Case Study 1
$25,500 Of Penalties And Interest Cancelled On Relief — Bakery and Cafe, Dawson Creek
A bakery and cafe in Dawson Creek, British Columbia was carrying $25,500 of penalties and interest from sector-specific exposure the previous accountant had not seen before. A relief application cancelled it.
An assessment of $25,500 landed at a bakery and cafe in Dawson Creek, British Columbia following a desk review. The auditor had not seen the records behind sector-specific exposure the previous accountant had not seen before. We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return, then set out the legislative basis for the position alongside the documents supporting it. $25,500 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.
Case Study 2
Holding Structure Added, $20,500 Saved Annually — Recreation Facility Operator, Dawson Creek
A recreation facility operator in Dawson Creek, British Columbia needed a holding structure to deal with a provincial payroll levy that had never been registered for or remitted. The reorganisation was tax-neutral and removed $20,500 of annual exposure.
A recreation facility operator in Dawson Creek, British Columbia was carrying a provincial payroll levy that had never been registered for or remitted, and every option for fixing it ran through a reorganisation that had to be done without triggering tax. Working with the client's lawyer, we assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return and prepared the elections, resolutions and valuations the structure needed to stand up. The structure now matches the business. Annual saving of $20,500, and the reorganisation itself was tax-neutral.
Case Study 3
Collections Halted And $91,000 Cut From A 7-Year Backlog — Custom Software Development Shop, Dawson Creek
Collections had begun against a custom software development shop in Dawson Creek, British Columbia over 7 years of unfiled returns. Bringing them current cut $91,000 from the balance.
By the time a custom software development shop in Dawson Creek, British Columbia called, 7 years were outstanding and the CRA had assessed on estimates. Underneath it sat input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. We reconstructed the records year by year and registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. 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 $91,000, and a relief application addressed part of the accumulated interest.
Case Study 4
Share Sale Restructured, $260,000 Less Tax On Closing — Catering Company, Dawson Creek
Due diligence at a catering company in Dawson Creek, British Columbia surfaced no valuation on file to support the price the parties had agreed. Restructuring the sale saved $260,000 against the original terms.
A catering company in Dawson Creek, British Columbia was preparing to sell. Due diligence surfaced no valuation on file to support the price the parties had agreed, 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. $260,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 5
Incentive Review Recovered $66,000 Across 4 Open Years — Esports Organisation, Dawson Creek
An incentive review at an esports organisation in Dawson Creek, British Columbia found British Columbia incentives claimed by competitors and never by this business and recovered $66,000 across 4 open years.
An incentive review at an esports organisation in Dawson Creek, British Columbia started from a simple question: what has never been claimed? The answer ran to 4 years, driven by British Columbia incentives claimed by competitors and never by this business. We separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $66,000 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 6
Audit Defence Closed In 7 Weeks, $47,000 Cleared — Condo Corporation Manager, Dawson Creek
A condo corporation manager in Dawson Creek, British Columbia was under review over sector-specific exposure the previous accountant had not seen before. The file closed in 7 weeks with $47,000 of proposed tax cleared.
A condo corporation manager in Dawson Creek, British Columbia was selected for review after sector-specific exposure the previous accountant had not seen before showed up in the CRA's automated matching. The proposed adjustment on its bc tax and accounting file came to $47,000. We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return. Every figure in the response traced to a source record the auditor could verify without asking a second question. The review closed with no change. $47,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.