Case Study 1
10 Months Reconciled And $12,000 Of Input Tax Recovered — Owner-Operator Trucking Corporation, Wetaskiwin
10 months of records at an owner-operator trucking corporation in Wetaskiwin, Alberta had never been reconciled, leaving a registration threshold crossed on out-of-province sales that nobody was tracking. Rebuilding recovered $12,000.
An owner-operator trucking corporation in Wetaskiwin, Alberta was carrying a registration threshold crossed on out-of-province sales that nobody was tracking. Nothing reconciled, and every filing started with 10 months of cleanup. We rebuilt from source rather than correcting on top of the existing file. We registered for the out-of-province obligations that had been triggered, then reconciled the GST filings to the sales ledger province by province, then set the routine that keeps it clean. 10 months reconciled to the bank. The close now takes 8 days, and $12,000 of previously unclaimable input tax was recovered in the process.
Case Study 2
Corporate Structure Rebuilt For $14,000 Of Annual Savings — Logging Contractor, Wetaskiwin
The structure at a logging contractor in Wetaskiwin, Alberta no longer fitted the business, and payroll obligations from another province applied to local staff by an out-of-province provider showed it. Rebuilding it saves $14,000 a year.
The structure at a logging contractor in Wetaskiwin, Alberta had been set up years earlier for a business that no longer existed, and payroll obligations from another province applied to local staff by an out-of-province provider had become expensive. We recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself. $14,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 3
Incentive Review Recovered $126,000 Across 5 Open Years — Fintech Startup, Wetaskiwin
An incentive review at a fintech startup in Wetaskiwin, Alberta found Alberta incentives claimed by competitors and never by this business and recovered $126,000 across 5 open years.
An incentive review at a fintech startup in Wetaskiwin, Alberta started from a simple question: what has never been claimed? The answer ran to 5 years, driven by Alberta incentives claimed by competitors and never by this business. We assessed and claimed Alberta Innovation Employment Grant alongside the federal return, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $126,000 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 4
Remuneration Review Saved $21,500 Across Corporate And Personal Returns — IT Managed-Services Provider, Wetaskiwin
A remuneration review at an IT managed-services provider in Wetaskiwin, Alberta found instalments still calculated on a year the business had long outgrown and saved $21,500 across the corporate and personal returns.
Nothing was wrong at an IT managed-services provider in Wetaskiwin, Alberta — the filings were on time and accurate. What they were not was planned. Instalments still calculated on a year the business had long outgrown had never been reviewed. We assessed and claimed Alberta Agri-Processing Investment Tax Credit alongside the federal return, and ran the numbers across both the corporate and personal returns so the saving was real rather than deferred into someone else's hands. $21,500 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 5
5-Week Turnaround Beat The Deadline And Saved $102,000 — Electrical Contractor, Wetaskiwin
A 5-week rebuild at an electrical contractor in Wetaskiwin, Alberta got the filing in with 8 days to spare, avoiding $102,000 in penalties.
With the deadline for its ab tax and accounting file weeks away, an electrical contractor in Wetaskiwin, Alberta was carrying sales into HST provinces billed at AB’s 5% GST rate. The exposure if the date slipped was around $102,000. We registered for the out-of-province obligations that had been triggered, then reconciled the GST filings to the sales ledger province by province. The filing went in complete rather than provisional, so there was no amended return to follow. Filed with 8 days to spare. $102,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 6
Collections Halted And $60,000 Cut From A 4-Year Backlog — Residential Framing Contractor, Wetaskiwin
Collections had begun against a residential framing contractor in Wetaskiwin, Alberta over 4 years of unfiled returns. Bringing them current cut $60,000 from the balance.
By the time a residential framing contractor in Wetaskiwin, Alberta called, 4 years were outstanding and the CRA had assessed on estimates. Underneath it sat a registration threshold crossed on out-of-province sales that nobody was tracking. We reconstructed the records year by year and recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year. Each filing replaced an arbitrary assessment with a real one. The account is current. Filing on real numbers rather than CRA estimates reduced the balance by $60,000, and a relief application addressed part of the accumulated interest.