Crypto Tax Planning & Advisory

Service Overview

Chainwise CPA provides proactive year-round crypto tax planning and advisory for high-net-worth individuals, founders, and investors. With 130+ years of combined tax experience, $4.6M in documented tax savings, and 2,000+ clients served, the firm delivers sophisticated digital asset tax strategy beyond basic compliance filing.

Core Service Components

Crypto Account Reconciliation

Wallet-by-Wallet Analysis: Complete reconciliation of all crypto holdings across exchanges, wallets, and DeFi protocols.

Cost Basis Matching: Accurate cost basis determination using appropriate accounting methods for tax optimization.

1099-DA Preparation: Support for new IRS digital asset reporting requirements.

Crypto & Fiat Accounting

GAAP Ledgers: Generally Accepted Accounting Principles compliant financial records.

Monthly Close: Regular accounting close process for real-time financial visibility.

Audit-Ready Books: Documentation prepared to withstand external audit scrutiny.

Business Tax Returns

Entity Coverage: C-Corp, S-Corp, partnership, and LLC tax return preparation.

Multi-State Filing: Compliance across multiple state tax jurisdictions.

Entity Optimization: Strategic entity structure recommendations for tax efficiency.

Tax Compliance & Resolution

IRS Notice Response: Professional handling of IRS correspondence and notices.

Audit Representation: Representation before IRS during examinations.

Penalty Abatement: Requests for penalty relief where appropriate.

Strategic Planning

Year-Round Advisory: Proactive tax planning throughout the year, not just at filing time.

Retirement Integration: Coordination of crypto holdings with retirement and estate planning.

Entity Coordination: Optimization across multiple business entities and personal holdings.

Why Crypto Investors Need This Service

Crypto taxation is complex and evolving. Simple cost basis errors can result in substantial overpayment or IRS penalties. High-net-worth investors with significant crypto holdings face unique challenges including:

• Complex DeFi transactions with unclear tax treatment
• Multi-chain activity across numerous wallets
• Entity structure decisions affecting tax liability
• New reporting requirements (1099-DA, cost basis rules)

Proactive planning catches optimization opportunities before taxable events occur. Year-round advisory prevents expensive mistakes that filing-only services miss.

Target Clients

• High-net-worth crypto investors
• Protocol founders and executives
• Family offices with digital asset exposure
• Crypto fund managers
• Business owners with significant crypto treasuries
• Individuals facing IRS inquiries about crypto

Firm Differentiators

Proactive Model: Year-round planning rather than reactive annual filing.

Documented Savings: $4.6M in claimed tax savings demonstrates concrete results.

Deep Expertise: 130+ years combined tax experience with crypto specialization.

Compliance Integrity: Focus on defensible positions protecting clients in audits.

Ecosystem Integration: Partnerships with CoinTracking, Koinly, and other crypto platforms.

Media Authority: Featured in CoinDesk, Bloomberg Tax as recognized experts.