stub Top 10 Crypto Accounting Firms for Businesses - Securities.io
Connect with us

The Best Of...

Top 10 Crypto Accounting Firms for Businesses

mm

Published

 on

Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

Crypto Accounting

Learning about the top 10 crypto accountant firms for businesses is a great way to stay ahead of any tax requirements you may need to meet this year. The tax code continually changes depending on regulations, location, and assets. For those in the crypto market, finding the right crypto accounting firm to fit your needs can seem like a daunting task. Thankfully, you don’t have to stress out searching the many options. Here are the top 10 crypto accounting firms that can help your business grow while staying fully compliant (in no particular order).

1. CryptoTax International Pvt. Ltd

CryptoTax International provides businesses with a variety of helpful accounting services, tools, and resources. The company has +5 years of experience in the blockchain sector. Over that time, the firm has secured a reputation as a reliable, all-inclusive accounting solution with an experienced staff and a proven track record.

CryptoTax International has offices in the US and India. It serves the global crypto market via in-house services, including auditing, tax calculation, digital asset tracking, and resolution options. These services empower businesses to meet their tax obligations accurately and efficiently. Additionally, the platform's experienced team provides timely guidance to assist with complex crypto task services.

Source - CryptoTax

Source – CryptoTax

One of the coolest features offered by CryptoTax International is the Koinly tool. This easy-to-navigate feature streamlines IRS form generation, ensuring you have everything you need when it's time to file. CryptoTax International continues to receive heavy support and has been featured on CNBC and other top-performing outlets.

2. Cohen & Company

Cohen & Company is one of the best-known accounting firms on this list. Founded in 2004, The US-based firm offers tax specialist services internationally and has a massive community of clients. Businesses rely on these experts for key tasks, including auditing, advisory services, and more. Today, the company has offices globally, including in New York, Boca Raton, Philadelphia, Menlo Park, and Paris.

Cohen & Company manages approximately +2.1B in assets and can help companies with every aspect of their growth, including selecting the best structure, tax strategy, and features. As such, it's become a very popular option for enterprise-level clients.

Notably, Cohen & Company is a subsidiary of the massive Cohen Brothers conglomerate, which also includes Cohen Bros. & Company, Inc., Cohen Frères Sas, Dekania Investors, LLC, and Emporia Capital Management, LLC. This network holds considerable sway in the market and influence in their respective regions of operation. As such, Cohen & Company has a bright future with no shortage of large-scale clientele requesting to join its ecosystem.

3. Gilded

Gilded is a crypto accounting software provider that has seen considerable adoption over the last couple of years. The company provides a powerful suite of tools and services that enable the average person to confidently manage their crypto tax scenarios. These tools empower users to accurately report timely information and track their efforts to streamline filing at a later date.

The company provides a host of unique features that make it stand out against the competition. Users can easily track and report crypto activity over various blockchains in real-time. There's even a native stablecoin payment processing portal that ensures all stablecoin transactions meet compliance requirements regardless of your location. Also, you can connect to your favorite exchange like Coinbase to streamline the process further via automaton.

Another cool feature is the Transaction Tracking option. This system makes it easy to track and sync crypto transactions with the rest of your company's financial statements. The company has taken the necessary steps to allow for full blockchain integration of its tools across popular blockchains, including Bitcoin,  Ethereum, Polygon, Ronin, and Ethereum.

Another huge draw for the Gilded software package is its easy-to-navigate dashboard. This feature enables new users to complete complex accounting services without previous experience. Additionally, the software was built to integrate into other popular accounting protocols such as Quickbooks. These services make Gilded a smart option for many traders.

4. Deloitte

Deloitte has been in operation since 1845, making it one of the oldest members on this list. The internationally recognized accounting firm was founded in London and has continually expanded its services and offerings to meet the changing economy. Over its +1000 years of operation, Deloitte has successfully provided international business community audit, tax, and advisory services.

The Deloitte Blockchain Lab is their latest offering geared towards the decentralized economy. This venture streamlines all the vital services a blockchain-based project would require. You can gain access to powerful risk advisory, taxation, and digital asset tracking and reporting services. These options make it easy to ensure the reporting lifecycle of your digital assets is complete and accurate.

Deloitte is one of the world's premiere auditing firms and has a massive list of enterprise-level clientele. The company has serviced many clients and secured a reputation as a global leader. Its latest venture into the blockchain sector provides the decentralized economy access to a proven and reliable tax strategist and accounting firm.

Notably, Deloitte is one of the largest tax service providers in the world. It currently lists +80% of the Fortune 500 as clientele. Additionally, the firm is a massive operation that employs +475K professionals located in +150 countries. The sheer size and reach provide it with a host of benefits, including massive influence and legal presence.

5. Ernst & Young

Ernst & Young is another globally recognized crypto accounting solutions provider that makes this list. The company offers accounting services for several high-end tech companies and blockchain projects, adding to its experience. Firms can rely on Ernst & Young for relevant tax, information tech, advisory, and consulting services.

The company recently launched the EY blockchain analyzer. This feature was built to help add transparency to the blockchain space. As such, it introduces a host of helpful tools that make it easy to track, file, and do due diligence on blockchain projects. The company provides in-depth guidance for miners, stakers, and other DeFi tasks as part of this package. Filing these tasks can get confusing for those who are new to the process.

Notably, Ernst & Young is one of the largest and most successful accounting firms in the world. It is currently listed as one of the “Big Four” accounting firms. Ernst & Young provides blockchain projects with reliable, tested, and internationally recognized tax solutions and advisory services. Today, Ernst & Young lists some of the blockchain sector's biggest players as its clientele, adding to its validity and network's reach.

6. KPMG

KPMG is another one of the “Big Four” accounting firms to make the crypto tax list. This company has clientele located across the globe and specializes in tax services, risk management, compliance, and business advisor roles. Today, it’s a dominant force in the market and has made considerable effort to carve out its position in the blockchain accounting space.

The blockchain strategies introduced by this advisory board are tested and reliable. The company's strategic advisory services span the entire gamut of launch activities. You can easily track and plan out digital asset launches and more. Additionally, the firm can help with other aspects of your project, including creative design, animation, and videos.

There's also a dispute resolution protocol that can prevent future issues with clientele. This service integrates a variety of witness and dispute resolution features. When combining these services, it's easy to see how these experts can help guide your next business venture and ensure your blockchain assets remain fully tax-compliant.

Blockchain firms can leverage the auditing, advisory, and tax services that KPMG offers internationally. Keenly, it's one of the largest options on this list, with a staff of +227K professionals and operations in +146 countries globally. If your business needs an accounting firm with a proven track record and blockchain-specific features, KPMG could be a smart solution to explore.

7. Azran Financial

Los Angeles-based accounting firm Azran Financial is a blockchain-centric option that continues to attract new clientele. Unlike some of the larger competitors, this firm specializes in decentralized assets, DeFi, and blockchain projects. As such, it has a team of highly experienced and focused professionals who can guide you through the intricate tasks of filing, reporting, and conducting due diligence.

One of the best features offered by Azran Financial is the block audit readiness option. This service makes it easy to create blockchain entities correctly and with the best possible structure. Keenly, the company is constantly updating its offerings to meet the latest blockchain and crypto tax updates. These upgrades are made faster than many competitors since the company is focused purely on the blockchain market.

Azran Financial also offers a variety of Consulting Services. You can speak with experienced experts to get the answers to difficult crypto tax questions. The firm will help structure your blockchain company and set up financial planning and management services from scratch. All of these options make Azran Financial stand out against the competition.

8. Polygon Advisory Group

Polygon Advisory Group comes from the team behind the successful Polygon blockchain network. The fact that this firm was birthed from a blockchain project adds to its validity as a decentralized economy supporter. Additionally, the project provides an all-inclusive accounting experience to users.

Notably, the Polygon Advisory Group is completely cloud-based. It provides advanced crypto accounting and reporting software to various high-level clientele and individual users. The company has offices in the US and can help you structure your tax planning and blockchain accounting strategy without delay.

Today, Polygon Advisory Group offers a host of traditional and decentralized accounting services to the market. The company is ideal for blockchain firms seeking tax preparation and compliance. The network's client-centric approach includes virtual accounting services, making it easy for anyone, anywhere, to leverage their expertise when needed.

9. PricewaterhouseCoopers

PWC is another London-based accounting firm to make the list. The company officially became PricewaterhouseCoopers in 1998. It was founded in 1849 as Price Waterhouse before merging with Coopers & Lybrand in 1854. This massively successful accounting firm has multinational clients and earned more than $53 billion in revenue in 2023.

PWC specializes in taxation and reporting. Recently, the firm delved deep into blockchain services with the launch of its dedicated blockchain/crypto program, Digital Transformation. This service offers some cool features, including block forensic accounting and financial advisory.

PWC is one of the best in the sector for risk assurance and advisory services. The company also provides management consulting and legal services, making it a one-stop shop for enterprise-level clients seeking in-depth tax reporting and analytics.

PWC is one of the largest operations on this list. The company currently lists 364K active employees and has offices globally. Notably, these operations are destined to venture further into the blockchain sector as interest and the market increase.

10 Armanino

Armanino is a popular accounting and financial service provider. The company offers a full suite of accounting software, including support for tax preparation, filing, asset reporting, tracking, and business assessments. Companies can leverage these tools to improve their efficiency and drive performance.

Armanino offers various blockchain-based services to the market. The data clean-up option helps streamline organizing and filing financial info. The goal is to make bookkeeping as accurate and simple as possible. As such, the firm helps to ensure all records are correct, timely, and transparent.

Armanino has some cool features that are unique in the market. For one, the CFO evolution option helps financial experts streamline their actions and improve their results. Additionally, some tools help companies lay out their digital goals and vision. All of these options have helped Armanino become one of the world's top 25 largest crypto accounting firms.

Top 10 Crypto Accounting Firms

Now that you know the top 10 crypto accounting firms for businesses, you're prepared to start your blockchain venture. The blockchain space is moving quickly, and it's your responsibility to ensure you stay tax-compliant. These firms can help your company plan, report, and expand its blockade operations while keeping up to date on its tax obligations. For these reasons, any of the firms listed will make a great addition to your business team.

You can learn more about exciting blockchain projects here.

David Hamilton is a full-time journalist and a long-time bitcoinist. He specializes in writing articles on the blockchain. His articles have been published in multiple bitcoin publications including Bitcoinlightning.com