How are NFTs Taxed?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact How are NFTs taxed? Hey Saim, are NFTs taxed similar to how crypto is taxed? NFTs are unlike other crypto since they could […]

How do I report crypto gains and losses on my tax return?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact How do I report cryptocurrency gains and losses on my tax return? Hey Saim! I know that crypto is taxed as a capital […]

What is the Best Cryptocurrency Accounting Software?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact What is the best cryptocurrency accounting software? Hey Saim! I’m looking for a good accounting software specifically for crypto. Any recommendations? Great question! […]

Is Cryptocurrency Categorized as Income?

Saim Akif CPA, CFA, CAMS, Realtor Cryptocurrency and Virtual Currency AccountingReal Estate and Construction Accounting Contact Saim Saim Akif, CPA, CFA, CAMS, Realtor Home About Saim Resources Crypto Q&A Akif CPA Contact Is Cryptocurrency Categorized as Income? This is my first year investing in crypto. Do I categorize it as regular income like from my […]

What is the difference between NR4 and form NR6?

The NR4 Return you file each year identifies the amount you remit to the CRA as withholding tax. But that’s for gross rent. If you want them to deduct from the net rental amount, you must file the form NR6. Calculate both the expected gross and net income for your property along with the expenses. Include […]