Question: Canadian Contracting Remotely for US Company
Since FSU is a virtual fountain of knowledge on, well, everything, perhaps someone can point me in the right direction on this...
I'm a Canadian, living in Canada, and am going to be doing some contract work for a US-based company (working from home). We (the company and I) are trying to figure out exactly what paperwork procedures we need to go through for tax purposes and paying my wage. Their other Canadian employees (a couple, not sure if they are FT or contractors) are paid and get their tax slips (1099?) through the business they own. I'm thinking I will need to register a small business either as a sole proprietor or corporation to make this happen, but does anyone have any other relevant info/advice/experience? My next step will likely be to ask the CRA questions, but I thought I'd check here first on a whim.
Thanks in advance!