Strategic advisory to help improve profits and cash flows to grow your business.
The key to scaling your business, making good business decisions, & measuring your performance is measuring, tracking & improving the right financial metrics, benchmarks & key performance indictors in your business.
Your financial system needs to be properly designed based on your unique needs, updated regularly, systematic improvements implemented into your business regularly.
Our team at Camuso CPA is on top of the rapidly developing business landscape for digital businesses. We leverage extensive accounting experience, the latest technologies and industry-specific knowledge to deliver digital businesses outsourced CFO services.
Camuso CPA has the skills and depth of service to address even your most complex business and investment accounting needs, designing tailored financial solutions based on your unique financial situation.
Explore What We Offer!
Who do we work with?
We have experience serving the sophisticated and expanding needs of a wide range of institutional, corporate, high-net worth and individual clients.
- eCommerce Stores
- Corporations with crypto holdings
- Consultants paid via cryptocurrency
- Crypto Mining Operations
- NFT Artists & Dealers
- Web 3.0 Businesses
What we offer
Profit Improvement
Cash Flow Management
Cash Flow Forecasting
Key Performance Indicators
Benchmarking
Financial Ratio Analysis
Inventory Planning
Here's how the process goes
Our financial process delivers a financial system that provides you with timely, insightful financials to empower you to make better business decisions, increase your profits and improve your cash flows.
During the initial onboarding process you will have a consultation with your accounting advisor to discuss your business, the accounting process, engagement expectations and what information we will need to complete the engagement.
Our team will assess your business finances, set up your financial dashboard based on type of digital business that you own and your current business needs and provide initial recommendations.
Your CFO advisor is available to you on an a monthly basis to review and interpret your financial statements, financial dashboard and provide recommendations.
CFO services start at $2,000 per month
Schedule A Call Today!
Total Tax Savings
$2.4Million
Total Tax Savings
$137,000+
Total Tax Savings
$128,800+
Total Tax Savings
$295,000+
Total Tax Savings
$500,000+
Total Tax Savings
$2.4Million
Total Tax Savings
$137,000+
Total Tax Savings
$128,800+
Total Tax Savings
$295,000+
Total Tax Savings
$500,000+
Total Tax Deferral
$1.1Million
Clients we helped
Paul, the managing partner of a successful Bitcoin mining company, sought our firm's assistance for tax planning. Our collaborative efforts led to significant tax-saving strategies for his business. Furthermore, our guidance allowed Paul to gain clarity on accelerating depreciation schedules for purchased equipment and assets. Moreover, our firm aided Paul in setting up and updating his accounting system to ensure accurate records for past transactions. This enhancement provided comprehensive financial visibility and facilitated precise tax planning and compliance strategies.
Mining Operation
William, a successful NFT artist, sought our firm's assistance for tax planning, aiming to optimize his financial structure. In addition to tax planning, our collaboration led to the implementation of a robust accounting and tax projection system. This system not only ensured up-to-date financial records but also enabled William to stay proactive with estimated IRS tax payments. By proactively converting tax liabilities from ETH to USD before a significant market correction, he successfully mitigated the impact of potential market fluctuations, ensuring a more stable financial position.
NFT Artist
Chad, a thriving Web3 CEO, sought our expertise for tax planning to optimize his financial structure. Our approach centered on providing Chad with comprehensive insights and information to navigate tax-related matters. This empowered Chad to make informed decisions and leverage potential opportunities within the tax landscape while aligning with his business objectives.
Additionally, as part of our collaboration, we established a comprehensive accounting system tailored to the intricacies of Web3, integrating a sub-ledger and a general ledger. This system streamlined Chad's financial operations, offering a structured approach to manage and track transactions, ensuring accuracy, and facilitating transparent financial reporting.
Web3 CEO
Jonathan, a successful cryptocurrency investor, sought our firm's expertise for cryptocurrency accounting after facing challenges with various popular accounting software. These software tools not only overstated his profits by multiple millions but also lacked support for many transactions and blockchains he utilized. Additionally, Jonathan received inaccurate 1099s from exchanges, which failed to correctly report his cost basis. His extensive activity spanned approximately 15+ exchanges, 30+ wallets, and encompassed diverse transactions, including margin trading, several DeFi protocols, and NFT purchases across 10+ blockchains from 2016 to the present.
Upon engagement, our team initiated the setup of an accurate accounting system for Jonathan, meticulously updating his financial records from 2016 to the present day. We diligently reconciled his activities with the erroneous 1099s and reported his transactions accurately to the IRS.
Furthermore, through ongoing maintenance of Jonathan's accounting system, we identified loss harvesting opportunities, resulting in substantial tax savings.
Cryptocurrency Investor
Accounting FAQ
When should I hire an outsourced CFO service?
We’ve found that we usually work with clients that have businesses with revenue of $1M or above.
How Is Camuso CPA different from other accounting service providers?
Most outsourced accounting service providers focus on many different businesses and often lack cryptocurrency and digital business expertise.
At Camuso CPA, all of our clients are cryptocurrency investors or digital business owners and we’ve developed cryptocurrency specific expertise that allows us to provide tailored solutions to our clients in ways most other firm simply can’t.
Since we focus cryptocurrency investors and digital business owners we have unique experience that can help you not only gain accounting expertise and tax advice, but also provide unique industry-related insights.
Can you integrate my cryptocurrency transactions with QuickBooks, so I have a complete financial data set?
Yes, we can manage the full accounting system for your cryptocurrency business including your month-end and year-end close process, cryptocurrency transaction accounting, adjusting journal entries and accounting system integration.
Can you manage inventory reporting and product costing for my eCommerce business?
Yes, we can manage the full accounting system for your eCommerce busienss including your month-end and year-end close process, accurate Inventory Reporting, Cost of Goods Sold, and accounts payable/receivable.
Can Camuso CPA prepare and file my taxes?
We can prepare virtually any type of federal or state tax return, most commonly:
- Individual returns: Form 1040
- Partnership returns: Form 1065
- C-Corp & S-Corp returns: Form 1120 and Form 1120-S
- Trust Returns: Form 1041
- Foreign Reporting: Form 114 & Form 8938
- State returns across all 50 states
Does Camuso CPA provide tax planning services?
Yes, tax planning is the foundation to minimizing taxes and we offer ways we can help you get a tax plan in place. You can learn more about your tax planning options here.
Do you offer Crypto Accounting services?
Yes, we offer cryptocurrency accounting services, e-Commerce and traditional accounting services. To learn more about this please visit the cryptocurrency accounting webpages.
What types of investors and businesses do you work with?
We work with cryptocurrency investors and digital business owners of virtually all types. We’ve worked with clients with a handful of crypto transactions to clients with tens of thousands of highly complex transactions and established businesses.
We have experience serving the sophisticated and expanding needs of a wide range of institutional, corporate, high-net worth and individual clients including:
- Cryptocurrency, DeFi & NFT Investors
- eCommerce Businesses
- Crypto Mining Operations
- Corporations with Crypto Transactions
- NFT Artists & Dealers
- VC Firms
- Consultants and Advisors
- Executives compensated with crypto and/or RTUs
Do you currently work with QuickBooks Online (QBO)?
Yes
Do you currently work with Xero?
No.
Where are you located?
We are a 100% virtual organization that is headquartered in Charlotte, NC.
How do you secure my data if we are working virtually?
When sharing data we use Sharefile which is supported by Citrix.
Citrix meets SOC 2 compliance, a framework designed by the AICPA to safeguard the storage and transfer of customer data in the cloud. SOC 2 reports are issued by independent third-party auditors covering the principles of Security, Availability, Confidentiality, and Privacy.
How do I get started working with Camuso CPA?
To get started please visit our Work with Us webpage. If you fit the description of clients we work with, please fill out a webform to contact our team and provide as many details about your tax and financial situation as possible. Our team will reach out after your form submission within 1-3 business days.
What client's have to say
"Excellent professionalism and courtesy from this highly knowledgeable and dedicated firm. My go-to for crypto related accounting and preparation services. Highly recommended for any crypto asset holder."
Excellent professionalism and courtesy.
"Patrick is a fantastic accountant and is fluent with crypto / crypto-regulations."
Trusted CryptoCPA
"I work with Camuso CPA for both my business and personal taxes. They have been great in terms of tax planning and saving on taxes for my eCommerce business.Camuso CPA has also been great in terms of cryptocurrency accounting and advice related to this. My crypto situation was a nightmare and they were able to accurately handle everything. Patrick is the most knowledgeable person I have ever spoken with for crypto taxes."
HE DID A GREAT HONEST JOB
"The service was excellent. I had no idea on how to present the information.Considering that the data was put together by people with experience gave a lot of value to the service.Even if I used some of the tools online that was recommended, my situation was quite complex & would have been very time consuming to make sure that it was accurate.If I used someone without experience, this would be a very expensive & time consuming process and it may not even be accurate. In the end I thought that the service was worth it."
THE SERVICE WAS EXCELLENT
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