INSIGHTS BLOG

Really? What are Stablecoins?
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...
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Crypto Myth that Frustrate Most People: Debunking the
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 bee...
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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.
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Cryptocurrency Tax Situation in Canada | Forte Innovations
Cryptocurrency tax: Founded in 2016, our firm has since helped clients across the country to answer questions about buying, investing in and selling cryptocurrencies.
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Controller Services: Is Your Business Ready to Recruit One?
Controller services, the accounting department is the eyes and ears of the company. You are asking "What does a controller do?". In this article, you will learn the key functions of this r...
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What's the Difference Between Bookkeeper and Accountant?
Business owners who are considering whether to hire a bookkeeper or an accountant by considering the value that each roles bring.
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Canada Tax Checklist 2022: What Do You Need to File My Taxes?
Canada Tax Checklist has been updated for 2022. Stay organized and get a head start on this tax season with this list of forms and receipts you’ll need to file your taxes.
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What is a Cryptocurrency Disposition?
Every cryptocurrency disposition or transaction creates a TAXABLE EVENT. Whether buying, selling or trading, any gains or losses that result are taxable.
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Crypto currency 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 Rus...
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Four of the most basic financial statements (and why they are important)
Analysis of the four basic financial statements gives you an idea of your overall financial health, and for that reason alone it’s important to understand them.
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What happens if you don't disclose crypto activity this tax season
Crypto has been marketed by Michael Saylor, CEO of Microstrategy as an anonymous system. It's been shown recently that governments can have a lot of information into who is buying and selling cr...
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Crypto Tax Canada: Filing Income Tax Guide
Canada crypto tax is triggered whenever a taxable crypto transaction of any type. Tax due is calculated whether it is a capital gain or business income. How much tax is due is dependent on each ...
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