# Crypto Currency Tax Accountants near you. ## How It Works fa fa-cogs ### Get Pricing - Make an appointment to share your unique background and trading situation. All of our meetings are conducted over the phone or Microsoft Teams. [Select a date and time now.](https://calendly.com/forte-team-consultation) fas fa-cloud-upload-alt ### Securely Upload Your Documents - Send us your crypto data files in Excel or CSV format - Also share your crypto wallets public APIs fas fa-calculator ### Review Crypto Report - Review your report together - Your choice to how you file taxes fab fa-rocketchat ### Tax Filing Your choice: – File your own taxes – We file for you – Work with your accountant ## How does crypto taxation work? Cryptocurrency taxation is a complex topic that varies by country. In Canada, the Canada Revenue Agency (CRA) considers cryptocurrency as a digital asset and taxes it as such. If you sell or use your crypto in a transaction and it is worth more than it was when you purchased it, you will be taxed on the capital gains. The amount of tax you’ll pay on crypto depends on the kind of transaction (income or capital gain), and how much you earn. For transactions viewed as income, you’ll pay Income Tax at your usual Federal and Provincial tax rate. For transactions viewed as capital gains, you’ll pay Income Tax at your normal Federal and Provincial tax rate on half of any gain. If you need more information on how to calculate and report your crypto taxes in Canada, including income and capital gains, with the latest guidance from the CRA and the CRA’s crypto policies, you can check out this [**guide**](https://forteinnovations.com/index.php?option=com_content&view=article&id=13:crypto-tax-canada-how-to-file-income-tax-guide&catid=11:cryptos&Itemid=117) by Forte Innovations. It covers everything you need to know including crypto capital gains, crypto income, how to calculate your crypto taxes, how to report your crypto to the CRA, and even how to help you reduce your tax bill ahead of the April 30 tax deadline [1](https://koinly.io/guides/crypto-tax-canada/). ## Taxable Crypto Activities ### What’s the difference between Business vs. Capital Gains Crypto Tax Returns Sure! When calculating your crypto taxes, it’s important to start by inspecting the proceeds resulting from disposition. In Canada, we use the Adjusted Cost Base (ACB) to calculate the cost of your cryptocurrency. Don’t forget to include Crypto Exchange Fees (i.e. gas fees) to ensure that your report is complete and accurate before settling your crypto gains and losses report. If you are picked for a review or for a full audit, the crypto gains and loss report will be the basis by which to support your reply to the CRA. It is also used to prepare your tax return for e-File with major tax software packages like [TurboTax](https://turbotax.intuit.ca/tax/software/download) or [UFile](https://www.ufile.ca/), which are the most popular tax preparation packages for those filing by themselves. To distinguish between business income and capital gains, evaluate by using the following criteria: #### **Business Income** - Cryptocurrency trading (i.e. how frequent is your trading?) - Holding inventory for a short period of time (i.e. minutes, hours, days) - Intention related to your crypto mining (i.e. is it to make a profit or a hobby?) - It is your main source of income (i.e. is it a hobby or your main source of income?) #### **Capital Gain** - Holding for investment purposes For more information on how to calculate your crypto taxes, how to report your crypto to the CRA, and how to help you reduce your tax bill ahead of the tax deadline, you can check out our [Crypto Tax Canada: Ultimate Crypto Income Tax Guide](https://forteinnovations.com/index.php?option=com_content&view=article&id=13:crypto-tax-canada-how-to-file-income-tax-guide&catid=11:cryptos&Itemid=117). ## Crypto tax accountants near me ### We calculate crypto tax Filing on your own? Or, working with a CPA? Either way, when you provide us with your data, we can tell you if you’re missing crypto transactions. Then, we calculate the correct amount of profit and losses. You can relax and confidently file your tax return. ### We personally work with you When you send us your crypto exchanges’ CSV files, or provide us access to your data via the crypto exchanges’ API, we can merge, aggregate and consolidate every single source of data, apply the right currency exchange to arrive at the correct amount in Canadian dollars. ### Peace of mind You’ll get a detailed crypto tax accountant report containing your profit and loss, we will work with you so you understand and can ask any questions about your results. We don’t rest until you are satisfied because through an interactive process, you will learn more about your own crypto currency journey, and how you can improve your trading strategy. ### Useful reference links: ## Popular Crypto Terms This introduction offers insight into the world and mechanics of the technology itself. We explore topics from the very first blockchain (Bitcoin) to the numerous industries being disrupted and the use-cases driving it. We offer best practices for handling blockchain and digital assets. Our knowledge ranges from storage basics to industry leading security innovations. We can help you understand and implement the correct payment solution to give your product or service the edge in the new blockchain economy. From design to implementation we will oversee the transition with you. We can help you understand and implement the correct payment solution to give your product or service the edge in the new blockchain economy. From design to implementation we will oversee the transition with you. We offer full end to end solutions for any blockchain project. Even before a blueprint is drafted there is value we offer you in understanding the logistics of creating a viable blockchain offering. Let our development team take your idea to the next level. Advice and support on all projects and services in the Blockchain 2.0 space. This extends to sidechains, Internet Of Things (IoT) and smart assets (contracts, properties and cities). Blockchain technology will be the backbone of all these new innovations and thus a thorough understanding of them is essential to continued success. If you're a trader, do business with regulated exchanges. These exchanges will be bound by the regulatory framework setforth in the jurisdiction they operate. It also means that it is unlikely that your cryptos will be used to fund the owners, its business partners or venture capitalists through any round trip funding. A roundtrip funding means that as a condition of investment, the venture capitalist will require the exchange to invest in the venture capitalist's portfolio companies. Thus, "reducing" the risk for the venture capalist. This was the case with the dramatic overnight failure of FTX. If you're a long term investor, invest in blue chip coins like Bitcoin which are pure play. There are many scam coins which exist as pump and dump scheme. A pump and dump scheme makes the founders and early traders of the scam coin very well off but as a later buyer, they would have sold their coins, leaving you with a worthless coin. You have just lost your money. Second, invest in a cold storage wallet. This is a USB stick that was crypto programming that will store your crypto off and away from online crypto exchanges. For business, consult with an expert to create a custom solution that work for your business. [Call Us](https://www2.forteinnovations.com/contact-us.html) at anytime to learn more. [googlereviewspro id="2"] ### Cryptos Blog [![Crypto Tax Canada](https://forteinnovations.com/images/blog_images/canada-parliament.webp)](https://forteinnovations.com/blog/cryptos/crypto-tax-canada-how-to-file-income-tax-guide.html)### [Crypto Tax Canada: Super Guide 2026](https://forteinnovations.com/blog/cryptos/crypto-tax-canada-how-to-file-income-tax-guide.html) **Published::** 14 February 2026[Cryptos](https://forteinnovations.com/blog/cryptos.html)- [ cryptos ](https://forteinnovations.com/component/tags/tag/cryptos.html) - [ crypto tax canada ](https://forteinnovations.com/component/tags/tag/crypto-tax-canada.html) Hey there! 👋 Our 2026 Canada Crypto Tax Guide is here to help make things simple and stress-free. We've put together everything you need to understand the latest guidance straight from the Canada Reve... [Read More](https://forteinnovations.com/blog/cryptos/crypto-tax-canada-how-to-file-income-tax-guide.html) [![Crypto Taxation: Capital Gains, Business Income and AMT](https://forteinnovations.com/images/2024/02/crypto-taxation.webp#joomlaImage://local-images/2024/02/crypto-taxation.webp?width=600&height=600)](https://forteinnovations.com/blog/cryptos/crypto-capital-gains-business-income-and-amt-what-you-need-to-know.html)### [Crypto Capital Gains, Business Income and AMT](https://forteinnovations.com/blog/cryptos/crypto-capital-gains-business-income-and-amt-what-you-need-to-know.html) **Published::** 15 January 2026[Cryptos](https://forteinnovations.com/blog/cryptos.html)- [ cryptos ](https://forteinnovations.com/component/tags/tag/cryptos.html) - [ crypto tax canada ](https://forteinnovations.com/component/tags/tag/crypto-tax-canada.html) - [ taxation ](https://forteinnovations.com/component/tags/tag/taxation.html) The Alternative Minimum Tax (AMT) is an income tax calculation that can result in an unexpected crypto tax bill. [Read More](https://forteinnovations.com/blog/cryptos/crypto-capital-gains-business-income-and-amt-what-you-need-to-know.html) [![Dealing with crypto accounting and taxes](https://forteinnovations.com/images/blog_images/time-percentage-1-intro.webp)](https://forteinnovations.com/blog/cryptos/heres-why-you-need-records-to-file-crypto-taxes.html)### [Here's Why You Need Records Keeping to File Crypto Taxes](https://forteinnovations.com/blog/cryptos/heres-why-you-need-records-to-file-crypto-taxes.html) **Published::** 04 April 2024[Cryptos](https://forteinnovations.com/blog/cryptos.html) Record keeping, for many years, crypto taxes and trading crypto has, for many, been the land of the free. Literally. Governments around the world are starting or have crypto banned, regulated or lega... [Read More](https://forteinnovations.com/blog/cryptos/heres-why-you-need-records-to-file-crypto-taxes.html)