Cryptocurrency Taxation Issues

Cryptocurrency is treated as a commodity for tax purposes

Any income from the sale or transfer of such cryptocurrency is treated either as business income or as a capital gain. Similarly, losses are either treated a a business loss or capital loss and can be set off against business profits or capital gains, respectively

Taxable Transactions

Taxable transactions occur in the following situations:

  • You […]
By |2023-01-07T14:13:24-08:0001/07/2023|Business Taxes, Taxes|0 Comments

Catching Up on Past Due Tax Returns

Catching Up on Past Due Tax Returns

Our tax services include catching up on tax returns from past years that haven’t been filed yet for both individuals and businesses

This is a big part of our business! We support our clients through-out the year by preparing past due tax returns. The CRA only requires taxpayers to catch up for the past […]

By |2022-12-31T13:46:40-08:0006/09/2022|Business Taxes, Taxes|0 Comments
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