Top 10 Crypto Accounting Firms for Businesses: Stay Ahead of Tax Requirements
Top 10 Crypto Accounting Firms for Businesses: Stay Ahead of Tax Requirements
As the crypto market continues to evolve, staying compliant with tax regulations is crucial for businesses operating in this space. With the ever-changing tax code and regulations, finding the right crypto accounting firm to meet your needs can be a daunting task. To help you navigate this landscape, here are the top 10 crypto accounting firms that can assist your business in staying fully compliant and growing in the blockchain sector.
1. CryptoTax International:
With over 5 years of experience in the blockchain sector, CryptoTax International offers a range of accounting services, tools, and resources to businesses globally. Their services include auditing, tax calculation, digital asset tracking, and resolution options, empowering businesses to meet their tax obligations accurately and efficiently.
2. Cohen & Company:
Founded in 2004, Cohen & Company is a US-based accounting firm that offers tax specialist services internationally. With offices globally, including in New York, Boca Raton, and Paris, the firm manages approximately $2.1 billion in assets and provides key services such as auditing and advisory services to enterprise-level clients.
3. Gilded:
Gilded is a crypto accounting software provider that has seen considerable adoption in recent years. Their suite of tools and services enables users to confidently manage their crypto tax scenarios, including tracking and reporting crypto activity over various blockchains in real-time.
4. Deloitte:
Established in 1845, Deloitte is one of the oldest accounting firms on this list, offering audit, tax, and advisory services to the international business community. Their Blockchain Lab provides services tailored to the decentralized economy, including risk advisory, taxation, and digital asset tracking and reporting.
5. Ernst & Young:
Ernst & Young, one of the “Big Four” accounting firms, offers accounting services for high-end tech companies and blockchain projects. Their EY blockchain analyzer helps add transparency to the blockchain space, providing guidance for miners, stakers, and other DeFi tasks.
6. KPMG:
Another “Big Four” accounting firm, KPMG specializes in tax services, risk management, compliance, and business advisory roles. Their strategic advisory services cover the entire launch activities of blockchain projects, ensuring compliance and tax efficiency.
7. Azran Financial:
Based in Los Angeles, Azran Financial specializes in decentralized assets, DeFi, and blockchain projects. Their block audit readiness service helps create blockchain entities correctly, and their consulting services provide expert guidance on tax planning and financial management.
8. Polygon Advisory Group:
Founded by the team behind the successful Polygon blockchain network, Polygon Advisory Group offers cloud-based crypto accounting and reporting software to high-level clientele. Their client-centric approach includes virtual accounting services for blockchain firms seeking tax preparation and compliance.
9. PWC:
PricewaterhouseCoopers (PWC) is a London-based accounting firm that specializes in taxation and reporting. Their Digital Transformation program offers blockchain services such as block forensic accounting and financial advisory, making them a one-stop shop for enterprise-level clients.
10. Armanino:
Armanino is a popular accounting and financial service provider offering a full suite of accounting software for tax preparation, filing, asset reporting, tracking, and business assessments. Their unique features, such as data clean-up and CFO evolution options, have made them one of the world’s top 25 largest crypto accounting firms.
With the top 10 crypto accounting firms listed above, businesses can ensure they are tax-compliant and well-equipped to navigate the complexities of the blockchain sector. Whether you are a new blockchain project or an established enterprise, partnering with one of these firms can help drive your success in the evolving crypto market.