If you have been following CNBC or BNN over the past two – three years, you will notice there are a lot of discussions around Bitcoin, Cryptocurrencies, and blockchain technology. Cloud Tax Accountant has been working in this sector since the beginning as Bitcoin Accountants. It is amazing to see the growth in the block-chain community in Ontario and across Canada in the past 3 years. We recall a time when Bitcoin was trading at $300 not too long ago and recently the price has jumped to $83162.30 CAD.
We are the first blockchain accountants in Canada and have been working with a lot of different companies from the Co-founder of Ethereum, to bitcoin mining companies, investors, developers, and other blockchain start-up ventures.
Cloud Tax Accountant is now offering specialized services for the blockchain industry.
Cloud Tax Accountant started in the sector from the beginning and really saw an opportunity to help these companies with their accounting, tax, and business advisory requirements. At the time (i.e. 2013-2014), professionals did not really understand the blockchain sector, and it is only until recently big four firm’s started exploring the space and offering professional services around creating tax structures for ICOs (initial coin offerings), IDOs, NFTs, Crypto Exchanges.
We have worked with a lot of companies in the blockchain space and some clients include:
- Ethereum Canada
- Large mining operations (local and international)
- Investors that are looking to tax advisory around realizing gains
- SR&ED tax credits for development companies building platforms to help digitize financial services
- Cryptocurrency Wallet developers
- Trading platform companies
- Hedge Funds
If you are a blockchain company and are looking for professionals that has been in the space from the beginning contact us at [email protected] .