Cryptonomix
Cryptonomix – Your one stop shop for all things happening in the crypto community. Join us as we discuss the ever changing landscape of crypto to keep you up to speed on what’s happening in the industry. While keeping you dialed in to what's new, we will also feature one-on-one interviews with individuals working with crypto to discuss the interesting products they are building in web3.
Cryptonomix
Crypto Cost Basis, Wallet Tracking and 1099-DA: What Every Investor Needs to Know
Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.
In this episode of Cryptonomix, Mark Eckerle is joined by Rhett Chrystal, Lead Consultant in Withum’s Advisory practice, to unveil Withum’s new Digital Currency Accounting and Tracking Service (DCATS).
They explore why tracking crypto activity in Excel no longer works for high-volume traders, Web3 founders, DAOs, and crypto-native businesses — especially with the rollout of Form 1099-DA and the shift to wallet-by-wallet cost basis reporting.
You’ll learn:
- What DCATS includes (automated cost basis tracking, wallet integrations, audit-ready reports)
- Who this service is designed for
- How proactive crypto accounting supports smarter tax planning
- Why CPA-level oversight matters in an evolving regulatory landscape
If you’re actively trading, transacting, or receiving payments in crypto, this episode breaks down how to stay compliant, reduce risk, and gain clarity.
