Chainwise CPA

What is Chainwise CPA?

Chainwise CPA (Polygon Advisory Group LLC), founded in 2020 and based in Reston, VA, is a specialized CPA firm focused on cryptocurrency taxation, accounting, and Web3 advisory. Co‑founded by Sharon Yip and Phil Gaudiano, the firm has reconciled thousands of accounts and developed deep expertise in DeFi, staking, NFTs, token sales, and cross‑chain transactions.

What are Chainwise CPA’s services?

They provide specialized crypto-focused services:

• Crypto Account Reconciliation: Wallet-by-wallet, multi-chain tracking and cost basis accuracy.
• Tax Preparation & Planning: Handling crypto gains, losses, Form 8949, FBAR/FATCA.
• Tax Resolution & Audit Support: Navigating IRS/state notices and disputes.
• Bookkeeping & Web3 Advisory: Blockchain business bookkeeping and financial software guidance.
• Web3 Startup Consulting: Entity setup, forecasting, and crypto financial modeling.

Key highlights:

• Specialized in digital asset activities like DeFi, staking, NFT trades
• Founded by licensed CPAs with crypto transaction reconciliation experience
• Thousands of reconciled accounts and clients served
• Offers educational resources and alliance programs for CPAs
• Full-service for individuals and businesses in crypto space

Chainwise CPA combines CPAs’ reconciliation discipline with crypto-native insight to ensure compliance, cost-basis accuracy, and regulatory readiness across digital asset portfolios.

Frequently Asked Questions

Who are Chainwise’s typical clients?

The firm serves both individual investors and blockchain businesses. Their clients include high-volume traders, DeFi participants, NFT collectors, crypto-native companies, and other Web3 stakeholders needing precise cost-basis and transactional clarity.

Does Chainwise support IRS notices for crypto?

Yes—they offer tax resolution services helping clients respond to IRS/state inquiries specifically about crypto activities. They assist with gathering records, forming responses, and negotiating resolutions.

Can they advise Web3 startups on accounting systems?

Absolutely. They provide bookkeeping for blockchain companies, and consulting on financial systems integration and entity structure tailored to Web3 operations and regulatory setups.