Crypto Traders
We reconcile trades, wallets, and exchanges to report capital gains and losses accurately.
Crypto Tax Services in Ontario
Comprehensive crypto tax, crypto bookkeeping, crypto advisory, and crypto audit services for
individuals,
crypto businesses, and blockchain startups in Ontario. We prepare detailed crypto tax reports,
support CRA
and Revenue Quebec reviews, assist with crypto off-ramp reporting, and guide clients through complex
matters such as US Streamlined Procedures. Our team ensures accurate filings, full regulatory
compliance,
and audit ready documentation so you can focus on growing your crypto portfolio with confidence.
Schedule A Free Initial Consultation
Crypto Taxation in Ontario
Ontario has experienced rapid growth in cryptocurrency adoption, with individuals, active traders, and blockchain businesses facing increasingly complex tax obligations. Proper understanding of crypto tax regulations is essential to avoid penalties, audits, and compliance issues. At Tax Partners, we provide specialized crypto tax services including accurate reporting, CRA audit support, and strategic tax advisory tailored for Ontario residents and businesses.
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Growing Adoption
Crypto investors, traders, and blockchain startups are expanding rapidly across Ontario.
CRA Reviews
Increased CRA audits targeting unreported crypto gains and transactions.
Specialized Crypto Tax Experts
Dedicated professionals with deep crypto tax knowledge.
Crypto Tax Compliance
Full compliance with CRA, Revenue Quebec, and US tax regulations.
Tax Partners
Crypto Tax Services in Ontario
- Crypto tax preparation and filing for Ontario residents
- Crypto capital gains and business income reporting
- NFT and DeFi transaction tracking and reporting
- Blockchain and crypto payroll services
- Cryptocurrency bookkeeping and tax reporting
- Crypto audit support and CRA audit defence
- Crypto tax advisory for traders and business owners
- US Streamlined Procedure for international crypto compliance
- Revenue Quebec crypto tax advisory and filing
Schedule A Free Initial Consultation
Who We Support in Ontario
Tax Partners works with individuals, traders, businesses, and blockchain startups across Ontario to simplify crypto tax reporting, ensure compliance, and reduce tax risks.
NFT Creators and Collectors
We track and report NFT transactions, including sales, royalties, and mints.
Blockchain Startups
Specialized tax and bookkeeping services for emerging blockchain businesses in Ontario.
Crypto Businesses
We provide crypto payroll services, crypto tax filing, and bookkeeping for businesses accepting crypto pay.
Cities We Serve in Ontario for Crypto Tax
We provide crypto tax and accounting services in Ontario
Schedule A Free Initial Consultation
Crypto Tax in
Toronto
Crypto Tax in
Ottawa
Crypto Tax in
Mississauga
Crypto Tax in
Brampton
Crypto Tax in
Vaughan
Crypto Tax in
Markham
Crypto Tax in
Richmond Hill
Crypto Tax in
Newmarket
Crypto Tax in
Oakville
Crypto Tax in
Burlington
Crypto Tax in
Milton
Crypto Tax in
Hamilton
Crypto Tax in
Kitchener
Crypto Tax in
Waterloo
Crypto Tax in
Guelph
Crypto Tax in
London
Crypto Tax in
Cambridge
Crypto Tax in
Pickering
Crypto Tax in
Ajax
Crypto Tax in
Whitby
Tax Partners
Crypto Tax Services in
Crypto Tax Services in
Ontario
- Reconciling all crypto exchanges, wallets, and transaction histories
- Calculating crypto capital gains, losses, and business income
- Reviewing NFT and DeFi activity for tax implications
- Generating accurate, CRA-compliant crypto tax reports
- Assisting with filings to CRA, Revenue Quebec, and the IRS
STEP 1
Reconciliation
We collect data from all exchanges, wallets, and on chain activity to create a complete transaction history. Transfers are matched, duplicates are removed, and missing data is resolved to ensure accuracy from the start.
Tax Partners
Crypto Tax Services in
Crypto Tax Services in
Ontario
- Reconciling all crypto exchanges, wallets, and transaction histories
- Calculating crypto capital gains, losses, and business income
- Reviewing NFT and DeFi activity for tax implications
- Generating accurate, CRA-compliant crypto tax reports
- Assisting with filings to CRA, Revenue Quebec, and the IRS
STEP 2
Calculation
Using reconciled data, we calculate crypto capital gains, capital losses, and crypto business income. Each transaction is valued correctly based on fair market value at the time of the event.
Tax Partners
Crypto Tax Services in
Crypto Tax Services in
Ontario
- Reconciling all crypto exchanges, wallets, and transaction histories
- Calculating crypto capital gains, losses, and business income
- Reviewing NFT and DeFi activity for tax implications
- Generating accurate, CRA-compliant crypto tax reports
- Assisting with filings to CRA, Revenue Quebec, and the IRS
STEP 3
Tax Review
NFT transactions, staking rewards, DeFi activity, airdrops, and rewards are reviewed individually. We determine the correct tax treatment based on CRA guidance and your specific activity profile.
Tax Partners
Crypto Tax Services in
Crypto Tax Services in
Ontario
- Reconciling all crypto exchanges, wallets, and transaction histories
- Calculating crypto capital gains, losses, and business income
- Reviewing NFT and DeFi activity for tax implications
- Generating accurate, CRA-compliant crypto tax reports
- Assisting with filings to CRA, Revenue Quebec, and the IRS
STEP 4
Crypto Tax Reports
We prepare detailed, audit ready crypto tax reports that align with CRA, Revenue Quebec, and IRS requirements. These reports clearly document calculations, classifications, and supporting data.
Tax Partners
Crypto Tax Services in
Crypto Tax Services in
Ontario
- Reconciling all crypto exchanges, wallets, and transaction histories
- Calculating crypto capital gains, losses, and business income
- Reviewing NFT and DeFi activity for tax implications
- Generating accurate, CRA-compliant crypto tax reports
- Assisting with filings to CRA, Revenue Quebec, and the IRS
STEP 5
Filing & Support
After filing, we remain available to respond to CRA, Revenue Quebec, or IRS follow ups. If reviews or audits arise, we assist with documentation, explanations, and ongoing compliance support.
Why Choose Tax Partners
for Crypto Tax in Ontario
Ontario crypto investors and founders trust Tax Partners for our deep specialization in crypto tax compliance. Our expertise in CRA, US tax law, and Revenue Quebec regulations ensures accuracy, confidence, and peace of mind.
Schedule A Free Initial Consultation
Crypto Tax Reporting
Accurate reporting of all crypto activities.
DeFi & NFT Tracking
Expert handling of complex Web3 transactions.
Tax Filing with CRA
File crypto tax returns confidently with our expert support.
Audit Defense
We provide audit support and documentation for CRA and Revenue Quebec audits.
Tax Partners
Maximizing Crypto Tax
Book Free Consultation
Maximizing Crypto Tax
Efficiency in Ontario
Crypto tax compliance in Ontario requires precision and expertise. Tax Partners helps minimize your tax liability through strategic planning while ensuring compliance with CRA, Revenue Quebec, and US regulations.
Expert Crypto Tax Services
Specialized crypto tax services for individuals and businesses in Ontario.
Comprehensive Tax Solutions
Full-service crypto tax filing and preparation, including CRA and IRS compliance.
DeFi & NFT Expertise
Track and report DeFi activity, NFT sales, royalties, and staking rewards.
CRA Audit Support
Proactive support for CRA and Revenue Quebec audits related to crypto taxes.
Book Free Consultation
What Our Clients Say
“Don’t just take our word for it - Our satisfied clients are our best advocates”
Jessica Harcourt
Sam and Mahad were both extremely professional and knowledgeable. I have a lot of confidence in them and will be returning. Read More
Gabriel Sanchez
My first time coming here, and my experience with them was great from start to finish. I worked with Sam and he took excellent care of my business. Will be returning next tax season for sure! Read More
Steve Brown
Sam was quick and friendly. He was very good to deal with and I would highly recommend him in the future. Have dealt with Tax Partners for many years and would not go anywhere else! Read More
Kimberly Sallai
Neelam is really excellent. She's really fast in doing her taxes. Julia is a very good assistant too. Fast and reliable. (Oshawa branch) Read More
EXCELLENT
Based on 1396 Reviews
Tools We Use
Our go-to platforms for smarter finances, clear insights, and efficient workflows.
Frequently Asked Questions
Yes. Cryptocurrency is taxable in Ontario under federal CRA rules. Crypto activity such as
trading,
selling, staking, mining, or earning crypto income must be reported. Depending on how crypto is
used,
it may be taxed as capital gains or business income.
Yes. Even occasional crypto trades must be reported in Ontario. Any disposal of cryptocurrency,
including selling, trading, or using crypto to pay for goods or services, can create a taxable
event
that must be reported to the CRA.
The CRA may classify crypto income as capital gains or business income based on activity,
frequency,
intent, and sophistication. Active trading, high volume transactions, or operating in a business
like
manner often leads to business income classification.
Yes. Crypto to crypto trades are taxable in Ontario. Trading one cryptocurrency for another is
considered a disposition by the CRA and must be reported, even if no fiat currency is involved.
Yes. A complete crypto tax report is required to accurately calculate gains, losses, and income.
The CRA expects clear documentation showing transaction history, valuations, and
classifications.
A crypto tax report helps ensure accurate filing and audit readiness.
Yes. TaxPartners provides CRA crypto audit support for Ontario residents and businesses. This
includes
transaction reconciliation, preparation of audit ready crypto tax reports, and assistance with
CRA
questions or review requests.
NFT transactions in Ontario may be taxed as capital gains or business income depending on
activity.
Minting, selling, trading NFTs, or earning royalties requires detailed tracking and reporting to
comply
with CRA requirements.
Yes. DeFi activities such as staking, yield farming, liquidity pools, lending, and rewards can
be taxable
in Ontario. Each transaction type may be treated differently, making accurate classification and
reporting
essential.
Yes. Ontario businesses that accept cryptocurrency must report crypto revenue, track valuations,
and ensure
proper bookkeeping. Crypto payments are treated as income at fair market value and must be
included in
business tax filings.
You can get started by booking a free consultation with TaxPartners. Our crypto tax specialists
review your
activity, explain your Ontario tax obligations, and guide you through accurate crypto tax
preparation and
CRA compliant filing.
Connect with us 
For any general inquiries,
please fill in the following contact form:
Newmarket Office
info@taxpartners.ca
(905) 836-8755
17817 Leslie St, Unit 2, Newmarket, ON L3Y 8C6
Oshawa Office
oshawa@taxpartners.ca
(905) 448-2241
Oshawa Centre, 419 King St W Suite 215, ON L1J 2K5
Fax
(905) 853-3543