6 Corporate Year-End Tax Filing 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 year-end tax filing work, not a general example.
Case Study 1 · Missed incentive claimed
Incentive Review Recovered $92,000 Across 3 Open Years — Second-Generation Family Manufacturer, Brampton
Client: A second-generation family manufacturer · Where: Brampton, Ontario · Engagement: 3 weeks, fixed fee
Recovered$92,000
Open years claimed3
Ongoing trackingIn place
The situation
An incentive review at a second-generation family manufacturer in Brampton, Ontario started from a simple question: what has never been claimed? The answer ran to 3 years, driven by two corporations under common control filing as if each had its own $500,000 limit.
What we did
We modelled salary against dividends across both the corporation and the shareholder’s personal return, then set the remuneration mix for the year, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires.
The result
The credits produced $92,000 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.
Case Study 2 · Scaling without breaking
Second-Province Expansion Handled, $23,500 Of Cash Released — Incorporated Consultancy, Guelph
Revenue at an incorporated consultancy in Guelph, Ontario was up sharply and cash was tighter than ever. Underneath it sat two corporations under common control filing as if each had its own $500,000 limit.
What we did
We moved passive holdings into a separate structure so the operating company’s small business limit stopped grinding down. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after.
The result
$23,500 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.
Client: A technology CCPC approaching its first profitable year · Where: Hamilton, Ontario · Engagement: 3 weeks, fixed fee
Overpayment refunded$87,000
Late remittances sinceZero
ScheduleAutomated
The situation
Remittances at a technology CCPC approaching its first profitable year in Hamilton, Ontario were consistently late by a few days, which was enough to trigger penalties every quarter. Behind it sat a balance-due date the owner believed was the same as the filing date.
What we did
We mapped the association rules across the group, allocated the business limit deliberately on Schedule 23, and corrected the prior year by adjustment request, then moved the remittance dates into a scheduled process rather than a monthly decision.
The result
Penalties stopped from the following remittance onwards, and $87,000 of overpaid instalments was refunded.
Case Study 4 · Deadline rescue
$72,000 Late-Filing Penalty Cancelled On Relief Application — Import and Distribution Corporation, Red Deer
Client: An import and distribution corporation · Where: Red Deer, Alberta · Engagement: 3 weeks, fixed fee
Penalty cancelled$72,000
Relief applicationGranted
ReturnAccepted as filed
The situation
An import and distribution corporation in Red Deer, Alberta had already missed one deadline and was about to miss a second. Behind it sat passive investment income that had crossed the $50,000 grind threshold unnoticed, and a penalty of $72,000 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 instalment schedule off the current year rather than the prior year, ending the interest accrual.
The result
The outstanding return was accepted as filed, and the taxpayer relief application cancelled $72,000 of the penalty already assessed on the earlier year.
Case Study 5 · Structure rebuilt
Reorganisation Completed Tax-Deferred, $30,500 Saved Each Year — Holding Company and Its, Calgary
Client: A holding company and its operating subsidiary · Where: Calgary, Alberta · Engagement: 8 weeks, fixed fee
Annual saving$30,500
Tax on reorganisationDeferred
Elections filedOn time
The situation
A holding company and its operating subsidiary in Calgary, Alberta had outgrown the structure it started with. A small business limit quietly shared across three associated corporations nobody had mapped was the immediate problem; the longer-term one was that the structure blocked the next step.
What we did
We mapped the current structure, modelled the target, and modelled salary against dividends across both the corporation and the shareholder’s personal return, then set the remuneration mix for the year — with the tax-deferred elections filed on time and the supporting valuations documented.
The result
The reorganisation completed without triggering tax, and the new structure saves approximately $30,500 a year while removing the exposure the old one carried.
Case Study 6 · Sale and succession
Intergenerational Transfer Completed With $700,000 Deferred — Franchise Operator with Three, Saskatoon
Client: A franchise operator with three locations · Where: Saskatoon, Saskatchewan · Engagement: 5 weeks, fixed fee
Tax deferred$700,000
TransferCompleted
RecordsReview-ready
The situation
A generational transfer at a franchise operator with three locations in Saskatoon, Saskatchewan had been discussed for years without a plan. A shareholder loan balance that would have been picked up as income on closing meant the transfer as contemplated would have been fully taxable.
What we did
We moved passive holdings into a separate structure so the operating company’s small business limit stopped grinding down, sequencing the steps so each one was complete and documented before the next depended on it.
The result
$700,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
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.
