can those with more experience in the area of cross border business (canadian based company doing development work for US clients) please help answer some questions that i have?
SCENARIO: Canadian Web Development company dealing with US clients
- How does the client 1099 you for the work for tax purposes?
- How do you tax the client on the project or do you even tax the client on the project?
- Any details on payment collection?
- Do we pay US taxes as well as Canadian taxes on a project?
Any other items that are important?
Thanks a million!