New job, can work as temp employee or contractor, which better?
can I get your opinion. I got a job offer, with option to work as per hour temp employee or hired as incorporated contractor. They will pay $5/hr more if I incorporate.
But, as employee I get 4% vacation pay, stat holiday pay, and eligible for overtime at time and a half.
None of those if incorporated. But would get more tax deductions.
Wat do you think is better deal?
Are there enough tax deductions to offset the other perks not being included?
What all can I write off as business expense?
Your thoughts on this would be really helpful and very appreciated!
My Karma ran over your Dogma