Crypto & Web3

Crypto-Native Accounting & Tax for Web3 Companies

We bridge the gap between on-chain activity and GAAP financials. From DeFi yield farming to token generation events, we reconcile wallets and exchanges with absolute precision.

Crypto & Web3 accounting

Why Standard Accounting Firms Fail Crypto & Web3 Businesses

Generic accountants treat all businesses the same. Here is how TallyWise is built specifically for your industry's nuances.

Wallet Tracking

Old Way / Others

Downloading CSVs from Etherscan and manually trying to match prices in Excel.

The TallyWise Way

Enterprise crypto sub-ledgers automatically syncing and pricing every transaction.

Cost Basis

Old Way / Others

Guessing the cost basis of tokens leading to massive overpayment of capital gains tax.

The TallyWise Way

Specific identification and automated FIFO tracking for accurate cost basis.

Contractor Payments

Old Way / Others

Sending USDC without recording the USD equivalent value on the date of transfer.

The TallyWise Way

Compliant recording of crypto payments for accurate W-2 and 1099 reporting.

DeFi & Staking

Old Way / Others

Ignoring complex yield farming rewards until tax season and panicking.

The TallyWise Way

Continuous tracking of staking rewards, LP tokens, and airdrops at fair market value.

Specialized Value for Crypto & Web3

Financial operations tailored precisely to the metrics that matter most in your sector.

Tax Optimization

Navigating evolving IRS guidance to optimize your tax liabilities on airdrops and yields.

Audit Readiness

Bridging the gap between blockchains and GAAP so auditors can verify your digital assets.

Treasury Clarity

Real-time visibility into the exact USD value of your multi-wallet, multi-chain treasury.

Frequently Asked Questions

Common questions about our crypto & web3 accounting services.

What accounting software do you use for crypto?

We typically use Xero or QuickBooks Online as the main GL, but we pair it with enterprise crypto sub-ledgers to handle the high volume of on-chain data.

Do you help with DAO accounting?

Yes, we assist DAOs and foundations with treasury reporting, contributor compensation, and entity structuring.

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