TAX MANAGER EXPLAINS Crypto Taxes for Beginners

Do you invest in Crypto and wonder what the tax implications are? I go over Crypto Taxes for Beginners in 2021 for those in Canada! 00:00 Intro 01:10 Canadian Revenue Agency's (CRA) View on Crypto 02:39 Business Income/Loss vs. Capital Gain/Loss 05:03 Step by Step on Calculating your Crypto Tax ________________________________ MY FAV PLATFORMS 💰 NDAX 10 - My fav cryptocurrency exchange in Canada (low fees, free deposit, great interface & quick verification) - get FREE $10 using my link: https://one.ndax.io/bfQHFC 💰 NEXO - Don't let your crypto just sit - Earn up to 12% on crypto, including fiat currency! Use my link to earn $25 in BTC for depositing $100 (VALID UNTIL DEC 31st): https://nexo.io/ref/8jhn5fsmvk?src=web-link ________________________________ FREE RESOURCES 💰FREE GUIDE on TOP 10 TAX WRITE-OFFS https://www.gabrielletalksmoney.com/resources 💰FREE BOOKKEEPING TEMPLATE https://www.gabrielletalksmoney.com/resources 💰FREE BUDGETING TEMPLATE https://www.gabrielletalksmoney.com/resources 💰FREE MASTER CLASS on How to Recession Proof your Business https://www.gabrielletalksmoney.com/masterclass ________________________________ PATH2PROFITS PROGRAM ✅ A 3 Step Blueprint on how to optimize your Business Finances. Created for Business Owners by a CPA. https://www.gabrielletalksmoney.com/path2profits ________________________________ CONNECT WITH ME 💼 Tax & Accounting Services: https://www.balanceandwealth.com/ 🌍 Blog: https://www.gabrielletalksmoney.com 📸 Instagram: @GabrielleTalksMoney 💬JOIN OUR COMMUNITY https://www.gabrielletalksmoney.com//group/living-life-on-your-own-terms ________________________________ WHO AM I: Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, working with Fortune 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips. ________________________________ Disclaimer: Note this video is not financial nor accounting/tax advice and should be used for entertainment purposes only. Consult with your own financial advisor, accountant and/or tax advisor for specific advice related to your business situation and needs. *This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you). #cryptotaxes #cryptotaxescanada #cryptotaxesexplained #calculatecryptotaxes #bitcointaxescanada

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