6 Corporate Tax Debt Resolution 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 tax debt resolution work, not a general example.
Case Study 1 · Structure rebuilt
Corporate Structure Rebuilt For $33,500 Of Annual Savings — Taxpayer with Eight Years, Burnaby
Client: A taxpayer with eight years of unfiled returns · Where: Burnaby, British Columbia · Engagement: 8 weeks, fixed fee
Saving per year$33,500
DocumentationComplete
Transfer basisRollover
The situation
The structure at a taxpayer with eight years of unfiled returns in Burnaby, British Columbia had been set up years earlier for a business that no longer existed, and a director liability assessment for a corporation that had already stopped operating had become expensive.
What we did
We traced each unexplained deposit to its source — loans, transfers between accounts, an insurance settlement — and reduced the net-worth assessment accordingly. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result
$33,500 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 2 · Scaling without breaking
Growth Handled Without A Missed Filing, $88,000 Freed — Importer Under a Customs, Red Deer
Client: An importer under a customs and GST audit · Where: Red Deer, Alberta · Engagement: 7 weeks, fixed fee
Cash freed$88,000
Compliance failuresNone
ReportingMonthly
The situation
An importer under a customs and GST audit in Red Deer, Alberta was opening in a second province — different filing obligations, a different payroll regime, and six years of unfiled corporate and personal returns and an active collections file already in the file.
What we did
We filed the disclosure through the Voluntary Disclosures Program before contact, which removed the gross-negligence penalty entirely 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. $88,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 3 · Objection and relief
Desk-Review Assessment Of $87,000 Vacated — Company Facing a Payroll, Barrie
Client: A company facing a payroll trust examination · Where: Barrie, Ontario · Engagement: 4 weeks, fixed fee
Assessment vacated$87,000
Supporting recordsNow on file
AccountCleared
The situation
A company facing a payroll trust examination in Barrie, Ontario was carrying $87,000 of penalties and interest arising from an objection deadline that had passed with no extension applied for, much of it accumulated during a period the CRA itself had delayed.
What we did
We assembled the contemporaneous records, filed a structured response to each proposed adjustment with the supporting documents indexed, and had the proposal withdrawn and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship.
The result
The assessment was vacated. $87,000 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 4 · CRA review defended
Audit Defence Closed In 7 Weeks, $109,000 Cleared — Corporation Under a GST/HST, Toronto
Client: A corporation under a GST/HST review · Where: Toronto, Ontario · Engagement: 7 weeks, fixed fee
Proposed tax cleared$109,000
Review duration7 weeks
OutcomeNo change
The situation
A corporation under a GST/HST review in Toronto, Ontario was selected for review after a net-worth assessment built on unexplained deposits that were actually loan proceeds showed up in the CRA's automated matching. The proposed adjustment on corporate tax debt resolution came to $109,000.
What we did
We brought every outstanding return current, then negotiated a payment arrangement that stopped the collections action. 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. $109,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.
Case Study 5 · Deadline rescue
5-Week Turnaround Beat The Deadline And Saved $73,000 — Restaurant Under a Net-Worth, Edmonton
Client: A restaurant under a net-worth audit · Where: Edmonton, Alberta · Engagement: 5 weeks, fixed fee
Late-filing penalty avoided$73,000
Filed with22 days to spare
Next yearPapers ready
The situation
With the deadline for corporate tax debt resolution weeks away, a restaurant under a net-worth audit in Edmonton, Alberta was carrying a proposal letter with a 30-day response window and no supporting records assembled. The exposure if the date slipped was around $73,000.
What we did
We traced each unexplained deposit to its source — loans, transfers between accounts, an insurance settlement — and reduced the net-worth assessment accordingly. The filing went in complete rather than provisional, so there was no amended return to follow.
The result
Filed with 22 days to spare. $73,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 6 · Missed incentive claimed
Incentive Review Recovered $73,000 Across 6 Open Years — Taxpayer with Frozen Bank, Surrey
Client: A taxpayer with frozen bank accounts · Where: Surrey, British Columbia · Engagement: 6 weeks, fixed fee
Recovered$73,000
Open years claimed6
Ongoing trackingIn place
The situation
An incentive review at a taxpayer with frozen bank accounts in Surrey, British Columbia started from a simple question: what has never been claimed? The answer ran to 6 years, driven by a net-worth assessment built on unexplained deposits that were actually loan proceeds.
What we did
We filed the disclosure through the Voluntary Disclosures Program before contact, which removed the gross-negligence penalty entirely, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires.
The result
The credits produced $73,000 across the open years, and the tracking now in place means the following year's claim is documented as the work happens rather than reconstructed afterwards.
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.
