Case Study 1
Books Rebuilt From Source, $2,600 In Unclaimed Input Tax Found — Custom Software Development Shop, Fredericton
The ledger at a custom software development shop in Fredericton, New Brunswick could not support its own filings because of payroll obligations from another province applied to local staff by an out-of-province provider. Rebuilding it surfaced $2,600 in unclaimed input tax.
A custom software development shop in Fredericton, New Brunswick could not answer basic questions about its own numbers, because payroll obligations from another province applied to local staff by an out-of-province provider sat between the bank statements and the ledger. We assessed and claimed New Brunswick Research and Development Tax Credit alongside the federal return, then documented the process so the work does not depend on any one person remembering how it was done. Records rebuilt and reconciled, $2,600 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.
Case Study 2
Second-Province Expansion Handled, $74,000 Of Cash Released — Grain Farm Corporation, Fredericton
A grain farm corporation in Fredericton, New Brunswick expanded into a second province carrying out-of-province sales billed at the NB rate instead of the customer’s. Every obligation was set up in advance and $74,000 of cash released.
Revenue at a grain farm corporation in Fredericton, New Brunswick was up sharply and cash was tighter than ever. Underneath it sat 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. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after. $74,000 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.
Case Study 3
Intergenerational Transfer Completed With $570,000 Deferred — Maple and Specialty Crop, Fredericton
A family transfer at a maple and specialty crop producer in Fredericton, New Brunswick would have been fully taxable because of a single shareholder holding every share, with no room to multiply the exemption. Restructuring deferred $570,000.
A generational transfer at a maple and specialty crop producer in Fredericton, New Brunswick had been discussed for years without a plan. A single shareholder holding every share, with no room to multiply the exemption meant the transfer as contemplated would have been fully taxable. We recalculated the corporate tax at the 11.5% combined small business rate and rebased the instalments on the current year, sequencing the steps so each one was complete and documented before the next depended on it. $570,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
Case Study 4
Notice Of Objection Allowed In Full, $50,000 Reversed — Heavy-Haul Specialist, Fredericton
A $50,000 reassessment landed at a heavy-haul specialist in Fredericton, New Brunswick, resting on instalments still calculated on a year the business had long outgrown. The objection was allowed in full.
A heavy-haul specialist in Fredericton, New Brunswick had been reassessed for $50,000 and had 22 days left on the objection deadline. The reassessment rested on instalments still calculated on a year the business had long outgrown. We filed the objection inside the deadline with a complete submission rather than a placeholder, and assessed and claimed New Brunswick Small Business Investor Tax Credit alongside the federal return. The appeals officer allowed the objection in full. $50,000 was reversed and the account returned to a nil balance.
Case Study 5
Instalments Rebased, $82,000 Of Cash Returned To The Business — E-Learning Platform, Fredericton
An e-learning platform in Fredericton, New Brunswick was overpaying instalments because of sector-specific exposure the previous accountant had not seen before. Rebasing them returned $82,000 to the business.
An e-learning platform in Fredericton, New Brunswick was paying instalments calculated on a prior year that no longer reflected the business. Sector-specific exposure the previous accountant had not seen before was tying up $82,000 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and assessed and claimed New Brunswick Research and Development Tax Credit alongside the federal return. $82,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 6
$64,000 Reassessment Reduced To Nil On Review — Solar Installation Company, Fredericton
A $64,000 reassessment was proposed against a solar installation company in Fredericton, New Brunswick following payroll obligations from another province applied to local staff by an out-of-province provider. The documented response reduced it to nil.
A review notice arrived at a solar installation company in Fredericton, New Brunswick covering its nb tax and accounting file for two tax years. The auditor's working position was an adjustment of $64,000, driven by payroll obligations from another province applied to local staff by an out-of-province provider. 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 $64,000 and leaving the prior filings undisturbed.