Remote Crypto CPA: Nationwide Virtual Tax Services

 

Why Choose a Remote Crypto CPA?

Choosing a remote crypto CPA means you get access to specialized expertise in cryptocurrency taxation, no matter where you live. Monaco CPA serves clients in all 50 states, providing virtual CPA services that eliminate geographic barriers. With a remote crypto CPA, you benefit from:

• Nationwide service and compliance with state-specific tax rules

• Access to deep crypto tax expertise not always available locally

• Seamless, secure virtual communication and document exchange

• Flexible scheduling to fit your needs

 

Whether you’re an individual investor or a business, Monaco CPA ensures you receive expert guidance and support for your crypto tax needs—wherever you are in the U.S.

 

Your Crypto Tax Services CPA Doesn't Need to Be Local

Cryptocurrency doesn’t care where you live. Your transactions happen on-chain, across borders, 24/7. So why should your CPA be limited by geography? At Monaco CPA, we serve crypto investors and businesses across all 50 states with the same responsive, expert service—whether you’re in New York, California, Texas, or anywhere in between.

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We built our practice from the ground up to be remote-first. This isn’t a pandemic adaptation or a secondary offering. Virtual service is our primary delivery model, and we’ve invested in the tools, processes, and systems to make it seamless.

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Remote engagement with Monaco CPA eliminates the need for in person participation, which traditional firms often require for meetings or document exchange.

 

How Remote Engagement Works

Before diving into the process, it's helpful to understand what a CPA is and why a crypto CPA is different from a traditional CPA. A Certified Public Accountant (CPA) is a licensed professional who provides tax, accounting, and advisory services. A crypto CPA, however, specializes in the unique tax and accounting challenges posed by digital assets, blockchain transactions, and evolving IRS regulations—offering expertise that goes beyond traditional tax preparation.

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Working with a virtual CPA is simpler than you might expect. Here's how the process works:

Remote Engagement Process Overview

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Now that you know how our remote process works, let's explore why remote service is especially beneficial for crypto clients.

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Why Remote Works Better for Crypto

For crypto tax specifically, remote service isn’t just acceptable—it’s often superior to local alternatives. Here’s why:

Access to Specialization

Finding a CPA who truly understands cryptocurrency taxation is difficult. Finding one in your specific city is nearly impossible. By working remotely, you can access specialized expertise regardless of where you happen to live. Remote access also enables you to work with professionals who specialize in cryptocurrency accounting, ensuring compliance and accuracy in managing your digital assets. Your local CPA may be excellent at traditional tax work but completely lost when confronted with Revenue Procedure 2024-28’s wallet-by-wallet tracking requirements (Rev. Proc. 2024-28 is an IRS procedure mandating that each crypto wallet’s cost basis be tracked separately), a DeFi yield farming position, or a hard fork.

 

All Your Data Is Already Digital

Unlike traditional tax clients who might show up with shoeboxes of receipts, crypto investors have digital records by default. Your exchange history, wallet transactions, and blockchain data are all accessible electronically. There’s no practical benefit to being in the same room—your CPA is looking at the same screens whether they’re across the desk or across the country. Form 1099-DA data (the IRS form for reporting digital asset transactions), exchange CSVs, and blockchain explorer records all travel instantly.

 

Faster Turnaround

Remote-first practices are built for efficiency. No scheduling office visits. No playing phone tag. No waiting for mail. Documents get uploaded immediately, questions get answered via email or a quick call, and returns get delivered electronically for instant access.

 

Flexibility Across Time Zones

We work with clients from coast to coast, which means we’re accustomed to scheduling across time zones. Early morning call from California? Evening call with someone on the East Coast? We accommodate your schedule, not the other way around.

 

Accounting Services for Crypto Investors

Crypto investors face a unique set of challenges when it comes to managing their finances and meeting tax obligations. Expert crypto accounting services are essential for tracking crypto income, managing capital gains reporting, and ensuring full tax compliance.

 

Why Crypto Accounting Is Different

A full service tax firm with deep experience in crypto taxation can help you leverage the latest crypto tax software to optimize your tax position, while also ensuring your data is handled in accordance with the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). By actively seeking feedback from the crypto community and continuously training future team members, Monaco CPA stays ahead of industry developments and regulatory changes.

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This commitment to excellence ensures that crypto investors receive accounting services that are not only accurate and compliant, but also responsive to the evolving needs of the digital asset landscape. Next, let's look at how accurate data entry and bookkeeping support your crypto accounting needs.

 

Crypto Data Entry and Bookkeeping Services

Accurate data entry and meticulous bookkeeping are the backbone of effective crypto accounting. At Monaco CPA, we understand that the future global financial system demands precision and transparency, especially when it comes to managing crypto transactions.

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Our team leverages industry-leading crypto tax software to efficiently record fund movements, process transactions, and maintain up-to-date financial records for your digital assets. By providing detailed portfolio performance reports, we help you track your holdings and make informed decisions. Outsourcing your data entry and bookkeeping to Monaco CPA means you can focus on growing your portfolio, confident that your records are compliant and ready for any tax or regulatory review. Our expertise ensures that every transaction is accurately captured, supporting your success in the rapidly evolving financial system.

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With your records in order, you can take full advantage of our comprehensive services for both individuals and businesses.

 

Services for Individuals and Businesses

Whether you’re an individual investor or a business engaged in virtual currency transactions, Monaco CPA offers a comprehensive suite of services designed to address your specific needs. Our crypto tax preparation and advisory services cover everything from IRS compliance and tax preparation to navigating the complexities of crypto taxation and virtual currency reporting.

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We carefully evaluate each client’s situation to provide tailored solutions that enhance portfolio performance and streamline the processing of transactions. Our expertise extends to supporting data entry, managing relational databases, and advising on technical matters such as rest API design jobs. By adhering to mandatory hiring criteria and employment regulations, we ensure that our team is equipped to deliver the highest level of service, helping you achieve long-term success in the dynamic world of crypto.

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To further support your success, our team brings deep expertise in crypto accounting.

 

Expertise in Crypto Accounting

At Monaco CPA, our expertise in crypto accounting is the foundation of our ability to deliver exceptional results for clients navigating the complexities of crypto taxes and the broader financial system.

 

Our Technical Advantage

Our team possesses a solid understanding of emerging onchain platforms, enabling us to accurately record fund movements, provide detailed portfolio performance insights, and design robust wealth architecture strategies. We are committed to leveraging emerging onchain platform technology to build advanced blockchain infrastructure and future-proof systems for secure transactions and asset management, mirroring the innovation seen among leading industry players in the global financial and cryptocurrency ecosystem.

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We stay current with regulatory requirements, including pay transparency notices, target annual base salary ranges, and the need to provide reasonable accommodations throughout the employment process. This depth of knowledge allows us to offer a full spectrum of services—from crypto accounting cleanup and ongoing management to advanced tax strategy and compliance.

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Whether you’re a seasoned crypto investor or new to digital assets, partnering with Monaco CPA means you have access to a team that is committed to maximizing your benefits and ensuring your compliance in an ever-evolving landscape. With this expertise, we are well-positioned to provide comprehensive advisory services tailored to your needs.

 

Advisory Services for Crypto Investors and Businesses

As a full service tax firm, Monaco CPA offers comprehensive advisory services tailored to the unique needs of crypto investors and businesses. Our process begins with initial screening interviews to gain a deep understanding of your goals, challenges, and the specifics of your virtual currency transactions.

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From there, we develop customized strategies for tax preparation, capital gains reporting, and ongoing tax compliance, ensuring you remain aligned with IRS compliance requirements. Our advisory services also include audit defense, so you’re prepared for any inquiries or examinations. Whether you’re navigating complex crypto taxation issues or seeking guidance on optimizing your business structure, our team is dedicated to providing the expertise and support you need to thrive in the world of virtual currency.

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Next, discover how our virtual communication and payment solutions make working with us even more convenient.

 

Virtual Communication and Payment

The crypto sector thrives on innovation and accessibility, and Monaco CPA embraces this with robust virtual communication and payment solutions. Clients can connect with our crypto tax specialists from anywhere, using secure video teleconferencing platforms and online payment gateways to discuss everything from crypto transactions and market data to job qualifications and employment opportunities.

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This approach not only makes expert guidance more accessible, but also streamlines the interview process for employment qualified applicants. Our use of AI-powered interview tools enables us to conduct initial screening interviews in a manner consistent with best practices, ensuring a fair and dynamic conversation for all candidates. Whether you’re seeking tax advice or exploring a career in crypto accounting, our virtual-first model ensures a seamless, professional experience every step of the way.

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With secure and flexible communication in place, let's look at how we ensure accurate crypto income reporting and documentation.

 

Crypto Income Reporting and Documentation

Proper reporting and documentation of crypto income are essential for maintaining tax compliance and safeguarding against audits. Monaco CPA assists clients in accurately reporting all forms of crypto income, from staking rewards to trading gains, ensuring that every detail is properly documented.

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We utilize advanced AI interview intelligence platforms to summarize interview notes and create realistic interview scenarios, allowing us to fully understand your unique situation and tailor our approach. Our team prepares thorough tax returns, responds to IRS notices, and provides robust audit defense, giving you peace of mind that your crypto income is reported correctly and your interests are protected.

 

Now, let's see how our services extend across the nation.

 

States We Serve

Monaco CPA serves crypto investors and businesses in all 50 states. While we’re headquartered in Livingston, New Jersey, our client base spans the country. We have particular experience with the specific crypto tax considerations in these states:

• New Jersey: Our home state. Per TAM-2015-1(R), NJ’s harsh capital loss limitations mean no carryforward and no deduction against ordinary income—we know these rules intimately.

• New York: Complex state tax rules, including NYC’s additional layer for residents.

• California: High state tax rates (up to 13.3%) that make proper planning especially valuable.

• Texas: No state income tax, but proper federal planning still matters.

• Florida: Popular destination for crypto investors; no state income tax.

• Wyoming: Crypto-friendly state with specific LLC laws for digital asset businesses.

 

Monaco CPA provides expert guidance on cryptocurrency tax compliance tailored to the specific regulations of each state.

 

If your state isn’t listed, don’t worry—we can still help. We prepare returns for all states with income taxes and can advise on state-specific considerations wherever you’re located.

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In addition to serving clients nationwide, we also assist those with complex multi-state or changing residency situations.

 

Multi-State and Residency Changes for Virtual Currency Transactions

Many crypto investors don’t stay in one place. Remote work, geographic arbitrage, and lifestyle flexibility mean clients often have multi-state filing obligations or are considering residency changes for tax reasons.

We help with:

• Multi-State Returns: If you lived in multiple states during the year, we ensure proper allocation of income and credits.

• Residency Change Planning: Thinking about moving from a high-tax state to a no-income-tax state? The timing and execution matter—especially if you have significant unrealized crypto gains. Moving before or after a major realization event can mean hundreds of thousands in tax difference. Monaco CPA also assists clients with user tax optimizations to minimize liabilities when changing residency or filing in multiple states.

• Part-Year Returns: Proper handling of income during the year you moved, which can be complex when crypto gains are involved.

• State-Specific Rules: Some states have unique rules around crypto taxation, capital gains, or loss limitations. New Jersey’s prohibition on loss carryforwards is just one example—we know the differences and plan accordingly.

 

With multi-state and residency planning covered, let's examine how we help you stay compliant in the new regulatory environment.

 

Crypto Taxation Compliance in the New Enforcement Environment

The 2024-2025 regulatory changes make remote access to specialized expertise more valuable than ever:

 

Form 1099-DA Reconciliation
Form 1099-DA is a new IRS form that custodial brokers use to report gross proceeds from digital asset transactions. When your local CPA receives a 1099-DA they’ve never seen before, they may not know how to reconcile it with your actual cost basis. We handle 1099-DA reconciliation daily and can identify discrepancies before the IRS’s Automated Underreporter program generates a CP2000 notice.

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Rev. Proc. 2024-28 Compliance
Rev. Proc. 2024-28 is an IRS revenue procedure that now requires wallet-by-wallet cost basis tracking—meaning each crypto wallet’s transactions must be tracked separately for tax purposes. This isn’t something most local CPAs have implemented. We’ve built compliant tracking into every engagement since January 2025, regardless of where our clients are located.

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Monaco CPA leverages advanced fund movements architecture and foundational systems to ensure both compliance and operational efficiency for crypto clients. We are actively working to redesign foundational systems, moving beyond the typical ledgering systems used in traditional finance. This approach enables more accurate processing transactions and recording fund movements across a wide range of digital assets, supporting the scalability and transparency required for modern crypto tax compliance.

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IRS Representation Nationwide
If the IRS questions your return, geographic proximity to your CPA doesn’t matter—what matters is expertise. We handle IRS representation for clients in any state via Form 2848 (Power of Attorney). CP2000 responses, audit defense, and collections negotiations all happen via correspondence and phone—your CPA’s location is irrelevant.

With compliance handled, we help you plan for the future with strategic tax planning.

 

Tax Strategy and Planning for Crypto Portfolios

Developing a sound tax strategy is critical for maximizing the long-term growth of your crypto portfolio. At Monaco CPA, we combine deep tax expertise with advanced machine learning technologies and software engineering experience to analyze market data and identify opportunities for tax savings.

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Our crypto tax preparation and planning services are designed to help you optimize your holdings, minimize liabilities, and plan for future wealth. We also advise on equity and bonus eligibility, pay transparency notice, and target annual base salary considerations, ensuring you have a comprehensive understanding of your compensation and investment options. With Monaco CPA, you receive proactive guidance that keeps your portfolio aligned with your financial goals and the latest regulatory developments.

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Next, let's discuss how we keep your information secure and confidential.

 

Security and Confidentiality

Working remotely doesn't mean compromising on security. We use enterprise-grade tools and processes to protect your information:

• Encrypted Client Portal: All documents are uploaded through a secure, encrypted portal—never via regular email.

• Two-Factor Authentication: Access to client data requires multi-factor authentication.

• Professional Standards: As a licensed CPA, Greg is bound by professional standards and ethics rules that require confidentiality of client information.

• Data Minimization: We only collect and retain the information necessary for your engagement.

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Your crypto holdings, tax information, and personal details are treated with the same confidentiality you would expect from any trusted professional advisor—regardless of whether that relationship is conducted in person or virtually.

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With your privacy protected, we also ensure compliance with global data privacy standards.

 

Global Data Privacy Notice

Monaco CPA is committed to upholding the highest standards of data privacy and security for all clients. Our global data privacy notice details our rigorous policies for collecting, storing, and processing personal information, fully compliant with the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA).

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We train future team members on the importance of data protection and ensure that every employee understands their responsibilities in maintaining confidentiality and integrity throughout the employment process. Additionally, we provide reasonable accommodations to individuals with disabilities, ensuring equal access to our services and employment opportunities. When you choose Monaco CPA, you can trust that your personal and financial data is handled with the utmost care and in accordance with all applicable privacy regulations.

 

Frequently Asked Questions

Can you really prepare my state return if you’re not in my state?

Yes. CPAs are licensed by state, but nothing prevents a CPA from preparing returns for residents of other states. What matters is expertise in the relevant tax rules, not physical presence. We stay current on state-specific issues and will tell you if your state has unusual rules that require local expertise.

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What if I need to meet in person?

For clients in the New Jersey/New York metro area, in-person meetings are available if you prefer. For everyone else, video calls provide face-to-face interaction without the travel. In practice, most clients—even those geographically close—prefer the convenience of virtual meetings.

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How do I know you’re legitimate?

Gregory Monaco, CPA is licensed in New Jersey (license available for verification through the NJ Division of Consumer Affairs). The firm maintains professional liability insurance. We’re happy to provide references from existing clients upon request. And of course, you can verify credentials through the state CPA licensing board.

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What time zone do you work in?

We’re headquartered in the Eastern time zone (New Jersey), but we schedule calls and meetings to accommodate clients across all U.S. time zones. Early morning or evening calls for West Coast clients are no problem.

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How do I pay?

We accept credit cards, ACH transfers, and yes—cryptocurrency. Payment is typically made via invoice through our client portal, though we can accommodate other arrangements if needed.

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What about Trader Tax Status for out-of-state clients?

Trader Tax Status evaluation against the Poppe/Chen factors (720+ trades/year, 4+ hours daily, short holding periods) works identically for remote clients. We review your trading logs, assess qualification, and advise on entity formation if appropriate. Note that Section 475(f) mark-to-market is NOT available for spot crypto regardless of where you live—it only applies to securities and commodities as defined in the IRC.

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Does Monaco CPA provide reasonable accommodations during the employment process?

Yes. Monaco CPA is committed to providing reasonable accommodations to job applicants and employees as needed to ensure an accessible and supportive employment process.

 

What Remote Clients Say

• "I was nervous about working with a CPA I'd never meet in person, but it's been completely seamless. Better than the local firm I used before."

• "Being able to schedule a call at 7pm my time was huge. My old accountant was only available during business hours."

• "The portal makes everything so easy. I upload my docs, Greg does his thing, and I get my return to review. No driving to an office."

• "I live in a state with no crypto-specialized CPAs. Finding Monaco CPA meant I could finally work with someone who actually understands DeFi."

 

Get Started From Anywhere

Whether you’re in Newark or Nashville, San Francisco or Miami, we’re ready to help with your crypto tax needs. Let’s start with a conversation to understand your situation and see if we’re the right fit.

 

Employment at Monaco CPA

Monaco CPA is an equal opportunity employer and includes a pay transparency notice in all job postings. For every open role, the base salary range shown, equity and bonus eligibility, and other benefits are clearly outlined in the job description and position description. Job duties and expectations are detailed for all positions. We seek a very specific candidate who actively seeks feedback and is committed to continuous improvement.

 

Our Hiring Process

Our hiring process uses an AI interview intelligence platform—interview tools enable realistic interview scenarios, including an initial interview where job applicants' interview responses are carefully evaluated. Providing portfolio performance insights is a valued skill for certain roles.

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Schedule a Virtual Consultation

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Phone: (862) 320-9554
Email: Greg@MonacoCPA.CPA

 

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