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 7: Reclassification of employment status – Individuals are operating as self-employed contractors, when they should be treated as employees or vice versa.
Increase your compliance knowledge by reading the CPA’s Employee or Self-Employed Worker Guidelines.