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What Every Freelancer and Sole Proprietor Should Know About Taxation in Canada

Whether you’re a sole proprietor of a business or a freelancer, there’s no denying that taxes need to be properly calculated.  Knowing the difference between being a sole proprietor and working as a freelancer can help you make informed decisions about filing your taxes. Difference Between Sole Proprietorship and Freelancing When it comes to self-employment,

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Tax Tips for Contract Workers

With the ease of telecommuting and remote work options, many people are choosing to offer their services on a contract or freelance basis. Unlike a regular job where your taxes are deducted on each paycheque by your employer, the responsibility is now on you to track your earnings and your taxes owing. Whether you are