BeanPros Brief:

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Welcome to the BeanPros Brief – your go-to source for all things business, accounting, cryptocurrency, and marketing. Here, we unravel the complexities of entrepreneurship with a sprinkle of wit and a wealth of expertise. Whether just trying to get your head around bookkeeping, perfecting your ledger, needing marketing ideas, or you're wanting to learn more about crypto, we've got the insights you need. Our mission is to empower business owners like you with knowledge that's as practical as it is insightful. Dive into our buzzing hive of resources, tips, and guidance, and turn your business puzzles into success stories with BeanPros.

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Preparing for Crypto Tax Season: A Guide for Canadian Users

Provides a checklist or guide for crypto users on how to prepare for tax season, including record-keeping practices, software tools for tracking transactions, and when to consult with a tax profession... ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

April 01, 20243 min read

Preparing for Crypto Tax Season: A Guide for Canadian Users

Tax Strategies for Cryptocurrency Investors: Maximizing Your Returns

Offers strategies for tax optimization, including harvesting losses, holding periods, and planning for long-term versus short-term gains. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

March 25, 20242 min read

Tax Strategies for Cryptocurrency Investors: Maximizing Your Returns

International Tax Considerations for Cryptocurrency Investors

Discusses how crypto taxes are handled across different countries and for individuals with tax obligations in multiple jurisdictions. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

March 18, 20243 min read

International Tax Considerations for Cryptocurrency Investors

CRA Crypto Enforcement Actions: Ensuring Compliance Among Canadian Investors

Review the measures tax authorities are taking to enforce compliance among crypto users, including audits and information requests. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

March 11, 20243 min read

CRA Crypto Enforcement Actions: Ensuring Compliance Among Canadian Investors

NFTs (Non-Fungible Tokens) and Taxes: Understanding Your Obligations

Examine the tax considerations for buying, selling, and creating NFTs, including how they're classified and potential capital gains taxes. NFT taxation Canada, Selling NFTs tax, Buying NFTs tax implic... ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

March 04, 20242 min read

NFTs (Non-Fungible Tokens) and Taxes: Understanding Your Obligations

DeFi (Decentralized Finance) and Tax Obligations: Navigating the Tax Landscape

elve into the complex world of DeFi, covering how lending, borrowing, yield farming, and earning interest in crypto are treated tax-wise. DeFi taxation Canada, Crypto lending tax, Yield farming tax im... ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

February 26, 20242 min read

DeFi (Decentralized Finance) and Tax Obligations: Navigating the Tax Landscape

Cryptocurrency Trading and Taxation

Analyze how different types of trading activities (e.g., spot trading, futures trading) are taxed, and the implications of wash sales rules on crypto. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

February 19, 20242 min read

Cryptocurrency Trading and Taxation

Tax Implications of Mining Cryptocurrency

Explore the tax considerations for individuals and businesses involved in mining, including expenses, income recognition, and potential deductions. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

February 12, 20242 min read

Tax Implications of Mining Cryptocurrency

How to Report Cryptocurrency on Your Taxes

Detailed guidance on the documentation and reporting process for crypto transactions, including which tax forms to use. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

February 06, 20242 min read

How to Report Cryptocurrency on Your Taxes

Introduction to Cryptocurrency and Taxes: A Guide for Canadians

Start with the basics of how cryptocurrencies are treated for tax purposes in various jurisdictions, including the distinction between capital gains and income. ...more

Bookkeeping ,Accounting Cryptocurrency &Taxation

January 30, 20242 min read

Introduction to Cryptocurrency and Taxes: A Guide for Canadians

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