Chartered Accountants and Cryptocurrency Specalists
Sometimes, people might buy cryptocurrency on behalf of another. A friend or family member may say, "Hey, here's $10,000. Can you get me some too?" At the time, it doesn't seem like a big deal. But come tax time, it…
Read More Hidden Complexities of Buying Cryptocurrency for Someone Else
Some clients have made record profits for the 2022 financial year (ending 31 March 2022). But, they have since had significant losses after the recent market downturn (in the 2023 financial year). The 2023 loss cannot be offset against the…
