Are you among the more than 1.5 million Canadians working as an unincorporated business? These expert tips will help you navigate this tax season and beyond.
If you’re earning income outside of what you do as an employee, you’re considered to be your own business in the eyes of Canada Revenue Agency (CRA). And no business is too small—whether you’re an occasional contractor, a freelance graphic designer or even a rideshare driver.
Canada has a relatively large group of individuals who operate unincorporated businesses. According to Statistics Canada, there were more than 1.5 million such Canadians in 2014, accounting for nine per cent of total employment… Click on the following link to read more: