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
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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|2 Comments
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Mailing Addresses:

205 – 50 Lonsdale Ave Office 2087, North Vancouver, BC V7M 2E6

4 – 4911 57A Street, Delta, BC, V4K 3G6

We work virtually through the internet so that we can serve more clients. Learn more

Office Hours: 

Monday – Friday:  9 am – 5 pm

During Tax Season (Feb – Apr 30th)

7 days a week, 8:30 am – 9 pm

Updated Canadian Dental Care Plan

08/16/2024|0 Comments

The Canadian Dental Care Plan (CDCP) is helping make the cost of dental care more affordable for eligible Canadian residents aged 65 and over, children under the age of 18 and adults with a valid Disability Tax Credit certificate. Qualifications To qualify for the CDCP, you must meet all [...]

CRA Response Times

07/25/2024|0 Comments

CRA Response Times I have noticed that it can take 2 hours or more to get through on the CRA's telephone line (1-800-959-8281). This has been true in the height of tax season (Feb-Apr) as well as other times. The alternative is to agree to have us represent you [...]

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