Tag: freelancer tax planning

  • Tax Advisory for Independent Contractors in Canada

    Tax Advisory for Independent Contractors in Canada

    Being an independent contractor in Canada offers flexibility and autonomy, but it also comes with unique tax considerations. Understanding the tax implications of your work is crucial for managing your finances effectively. Here’s a comprehensive tax advisory guide for independent contractors: 1. Business Structure: Sole Proprietorship or Incorporation Sole Proprietorship Simplicity: Easy to set up…