Case Study 1
Desk-Review Assessment Of $87,000 Vacated — Film Production Services Company, Prince George
A desk review assessed a film production services company in Prince George, British Columbia $87,000 over sector-specific exposure the previous accountant had not seen before. Producing the records vacated it.
A film production services company in Prince George, British Columbia was carrying $87,000 of penalties and interest arising from sector-specific exposure the previous accountant had not seen before, much of it accumulated during a period the CRA itself had delayed. We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship. The assessment was vacated. $87,000 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 2
Holding Structure Added, $41,000 Saved Annually — E-Learning Platform, Prince George
An e-learning platform in Prince George, British Columbia needed a holding structure to deal with provincial sales tax collected but never remitted on the separate BC return. The reorganisation was tax-neutral and removed $41,000 of annual exposure.
An e-learning platform in Prince George, British Columbia was carrying provincial sales tax collected but never remitted on the separate BC return, 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 recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year and prepared the elections, resolutions and valuations the structure needed to stand up. The structure now matches the business. Annual saving of $41,000, and the reorganisation itself was tax-neutral.
Case Study 3
$134,000 Of Arbitrary Assessments Vacated After 6 Years — Gallery and Art Dealer, Prince George
The CRA had assessed a gallery and art dealer in Prince George, British Columbia on estimates across 6 unfiled years. Real filings vacated $134,000 of that tax.
6 years of unfiled returns had turned into notional assessments at a gallery and art dealer in Prince George, British Columbia, with a provincial payroll levy that had never been registered for or remitted underneath. Collections had already started. We assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return, then filed every outstanding year in chronological order so the CRA could vacate the notional assessments cleanly. All 6 years were accepted as filed. $134,000 of arbitrarily assessed tax was vacated, collections action stopped, and the account is current for the first time in 6 years.
Case Study 4
Share Sale Restructured, $760,000 Less Tax On Closing — Fintech Startup, Prince George
Due diligence at a fintech startup in Prince George, British Columbia surfaced passive assets sitting inside the operating company, disqualifying the shares. Restructuring the sale saved $760,000 against the original terms.
A fintech startup in Prince George, British Columbia was preparing to sell. Due diligence surfaced passive assets sitting inside the operating company, disqualifying the shares, which would have reduced the price or killed the deal outright. We cleaned up the historical file, separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns, and prepared the due-diligence package the buyer's advisers actually asked for. The deal closed at the agreed price. $760,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 5
Incentive Review Recovered $86,000 Across 3 Open Years — Recreation Facility Operator, Prince George
An incentive review at a recreation facility operator in Prince George, British Columbia found BC Scientific Research and Experimental Development Tax Credit eligibility that had never been assessed and recovered $86,000 across 3 open years.
An incentive review at a recreation facility operator in Prince George, British Columbia started from a simple question: what has never been claimed? The answer ran to 3 years, driven by BC Scientific Research and Experimental Development Tax Credit eligibility that had never been assessed. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $86,000 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, $128,000 Cleared — Digital Product Agency, Prince George
A digital product agency in Prince George, British Columbia was under review over sector-specific exposure the previous accountant had not seen before. The file closed in 7 weeks with $128,000 of proposed tax cleared.
A digital product agency in Prince George, 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 $128,000. 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. $128,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.