6 Quebec Incorporation 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 quebec incorporation work, not a general example.
Case Study 1 · Cash and remittance control
Instalments Rebased, $100,000 Of Cash Returned To The Business — Professional Forming a Professional, London
Client: A professional forming a professional corporation · Where: London, Ontario · Engagement: 4 weeks, fixed fee
Cash returned$100,000
Instalment basisCurrent year
ReviewedQuarterly
The situation
A professional forming a professional corporation in London, Ontario was paying instalments calculated on a prior year that no longer reflected the business. A December 31 year-end chosen by default that put the balance due at the worst point in the cash cycle was tying up $100,000 of cash.
What we did
We rebased the instalments on the current-year estimate rather than the prior-year default, 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
$100,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 2 · Missed incentive claimed
Incentive Review Recovered $142,000 Across 6 Open Years — E-Commerce Seller Incorporating Federally, Mississauga
An incentive review at an e-commerce seller incorporating federally in Mississauga, Ontario started from a simple question: what has never been claimed? The answer ran to 6 years, driven by dividends paid for three years with no directors’ resolutions behind them.
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, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires.
The result
The credits produced $142,000 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 3 · Objection and relief
Notice Of Objection Allowed In Full, $104,000 Reversed — Trades Business Incorporating Provincially, Moncton
Client: A trades business incorporating provincially · Where: Moncton, New Brunswick · Engagement: 11 weeks, fixed fee
Amount reversed$104,000
ObjectionAllowed in full
Account balanceNil
The situation
A trades business incorporating provincially in Moncton, New Brunswick had been reassessed for $104,000 and had 15 days left on the objection deadline. The reassessment rested on a corporation dissolved administratively for missed annual returns while still operating.
What we did
We filed the objection inside the deadline with a complete submission rather than a placeholder, and restructured the share capital so dividends could be directed deliberately, respecting the TOSI rules.
The result
The appeals officer allowed the objection in full. $104,000 was reversed and the account returned to a nil balance.
Case Study 4 · Planning that cut the bill
Remuneration Review Saved $41,000 Across Corporate And Personal Returns — Founder Setting Up a, Burnaby
Client: A founder setting up a holding structure · Where: Burnaby, British Columbia · Engagement: 8 weeks, fixed fee
Combined saving$41,000
ScopeCorporate + personal
Future yearsNo rework needed
The situation
Nothing was wrong at a founder setting up a holding structure in Burnaby, British Columbia — the filings were on time and accurate. What they were not was planned. Dividends paid for three years with no directors’ resolutions behind them had never been reviewed.
What we did
We reconstructed the minute book with resolutions for each historical dividend and share transaction, and ran the numbers across both the corporate and personal returns so the saving was real rather than deferred into someone else's hands.
The result
$41,000 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 5 · Sale and succession
$285,000 Sheltered By The Lifetime Capital Gains Exemption — Partnership Converting to a, Edmonton
Client: A partnership converting to a corporation · Where: Edmonton, Alberta · Engagement: 8 weeks, fixed fee
Gain sheltered$285,000
ClosingOn schedule
Share qualificationMet
The situation
A partnership converting to a corporation in Edmonton, Alberta had an offer on the table and 13 months to close. The shares did not qualify for the capital gains exemption, and retained cash well above what the business needed to operate was part of the reason.
What we did
We purified the corporation so the shares met the qualifying tests, then selected a year-end that put the balance-due date after the seasonal cash peak, then registered every program account the business actually needed well ahead of the closing date.
The result
The sale closed on schedule with $285,000 sheltered by the lifetime capital gains exemption across the shareholders.
Case Study 6 · Deadline rescue
Filed On Time From A Standing Start, $51,000 Penalty Avoided — Consultant Incorporating After Two, Barrie
Client: A consultant incorporating after two years of self-employment · Where: Barrie, Ontario · Engagement: 10 weeks, fixed fee
Penalty avoided$51,000
Turnaround10 weeks
FiledOn time
The situation
A consultant incorporating after two years of self-employment in Barrie, Ontario came to us 10 weeks before its filing deadline with a December 31 year-end chosen by default that put the balance due at the worst point in the cash cycle. A late filing would have triggered a penalty of roughly $51,000 before interest.
What we did
We worked backwards from the deadline. We revived the corporation, filed the outstanding annual returns, and set a compliance calendar covering both the corporate registry and the CRA, prioritising the items that actually gated the filing and deferring everything that did not.
The result
The return was filed on time and complete. The $51,000 penalty never arose, and the compliance calendar we set means the next deadline is scheduled rather than discovered.
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.
