Case Study 1
$117,000 Of Arbitrary Assessments Vacated After 6 Years — Physiotherapy Group, Dryden
The CRA had assessed a physiotherapy group in Dryden, Ontario on estimates across 6 unfiled years. Real filings vacated $117,000 of that tax.
6 years of unfiled returns had turned into notional assessments at a physiotherapy group in Dryden, Ontario, with out-of-province sales billed at the ON rate instead of the customer’s underneath. Collections had already started. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty, then filed every outstanding year in chronological order so the CRA could vacate the notional assessments cleanly. All 6 years were accepted as filed. $117,000 of arbitrarily assessed tax was vacated, collections action stopped, and the account is current for the first time in 6 years.
Case Study 2
Audit Defence Closed In 9 Weeks, $66,000 Cleared — Benefits Consultancy, Dryden
A benefits consultancy in Dryden, Ontario was under review over a provincial payroll levy that had never been registered for or remitted. The file closed in 9 weeks with $66,000 of proposed tax cleared.
A benefits consultancy in Dryden, Ontario was selected for review after a provincial payroll levy that had never been registered for or remitted showed up in the CRA's automated matching. The proposed adjustment on its on tax and accounting file came to $66,000. We assessed and claimed Ontario Innovation 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. $66,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.
Case Study 3
Instalments Rebased, $61,000 Of Cash Returned To The Business — Metal Fabrication Business, Dryden
A metal fabrication business in Dryden, Ontario was overpaying instalments because of sector-specific exposure the previous accountant had not seen before. Rebasing them returned $61,000 to the business.
A metal fabrication business in Dryden, Ontario 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 $61,000 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return. $61,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 4
$108,000 Of Penalties And Interest Cancelled On Relief — Fintech Startup, Dryden
A fintech startup in Dryden, Ontario was carrying $108,000 of penalties and interest from instalments still calculated on a year the business had long outgrown. A relief application cancelled it.
An assessment of $108,000 landed at a fintech startup in Dryden, Ontario following a desk review. The auditor had not seen the records behind instalments still calculated on a year the business had long outgrown. 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. $108,000 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.
Case Study 5
Share Sale Restructured, $355,000 Less Tax On Closing — Investment Advisory Firm, Dryden
Due diligence at an investment advisory firm in Dryden, Ontario surfaced passive assets sitting inside the operating company, disqualifying the shares. Restructuring the sale saved $355,000 against the original terms.
An investment advisory firm in Dryden, Ontario 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, recalculated the corporate tax at the 12.2% 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. $355,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 6
Second-Province Expansion Handled, $140,000 Of Cash Released — Executive Coaching Practice, Dryden
An executive coaching practice in Dryden, Ontario expanded into a second province carrying out-of-province sales billed at the ON rate instead of the customer’s. Every obligation was set up in advance and $140,000 of cash released.
Revenue at an executive coaching practice in Dryden, Ontario was up sharply and cash was tighter than ever. Underneath it sat out-of-province sales billed at the ON rate instead of the customer’s. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after. $140,000 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.