Case Study 1
Month-End Close Cut From 8 Weeks To 5 Days — Mining Services Supplier, Bathurst
Closing the books at a mining services supplier in Bathurst, New Brunswick took 8 weeks because of out-of-province sales billed at the NB rate instead of the customer’s. It now takes 5 days.
The accounting file at a mining services supplier in Bathurst, New Brunswick was built on out-of-province sales billed at the NB rate instead of the customer’s. The year-end had taken 8 weeks each of the last three years. We recalculated the corporate tax at the 11.5% combined small business rate and rebased the instalments on the current year and moved the reconciliations into the monthly cycle, so the year-end stopped being a rebuild. The file reconciles. Month-end closes in 5 days instead of 8 weeks, and the year-end is a review rather than a reconstruction.
Case Study 2
$102,000 Reassessment Reduced To Nil On Review — Rideshare Fleet Owner, Bathurst
A $102,000 reassessment was proposed against a rideshare fleet owner in Bathurst, New Brunswick following sector-specific exposure the previous accountant had not seen before. The documented response reduced it to nil.
A review notice arrived at a rideshare fleet owner in Bathurst, New Brunswick covering its nb tax and accounting file for two tax years. The auditor's working position was an adjustment of $102,000, driven by sector-specific exposure the previous accountant had not seen before. Rather than negotiate, we rebuilt the record. We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns and submitted a point-by-point response that answered each proposed adjustment with the document behind it. The auditor accepted the documented position and closed the review without adjustment, protecting $102,000 and leaving the prior filings undisturbed.
Case Study 3
Corporate Structure Rebuilt For $48,000 Of Annual Savings — Digital Product Agency, Bathurst
The structure at a digital product agency in Bathurst, New Brunswick no longer fitted the business, and 15% HST charged on every sale regardless of where the customer was located showed it. Rebuilding it saves $48,000 a year.
The structure at a digital product agency in Bathurst, New Brunswick had been set up years earlier for a business that no longer existed, and 15% HST charged on every sale regardless of where the customer was located had become expensive. We assessed and claimed New Brunswick Research and Development Tax Credit alongside the federal return. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself. $48,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 4
Instalments Rebased, $88,000 Of Cash Returned To The Business — Regional Freight Carrier, Bathurst
A regional freight carrier in Bathurst, New Brunswick was overpaying instalments because of payroll obligations from another province applied to local staff by an out-of-province provider. Rebasing them returned $88,000 to the business.
A regional freight carrier in Bathurst, New Brunswick was paying instalments calculated on a prior year that no longer reflected the business. Payroll obligations from another province applied to local staff by an out-of-province provider was tying up $88,000 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and assessed and claimed New Brunswick Small Business Investor Tax Credit alongside the federal return. $88,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 5
Incentive Review Recovered $21,000 Across 6 Open Years — Mobile App Studio, Bathurst
An incentive review at a mobile app studio in Bathurst, New Brunswick found New Brunswick Research and Development Tax Credit eligibility that had never been assessed and recovered $21,000 across 6 open years.
An incentive review at a mobile app studio in Bathurst, New Brunswick started from a simple question: what has never been claimed? The answer ran to 6 years, driven by New Brunswick Research and Development Tax Credit eligibility that had never been assessed. We recalculated the corporate tax at the 11.5% combined small business rate and rebased the instalments on the current year, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $21,000 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
$13,000 Of Penalties And Interest Cancelled On Relief — Solar Installation Company, Bathurst
A solar installation company in Bathurst, New Brunswick was carrying $13,000 of penalties and interest from out-of-province sales billed at the NB rate instead of the customer’s. A relief application cancelled it.
An assessment of $13,000 landed at a solar installation company in Bathurst, New Brunswick following a desk review. The auditor had not seen the records behind out-of-province sales billed at the NB rate instead of the customer’s. We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns, then set out the legislative basis for the position alongside the documents supporting it. $13,000 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.