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Certified Public Accountants (CPA)
All 50 United States
International Clients Welcome
Crypto & 1099-DA Specialists
English · Polish · Ukrainian
24-Hour Response Commitment
✓
Business Returns (1120, 1065, 1120-S)
Corporate, partnership, and S-corporation returns for all entity types, filed accurately and on time.
✓
Multi-State Filing
Returns spanning multiple states with proper nexus analysis, apportionment, and state-specific compliance.
✓
Amended Returns (Form 1040-X)
Corrections to prior-year returns — recovering missed deductions, correcting errors, and filing amended state returns.
✓
IRS Correspondence & Notices
We handle all IRS letters, notices, and inquiries on your behalf — professionally and promptly.
✓
Prior Year & Late Returns
Unfiled returns for any prior year, including penalty abatement strategy and installment agreement guidance.
Why CPA Legacy Group
CPA-Led Professionals — licensed, credentialed, and fully accountable
24-Hour Response Guarantee — a real professional responds within one business day
Year-Round Availability — not just during tax season; we are here whenever you need us
All 50 United States — multi-state and federal compliance expertise
International Clients — foreign companies and individuals served with full expertise
Trilingual — English, Polish & Ukrainian — serving diverse clients and businesses
Ready to get started?
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Home›Industries›Crypto & Digital Assets
Certified Public Accountants · Industry Expertise

₿ Crypto & Digital Assets

Full IRS compliance for every type of digital asset activity — delivered by Certified Public Accountants who understand your industry's specific challenges.

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Overview

Understanding Your
Industry's Tax Landscape

Cryptocurrency taxation is one of the most rapidly evolving areas of US tax law. The IRS has made digital asset reporting a top enforcement priority — and with Form 1099-DA beginning with tax year 2025, broker reporting requirements now mirror those for traditional securities. Whether you hold Bitcoin, trade across dozens of wallets, earn yield through DeFi protocols, or operate a mining operation, accurate reporting is non-negotiable.

Talk to Our Team
2025
1099-DA effective date
28%
Collectibles rate on some NFTs
5,000+
Returns filed
24h
Response guarantee
Related Services
Common Challenges

Tax & Financial Challenges
Crypto & Digital Assets Businesses Face

These are the issues we see most often — and the ones that cost the most when handled incorrectly. Click any item to read more.

Form 1099-DA Reconciliation & Mismatches+
Beginning with tax year 2025, brokers must issue Form 1099-DA for digital asset transactions. The 1099-DA will report proceeds but may not accurately reflect your cost basis — especially for assets moved between wallets or acquired before broker tracking began. Mismatches between your 1099-DA and your return trigger automatic IRS notices.
Cost Basis Tracking Across Multiple Wallets & Exchanges+
If you have traded on Coinbase, Binance, Kraken, and self-custody wallets simultaneously, your cost basis is spread across all of them. FIFO, LIFO, and HIFO lot identification methods produce dramatically different tax outcomes — choosing the right method can save thousands.
DeFi Income — Liquidity Pools, Yield Farming & Staking+
DeFi activity generates taxable income that most investors do not report — liquidity pool fees, yield farming rewards, staking income, and governance token distributions are all ordinary income when received. The IRS has been clear on this, and under-reporting is a significant audit risk.
NFT Taxation — Creator vs. Collector Rules+
NFT tax treatment differs based on whether you are a creator or a collector. Creators pay ordinary income tax on NFT sales. Collectors pay capital gains — but certain NFTs may be classified as collectibles subject to the 28% rate rather than the standard long-term capital gains rate.
Prior Year Unreported Activity+
Many investors traded actively in 2020–2023 and either did not report or significantly under-reported. The IRS receives exchange data through John Doe summonses. Proactive voluntary disclosure and amended returns significantly reduce penalty exposure.
Mining & Business vs. Hobby Classification+
Mining income is taxable when received. Whether mining is a business or a hobby determines whether you can deduct equipment, electricity, and other costs — incorrect classification creates problems either way.
How We Help

Our Services for
Crypto & Digital Assets

Every engagement is tailored to your specific situation. We build strategies that fit your industry, your numbers, and your goals — not generic advice applied to everyone.

✓
1099-DA Tracking & Reconciliation
We match every broker-issued 1099-DA against your complete transaction history across all wallets and exchanges — accurate, defensible, IRS-ready.
✓
Capital Gains & Cost Basis Optimization
FIFO, LIFO, and HIFO lot identification — selecting the optimal method for your portfolio and documenting every position.
✓
DeFi, Staking & Yield Income Reporting
Comprehensive reporting for all DeFi activity — liquidity pools, yield farming, staking rewards, airdrops, and governance tokens.
✓
NFT Tax Compliance
Creator and collector NFT reporting, collectible rate analysis, and royalty income treatment.
✓
Prior Year Amended Returns & Voluntary Disclosure
We correct prior year unreported crypto activity, minimize penalties, and build defensible documentation.
✓
IRS Audit Representation
If you receive a notice or audit related to digital assets, we represent you at every stage.
Why CPA Legacy Group
Industry-specific expertise — not generic advice applied to your situation
CPA-Led professionals — licensed, credentialed, accountable to every client
24-hour response guarantee — every inquiry, every time, no exceptions
All 50 states — multi-state and federal compliance expertise
Year-round availability — not just during tax season
English, Polish & Ukrainian — trilingual professional service
Ready to get started?
Schedule a Free Consultation
01
Consultation

We discuss your specific situation, industry challenges, and goals — honestly, without pressure. No obligation.

02
Engagement

A clear written engagement letter with transparent pricing. A dedicated CPA assigned to your account.

03
Execution

We prepare your deliverables with open communication throughout. You review and approve before anything is filed.

04
Year-Round Support

We remain your trusted advisors after filing — for planning, IRS matters, and every financial decision in between.

Ready to Work with a CPA Who
Knows Crypto & Digital Assets?

Schedule a free consultation. We'll listen to your situation and tell you exactly how we can help. English, Polish, and Ukrainian available.

Schedule a Consultation ✉ Email Our Team

✓ 24-HOUR RESPONSE GUARANTEE

Ready to Build a Stronger
Financial Future?

Reach out by phone, form, or email — a real professional responds within 24 hours. No automated replies. No runarounds. Your success is our commitment.

Schedule a Consultation✉ Email Our Team Directly✓ 24-Hour Response Guarantee
✉ Get Started