6 Corporate Address Service 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 corporate address service work, not a general example.
Case Study 1 · Sale and succession
Intergenerational Transfer Completed With $750,000 Deferred — E-Commerce Seller Incorporating Federally, Barrie
A generational transfer at an e-commerce seller incorporating federally in Barrie, Ontario had been discussed for years without a plan. No valuation on file to support the price the parties had agreed meant the transfer as contemplated would have been fully taxable.
What we did
We reconstructed the minute book with resolutions for each historical dividend and share transaction, sequencing the steps so each one was complete and documented before the next depended on it.
The result
$750,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
Case Study 2 · Backlog brought current
Collections Halted And $54,000 Cut From A 5-Year Backlog — Consultant Incorporating After Two, Calgary
Client: A consultant incorporating after two years of self-employment · Where: Calgary, Alberta · Engagement: 4 weeks, fixed fee
Balance reduced by$54,000
Backlog cleared5 years
CollectionsHalted
The situation
By the time a consultant incorporating after two years of self-employment in Calgary, Alberta called, 5 years were outstanding and the CRA had assessed on estimates. Underneath it sat a single class of common shares that made income splitting impossible.
What we did
We reconstructed the records year by year and selected a year-end that put the balance-due date after the seasonal cash peak, then registered every program account the business actually needed. Each filing replaced an arbitrary assessment with a real one.
The result
The account is current. Filing on real numbers rather than CRA estimates reduced the balance by $54,000, and a relief application addressed part of the accumulated interest.
Case Study 3 · Structure rebuilt
Holding Structure Added, $29,500 Saved Annually — Family Business Adding a, Winnipeg
Client: A family business adding a second class of shares · Where: Winnipeg, Manitoba · Engagement: 4 weeks, fixed fee
Annual saving$29,500
ReorganisationTax-neutral
StructureMatches operations
The situation
A family business adding a second class of shares in Winnipeg, Manitoba was carrying a December 31 year-end chosen by default that put the balance due at the worst point in the cash cycle, 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 revived the corporation, filed the outstanding annual returns, and set a compliance calendar covering both the corporate registry and the CRA and prepared the elections, resolutions and valuations the structure needed to stand up.
The result
The structure now matches the business. Annual saving of $29,500, and the reorganisation itself was tax-neutral.
Case Study 4 · Objection and relief
Desk-Review Assessment Of $119,000 Vacated — Founder Setting Up a, London
Client: A founder setting up a holding structure · Where: London, Ontario · Engagement: 9 weeks, fixed fee
Assessment vacated$119,000
Supporting recordsNow on file
AccountCleared
The situation
A founder setting up a holding structure in London, Ontario was carrying $119,000 of penalties and interest arising from GST/HST collected for eight months before the RT account was ever opened, much of it accumulated during a period the CRA itself had delayed.
What we did
We restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship.
The result
The assessment was vacated. $119,000 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 5 · Deadline rescue
5-Week Turnaround Beat The Deadline And Saved $124,000 — Contractor Incorporating for Liability, Red Deer
Client: A contractor incorporating for liability reasons · Where: Red Deer, Alberta · Engagement: 5 weeks, fixed fee
Late-filing penalty avoided$124,000
Filed with6 days to spare
Next yearPapers ready
The situation
With the deadline for corporate address service weeks away, a contractor incorporating for liability reasons in Red Deer, Alberta was carrying dividends paid for three years with no directors’ resolutions behind them. The exposure if the date slipped was around $124,000.
What we did
We reconstructed the minute book with resolutions for each historical dividend and share transaction. The filing went in complete rather than provisional, so there was no amended return to follow.
The result
Filed with 6 days to spare. $124,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 6 · Records and systems rebuilt
Month-End Close Cut From 10 Weeks To 7 Days — Professional Forming a Professional, Kelowna
Client: A professional forming a professional corporation · Where: Kelowna, British Columbia · Engagement: 3 weeks, fixed fee
Close time before10 weeks
Close time after7 days
Year-endReview, not rebuild
The situation
The accounting file at a professional forming a professional corporation in Kelowna, British Columbia was built on a corporation dissolved administratively for missed annual returns while still operating. The year-end had taken 10 weeks each of the last three years.
What we did
We selected a year-end that put the balance-due date after the seasonal cash peak, then registered every program account the business actually needed and moved the reconciliations into the monthly cycle, so the year-end stopped being a rebuild.
The result
The file reconciles. Month-end closes in 7 days instead of 10 weeks, and the year-end is a review rather than a reconstruction.
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.
