Crypto Traders
Reconciliation of exchanges, wallets, and trades to calculate accurate crypto capital gains and losses.
Crypto Tax Services in Toronto
Specialized crypto tax services for Toronto based individuals, active traders, crypto businesses,
and blockchain startups. We provide crypto tax preparation, crypto bookkeeping, crypto advisory,
and crypto audit support with a strong focus on CRA compliance. Our team prepares detailed crypto
tax reports, supports CRA reviews and audits, assists with crypto off ramp reporting, and advises
on complex cross border matters including US Streamlined Procedures. With Tax Partners, your crypto
filings remain accurate, compliant, and audit ready.
Schedule A Free Initial Consultation
Crypto Taxation in Toronto
Toronto is one of Canada’s largest centers for cryptocurrency trading, blockchain development, and Web3 businesses. As crypto adoption continues to grow, Toronto residents and businesses face increased CRA scrutiny related to crypto transactions, wallet activity, and exchange reporting. Understanding crypto tax obligations is critical to avoid reassessments, penalties, and audits. Tax Partners provides specialized crypto tax services including accurate reporting, CRA audit support, and strategic advisory tailored specifically for Toronto based clients.
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Growing Crypto Adoption
Toronto leads Canada in crypto trading activity and blockchain startups.
CRA Reviews
The CRA is increasing audits and compliance reviews tied to crypto activity in Toronto.
Specialized Crypto Tax Experts
Work with professionals who focus exclusively on crypto tax.
Crypto Tax Compliance
Ensure compliance with CRA and international reporting requirements.
Tax Partners
Our Crypto Tax Services in Toronto
Tax Partners offers end to end crypto tax services for individuals and businesses in Toronto. Whether you need crypto tax filing, crypto bookkeeping, payroll support, or CRA audit defense, our team ensures your crypto activity is reported accurately and in line with CRA expectations.
- Crypto tax preparation and filing for Toronto residents
- Crypto capital gains and crypto business income reporting
- NFT and DeFi transaction tracking and classification
- Blockchain and crypto payroll services
- Cryptocurrency bookkeeping and recurring crypto tax reports
- Crypto audit support and CRA audit defense
- Crypto tax advisory for traders, founders, and businesses
- US Streamlined Procedure assistance for cross border crypto reporting
- Crypto off ramp reporting and compliance support
Schedule A Free Initial Consultation
Who We Support in Toronto
Tax Partners supports a wide range of crypto participants in Toronto, helping simplify crypto tax filing, prepare accurate crypto tax reports, and maintain full compliance with CRA requirements.
NFT Creators and Collectors
Detailed NFT accounting for mints, sales, royalties, and transfers.
Crypto Businesses
Crypto payroll, bookkeeping, and tax filing for businesses accepting cryptocurrency.
Crypto Investors and Founders
Proper reporting of crypto income, capital gains, and complex transactions.
Cities We Serve in Ontario
While this page focuses on Toronto, Tax Partners supports crypto investors, traders, and businesses across Ontario. Our crypto tax team works remotely with clients throughout the province, providing the same level of expert crypto tax preparation, CRA audit support, and advisory services regardless of location.
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Crypto Tax in
Ontario
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 Toronto
Toronto investors and founders choose Tax Partners because we focus exclusively on crypto tax compliance. We understand how the CRA evaluates crypto trading activity, DeFi transactions, NFT income, and business use cases. Our team combines deep crypto knowledge with practical CRA reporting experience so your filings are accurate, defensible, and audit ready from the start.
Schedule A Free Initial Consultation
Crypto Tax Reporting
Accurate reporting across all crypto platforms and transactions.
DeFi & NFT Tracking
Detailed handling of staking, NFTs, and decentralized finance activity.
Tax Filing with the CRA
Proper classification and filing aligned with CRA crypto tax guidance.
Audit Defense
Clear documentation and support for CRA crypto audits and reviews.
Tax Partners
Maximizing Crypto Tax
Schedule A Free Initial Consultation
Maximizing Crypto Tax
Efficiency in Toronto
Managing crypto taxes in Toronto requires careful planning and accurate reporting. Tax Partners helps individuals and businesses reduce compliance risk while staying fully aligned with CRA crypto tax regulations. Through proactive advisory, proper classification, and detailed reporting, we ensure your crypto activity remains efficient and audit ready.
Expert Crypto Tax Services
Specialized crypto tax support for Toronto based clients.
Comprehensive Tax Solutions
End to end crypto tax preparation and filing.
DeFi & NFT Expertise
Accurate tracking of advanced crypto activity.
CRA Audit Support
Proactive preparation for CRA reviews and audits.
Schedule A Free Initial 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. Read More
Steve Brown
Sam was quick and friendly. He was very good to deal with and I would highly recommend him. Read More
Kimberly Sallai
Neelam is really excellent. She's really fast in doing her taxes. Julia is a very good assistant too. (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 – Toronto
Yes. Cryptocurrency is taxable in Toronto under federal CRA rules. Activities such as buying,
selling, trading, staking, mining, earning rewards, or receiving crypto as income must be
reported.
Depending on usage, crypto may be taxed as capital gains or business income.
Yes. Even occasional crypto trades must be reported. Any disposal, including crypto to crypto
trades
or purchases made with crypto, can trigger a taxable event.
The CRA evaluates transaction frequency, volume, intent, and sophistication. Active trading or
operating
in a business like manner often results in business income classification.
Yes. Crypto to crypto trades are considered dispositions and must be reported even when no fiat
currency is involved.
Yes. A detailed crypto tax report is essential for accurate filing and audit readiness. The CRA
expects
clear transaction history, valuations, and classifications.
Yes. We provide full CRA crypto audit support including reconciliation, documentation, and
communication with the CRA.
NFT activity may be taxed as capital gains or business income depending on frequency and intent.
Minting,
selling, and royalties require detailed tracking.
Yes. DeFi transactions such as staking, yield farming, liquidity pools, and rewards can create
taxable events.
Yes. Businesses must report crypto revenue at fair market value, maintain accurate bookkeeping,
and include crypto income in tax filings.
You can book a free consultation with Tax Partners. Our specialists will review your crypto
activity and guide you through compliant crypto tax preparation.
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