Blockchain, cryptocurrency, and NFTs
Does your stodgy old Accountant even understand cryptocurrency? Do they refuse to help you?
The young Professionals at Ncube & Landry LLP have been involved in advising clients on the taxation of digital assets since 2018 when the firm was established.
We specialize in providing services to individuals, estates and corporations looking to comply with CRA requirements and accurately report the income, gain and/or loss on their tax return. Cryptocurrency and digital assets is a relatively new area for the Canada Revenue Agency (CRA) and we want to make sure our clients are not only on-side with the CRA, but are doing so in the way that is the most tax advantageous.
Digital Asset Services
Our team can provide the following services:
Analysis of transactions to determine income or capital
Calculation of gains and/or losses for tax purposes
Mining and/or staking income calculation and reporting
Tax planning around large purchases and/or sales of cryptocurrency
Communication with CRA including assistance with an audit
Any other consulting regarding digital assets
Costs and Estimates
Unfortunately, do to the nature of cyrptocurrency transactions, we are unable to provide estimates for our services. All fees are determined based on the amount of time it takes to review and process the information provided to us. The better records you keep, the less time we spend.
Our fees will be billed based on anywhere from $100 to $300 per hour. Some engagements may only be a couple hundred dollars while some may push $10,000. It depends entirely on your specific situation. Please contact us for more information.
Do you accept Bitcoin as payment?
Pay by Bitcoin
Pay by Ethereum
If you are interested in any of the above services, feel free to contact us today!
Phone: 780-784-6844 (ask for Phil)