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independent contractor work

luthice

Newbie
Jul 31, 2019
1
0
I am moving to Canada in a few months and I currently work as a scientist, and I would like to continue working as a consultant in Canada for a US based client. I need to know what is the best way to bill my client and receive money from them? Basically how would I do the payroll work? i.e. How do I setup the money receiving process?
Do I need to open a sole propertiership or a business instead?
Any benefits of either one or the other?
And finally how would I have to pay my taxes and are there deductions that I can use in this process.
I will greatly appreciate your help in this matter.
Thanks a lot
 

ranjangaur4

Hero Member
Dec 11, 2017
217
75
hm... same here.. Inc, started working 2 days ago and dont yet know how to do taxes for inc as well as personal taxes. If you have accountant, please share details