6 worked Lender Reporting case studies — the position a client typically comes to us with, what we do, and what it is worth. Each is an illustrative example built on the rules that apply to lender reporting work, not a specific client's file.
Case Study 1 · Structure rebuilt
Corporate Structure Rebuilt For $60,000 Of Annual Savings — Subscription Business, Moncton
Client: A subscription business tracking churn · Where: Moncton, New Brunswick · Engagement: 5 weeks, fixed fee
Saving per year$60,000
DocumentationComplete
Transfer basisRollover
The situation — A subscription business tracking churn, Moncton, New Brunswick
The structure at a subscription business tracking churn in Moncton, New Brunswick had been set up years earlier for a business that no longer existed, and pricing set by feel, with no visibility into margin by service line had become expensive.
What we did for A subscription business tracking churn, Moncton, New Brunswick
We rebuilt the reporting around gross margin by service line, which showed two of five offerings were losing money at the current price. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result — A subscription business tracking churn, Moncton, New Brunswick
$60,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 2 · Backlog brought current
Collections Halted And $116,000 Cut From A 4-Year Backlog — Acquiring Clinic Group, Calgary
Client: A clinic group acquiring a competitor · Where: Calgary, Alberta · Engagement: 9 weeks, fixed fee
Balance reduced by$116,000
Backlog cleared4 years
CollectionsHalted
The situation — A clinic group acquiring a competitor, Calgary, Alberta
By the time a clinic group acquiring a competitor in Calgary, Alberta called, 4 years were outstanding and the CRA had assessed on estimates. Underneath it sat a healthy bank balance made up almost entirely of deposits for work not yet performed.
What we did for A clinic group acquiring a competitor, Calgary, Alberta
We reconstructed the records year by year and set a quarterly tax provision, so the instalments and the year-end balance were funded before they came due. Each filing replaced an arbitrary assessment with a real one.
The result — A clinic group acquiring a competitor, Calgary, Alberta
The account is current. Filing on real numbers rather than CRA estimates reduced the balance by $116,000, and a relief application addressed part of the accumulated interest.
Case Study 3 · Sale and succession
Share Sale Restructured, $520,000 Less Tax On Closing — Succession-Planning Family Business, Hamilton
Client: A family business planning succession · Where: Hamilton, Ontario · Engagement: 9 weeks, fixed fee
Tax saved on closing$520,000
PriceAs agreed
Post-closing adjustmentsNone
The situation — A family business planning succession, Hamilton, Ontario
A family business planning succession in Hamilton, Ontario was preparing to sell. Due diligence surfaced a single shareholder holding every share, with no room to multiply the exemption, which would have reduced the price or killed the deal outright.
What we did for A family business planning succession, Hamilton, Ontario
We cleaned up the historical file, traced each borrowing to what it actually funded and kept the interest deduction on the portion used to earn business income, and prepared the due-diligence package the buyer's advisers actually asked for.
The result — A family business planning succession, Hamilton, Ontario
The deal closed at the agreed price. $520,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 4 · Missed incentive claimed
$67,000 Credit Claim Filed And Accepted Without Adjustment — Multi-Line Service Business, Brampton
Client: A business whose margin varies by service line · Where: Brampton, Ontario · Engagement: 6 weeks, fixed fee
Claim value$67,000
AcceptedWithout adjustment
RepeatableAnnually
The situation — A business whose margin varies by service line, Brampton, Ontario
A business whose margin varies by service line in Brampton, Ontario assumed the credits did not apply to a business its size. Revenue up 40% year over year and a bank balance that kept falling meant they had applied all along.
What we did for A business whose margin varies by service line, Brampton, Ontario
We identified the qualifying activity, built the documentation to support it, and produced a board-ready monthly package — cash, margin, pipeline and covenant headroom — that replaced a spreadsheet nobody trusted.
The result — A business whose margin varies by service line, Brampton, Ontario
$67,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
Case Study 5 · CRA review defended
$140,000 Reassessment Reduced To Nil On Review — First Finance Hire, Barrie
Client: A company hiring its first finance staff · Where: Barrie, Ontario · Engagement: 3 weeks, fixed fee
Reassessment reduced toNil
Tax protected$140,000
Prior filingsUndisturbed
The situation — A company hiring its first finance staff, Barrie, Ontario
A review notice arrived at a company hiring its first finance staff in Barrie, Ontario covering lender reporting for two tax years. The auditor's working position was an adjustment of $140,000, driven by an owner making hiring decisions on last quarter’s bank balance.
What we did for A company hiring its first finance staff, Barrie, Ontario
Rather than negotiate, we rebuilt the record. We modelled the covenant ratios monthly and restructured the debt before the next test date rather than after it and submitted a point-by-point response that answered each proposed adjustment with the document behind it.
The result — A company hiring its first finance staff, Barrie, Ontario
The auditor accepted the documented position and closed the review without adjustment, protecting $140,000 and leaving the prior filings undisturbed.
Case Study 6 · Scaling without breaking
Second-Province Expansion Handled, $155,000 Of Cash Released — Expanding Manufacturer, Vancouver
Client: A manufacturer planning a plant expansion · Where: Vancouver, British Columbia · Engagement: 11 weeks, fixed fee
Cash released$155,000
New registrationsComplete on day one
Compliance gapsNone
The situation — A manufacturer planning a plant expansion, Vancouver, British Columbia
Revenue at a manufacturer planning a plant expansion in Vancouver, British Columbia was up sharply and cash was tighter than ever. Underneath it sat a monthly report that stopped at the income statement, with no balance sheet and no cash view.
What we did for A manufacturer planning a plant expansion, Vancouver, British Columbia
We built a rolling thirteen-week cash-flow model, tightened collections, and renegotiated supplier terms so the growth stopped consuming the bank balance. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after.
The result — A manufacturer planning a plant expansion, Vancouver, British Columbia
$155,000 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.
Reviewed for the 2025 tax year by Udit Gupta, Founder and Tax Accountant. These case studies are illustrative worked examples composed from the CRA rules that apply to this type of work, not specific client files; figures are representative and outcomes depend on your own facts.
