Entity Structuring for Crypto Entrepreneurs

Each entity type carries distinct tax implications for crypto income, mining revenue, and capital gains. Our CPAs analyze your specific situation to identify which classification unlocks the deepest savings without triggering compliance headaches.

Entity Structuring for Crypto Entrepreneurs: LLC vs S-Corp vs C-Corp

Chainwise CPA helps blockchain entrepreneurs, traders, and founders choose the right business entity to minimize taxes, protect personal assets, and position their venture for long-term success.

Whether you need an LLC for flexibility, an S-Corp for payroll tax savings, or a C-Corp for investor readiness, our crypto-native CPAs build the foundation your business deserves.

Entity Selection & Formation

We evaluate your income model, growth trajectory, and risk profile to identify the ideal entity type. Our CPAs then guide formation, EIN registration, and operating agreement setup so your structure is optimized from the start.

S-Corp Election Filing

Our team prepares and files Form 2553 with the IRS, coordinates shareholder consent, establishes reasonable compensation, and sets up compliant payroll so you capture every available self-employment tax saving.

C-CORP & QSBS STRATEGY

For crypto founders raising capital or planning exits, we structure C-Corp formations that position your startup for Qualified Small Business Stock exclusion, potentially shielding up to ten million dollars in gains.

MULTI-ENTITY ARCHITECTURE

Complex crypto operations often need multiple entities working together. We design holding structures, operating entities, and asset protection layers that work in concert.

Strategic Entity Structuring Built for Blockchain Businesses

Chainwise CPA brings specialized crypto tax knowledge to every entity structuring engagement.

We have helped hundreds of blockchain entrepreneurs navigate the LLC vs. S-Corp vs. C-Corp decision with precision, ensuring each client’s structure aligns with their income model, growth trajectory, and long-term wealth goals.

What you get

At Chainwise CPA, we do not just form entities. We architect tax-optimized business structures that adapt to your journey. Our proactive advisory means your entity classification gets reviewed as your revenue grows, regulations shift, and new opportunities emerge.

All bank, credit card & cash accounts reconciled for accuracy
Year-end entries prepared to meet accounting & tax standards
Profit & Loss, Balance Sheet & supporting reports
Seamless Integration with QuickBooks, Xero, and others
Error Identification & Resolution
quarterly or semi-annual reviews to keep books aligned

Our Plans

Entity Structuring Built by CPAs Who Understand Blockchain

Our team has reconciled thousands of wallets, navigated DeFi tax complexities, and structured entities for crypto-native businesses since 2020. Your entity choice benefits from that depth.

Pro

For established businesses that need full oversight, advanced tax strategies, and audit/investor readiness.

What's Included

Includes everything in Advanced, Plus:
Dedicated Account Manager
Quarterly Tax & Business Check-Ins
Quarterly Performance Reports
Quarterly Crypto Transaction Insights
Unlimited Tax & Business Advisory Access
Full Controller-Level Financial Oversight
Forward-Looking Cash Flow Planning
Audit/Investor Readiness Support
Annual Business Tax Minimization Guidance

Advanced

For growth-stage companies ready to integrate crypto and fiat reporting with proactive tax & business planning.

What's Included

Includes everything in Essential, plus:
Quarterly Crypto Transaction Insights
Quarterly Core Financials (QBO)
Quarterly Business Health Reports
Semi-Annual Tax & Business Check-Ins
IRS/State Representation & Audit Defense
Controller-Level Financial Oversight
Crypto Payroll Compliance Guidance
Up to Four Video Meetings
Email Support

ESSENTIAL

For startups and early-stage businesses that need reliable compliance and clean year-end records.

What's Included

Annual Crypto Reconciliation
Annual Core Financials (QBO)
Annual Performance Reports
Business Tax Return (Federal + 1 state)
Tax & Business Strategy Check-ins
Year-round Tax & Business Advisory Access
Form 1099-DA compliance support
digital records folder
Tax & accounting compliance checklist

Compare all plans

We provide integrated services for businesses that use cryptocurrency — combining traditional bookkeeping, crypto account reconciliation, financial reporting, and business tax preparation. Our bundled service plans ensure your business maintains accurate records, complies with IRS and GAAP requirements, and is prepared for tax filings, audits, and investors.

Feature

Pro

Advanced

Essential

Crypto Transaction Accuracy & Insights

Monthly

Quarterly

Annual

Core Financials (QBO)

Monthly

Quarterly

Annual

Performance Reports

Monthly

Quarterly

Annual

Annual Business Tax Return (Federal + 1 state)

Form 1099-DA compliance support

Digital Records Folder

Business Tax & Accounting Compliance Checklist

Tax & Business Strategy Check-ins

Quarterly

Semi-Annual

Annual

Year-round Tax & Business Advisory Access

Unlimited

Monthly Email + 4 Zoom Calls

One email per month

IRS/State Representation & Audit Defense

8 hours incl. audit rep

2 Hours

Crypto Payroll Compliance Guidance

Quarterly Business Health Reports

Controller-Level Financial Oversight

Full

Light

Forward-Looking Cash Flow Planning

Audit/Investor Readiness Support

Annual Business Tax Minimization Guidance

Dedicated Account Manager

Notes & Add-Ons:

All our service plans include Form 1099-DA compliance support, a digital records folder (for tax returns, accounting reports, supporting schedules) to help you with record keeping, and a business tax & accounting compliance checklist for your easy reference.
Onboarding & Diagnostic Fee: $1,250 (one-time, for new clients only).
Customized additional fees may apply for: high-volume or complicated transactions, multi-entity consolidations, additional tax forms, foreign tax reporting, multi-state filings, or specialized requests.
Software subscription fees are not included in our service fee.
Discounts may apply if you sign up for multiple services (e.g., for both business and personal).
Unused hours for tax notice & audit representation can be carried forward and used in a future year as long as you stay as our client.
Clients with crypto activity are not eligible for tax-only services. Accurate and compliant tax return preparation in these cases requires integrated crypto reconciliation and reporting performed by our firm, due to regulatory and risk considerations.
Due to timing, 2025 services are delivered on a scope-based, filing-focused basis. References to monthly or year-round services describe scope, not guaranteed frequency, and apply only to the 2025 tax year. Any unused advisory or planning services will be issued as a credit that may be applied toward a 2026 service renewal, if applicable.

What's Covered?

Each business service plan covers services for a single tax year. Any multi-year crypto reconciliation, accounting catchup/cleanup, tax return preparation for multiple years, or multi-entity consolidation will most likely require additional fees beyond the starting price.

Right Fit Client

Not every client is a fit for every firm—and that’s a good thing. See how we ensure each engagement is built on the right alignment of goals, values, and expectations.

Have more questions?

Our FAQ page is designed to give you straightforward answers to the most common questions about our services, process, and approach. Click below to find guidance here to help you understand how we work—and how we can support your goals with proactive, intelligent tax strategy.

Service Item Glossary

Below is a quick-reference glossary explaining what each service item includes, so clients clearly understand the value provided in each plan.

How It Works

Clarity. Transparency. Confidence — from day one.

Our streamlined process is designed to make getting started simple and stress-free, while ensuring your project receives the right level of attention and care.

Explore Our Services

Explore our Individual or Business service plans on our website. Each plan includes a starting price, so you know what to expect upfront.

Optional: Quick Pre-Engagement Call

Schedule a 15-minute call if you’d like help choosing the right plan. We’ll answer general questions and explain the next steps.
(No detailed tax or strategy advice on this call.)

Select a Plan & Engage

Choose your service plan and we’ll send you:

- Proposal & engagement letter

- Invoice for the starting price

Payment reserves your spot and officially begins the engagement.

Complete Onboarding

After signing and payment, you’ll receive:

- Secure client portal access

- Onboarding checklist

- Requests for documents and information

This ensures we can start efficiently.

Review & Confirm Final Scope

We review your information to confirm whether it fits the base scope.

- If yes → we proceed

- If additional work is needed → we provide a clear, updated fee estimate for approval before moving forward

No additional fees unless extra scope is identified and approved.

Deliver Services & Close

Once scope is approved, we complete your tax, crypto, accounting, or advisory work and keep you updated until completion.

If additional scope is identified and you choose not to proceed, we will continue to work up to the amount already paid, and you will retain all completed work.

Why Clients Love This Approach

Clarity from the start — You always know where you are in the process.
No hidden fees — Every quote is discussed and approved before work continues.
Scope-based pricing — starts with a base price and is tailored based on your actual scope.
Peace of mind — You’re working with a team that values transparency and accountability.

About Us

Expert Guidance at Every Stage

Plenty of bookkeeping firms say they “handle crypto.” We were built for it. Here’s what makes the difference when your financial records need to be more than just organized—they need to be strategic.

Crypto-Native Expertise

Our team lives and breathes cryptocurrency tax. We stay ahead of the curve so you don’t have to.

Beyond Just Crypto

Whether you’re an individual investor or a crypto entrepreneur, we craft strategies that fit your needs.

Proactive Approach

Crypto moves fast. Year-round planning means you’re positioned ahead of market shifts or the IRS.

What Our Clients Say

Testimonials

Don’t just take our word for it – hear from the crypto enthusiasts and businesses we’ve helped navigate the complex world of cryptocurrency taxation. Our clients’ success stories speak volumes about our expertise, dedication, and the real-world impact of our services.

Matt O.

14:54 22 Apr 26

They are great to work with...been with them since 2020...very professional friemdly and very easy to work with...

Robert L.

19:42 31 Mar 26

I was at the end of my rope trying to decipher the never ending new rules and regulations of the IRS, as it pertains to crypto. I thought I was doing a good job keeping everything in order with my exchanges, transfers and swaps, until I received my 1099 - DA's, which were highly inaccurate. I knew my problems would only get worse if I didn't take a more professional approach in addressing them, so I needed to hire a crypto and tax expert.

As I researched this topic, one crypto advisory group clearly stood out amongst their competition, and that was Polygon Advisory Group. Before I could sign up with them, I had to have brief meeting with them to see if my needs and their talents would align. After our 15 minute intro meeting, I was more than convinced they had the skillset, and desire, to unravel my crypto challenges.

I have to commend Daniel B. and his extraordinary talent to analyze my crypto reports and then provide reconciliation for all of my accounts. He was also intuitive to recognize many gaps in my information and then investigate deeper to connect all of the data points. There is no possible way I could have performed such a feat by myself. When all was finished, Daniel went back in my previous tax returns and even recommended that I file amendments for the last 5 years, and that ended up saving me a lot of money (excess $10K) due to me incorrectly reporting my crypto income.

Closing: So many companies are only willing to document the numbers that you provide them and then quickly close your file. Polygon Advisory Group digs in deep and investigates the incomplete files/data and helps you bring resolve to your crypto headaches. I'll use them again next year, as they have my complete trust!

Anthony S.

16:55 17 Oct 25

I was very happy with the service I received from Chainwise CPA and Polygon Advisory Group. Finding someone to prepare my crypto tax return was challenging. But Chainwise CPA group had the experience and knowledge base in crypto taxes to get the job done very efficiently. I am thankful for their service and helping me through this process.

Jon Luk P.

06:25 17 Jun 25

Excellent crypto tax service. Highly recommend!

Brent P.

20:09 14 Jun 25

I have been using Sharon and her team for several years and they have always been attentive, quick to respond, and courteous. They have navigated a lot of complex issues in the world of Crypto-assets. They navigate effortlessly through CoinTrackin.info

Paul M.

16:42 11 Jun 25

A very complete service if youre serious about doing crypto right. Very prompt service and great about establishing clear guidelines and deliverables.

Anupam B.

20:07 24 Mar 25

I recommend Chainwise CPA because they were professional, cost efficient, competent and courteous in the tax services they provided me. They did my Federal and state tax returns for cryptocurrency transactions in addition to the tax work on my incomes from pensions and annuities, interest and dividend earnings. They were thorough in their work, and patient with me. I would recommend them because they are world-class and reliable in what they do.

Alberto M.

15:35 17 Mar 25

Sharon Yip and the whole team were amazing, they were able to help me get all my crypto aligned and tracked all my transactions to identify my gains and losses for me to properly complete my 2024 taxes.
The whole time the team provided timely responses and were able to guide me during the whole process and explained what was being done.
Had a couple of zoom calls before even starting working with them to clarify if they were the correct people to help me with my crypto situation.
Very knowledgeable, helpful, courteous, highly recommended

Demetre

20:07 16 Mar 25

Chainwise is patient and professional year-in and year-out. I deeply appreciate working with them-

Laura R.

18:44 05 Mar 25

I experience Chainwise CPA as responsive to me as an individual client, meeting my needs and inquiries on a timely basis. I experience their staff as knowledgable, curious in a beneficial way, providing service from integrity and awareness. I use Chainwise CPA for both crypto reconciliation and tax preparation. I find their service solid, progressive. I experience their corporate core values align with my personal core values. This creates relationship, collaboration and results I can trust. I highly recommend their services.

Jameel N.

14:38 09 Jan 25

Chainwise CPA has helped me out quite a few times. Trying to navigate the world of taxes and crypto is not easy at all. The team has answered my all questions even going above and beyond at times to make sure I was set up for success. They are always friendly and can help you if you are a crypto investor that needs to stay up to date with the latest and greatest. Thank you for all that you have done and the help I know I can lean on you for in the future!

A. B.

17:51 08 May 24

I was new to crypto trading and lacked knowledge about how crypto transactions are taxed and how to report crypto profits and/or capital gains to the IRS. As a new customer, I contacted Polygon Advisory Group services to prepare my tax documents for both all my crypto transactions and for my regular income and other financial investment earnings. Their services were comprehensive and thorough and in compliance with every detailed aspect of my IRS and Virginia tax filing requirements.

Case Studies

Success Stories from Clients Who Plan Ahead

From startup founders to seasoned professionals, our clients turn complexity into clarity. Explore how proactive tax strategy helps high-achievers preserve wealth, stay compliant, and plan with confidence.

Individual Client

From Confusion to Confidence: A Physician’s Crypto Tax Journey

A physician saved hundreds of hours and gained total peace of mind as Chainwise simplified crypto tax reporting with precision, responsiveness, and clarity.

Individual Client

Peace of Mind, Not Panic: One Developer’s Crypto Tax Solution

A developer reconciled 10,000 crypto transactions and saved 200 hours while gaining confidence, clarity, and relief through expert, hands-on CPA support.

All case studies are based on real client submissions collected through our Case Study Questionnaire. Each story is shared with permission and reflects genuine results from actual Chainwise CPA engagements.

Get Started Today

Structure Your Startup for Tax Success

Whether you need an S-Corp election before the March 2026 deadline, a C-Corp for QSBS-eligible investor capital, or a multi-entity architecture for complex operations, Chainwise CPA delivers expert guidance grounded in blockchain tax experience.

Get CPA guidance on S-Corp vs. C-Corp before your March 2026 deadline. Your entity choice today shapes your tax bill for years.

Take the first step towards crypto tax clarity today!

Entity Structuring for Crypto Entrepreneurs