6 Toronto tax and accounting engagements in full — what the client came to us with, what we did, and what it was worth. Each one is specific to Toronto and its provincial tax regime, not a general example.
Case Study 1 · Missed incentive claimed
$52,000 In Credits Claimed That Prior Filings Had Missed — Fintech Startup, Toronto
A fintech startup in Toronto, Ontario had been filing for 5 years without ever claiming the incentives its activity qualified for. Behind that sat Ontario incentives claimed by competitors and never by this business.
What we did
We tested each activity against the eligibility criteria rather than the description on the invoice, then recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year.
The result
$52,000 in credits claimed, with the open prior years adjusted as well. The claim passed review without adjustment.
Case Study 2 · Deadline rescue
$97,000 Late-Filing Penalty Cancelled On Relief Application — Two-Dentist Practice, Toronto
Client: A two-dentist practice · Where: Toronto, Ontario · Engagement: 9 weeks, fixed fee
Penalty cancelled$97,000
Relief applicationGranted
ReturnAccepted as filed
The situation
A two-dentist practice in Toronto, Ontario had already missed one deadline and was about to miss a second. Behind it sat instalments still calculated on a year the business had long outgrown, and a penalty of $97,000 was accruing.
What we did
We split the work into what had to happen before the deadline and what could follow it, then rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns.
The result
The outstanding return was accepted as filed, and the taxpayer relief application cancelled $97,000 of the penalty already assessed on the earlier year.
Case Study 3 · CRA review defended
Audit Defence Closed In 6 Weeks, $41,000 Cleared — Physiotherapy Group, Toronto
Client: A physiotherapy group · Where: Toronto, Ontario · Engagement: 6 weeks, fixed fee
Proposed tax cleared$41,000
Review duration6 weeks
OutcomeNo change
The situation
A physiotherapy group in Toronto, Ontario was selected for review after sector-specific exposure the previous accountant had not seen before showed up in the CRA's automated matching. The proposed adjustment on its on tax and accounting file came to $41,000.
What we did
We assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return. Every figure in the response traced to a source record the auditor could verify without asking a second question.
The result
The review closed with no change. $41,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.
Case Study 4 · Objection and relief
$37,500 Of Penalties And Interest Cancelled On Relief — Veterinary Hospital, Toronto
An assessment of $37,500 landed at a veterinary hospital in Toronto, Ontario following a desk review. The auditor had not seen the records behind a provincial payroll levy that had never been registered for or remitted.
What we did
We assessed and claimed Ontario Innovation Tax Credit alongside the federal return, then set out the legislative basis for the position alongside the documents supporting it.
The result
$37,500 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.
Case Study 5 · Scaling without breaking
Growth Handled Without A Missed Filing, $86,000 Freed — Chiropractic Clinic, Toronto
A chiropractic clinic in Toronto, Ontario was opening in a second province — different filing obligations, a different payroll regime, and out-of-province sales billed at the ON rate instead of the customer’s already in the file.
What we did
We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty and put monthly reporting in place so the owner could see the cash effect of growth while there was still time to act on it.
The result
Growth was absorbed without a compliance failure. $86,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 6 · Structure rebuilt
Holding Structure Added, $45,000 Saved Annually — Medical Imaging Clinic, Toronto
Client: A medical imaging clinic · Where: Toronto, Ontario · Engagement: 10 weeks, fixed fee
Annual saving$45,000
ReorganisationTax-neutral
StructureMatches operations
The situation
A medical imaging clinic in Toronto, Ontario was carrying 13% HST charged on every sale regardless of where the customer was located, and every option for fixing it ran through a reorganisation that had to be done without triggering tax.
What we did
Working with the client's lawyer, we recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year and prepared the elections, resolutions and valuations the structure needed to stand up.
The result
The structure now matches the business. Annual saving of $45,000, and the reorganisation itself was tax-neutral.
Reviewed for the 2025 tax year by Udit Gupta, Certified Tax Accountant. Figures describe representative engagements of this type; outcomes depend on your own facts. Client names and identifying details are omitted for confidentiality.
