6 Corporate Continuance 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 continuance work, not a general example.
Case Study 1 · Planning that cut the bill
$37,500 Cut From The Annual Tax Bill — Corporation Reviving After Administrative, Brampton
Client: A corporation reviving after administrative dissolution · Where: Brampton, Ontario · Engagement: 8 weeks, fixed fee
First-year saving$37,500
RepeatsAnnually
Filing positionUnchanged in risk
The situation
A corporation reviving after administrative dissolution in Brampton, Ontario was compliant but paying more than it needed to. The prior year had been filed correctly and still left a corporation dissolved administratively for missed annual returns while still operating on the table.
What we did
We modelled the current position against the alternatives before changing anything, then restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules.
The result
The change saved $37,500 in the first year and repeats annually. Nothing about the filings became more aggressive; the position is simply the one the rules already allowed.
Case Study 2 · Backlog brought current
7 Years Filed, $40,000 Removed From The Assessed Balance — E-Commerce Seller Incorporating Federally, Halifax
Client: An e-commerce seller incorporating federally · Where: Halifax, Nova Scotia · Engagement: 5 weeks, fixed fee
Years filed7
Assessed balance removed$40,000
CollectionsStopped
The situation
An e-commerce seller incorporating federally in Halifax, Nova Scotia had not filed for 7 years. The CRA had issued arbitrary assessments, and the business was carrying GST/HST collected for eight months before the RT account was ever opened on top of a growing interest balance.
What we did
We started with the oldest year and worked forward so each year's closing balances fed the next. 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, filing the years in sequence rather than all at once.
The result
Every year is now filed and assessed on actual figures. The notional assessments were vacated and $40,000 of the estimated balance came off, with a payment arrangement covering the rest.
Case Study 3 · Cash and remittance control
$81,000 Of Working Capital Freed From The Tax Cycle — Consultant Incorporating After Two, Ottawa
Client: A consultant incorporating after two years of self-employment · Where: Ottawa, Ontario · Engagement: 4 weeks, fixed fee
Working capital freed$81,000
On-time remittancesEvery period since
Forecast horizon13 weeks
The situation
A consultant incorporating after two years of self-employment in Ottawa, Ontario was profitable on paper and short of cash every month. A single class of common shares that made income splitting impossible explained most of the gap.
What we did
We revived the corporation, filed the outstanding annual returns, and set a compliance calendar covering both the corporate registry and the CRA and built a thirteen-week cash view so tax payments stopped competing with payroll for the same dollars.
The result
$81,000 was released back into working capital. Remittances have been on time every period since, and the forecast shows the tax outflow before it lands.
Case Study 4 · Sale and succession
Share Sale Restructured, $615,000 Less Tax On Closing — Professional Forming a Professional, Calgary
Client: A professional forming a professional corporation · Where: Calgary, Alberta · Engagement: 10 weeks, fixed fee
Tax saved on closing$615,000
PriceAs agreed
Post-closing adjustmentsNone
The situation
A professional forming a professional corporation in Calgary, Alberta was preparing to sell. Due diligence surfaced no valuation on file to support the price the parties had agreed, which would have reduced the price or killed the deal outright.
What we did
We cleaned up the historical file, reconstructed the minute book with resolutions for each historical dividend and share transaction, and prepared the due-diligence package the buyer's advisers actually asked for.
The result
The deal closed at the agreed price. $615,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 5 · Records and systems rebuilt
Month-End Close Cut From 8 Weeks To 5 Days — Partnership Converting to a, Kelowna
Client: A partnership converting to a corporation · Where: Kelowna, British Columbia · Engagement: 8 weeks, fixed fee
Close time before8 weeks
Close time after5 days
Year-endReview, not rebuild
The situation
The accounting file at a partnership converting to a corporation in Kelowna, British Columbia was built on a December 31 year-end chosen by default that put the balance due at the worst point in the cash cycle. The year-end had taken 8 weeks each of the last three years.
What we did
We restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules 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 5 days instead of 8 weeks, and the year-end is a review rather than a reconstruction.
Case Study 6 · Missed incentive claimed
$32,500 Credit Claim Filed And Accepted Without Adjustment — Family Business Adding a, Victoria
Client: A family business adding a second class of shares · Where: Victoria, British Columbia · Engagement: 6 weeks, fixed fee
Claim value$32,500
AcceptedWithout adjustment
RepeatableAnnually
The situation
A family business adding a second class of shares in Victoria, British Columbia assumed the credits did not apply to a business its size. GST/HST collected for eight months before the RT account was ever opened meant they had applied all along.
What we did
We identified the qualifying activity, built the documentation to support it, 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.
The result
$32,500 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
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.
