What Cryptocurrency Investors Need to Know at Tax Time
Although investing in cryptocurrencies has been very volatile since their inception, the trend until very recently has been up. And for those who have been involved for over a year: way up. One question we hear a lot…
Trading Cryptocurrencies for Yourself and for Others: What are the Risks?
It is not uncommon for someone to walk into our office who was either an early investor in Bitcoin or Ethereum, or who had successfully played the Altcoin markets to reap substantial gains. For those people…
Blockchain and Cryptocurrencies in 2018: The Good, the Bad and the Ugly
2017 was a remarkable year for crypto. At the beginning of the year we saw people outside of the Blockchain community start to take notice. Then we saw institutions take notice. Then we saw governments start to…
Are Cryptocurrencies Subject to Sales Tax?
The use of Cryptocurrencies in Canada continues to gain popularity, but as its use cases proliferate, the regulators, including the Canada Revenue Agency (“CRA”), are struggling to provide answers for how certain…
Should I Incorporate in the United States?
The United States is Canada’s largest trading partner and thus a very appetizing market for Canadian businesses. Many Canadian companies and individuals looking to invest in or emigrate to the US often…
How to Draw Money from your Corporation while Mitigating your Tax Liability
If you have been following our start-up series, you will have already planned for your moment as well as learned about corporate structure…
5 KEY STRATEGIES TO BEAT THE DEATH TAX
Funeral service preparations, obtaining proof of death and distributing inheritances are some of the many things your loved ones have to take care of upon your death. The last thing you want them to worry about…
The Shocking Myth Believed by Most Toronto Business Owners
There is a shocking myth swirling around entrepreneurs in the City of Toronto. It appears that business owners everywhere believe that there is no point in getting legal advice until their business is huge. We don’t…
3 Tax Reduction Strategies with Which a Business Lawyer Can Help
Tax reduction is a prime concern for many small businesses, especially those just starting up or looking to make a change in the company; the difference between two rates of taxation may mean the difference in…