Crypto Tax CPA Locations: Areas We Serve
Nationwide Crypto Tax Expertise. New Jersey Roots.
Monaco CPA delivers specialized cryptocurrency tax services to clients in all 50 states, combined with full-service accounting for businesses and individuals in the New Jersey/New York metro area. Whether you're a DeFi trader in Texas, an NFT creator in California, or a small business owner in Essex County, we provide expert guidance tailored to your situation.
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Our expertise spans crypto tax, accounting, and compliance, ensuring comprehensive support for all digital asset transactions. Tax compliance for cryptocurrency is essential to preserve your wealth and avoid IRS penalties.
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All services are available remotely via secure portal, video consultation, and phone. For New Jersey clients, in-person meetings are available upon request.
New Jersey – Our Home Base
Monaco CPA is headquartered in Livingston, New Jersey, with deep roots in Essex County dating back generations. We provide comprehensive accounting, tax preparation, advisory, and consulting services to local businesses and individuals throughout northern New Jersey and the NYC metro area.
Livingston, NJ
Full-service CPA firm serving Livingston residents and businesses with tax preparation, bookkeeping, small business accounting, and crypto tax services.
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Newark CPA Services
Newark, NJ New Jersey's largest city and Essex County's economic hub. Full-service CPA firm serving Newark residents and businesses with tax preparation, bookkeeping, small business accounting, and specialized crypto tax services. Local expertise with deep roots in Essex County.​
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Jersey City CPA Services
Jersey City, NJ Wall Street's backyard—serving finance professionals, crypto investors, and businesses throughout Hudson County. Expert guidance on NJ-NY multi-state tax issues, crypto taxation, and the strategic implications of NJ's unique capital loss rules.
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Essex County, NJ
Serving Montclair, West Orange, South Orange, Millburn, Short Hills, Maplewood, Caldwell, Verona, Cedar Grove, Bloomfield, Nutley, Belleville, Newark, and surrounding communities.
Comprehensive Accounting Services for Crypto Clients
Monaco CPA recognizes that cryptocurrency taxation evolves constantly. Crypto investors and businesses require specialized accounting services to stay compliant and maximize their financial outcomes. Our crypto tax specialists deliver a full suite of solutions tailored to the unique needs of the crypto community.
Crypto Tax Preparation & Reporting
Our expertise spans every aspect of crypto accounting, including crypto tax preparation, capital gains reporting, and accurate tracking of virtual currency transactions. We understand the complexities of blockchain accounting and help clients minimize their tax burden while meeting all IRS and state compliance requirements.
Advisory & Consulting Services
As a full-service tax firm, Monaco CPA offers comprehensive advisory services for cryptocurrency investors, traders, mining operations, and digital asset businesses. Our professionals maintain current knowledge of crypto tax laws, IRS guidance, and industry best practices to ensure your crypto transactions are calculated and reported correctly.
Our Team and Partnerships
Team Expertise
Our experienced crypto tax professionals deliver exceptional crypto tax services and accounting services to cryptocurrency investors, traders, and businesses nationwide. We bring deep expertise in crypto taxation, blockchain accounting, and virtual currency transactions, providing guidance rooted in the latest industry knowledge and IRS regulations.
Industry Involvement
We actively participate in the crypto community, staying ahead of constantly evolving tax laws and compliance requirements. Our team has worked closely with cryptocurrency investors, miners, and businesses since 2017, providing specialized crypto tax preparation, capital gains reporting, and advisory services tailored to the unique challenges of the crypto space.
Strategic Partnerships
Our partnerships with leading exchanges, mining operations, and other organizations in the digital asset industry allow us to offer comprehensive support for complex crypto transactions. By collaborating with key players in the crypto ecosystem, we ensure our clients benefit from the most current insights and best practices in crypto accounting and tax compliance.
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As a full-service tax firm, Monaco CPA offers crypto tax return preparation, bookkeeping, and ongoing advisory services. Our specialists help clients accurately calculate and report crypto income, manage their tax burden, and remain compliant with all applicable rules. For answers to common inquiries, see our FAQ. Whether you're an individual investor, a business, or an accounting firm seeking white-label support, our team provides the professional expertise and responsive support you need.
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Ready to work with a team that truly understands the crypto space? Schedule a consultation with one of our crypto tax professionals today.
State Crypto Tax Guides
Cryptocurrency taxation varies significantly by state. Some states like Florida and Texas have no income tax, while others like California and New York impose rates exceeding 13% on crypto gains. Our state-specific guides help you understand your obligations and opportunities based on where you live.
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The IRS and most states classify cryptocurrencies as property and digital assets. Gains or losses from these assets are subject to both state and federal tax liability. Accurately determining and reporting your tax liability for crypto assets in each state ensures you meet all legal requirements and avoid penalties.
We serve crypto investors in all 50 states. Below are guides for states with significant crypto activity or unique tax considerations:
No Income Tax States
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No state income tax on crypto gains. Popular relocation destination. We help Florida residents calculate taxable gains from crypto transactions for federal compliance and assist investors moving from high-tax states establish proper residency.
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No state income tax. America's Bitcoin mining capital with approximately 2,600 MW of mining power consumption. Guidance on calculating taxable gains, federal compliance, mining income reporting, and Form 1099-DA reconciliation.
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No state income tax. Most crypto-friendly state with pioneering DAO legislation including the DUNA Act (effective July 1, 2024). Federal compliance, calculating taxable gains, and entity structuring for Wyoming DAOs.
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No state income tax. Strong privacy protections with 2017 legislation prohibiting taxation of blockchain or smart contracts. Federal compliance, calculating taxable gains, and residency establishment for investors relocating from high-tax states.
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No state income tax. #1 crypto adoption per capita. Seattle tech hub. Note: Washington imposes a capital gains excise tax: 7% on gains between $278,000 and $1 million, and 9.9% on gains exceeding $1 million (2025 thresholds).
High-Tax States
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Highest state tax rate at 13.3% (includes 1% Mental Health Services surtax on income over $1 million). No long-term capital gains preference—all gains taxed as ordinary income. We help California residents determine their crypto tax obligations, minimize their burden, and plan exits to lower-tax states when appropriate.
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State rates up to 10.9%, plus NYC resident tax of 3.876%. Combined state and city rates can reach 14.776%, exceeding 50% with federal taxes. Multi-state planning for NYC metro residents. New York also operates BitLicense for crypto businesses.
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Rates up to 6.99% (on income over $500,000 single/$1,000,000 joint), no long-term capital gains preference. Pass-through entity tax planning. Multi-state expertise for Fairfield County NYC commuters.
High-Adoption & Tech Hub States
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Top 3 crypto adoption. Silicon Slopes tech hub. 4.50% flat tax rate (reduced from 4.55% via HB 106, effective January 1, 2025). Growing startup ecosystem with significant crypto activity. Utah accepts crypto for tax payments via PayPal.
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First state to accept crypto for tax payments (since September 2022). Tech-forward culture. 4.4% flat tax rate. Strong crypto and blockchain community in Denver/Boulder.
Don't See Your State?
We serve crypto investors in all 50 states through our remote service model. The states listed above have dedicated pages due to their unique tax situations or high crypto adoption, but we're equally equipped to handle crypto tax preparation and planning for residents of any state.
Common Services for All States
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Federal Tax Return Preparation: Form 1040 with Form 8949 and Schedule D for all crypto activity
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State Tax Return Preparation: Proper reporting of crypto gains on your state return
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Transaction Reconciliation: Rev. Proc. 2024-28 compliant wallet-by-wallet tracking (effective January 1, 2025)
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Form 1099-DA Matching: Reconciling exchange-reported data to prevent IRS notices (gross proceeds reporting began January 1, 2025; cost basis reporting starts January 1, 2026)
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Tax-Loss Harvesting: Strategic loss realization (wash sale rules do not currently apply to cryptocurrency)
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Audit Defense: Professional representation before the IRS, including experience with audits and federal investigations related to cryptocurrency activities
Why Location Doesn't Limit Your Options
Cryptocurrency expertise is rare. Finding a CPA who truly understands DeFi, NFTs, wallet-by-wallet tracking, and the latest IRS guidance is difficult in any city. By working remotely, you get access to specialized expertise regardless of where you live.
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Our remote engagement process is seamless:
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Initial Consultation: Video call to discuss your situation
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Document Collection: Secure portal for uploading tax documents and exchange data
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Preparation & Review: We prepare your returns; you review and sign electronically
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Filing: E-file directly to IRS and state; confirmation delivered to you
Throughout every step, our team responds promptly to your questions, ensuring professional and helpful communication during the entire process.
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Same expertise, same service quality—whether you're across the street in Livingston or across the country in Los Angeles.
Get Started
Ready to work with a CPA who actually understands crypto? Let's talk about your situation.
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Phone: (862) 320-9554
Email: Greg@MonacoCPA.CPA
© 2025 Gregory Monaco, CPA LLC. All Rights Reserved.