Block3 Finance | Crypto Accounting Firm (@block3finance) 's Twitter Profile
Block3 Finance | Crypto Accounting Firm

@block3finance

๐Ÿ’ก Driving financial clarity in blockchain
๐ŸŒ Global leaders in crypto accounting & financial strategy
๐Ÿ’ผ Comprehensive CFO support for Web3 companies

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linkhttp://www.block3finance.com calendar_today22-09-2024 17:40:35

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Most firms do accounting. We do crypto-first subject matter expertise. ๐Ÿ“Œ 2โ€“3 crypto tax articles/day ๐Ÿ“Œ Experts in DeFi, staking, airdrops, mining ๐Ÿ“Œ Global clients. Real experience. No fluff. ๐Ÿ“š Explore 200+ expert-written articles on crypto tax, accounting, and compliance โ€”

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CRA ran 96,000+ audits. Crypto's not invisible anymore. Staking = taxable Swaps = taxable Profits = taxable Block 3 Finance files CRA-compliant reports that exchanges donโ€™t. ๐Ÿ’ผ Book your free crypto tax consultation: block3finance.com Next week: Crypto taxes for

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Every crypto buy and transfer has tax consequences. Yes, even the fees matter. CRA wants: ๐Ÿงพ Full transaction records ๐Ÿ“Š Proper cost basis tracking ๐Ÿชช Proof of wallet ownership We handle it all for you โ€” audit-ready. ๐Ÿ’ผ Book your FREE consult: block3finance.com

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The CRA launched 96,000 audits last year, and yes, crypto is on their radar. ๐Ÿšจ From trading to staking, your activity might be taxable, and most Canadians still donโ€™t know what needs to be reported. ๐Ÿ”Ž๐Ÿ‡จ๐Ÿ‡ฆ ๐Ÿค Brought to you in partnership with Block3 Finance | Crypto Accounting & Tax Firm

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Token migrations arenโ€™t taxable. But most tax tools report them like they are. We fix that โ€” and save you money. ๐Ÿ“… Book your Free Initial Consultation: block3finance.com

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Held $100K+ in crypto for even a day? CRA expects a T1135 โ€” or itโ€™s a $2,500 penalty. Most accountants miss it. We donโ€™t. โœ… File clean reports โœ… Avoid audit traps โœ… Book your Free Initial Consultation at block3finance.com

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Desk vs Field Audit: What CRA actually does ๐Ÿงพ Desk = online document review. Field = auditor shows up at your accountantโ€™s office โ€” crypto-trained. You only get 15โ€“30 days to respond. Use a team thatโ€™s done this before. Free initial consult โ†’ block3finance.com

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โ€œRelationship is more important to us than money.โ€ We publish 2 new crypto accounting & tax articles every day โ€” no other firm does this. Clients, founders, even lawyers trust us for clarity in chaos. ๐Ÿ“š Read. Learn. Act. ๐Ÿ”— Book your FREE Initial Consultation โ†’

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Crypto users, CRA is watching ๐Ÿ‘€ Tax software now flags crypto users โ€” making audits easier. Block3 Finance includes audit support in every package. No extra cost. ๐Ÿ”— Book your FREE initial consultation: block3finance.com #CryptoTax #CRAAudit #CryptoAccounting

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CRA & Revenu Quรฉbec are targeting crypto inside corporations ๐Ÿšจ โœ… Staking โœ… Trading โœ… Holding crypto in a corp All of it now under audit spotlight. Mess up the structure โ€” and itโ€™s no longer tax-efficient. ๐Ÿ“Š Block3 Finance helps you stay compliant. ๐ŸŽฏ Book your free initial

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NFT royalties = business income. CRA taxes it when received. Want to pay less tax? โœ… Use a corp โœ… Deduct expenses โœ… Track everything โŒ Donโ€™t call it capital gains

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Using your crypto gains to fund your business? Hereโ€™s what the CRA expects ๐Ÿงพ๐Ÿ‘‡ (1) Selling = Capital gains tax (2) Direct transfer = Possible rollover (3) Itโ€™s no longer your asset Want to structure it right? Get a free Initial consultation: block3finance.com

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Got airdropped or gifted crypto? It might be โ€œfreeโ€ โ€” but the CRA still wants its cut ๐Ÿ’ธ ๐Ÿ‘‰ Learn when and how to report ๐Ÿ‘‰ Avoid surprises during tax season ๐Ÿ‘‰ Swipe through the quick guide ๐Ÿ“ฉ Free Initial Consultation: block3finance.com

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Selling NFTs outside ๐Ÿ‡จ๐Ÿ‡ฆ? GST/HST might still apply. Digital asset exports aren't always tax-exempt. If you're minting, selling, or flipping NFTs globally, CRA might want their share. ๐Ÿ’ก Stay compliant โ€” book your free consultation at block3finance.com

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Crypto audits in 2025 = more data + less warning. CRA, IRS, Revenu Quรฉbec are tracking NFT sales, staking, and offshore wallets using AI. You donโ€™t get time to โ€œprepareโ€ after the audit letter hits. ๐Ÿ“Œ Stay ready. Book your free consultation: block3finance.com

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Holding crypto in escrow? You may still owe taxes ๐Ÿ‘€ Escrow and custody donโ€™t protect you from tax reporting obligations. The CRA & IRS expect clean documentation and wallet-level clarity. Donโ€™t wait for an audit to figure it out. Let Block3 Finance review your setup. Book a

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Rug pulls and hacks feel like losses โ€” but the CRA/IRS wonโ€™t just take your word for it. ๐Ÿงพ Without proof, no deduction. ๐Ÿ“Œ Book your free initial consultation at Block3 Finance today. ๐Ÿ”— block3finance.com

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Spent crypto = taxable in Canada ๐Ÿ’ธ CRA treats it as a sale (disposition). That means you may owe capital gainsโ€”even for coffee โ˜• Avoid penalties. Book your FREE consultation โ†’ block3finance.com

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Layer 2 rewards = CRA attention ๐Ÿ‘€ That airdrop from Arbitrum or Base might be income โ€” not a gift. ๐Ÿ“‰ CRAโ€™s auditing wallet activity more than ever. Get your reporting right with a free consultation from Block3 - block3finance.com