Canadian working in US - W2 or C2C *** Best Approach ***

[harpreethwalia]

Hi All,
I am a Canadian Citizen currently live and work in Ontario. I have a remote contract work for a US employer.

The employer is willing to pay me as W2 or C2C but I am not sure which one is best for me from tax standpoint.

Does anyone have any advise for me? Main objective is to reduce taxes.

1) What are all taxes I have to pay say on C2C?
2) Should I open LLC, S Corp or any other entity for c2c?
3) Any other things to keep in mind?

 

[prseeker2017]

Hi All,
I am a Canadian Citizen currently live and work in Ontario. I have a remote contract work for a US employer.

The employer is willing to pay me as W2 or C2C but I am not sure which one is best for me from tax standpoint.

Does anyone have any advise for me? Main objective is to reduce taxes.

1) What are all taxes I have to pay say on C2C?
2) Should I open LLC, S Corp or any other entity for c2c?
3) Any other things to keep in mind?

Have you been successful in locating answers to the questions? I find myself in a similar situation.