💡 Driving financial clarity in blockchain 🌐 Global leaders in crypto accounting & financial strategy 💼 Comprehensive CFO support for Web3 companies
Toronto, Ontario
Joined September 2024
- Tweets308
- Following1K
- Followers5.8K
- Likes68
Pinned Tweet
Join our company’s Telegram group to learn more about crypto accounting and taxes - in Canada and abroad.
t.me/block3finance
When the vision is clear, the results follow 🙌
#Block3Finance
Most Canadian crypto holders think taxes only apply when they cash out to Canadian dollars. CRA doesn't see it that way.
Our CEO Mahad Mohamed sat down with Florent Thévenin, founder of @BlockchaiNorth to break down how CRA actually tracks your crypto, what triggers an audit, and the classification mistakes that compound into years of penalties.
If you've been filing casually or haven't reported your crypto at all, watch this before tax season.
Book a FREE 30-min consultation tailored to your crypto activity at block3finance.com
Our CEO Mahad Mohamed sat down with @BitcoinNews to answer the crypto tax questions most people ask too late.
440,000 CRA audit letters.
12.2% vs. 53% tax rates.
CARF 2027.
7-year free audit defense.
This is the conversation every crypto holder needs to watch.
🎥 Full interview below 👇
Here's what Mahad covered:
→ Every swap is a taxable event, even without touching fiat
→ How CRA decides if you're an investor or day trader
→ Why Koinly and tax software get it wrong
→ The $50,000 incorporation threshold
→ Section 85 rollover explained
→ How to claim losses from hacks and rug pulls
→ Why Polymarket winnings are taxable but lottery winnings are not
→ CARF 2027: global data sharing is coming
Free 30-minute consultation for anyone who watches.
Our CEO Mahad Mohamed was featured in @BitcoinNews where he discussed several pertinent topics, including regulatory issues, tax audits, tax strategies, and wealth accumulation.
Checkout the YouTube video below:
youtube.com/watch?v=R1fEliII…
Block3 Finance | Crypto Accounting & Tax Firm retweeted
25-Year Tax Veteran Answers the Crypto Tax Questions People Ask Too Late @Block3Finance
A $2.3 million crypto scam just happened.
The CRA doesn’t automatically treat it as a loss.
You need proof, timing, and clear documentation.
A scam doesn’t erase your history.
The CRA can still ask about past activity.
Book a free consultation: block3finance.com
An accountant files forms.
A crypto accountant protects you.
Crypto trades, staking, and wallet transfers need proper tracking.
Book a free consultation: block3finance.com
Zero cost basis usually means missing history.
When the system sees nothing, it assumes zero.
That is how tax bills explode.
Memory does not count.
Records do.
Book a free consultation: block3finance.com
Imagine Drake explaining his crypto trades with no records.
No records means assumed income.
Missing cost basis means zero.
That is how clean wallets become tax problems.
Book a free consultation: block3finance.com
Crypto feels messy when the system is messy.
One clean setup.
Clear labels.
Readable reports.
That is how you remove the stress.
Book a free consultation: block3finance.com
Crypto mistakes can cost you big time.
Transfers, gas fees, missing records - they all add up.
Don’t let confusion destroy your profits.
Book a free consultation: block3finance.com
Zero gains.
Still got a tax bill.
Wallet transfers were treated as sales.
Confusion is expensive.
Book a free consultation: block3finance.com
Clarity is the secret to crypto success.
When your records are clean, decisions are easy and fast.
No more hesitation.
Just repeatable wins.
Book a free consultation: block3finance.com
A 100 dollar trader hopes it makes sense later.
A 10M founder tracks everything now.
The difference is not money.
It is clarity.
Book a free consultation: block3finance.com
New tech will not fix a messy system.
Tools speed up chaos if the process is broken.
Book a call at: block3finance.com
A two million dollar audit taught me this.
Pressure exposes habits.
Numbers expose leaders.
Real leadership is staying present when it gets uncomfortable.
What lesson did you learn the hard way?
The IRS is not saying you made 500k.
They are saying you moved 500k.
Missing cost basis makes the system assume the worst.
That is why the number looks insane.
This is solvable with clean records.
Book a free consultation: block3finance.com
A Canadian woman lost six figures in crypto.
The CRA denied her loss.
Court changed everything.
Not the exchange.
Her behavior.
Structure tells the story.
Book a free consultation: block3finance.com
“I will fix it later”
That phrase costs more in crypto than bad trades.
Crypto does not wait.
Book a free consultation: block3finance.com