Cryptos

Dealing with crypto accounting and taxes

Here's Why You Need Records to File Crypto Taxes

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 legalized.  In Canada, this is not the exception.  Since 2016, the Canada Revenue Agency (CRA) has had rules around crypto how to tax currency.

Canada Top Crypto Tax Accountant

Cryptocurrency Tax Situation in Canada

Cryptocurrency tax: Founded in 2016, our firm has since helped clients across the country to answer questions about buying, investing in and selling cryptocurrencies.

Debunking Crypto Myths

Debunking Crypto Most Myths

Crypto myth: Currently, there are over 19,000 crypto security tokens. DeFi and Web3 seem to be all the rage. It attempts to displace and dislodge the current banking system. The current system has been around since World War I due to the ascension of the United State Dollar as the world’s reserve currency. 

What makes each stablecoins different?  Let's explain.

Stablecoins Explained

Stablecoins are cryptocurrencies, in which the value of which is pegged, or tied, to that of another currency, commodity or financial instrument. In other words, Stablecoins are intended to be — and largely have been — less susceptible to volatility because they are backed by another asset. Theoretically, they serve as a safe-harbour to the daily fluctuations of all other cryptos like Bitcoin (BTC) or Ethereum (ETH)

Luna Terra Crypto Crash: What Investors Need to Know

Luna Terra crypto crash. Why did crypto crash today? Do these things to be ready before the next cryptocurrency crash.

The diagram illustrates the current state of the American SWIFT system.  It has existed since 1974. It replaced and enhanced trust and security of funds transfers.

Cryptocurrency Role in War: A Primer on

Crypto currency role in war. The Western block has weaponized the SWIFT messaging system.  This is a primer, what what is really SWIFT and why it is at the center of Western sanctions against Russia?  

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Forte Innovations specialty is in crypto tax accounting, including bookkeeping, controller and CFO services in Canada.  We are not a public accounting firm and does not provide services that would require a license to practice public accountancy.