Digital Assets

Digital Asset Leaders in Tax, Assurance & Advisory

While digital assets and distributed ledger technologies have broadened in significance well beyond Bitcoin and Ethereum, the underlying technologies have created new challenges for financial reporting and tax compliance surrounding digital assets. Our in-house digital asset specialists can help you meet those challenges. An important part of our approach includes taking a step back and looking at your entity holistically to better understand your business and related needs.

Cohen & Company has developed one of the leading digital asset tax, assurance and advisory groups in the country, with a strong team of professionals providing in-depth expertise related to digital assets, decentralized finance (DeFi) and many other emerging blockchain technologies. This expertise has enabled us to develop specific, tailored procedures around the taxation and audits of digital asset funds. Specifically, we serve a significant number of digital asset funds, working with new managers, administrators, exchanges and attorneys in this evolutionary sector of alternative investments.

As leaders in the industry we:

• Are active in digital asset industry groups, such as the AICPA Digital Asset Working Group and The Digital Chamber, to help educate regulators and establish best practices;
• Received the “Best Audit Provider” distinction in Hedgeweek’s 2023; and
• Are a sponsor for and present at many key industry events.

Our Digital Asset Industry Services

Tax Structuring & Compliance

• Preparation of U.S. and state tax returns
• Tax structuring and planning
• Tax research and advisory
• Fund-level tax compliance
• Tax due diligence

Assurance

• Auditing financial statements for private and public funds
• Assessing valuation of digital assets
• Custody examinations
• Examinations and/or preparation of performance records

Advisory

• U.S. GAAP financial statement compilation