I work in digital asset accounting.
Something I see a lot:
Crypto companies move fast…
but their financials don’t always reflect how the business actually works.
Token flows get misinterpreted.
Revenue gets labeled in ways that don’t match reality.
And reporting ends up telling the wrong story.
I’m going to start sharing what I see:
– where things break
– what’s misunderstood
– and how to think about it more clearly
If you’re building in crypto, this is for you.
Trying to navigate crypto financials sometimes feels like:
“You’re going to find that many of the truths we cling to depend greatly on our own point of view.”
May the 4th be with you.
@via_marketing_ 100%. Timely and accurate - 2 different problems. Missed deductions and misclassified income are year round mistakes nobody caught. Accountants and tax advisors need to be talking all year long.
Invested in a startup? Your K-1 is only as good as the accounting behind it. Late books=late K-1=missed tax planning opportunities. Offsetting gains, adjusting estimated payments - those are gone by April. Year round accounting matters. #startups#taxplanning#accounting
The SEC just got a makeover. SEC Chair Atkins new ACT framework = less regulatory chaos, more predictable rules. Good news for startups and builders in the crypto space. #cryptoaccounting#Web3builders
Why did Bitwave Co-Founder and COO, Amy Kalnoki, make the career transition from enterprise software to the crypto space? 🧠🚀
And what does it take to build a strong, full-remote org?
Check it all out on the latest episode of @ProofOfTalent w/host @crypto_bobby! 🎙
Mainnet Conference was a success! What an incredible past few days in NYC connecting with partners and sharing insights about what we can do to further support eachothers mission within the Web3 space.
Here are just a few photos. Wish I took more with every partner that I ran into, but nonetheless a big thank you too;
@masseyrl@MelComer@OnChainAcctng
@coineragnostic
@StartupCPAGuy
@HashBasis@JFDIaccountants@AndiPerlak_CAG
And more!
Looking forward to debriefing next week!
@BitwavePlatform
#Web3 #Accounting #Tax #Audit
Bitwave CEO and Co-Founder @patwhite wrote a featured op-ed article for Blockworks about the state of US crypto tax guidance 💪
Check out the article for Pat's take on how the IRS’s new stance on staking revenue may be a missed opportunity
➡️ https://t.co/EPQuRPLTP9
Excited to share I’ll be speaking at #Mainnet2023. Join me on Sept 20-22 in NYC. Don’t miss this incredible opportunity to connect with the best minds in the crypto space. See you there. @mainnet2023.
BREAKING: Bitwave Acquires @GildedFinance to Solidify Leadership in Web3 Payments Economy! 🌊🌊🌊
Today, we're thrilled to announce Bitwave's strategic acquisition of Gilded, a top-tier crypto payments and reporting platform
https://t.co/1P3te7R6r3
Deloitte is thrilled to announce a groundbreaking alliance with @BitwavePlatform to help organizations managing the complexities of digital assets #blockchain#crypto#DeloitteBDA https://t.co/Sf1fxrkXdQ
INTERVIEW: Unleashing digital assets: How Bitwave is redefining B2B payments
We talk to Pat White, Co-Founder and CEO at @BitwavePlatform, the world’s first Enterprise Digital Assets Platform,
https://t.co/o9IfizhoSq
#MeetTheSpeakers
Meet @MeganTarnow, an "accidental accountant" with over 2 decades of experience. She's back for round 2, and is ready to help you navigate the world of tech tools in "Base Tech: Technology Tools Needed to Run A Virtual Firm."
#TakingYourFirmVirtual#TYFV2023