If you are considering donating to a charity and are also a crypto enthusiast, you can create substantial savings for yourself while donating by leveraging your crypto assets. The future is now.

A cost basis is used to calculate what the potential gain of a capital asset should be based on. To make it complicated, countries often have varying different ways to calculate a cost basis, especially for cryptocurrencies, which makes it complicated for investors.

Cryptocurrency audits are investigations into blockchain based cryptocurrencies performed on individual investors or cryptocurrency businesses

Although CRA has specific guidelines around gifting, there is none for cryptocurrency. We must utilize existing rules to gauge how CRA currently views gifts in the form of crypto assets.

As crypto slowly creeps into the public eye, it’s important that new investors understand the importance of wallet choice. Cryptocurrency investors, unlike the traditional investors have an unrivaled interest in privacy and owning their wallet keys.

With the introduction of cryptocurrency to the mainstream, it’s important that investors understand the importance of choosing the correct crypto exchange to either trade or store their cryptocurrency on.

As the cryptocurrency market passes the 2 trillion market cap mark, it still surprises us how little traders and investors capitalize on a crypto accountant. Almost all other assets and investment opportunities are oversaturated with under qualified accountants attempting to provide a worthwhile service, which investors will throw their money at.

NFTs are rife with crazy projects, scams and mind-boggling purchases of seemingly useless assets. The crypto community is often torn on whether NFTs have legitimate use cases and if the current market is a complete bubble ready to burst at any moment.