Case Study 1
Share Sale Restructured, $560,000 Less Tax On Closing — Recreation Facility Operator, Coquitlam
Due diligence at a recreation facility operator in Coquitlam, British Columbia surfaced retained cash well above what the business needed to operate. Restructuring the sale saved $560,000 against the original terms.
A recreation facility operator in Coquitlam, British Columbia was preparing to sell. Due diligence surfaced retained cash well above what the business needed to operate, which would have reduced the price or killed the deal outright. We cleaned up the historical file, recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year, and prepared the due-diligence package the buyer's advisers actually asked for. The deal closed at the agreed price. $560,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 2
Books Rebuilt From Source, $13,000 In Unclaimed Input Tax Found — Craft Brewery with a, Coquitlam
The ledger at a craft brewery with a taproom in Coquitlam, British Columbia could not support its own filings because of instalments still calculated on a year the business had long outgrown. Rebuilding it surfaced $13,000 in unclaimed input tax.
A craft brewery with a taproom in Coquitlam, British Columbia could not answer basic questions about its own numbers, because instalments still calculated on a year the business had long outgrown sat between the bank statements and the ledger. We separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns, then documented the process so the work does not depend on any one person remembering how it was done. Records rebuilt and reconciled, $13,000 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.
Case Study 3
Incentive Review Recovered $65,000 Across 6 Open Years — Land Development Company, Coquitlam
An incentive review at a land development company in Coquitlam, British Columbia found BC Small Business Venture Capital Tax Credit eligibility that had never been assessed and recovered $65,000 across 6 open years.
An incentive review at a land development company in Coquitlam, British Columbia started from a simple question: what has never been claimed? The answer ran to 6 years, driven by BC Small Business Venture Capital Tax Credit eligibility that had never been assessed. We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $65,000 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
$40,000 Late-Filing Penalty Cancelled On Relief Application — Bar and Live-Music Venue, Coquitlam
A bar and live-music venue in Coquitlam, British Columbia had already been penalised over a provincial payroll levy that had never been registered for or remitted. A relief application cancelled $40,000 of that penalty.
A bar and live-music venue in Coquitlam, British Columbia had already missed one deadline and was about to miss a second. Behind it sat a provincial payroll levy that had never been registered for or remitted, and a penalty of $40,000 was accruing. We split the work into what had to happen before the deadline and what could follow it, then assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return. The outstanding return was accepted as filed, and the taxpayer relief application cancelled $40,000 of the penalty already assessed on the earlier year.
Case Study 5
$15,000 Proposed Adjustment Withdrawn In Full — Custom Software Development Shop, Coquitlam
A custom software development shop in Coquitlam, British Columbia faced a $15,000 proposed reassessment after input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. We rebuilt the documentation and the adjustment was withdrawn in full.
A custom software development shop in Coquitlam, British Columbia received a proposal letter opening a review of its bc tax and accounting file. The CRA had identified input tax credits claimed against BC provincial tax, which is not recoverable the way GST is and proposed an adjustment of $15,000, with 30 days to respond. We treated the response as an evidence exercise rather than an argument. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty, then indexed every supporting document against the specific line the auditor had questioned. The proposed adjustment was withdrawn in full — all $15,000 of it. The file closed in 11 weeks with no change to the assessed amounts and no penalty.
Case Study 6
$115,000 Of Penalties And Interest Cancelled On Relief — Music School, Coquitlam
A music school in Coquitlam, British Columbia was carrying $115,000 of penalties and interest from provincial sales tax collected but never remitted on the separate BC return. A relief application cancelled it.
An assessment of $115,000 landed at a music school in Coquitlam, British Columbia following a desk review. The auditor had not seen the records behind provincial sales tax collected but never remitted on the separate BC return. We recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year, then set out the legislative basis for the position alongside the documents supporting it. $115,000 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.