to more formal business structures, helping clients take advantage ofdeductions and tax breaksthat reduce their liabilities.

Pros

Specialized crypto expertise: Akif CPA is deeply experienced in handling complex crypto transactions, ensuring that businesses and individuals comply with evolving regulations.

Tailored solutions: The firm offers customized services for everyone from individual traders to businesses, including NFT creators, miners, and blockchain developers.

Comprehensive support: They provide everything from bookkeeping and data integration totax planningand advisory services, ensuring clients stay ahead of their financial obligations.

Cons

Niche focus: While highly specialized in crypto, the firm may not be the best fit for clients with broader accounting needs outside of digital assets.

Primarily North American focus: Though they handle international clients, the firm’s offices are primarily in Houston and Toronto, which might limit accessibility for clients outside North America.

Akif CPA’s deep expertise in cryptocurrency accounting and taxation makes it a strong choice for those heavily involved in the digital asset space.

7. Gorilla Accounting

Gorilla Accountingspecializes in providing comprehensive cryptocurrency accounting and tax services for both individuals and businesses in the UK.  They help navigate the complex UK tax landscape, includingcapital gains tax,crypto trading through limited companies, andself-assessment tax returns.  Their services include crypto tax optimization strategies, reporting requirements, and guidance on tax treatment for crypto gains, mining, staking, and other digital asset transactions. Gorilla Accounting makes tax compliance and accounting straightforward, allowing clients to focus on growing their crypto portfolios.

Pros:

Tailored crypto tax services: Expertise in handling cryptocurrency tax issues, including capital gains and self-assessment for crypto investors.

Support for limited companies: Gorilla Accounting assists businesses using crypto within a limited company structure, ensuring proper tax treatment and compliance.

UK tax compliance: The firm stays updated with evolving HMRC regulations, providing peace of mind for clients dealing with crypto assets.

Cons:

UK focus: Their services are tailored primarily to UK tax regulations, limiting their usefulness for clients outside the UK.

Limited global reach: Gorilla Accounting may not cover all necessary tax jurisdictions for international crypto traders.

8. Infinity22

Infinity22is a full-service accounting firm focusing on cryptocurrency and blockchain tax strategies. They specialize in helping individual crypto investors and businesses involved in crypto-related activities, such ascrypto trading, mining, DeFi, and NFTs.  Their services are tailored to maximize tax benefits and ensure compliance with the latest tax regulations, especially for clients dealing with complex crypto transactions. Infinity22 provides key services such ascapital gains tracking, reporting for crypto assets, and advisory services for businesses that want to optimize their tax positions.  They also offer comprehensive accounting support, from financial statement preparation to international tax management, making them a go-to for clients needing expert guidance in cryptocurrency taxation.

Pros

Crypto-focused expertise: Infinity22 is experienced in managing complex crypto-related tax issues, ensuring compliance and optimized tax filings.

Comprehensive support: Their services cover everything from bookkeeping to financial modeling, which benefits businesses operating in the crypto space.

Tailored tax strategies: Infinity22 helps clients maximize deductions and reduce tax liabilities, making their crypto investments more tax-efficient.

Cons

Australia-based focus: Their services are primarily geared toward Australian tax laws, which may limit their usefulness for international clients.

Limited global reach: Clients outside of Australia may find limited accessibility to services and local expertise.

9. Basis 365

Basis 365is anoutsourced accounting servicethat provides scalable, cloud-based accounting solutions to tech and eCommerce businesses.While not a CPA firm, Basis 365 offers a full range ofbookkeepingandaccountingservices using modern tools likeXeroandQuickBooks Online, making it ideal for businesses that need automation and seamless cloud integration.  Their unique team approach assigns each client a dedicated group of 2-3 accountants, ensuring consistency and expert attention throughout the year without the "busy season" challenges typically seen in CPA firms. Although Basis 365 does not specifically advertise cryptocurrency services, their robust outsourced model and experience with tech companies suggest they could support businesses involved in crypto trading, particularly in streamliningaccounting processesand ensuringaccurate financial reporting.

Pros

Cloud-based solutions: Basis 365 uses cloud accounting tools, offering a streamlined approach that integrates with platforms like Stripe, PayPal, and Bill.com.

Dedicated team approach: Clients get consistent support from a small team of accountants who focus solely on providing year-round service without seasonal interruptions.

Scalable for growth: Basis 365 can grow with your business, adding new features or services as your company expands.

Cons:

Not a CPA firm: While highly skilled in accounting, Basis 365 lacks the credentialing of a CPA firm, which may be necessary for certain tax filings or legal matters.

Limited crypto focus: They don’t specialize in cryptocurrency, so businesses heavily focused on crypto might need more specialized tax advice elsewhere.

Primarily U.S.-based: Basis 365 is tailored to U.S. clients and might not offer adequate support for businesses operating in multiple international markets.

How to Choose the Best Crypto CPA in 2024?

The complexities of crypto require a CPA who understands traditional tax rules and the intricate world of digital assets.  To choose the best crypto CPA (Certified Public Accountant) in 2024, consider the following essential factors:

1. Understand the Unique Challenges of Crypto Taxes

Crypto taxes go beyond regular capital gains. Depending on your activities—be ittrading, staking rewards, DeFi income, orNFT transactions—each comes with its own tax implications. A great Crypto CPA will know how to calculate transaction capital gains, track crypto income, and ensure compliance with the IRS or your local tax authority. For example, crypto transactions like swaps or transfers between wallets may trigger taxable events, and misreporting these can lead to penalties. To choose the best CPA, you need one who understands the nuances ofcryptocurrency regulations.  Ask your prospective CPA if they have experience with crypto-specific tax forms, like IRSForm 8949for reporting capital gains orSchedule Dfor asset dispositions. Their ability to handle complexities liketax loss harvestingor understanding the newcrypto tax reporting requirementswill show they can offer tailored solutions.

2. Look for Industry Experience

Not all CPAs are well-versed in crypto accounting. An ideal Crypto CPA should have experience withblockchain accountingor have worked with clients who deal extensively in digital currencies. Ask for case studies or examplesof how they've helped clients optimize their crypto taxes. A CPA who has successfully navigated clients through crypto audits or helped minimize tax burdens through strategic planning is a CPA who can do the same for you. Don’t just take their word for it—reviews and endorsementscan be your best friend.  Platforms likeSam’s Listprovide real feedback from clients who have used crypto CPAs, highlighting their experiences, strengths, and areas for improvement. This isa good way to validate whether the CPA knows the latest tax lawsand trends in the crypto space.

3. Ensure They Use the Right Tools

A good CPA will leveragecrypto-specific tax softwarethat integrates with your wallets and exchanges to ensure accurate reporting.  Tools likeTokenTaxorKoinlyautomate much of the tax calculation, ensuring fewer errors and making it easier to stay compliant.  Ask the CPA what software they use and if it can handle your specific situation, whether you’re mining, staking, or engaging in decentralized finance. The CPA should also be able to generatereal-time reportsof your crypto transactions, helping you stay ahead of tax obligations and reduce your taxable income through strategies liketax-loss harvesting. This proactive approach can help you save money while staying compliant.

4. Confirm Their Knowledge of Global Regulations

Cryptocurrency is global, and your investments might span multiple jurisdictions. If you’re dealing with cross-border transactions, the CPA must knowinternational crypto tax lawsand how they interact with local tax obligations.  For instance,crypto is taxed as property in some countries, while in others, it may be classified differently. Ensure the CPA understandstax treatiesand how they can affect your liability. With regulations tightening worldwide, especially with theIRS introducingnew rulesfor crypto reporting, it’s crucial to have a CPA up to date with local and global crypto tax laws.

5. Evaluate Their Fees and Services

Finally, be upfront about your budget. Crypto CPA services can range from flat-fee packages for basic tax reporting to hourly rates for more complex cases involvingDeFi, NFTs, orhigh-volume trading.  Ensure the CPA offerstransparent pricingand confirm that the fee structure is appropriate for the complexity of your crypto activities. Some crypto CPAs may offer consultations, but others charge for every question you ask. Be sure to discuss the scope of their services, including if they provideongoing advicethroughout the year or just file your taxes.For startups looking to find thebest crypto CPA,Sam’s Listis the ideal resource. Sam’s Listoffers a curated selection of highly vetted crypto CPAs, ensuring you can find an expert with the right skills and experience. We simplify the process with free access, personalized recommendations, expert insights, and a comprehensive resource hub. VisitSam’s Listtoday to connect with top-tier professionals and ensure your crypto accounting is in the best hands.