Case Study 1
10 Months Reconciled And $17,000 Of Input Tax Recovered — Food Processing Plant, Cornwall
10 months of records at a food processing plant in Cornwall, Ontario had never been reconciled, leaving out-of-province sales billed at the ON rate instead of the customer’s. Rebuilding recovered $17,000.
A food processing plant in Cornwall, Ontario was carrying out-of-province sales billed at the ON rate instead of the customer’s. Nothing reconciled, and every filing started with 10 months of cleanup. We rebuilt from source rather than correcting on top of the existing file. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty, then set the routine that keeps it clean. 10 months reconciled to the bank. The close now takes 4 days, and $17,000 of previously unclaimable input tax was recovered in the process.
Case Study 2
Holding Structure Added, $25,000 Saved Annually — Executive Coaching Practice, Cornwall
An executive coaching practice in Cornwall, Ontario 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 $25,000 of annual exposure.
An executive coaching practice in Cornwall, Ontario 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 Ontario Innovation 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 $25,000, and the reorganisation itself was tax-neutral.
Case Study 3
$50,000 Credit Claim Filed And Accepted Without Adjustment — Translation Services Company, Cornwall
A translation services company in Cornwall, Ontario had never tested its work against the eligibility rules. The resulting $50,000 claim was accepted without adjustment.
A translation services company in Cornwall, Ontario assumed the credits did not apply to a business its size. Ontario Made Manufacturing Investment Tax Credit eligibility that had never been assessed meant they had applied all along. We identified the qualifying activity, built the documentation to support it, and assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return. $50,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
Case Study 4
Remuneration Review Saved $19,500 Across Corporate And Personal Returns — Marketing Agency, Cornwall
A remuneration review at a marketing agency in Cornwall, Ontario found instalments still calculated on a year the business had long outgrown and saved $19,500 across the corporate and personal returns.
Nothing was wrong at a marketing agency in Cornwall, Ontario — the filings were on time and accurate. What they were not was planned. Instalments still calculated on a year the business had long outgrown had never been reviewed. 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 ran the numbers across both the corporate and personal returns so the saving was real rather than deferred into someone else's hands. $19,500 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 5
3-Week Turnaround Beat The Deadline And Saved $19,000 — Management Consultancy, Cornwall
A 3-week rebuild at a management consultancy in Cornwall, Ontario got the filing in with 12 days to spare, avoiding $19,000 in penalties.
With the deadline for its on tax and accounting file weeks away, a management consultancy in Cornwall, Ontario was carrying 13% HST charged on every sale regardless of where the customer was located. The exposure if the date slipped was around $19,000. We recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year. The filing went in complete rather than provisional, so there was no amended return to follow. Filed with 12 days to spare. $19,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 6
Collections Halted And $36,000 Cut From A 3-Year Backlog — Boutique Law Firm, Cornwall
Collections had begun against a boutique law firm in Cornwall, Ontario over 3 years of unfiled returns. Bringing them current cut $36,000 from the balance.
By the time a boutique law firm in Cornwall, Ontario called, 3 years were outstanding and the CRA had assessed on estimates. Underneath it sat out-of-province sales billed at the ON rate instead of the customer’s. 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 $36,000, and a relief application addressed part of the accumulated interest.