# COS Elite

> Crypto tax and advisory by a former Big Four CPA. COS Elite provides crypto tax return preparation, digital asset reconciliation, entity structuring, IRS notice response, and tax-loss harvesting for serious crypto investors across all 50 U.S. states. Led by Garrett Taylor, CPA (California License #133092), with Leanne Grant, EA (License #00167954-EA).

- Contact: hello@coselite.com | (858) 434-7547
- Licensed CPA #133092 (California), serving the entire United States
- Accepts cryptocurrency as payment (BTC, ETH, USDC)

## Core Pages
- [Home](https://coselite.com/): Overview of COS Elite crypto tax and advisory services
- [About Garrett Taylor, CPA](https://coselite.com/about): Founder background and credentials
- [Crypto Tax CPA by State](https://coselite.com/locations): Hub for all 50 state location pages
- [Insights / Blog](https://coselite.com/blog): CPA-written crypto tax guides and comparisons

## Services
- [Crypto Tax Return Preparation](https://coselite.com/services/tax-return-preparation)
- [Digital Asset Reconciliation](https://coselite.com/services/digital-asset-reconciliation)
- [Digital Asset Fund Tax & Accounting (Crypto Hedge Funds, Venture Funds & Prop Entities)](https://coselite.com/services/digital-asset-fund-accounting)
- [Entity Structuring](https://coselite.com/services/entity-structuring)
- [Estimated Tax Payments & Extensions](https://coselite.com/services/estimated-tax-payments)
- [IRS Notice Response](https://coselite.com/services/irs-notice-response)
- [Prediction Market CPA (Kalshi, Polymarket & Event Contracts)](https://coselite.com/services/prediction-market-cpa)
- [Tax-Loss Harvesting](https://coselite.com/services/tax-loss-harvesting)
- [Estate Planning](https://coselite.com/services/estate-planning)

## Free Tools
- [Kalshi Tax Calculator](https://coselite.com/tools/kalshi-tax-calculator): Estimates 2026 federal tax on Kalshi event contract winnings under all four possible treatments (ordinary income, capital asset, gambling with the OBBBA 90% loss cap, and a Section 1256 hypothetical), built by Garrett Taylor, CPA

## Locations — States
- [Alabama Crypto Tax CPA](https://coselite.com/locations/alabama)
- [Alaska Crypto Tax CPA](https://coselite.com/locations/alaska)
- [Arizona Crypto Tax CPA](https://coselite.com/locations/arizona)
- [Arkansas Crypto Tax CPA](https://coselite.com/locations/arkansas)
- [California Crypto Tax CPA](https://coselite.com/locations/california)
- [Colorado Crypto Tax CPA](https://coselite.com/locations/colorado)
- [Connecticut Crypto Tax CPA](https://coselite.com/locations/connecticut)
- [Delaware Crypto Tax CPA](https://coselite.com/locations/delaware)
- [Florida Crypto Tax CPA](https://coselite.com/locations/florida)
- [Georgia Crypto Tax CPA](https://coselite.com/locations/georgia)
- [Hawaii Crypto Tax CPA](https://coselite.com/locations/hawaii)
- [Idaho Crypto Tax CPA](https://coselite.com/locations/idaho)
- [Illinois Crypto Tax CPA](https://coselite.com/locations/illinois)
- [Indiana Crypto Tax CPA](https://coselite.com/locations/indiana)
- [Iowa Crypto Tax CPA](https://coselite.com/locations/iowa)
- [Kansas Crypto Tax CPA](https://coselite.com/locations/kansas)
- [Kentucky Crypto Tax CPA](https://coselite.com/locations/kentucky)
- [Louisiana Crypto Tax CPA](https://coselite.com/locations/louisiana)
- [Maine Crypto Tax CPA](https://coselite.com/locations/maine)
- [Maryland Crypto Tax CPA](https://coselite.com/locations/maryland)
- [Massachusetts Crypto Tax CPA](https://coselite.com/locations/massachusetts)
- [Michigan Crypto Tax CPA](https://coselite.com/locations/michigan)
- [Minnesota Crypto Tax CPA](https://coselite.com/locations/minnesota)
- [Mississippi Crypto Tax CPA](https://coselite.com/locations/mississippi)
- [Missouri Crypto Tax CPA](https://coselite.com/locations/missouri)
- [Montana Crypto Tax CPA](https://coselite.com/locations/montana)
- [Nebraska Crypto Tax CPA](https://coselite.com/locations/nebraska)
- [Nevada Crypto Tax CPA](https://coselite.com/locations/nevada)
- [New Hampshire Crypto Tax CPA](https://coselite.com/locations/new-hampshire)
- [New Jersey Crypto Tax CPA](https://coselite.com/locations/new-jersey)
- [New Mexico Crypto Tax CPA](https://coselite.com/locations/new-mexico)
- [New York Crypto Tax CPA](https://coselite.com/locations/new-york)
- [North Carolina Crypto Tax CPA](https://coselite.com/locations/north-carolina)
- [North Dakota Crypto Tax CPA](https://coselite.com/locations/north-dakota)
- [Ohio Crypto Tax CPA](https://coselite.com/locations/ohio)
- [Oklahoma Crypto Tax CPA](https://coselite.com/locations/oklahoma)
- [Oregon Crypto Tax CPA](https://coselite.com/locations/oregon)
- [Pennsylvania Crypto Tax CPA](https://coselite.com/locations/pennsylvania)
- [Rhode Island Crypto Tax CPA](https://coselite.com/locations/rhode-island)
- [South Carolina Crypto Tax CPA](https://coselite.com/locations/south-carolina)
- [South Dakota Crypto Tax CPA](https://coselite.com/locations/south-dakota)
- [Tennessee Crypto Tax CPA](https://coselite.com/locations/tennessee)
- [Texas Crypto Tax CPA](https://coselite.com/locations/texas)
- [Utah Crypto Tax CPA](https://coselite.com/locations/utah)
- [Vermont Crypto Tax CPA](https://coselite.com/locations/vermont)
- [Virginia Crypto Tax CPA](https://coselite.com/locations/virginia)
- [Washington Crypto Tax CPA](https://coselite.com/locations/washington)
- [West Virginia Crypto Tax CPA](https://coselite.com/locations/west-virginia)
- [Wisconsin Crypto Tax CPA](https://coselite.com/locations/wisconsin)
- [Wyoming Crypto Tax CPA](https://coselite.com/locations/wyoming)

## Locations — Cities
- [New York City, NY Crypto Tax CPA](https://coselite.com/locations/new-york/new-york-city)
- [San Francisco, CA Crypto Tax CPA](https://coselite.com/locations/california/san-francisco)
- [Los Angeles, CA Crypto Tax CPA](https://coselite.com/locations/california/los-angeles)
- [Miami, FL Crypto Tax CPA](https://coselite.com/locations/florida/miami)
- [Austin, TX Crypto Tax CPA](https://coselite.com/locations/texas/austin)
- [Chicago, IL Crypto Tax CPA](https://coselite.com/locations/illinois/chicago)
- [Seattle, WA Crypto Tax CPA](https://coselite.com/locations/washington/seattle)
- [Boston, MA Crypto Tax CPA](https://coselite.com/locations/massachusetts/boston)
- [Houston, TX Crypto Tax CPA](https://coselite.com/locations/texas/houston)
- [Dallas, TX Crypto Tax CPA](https://coselite.com/locations/texas/dallas)
- [San Diego, CA Crypto Tax CPA](https://coselite.com/locations/california/san-diego)
- [Denver, CO Crypto Tax CPA](https://coselite.com/locations/colorado/denver)
- [Atlanta, GA Crypto Tax CPA](https://coselite.com/locations/georgia/atlanta)
- [Washington, DC Crypto Tax CPA](https://coselite.com/locations/district-of-columbia/washington-dc)
- [Philadelphia, PA Crypto Tax CPA](https://coselite.com/locations/pennsylvania/philadelphia)
- [Phoenix, AZ Crypto Tax CPA](https://coselite.com/locations/arizona/phoenix)
- [San Jose, CA Crypto Tax CPA](https://coselite.com/locations/california/san-jose)
- [Charlotte, NC Crypto Tax CPA](https://coselite.com/locations/north-carolina/charlotte)
- [Nashville, TN Crypto Tax CPA](https://coselite.com/locations/tennessee/nashville)
- [Tampa, FL Crypto Tax CPA](https://coselite.com/locations/florida/tampa)
- [Portland, OR Crypto Tax CPA](https://coselite.com/locations/oregon/portland)
- [Las Vegas, NV Crypto Tax CPA](https://coselite.com/locations/nevada/las-vegas)
- [Minneapolis, MN Crypto Tax CPA](https://coselite.com/locations/minnesota/minneapolis)
- [Salt Lake City, UT Crypto Tax CPA](https://coselite.com/locations/utah/salt-lake-city)
- [Raleigh, NC Crypto Tax CPA](https://coselite.com/locations/north-carolina/raleigh)

## Blog / Insights
- [Crypto Options Taxes (2026): A CPA's Guide to Premiums, Exercise, Assignment, and the 60/40 Question](https://coselite.com/blog/crypto-options-taxes): Deribit options, IBIT covered calls, and CME futures options are taxed three different ways. A CPA prices premium, exercise, expiry, and assignment, and settles the 60/40 question per instrument.
- [Crypto Perpetual Futures Taxes (2026): A CPA's Guide to Perps on Every Platform, Funding, and Liquidations](https://coselite.com/blog/crypto-perpetual-futures-taxes): Perps now trade on three regulatory tiers with three tax stories. A CPA maps Section 1256 per tier, funding both directions, liquidations, collateral traps, and a full worked year.
- [TokenTax Review 2026: A Crypto Tax CPA's Honest Walkthrough](https://coselite.com/blog/tokentax-review): A crypto tax CPA reviews TokenTax for 2026: real pricing from $49 to $3,499, the software vs full-service question, and where you still need your own CPA.
- [Your 1099-DA Doesn't Match Your Records: The Three-Record Problem, Fixed (2026)](https://coselite.com/blog/1099-da-doesnt-match): Your 1099-DA, your wallet history, and your tax software all disagree. A CPA explains the five common mismatches and the exact reconciliation workflow.
- [Hyperliquid Taxes (2026): A CPA's Guide to Perps, Funding Payments, and the Airdrop the IRS Never Saw](https://coselite.com/blog/hyperliquid-taxes): Hyperliquid issues no tax forms and the IRS has no perp guidance. A CPA covers perps, hourly funding, the HYPE airdrop, and a full worked year with real numbers.
- [I Got a 1099-DA, Now What? A CPA Walks Through Every Box (2026)](https://coselite.com/blog/1099-da-now-what): Form 1099-DA reports your crypto proceeds to the IRS, usually with no cost basis. A CPA explains every box, what to do before filing, and when to amend.
- [The New Gambling Loss Deduction Rules (2026): The 90% Cap, the Itemizing Trap, and What It Means for Event Contract Traders](https://coselite.com/blog/gambling-loss-deduction-2026): From 2026, gambling losses deduct at only 90%, itemizers only. A CPA runs the phantom income math, the standard deduction trap, the session question, and what event contract and crypto traders should do about it.
- [Robinhood Prediction Market Taxes (2026): The Statement You Get, the 1099 You Don't, and What You Owe](https://coselite.com/blog/robinhood-prediction-market-taxes): Robinhood issues no 1099 for event contracts, just an Annual Statement the IRS never sees. A CPA explains the form gap, four tax treatments, and a full worked year.
- [Section 1256 and Event Contracts (2026): Do Kalshi and Prediction Markets Get 60/40 Treatment?](https://coselite.com/blog/section-1256-event-contracts): Section 1256's 60/40 rate could cut a prediction market trader's federal bill by a quarter, but no platform reports event contracts that way. A CPA walks the statutory test, the math, and the Form 6781 and Form 8275 mechanics.
- [State Taxes on Prediction Market Winnings (2026): The Second Bill Kalshi, Polymarket, and Robinhood Traders Forget](https://coselite.com/blog/state-taxes-prediction-market-winnings): Your state taxes prediction market profits too, and in some states a gambling characterization means tax on gross winnings with no loss deduction. A CPA maps all 50 states, prices one trader in five of them, and covers the 2026 changes.
- [Prediction Market Taxes (2026): How Kalshi, Polymarket, Robinhood and Every Major Platform Gets Taxed](https://coselite.com/blog/prediction-market-taxes): How prediction market taxes work on Kalshi, Polymarket, Robinhood and more. A CPA splits platforms by settlement type and shows exactly what to report.
- [Kalshi Taxes (2026): A CPA's Guide to the Forms You'll Get, the One You Won't, and What You Owe](https://coselite.com/blog/kalshi-taxes): Kalshi sends 1099s for interest, rewards, and crypto conversions, but nothing for your trading profit. A CPA walks through every form, four tax treatments, and one full worked year.
- [Polymarket Taxes (2026): A CPA's Guide to Reporting When There's No 1099](https://coselite.com/blog/polymarket-taxes): Polymarket sends no 1099, but your winnings are still taxable. A CPA explains the forms, the four tax treatments, and the USDC layer, with worked numbers.
- [Fake NFT Minting Scam (2026): How to Write Off the Loss](https://coselite.com/blog/fake-nft-minting-scam-tax-deduction): A fake NFT minting platform charges fake gas fees and shows fake sales you can never withdraw. If you minted as an investment, that loss is often deductible. Here is how the rules apply.
- [Fake Crypto Investment Platform Scam (2026): Deducting the Loss](https://coselite.com/blog/fake-crypto-investment-platform-scam-tax): A fake crypto investment platform shows you climbing profits you can never withdraw. If you invested for profit, that loss is often deductible. Here is how the theft-loss rules apply.
- [Fake Crypto Customer Service Scam (2026): How to Deduct the Loss](https://coselite.com/blog/fake-crypto-customer-service-scam-tax): A fake crypto customer service rep convinces you to move your funds to a 'safe' wallet, then takes them. That loss is often a deductible theft loss. Here is how the tax rules apply.
- [Crypto Phishing Scam (2026): Claiming the Wallet-Drain Loss on Your Taxes](https://coselite.com/blog/crypto-phishing-wallet-attack-tax-loss): A crypto phishing scam can empty a wallet in one signature. If the drained crypto was held for investment, that loss is often deductible. Here is how the theft-loss rules apply and how to claim it.
- [Pig Butchering Scam (2026): How to Write Off the Loss on Your Taxes](https://coselite.com/blog/pig-butchering-scam-tax-deduction): A pig butchering scam can wipe out a life savings. The lesser-known part: that loss is often deductible. Here is how the §165(c)(2) theft-loss rules apply to pig butchering, and how to actually claim it.
- [Crypto Scam Tax Deduction (2026): A CPA's Guide to Writing It Off](https://coselite.com/blog/crypto-scam-tax-deduction): If you lost crypto to a pig butchering scam, phishing attack, or rug pull, you probably have a deductible loss. IRS Chief Counsel Memo 202511015 made the rules clear in 2025. Most CPAs still won't file it. Here's the framework that works.
- [CoinTracker vs CoinTracking (2026): A CPA's Honest Comparison](https://coselite.com/blog/cointracker-vs-cointracking): CoinTracker or CoinTracking? After 500+ client returns filed on both, the answer is clear for nearly every individual crypto investor in 2026. Here is the honest comparison.
- [Koinly vs ZenLedger (2026): A CPA's Honest Comparison](https://coselite.com/blog/koinly-vs-zenledger): A CPA who uses both platforms daily compares Koinly vs ZenLedger on pricing, DeFi support, cost basis methods, audit defense, and real tax outcomes.
- [CoinTracker vs CoinLedger (2026): A CPA's Honest Comparison](https://coselite.com/blog/cointracker-vs-coinledger): A licensed CPA compares CoinTracker and CoinLedger head-to-head for 2026. Pricing, features, DeFi, and which crypto tax tool fits your portfolio.
- [Koinly vs CoinLedger (2026): A CPA's Honest Comparison](https://coselite.com/blog/koinly-vs-coinledger): A CPA who uses both tools daily compares Koinly vs CoinLedger for 2026. Pricing, DeFi accuracy, cost basis methods, and a real 800-transaction test.
- [Koinly vs CoinTracker (2026): A CPA's Honest Comparison](https://coselite.com/blog/koinly-vs-cointracker): A CPA's side-by-side comparison of Koinly and CoinTracker for 2026, with pricing breakdowns, DeFi testing, and a real worked example.
- [Summ Review 2026: A CPA's Honest Walkthrough](https://coselite.com/blog/summ-review): A CPA's honest Summ review. AI categorization tested, pricing breakdown, exchange limits, risk assessment, and Koinly comparison.
- [ZenLedger Review 2026: A CPA's Honest Walkthrough](https://coselite.com/blog/zenledger-review): A CPA's honest ZenLedger review for 2026. Audit defense deep dive, tax-loss harvesting limits, pricing tiers, and Koinly comparison.
- [CoinTracking Review 2026: A CPA's Honest Walkthrough](https://coselite.com/blog/cointracking-review): A CPA's honest CoinTracking review for 2026. Futures handling, 25+ accounting methods, common errors, pricing breakdown, and how it compares to Koinly.
- [Crypto Airdrops and Hard Forks: Tax Treatment](https://coselite.com/blog/crypto-airdrops-hard-forks-taxes): How the IRS taxes crypto airdrops and hard fork tokens under Rev. Rul. 2019-24. Dominion and control rules, FMV calculations, cost basis, and worked examples from a crypto CPA.
- [Crypto Cost Basis Methods: FIFO vs Specific ID vs HIFO](https://coselite.com/blog/crypto-cost-basis-methods): Compare FIFO, LIFO, HIFO, and Specific ID for crypto taxes. Worked example shows how the same sale produces 4 different tax bills. Updated for Rev. Proc. 2024-28, Notice 2026-20, and 1099-DA.
- [How Crypto Mining Is Taxed (2026 Complete Guide)](https://coselite.com/blog/crypto-mining-taxes-2026): Mined crypto is taxed as ordinary income at fair market value when received. Learn the hobby vs. business test, Schedule C deductions for electricity and hardware, self-employment tax, QBI eligibility, and how to avoid costly mistakes on your 2026 return.
- [How Crypto Staking Is Taxed (2026 Complete Guide)](https://coselite.com/blog/crypto-staking-taxes-2026): Staking rewards are taxed as ordinary income at fair market value when received, plus capital gains when sold. This guide covers IRS rulings, liquid staking, restaking, validator deductions, and worked examples for 2026.
- [Crypto-to-Crypto Trades: Tax Treatment Explained](https://coselite.com/blog/crypto-to-crypto-trades-taxes): Every crypto-to-crypto swap is taxable. Learn how to calculate gain/loss, why Section 1031 doesn't apply, and how to handle stablecoin swaps, wrapped tokens, and DEX trades.
- [Wash Sale Rules and Crypto: The Loophole That Won't Last](https://coselite.com/blog/crypto-wash-sale-rules-2026): The wash sale rule doesn't apply to crypto, yet. Learn how to tax-loss harvest crypto in 2026, what legislation could change, and how to maximize savings before the loophole closes.
- [DeFi Taxes Explained (2026 Complete Guide)](https://coselite.com/blog/defi-taxes-2026): How are DeFi transactions taxed in 2026? Complete guide covering token swaps, liquidity pools, yield farming, lending, governance airdrops, wrapped tokens, and new broker reporting rules.
- [IRS Crypto Tax Notices: What to Do If You Get One](https://coselite.com/blog/irs-crypto-tax-notice-response): Got an IRS crypto notice? Learn exactly how to respond to CP2000, Letter 6173, and Letter 6174 notices. Step-by-step response guide from a crypto tax CPA.
- [Lost or Stolen Crypto: Tax Treatment (2026)](https://coselite.com/blog/lost-stolen-crypto-taxes): Can you deduct lost or stolen crypto on your taxes? CPA guide covering TCJA suspension, Ponzi safe harbor, FTX/Celsius/Voyager losses, rug pulls, and abandonment losses for 2026.
- [NFT Taxes Explained (2026 Complete Guide)](https://coselite.com/blog/nft-taxes-2026): Are NFTs taxable? Yes. Learn how the IRS taxes NFTs for creators and collectors, the 28% collectibles rate, royalty income rules, and how to calculate your gain.
- [Best Crypto Tax Software 2026: A CPA's Honest Review of Every Major Platform](https://coselite.com/blog/best-crypto-tax-software-2026): A CPA who files 500+ crypto returns reviews Koinly, CoinTracker, CoinLedger, CoinTracking, ZenLedger, and Summ. No affiliate links. Just honest verdicts.
- [CoinLedger Review 2026: A Crypto Tax CPA's Honest Walkthrough](https://coselite.com/blog/coinledger-review): A CPA's honest CoinLedger review for 2026. Free vs paid breakdown, TurboTax export workflow, DeFi limitations, common errors, and how it compares to Koinly.
- [CoinTracker Review 2026: A Crypto Tax CPA's Honest Walkthrough](https://coselite.com/blog/cointracker-review): A CPA's honest CoinTracker review for 2026. Common errors, DeFi import quality, 1099-DA reconciliation, pricing, and when you need professional help.
- [How Much Does a Crypto Tax CPA Cost in 2026? (Real Numbers from a Real CPA)](https://coselite.com/blog/cost-of-crypto-tax-cpa): Real crypto tax CPA pricing for 2026: $800 to $50K+ across four tiers. A working CPA breaks down what you'll pay, what's included, and when the ROI math makes it worth every dollar.
- [Crypto Tax CPA vs Advisor vs Professional: What's the Real Difference (2026)?](https://coselite.com/blog/cpa-vs-advisor-vs-professional): CPA, EA, tax attorney, advisor, preparer — they all sound the same but mean wildly different things. A CPA breaks down what each credential means, what each can legally do for crypto investors, and which one you actually need.
- [The Ultimate Guide to Crypto Tax (2026 Edition)](https://coselite.com/blog/crypto-tax-guide-2026): The most comprehensive crypto tax guide online, written by a CPA who files 500+ crypto returns a year. Every taxable event, form, strategy, and 2026 update.
- [10 Red Flags Your Crypto Tax Preparer Is in Over Their Head (and What to Do About It)](https://coselite.com/blog/crypto-tax-preparer-red-flags): After reviewing 200+ prior-year returns, here are the 10 warning signs your crypto tax preparer is in over their head, the questions to ask, and how to fix it.
- [How to Choose a Crypto Tax CPA in 2026 (From a CPA Who Files 500+ Crypto Returns a Year)](https://coselite.com/blog/how-to-choose-crypto-tax-cpa): A CPA's guide to finding the right crypto tax professional. 10 interview questions, real pricing, red flags, and when you need a CPA vs EA vs tax attorney.
- [Koinly Guide: A Crypto Tax CPA's Complete Walkthrough (2026)](https://coselite.com/blog/koinly-guide): A CPA's step-by-step Koinly walkthrough. Learn how to set up Koinly, avoid the 7 most common errors, and know when DIY is enough vs. when you need a pro.
- [The Top 3 Reasons You Are Overpaying Your Crypto Taxes](https://coselite.com/blog/top-3-reasons-overpaying-crypto-taxes): Most crypto investors don't have a tax problem — they have a data problem. Here are the three most expensive mistakes we see, and how to fix them before you file.