These Can Result in Taxable Income, and PST and GST/HST Payable Do you trade goods or services which you would normally sell in the course of your business? Have you started using Bitcoin or other cryptocurrencies for transactions? Bitcoin and other virtual currencies are treated as financial instruments for GST/HST purposes, so no GST/HST is collected on a supply of the currencies. However, there can still be sales tax implications. If a transaction would have

Here at YS Accounting & Tax Services, Inc., we are taking necessary precautions to ensure we do not lose any productivity, even during these uncertain times of the current COVID-19 (Coronavirus) crisis. We have implemented several best practices to ensure our business stays operational and so that yours can remain effective. We now offer an electronic transfer of data and reports, along with a video or phone conferencing, which allows us to communicate with our

We are pleased to announce the launch of our brand new website! Our website has been redesigned to better reflect our services and brand in the greater Edmonton area. If you have any feedback or questions, please let us know here. Thank you!