Each year, the CRA provides a list of commonly requested audit adjustments to an employer’s payroll as a result of wages and benefits not being correctly reported by the employer. The following is from a series of top ten CRA adjustments.
Top Ten CRA Adjustments
Number 4: Salary expenses
unreported salary and wages such as bonuses, commissions, cash payments, etc.
Increase your compliance knowledge by attending the CPA’s Learning Payroll II
professional development seminar for more information on bonus, commission and other cash payments.