Self-employment has some exciting benefits, including a flexible schedule and the freedom to select your projects. It also comes with big responsibilities, especially at tax time.
When you’re self-employed, the burden of reporting, filing, and paying taxes falls entirely to you. If you want to streamline the process, it’s a good idea to get familiar with the Canada Revenue Agency's (CRA) required self-employment tax forms. With that understanding, you can organize your finances, keep great records, and make tax filing a breeze.
These topics will help you understand more about self-employed taxes and it’s role in small business management: