Case Study 1
Share Sale Restructured, $270,000 Less Tax On Closing — Two-Dentist Practice, Port Colborne
Due diligence at a two-dentist practice in Port Colborne, Ontario surfaced a shareholder loan balance that would have been picked up as income on closing. Restructuring the sale saved $270,000 against the original terms.
A two-dentist practice in Port Colborne, Ontario was preparing to sell. Due diligence surfaced a shareholder loan balance that would have been picked up as income on closing, which would have reduced the price or killed the deal outright. We cleaned up the historical file, rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns, and prepared the due-diligence package the buyer's advisers actually asked for. The deal closed at the agreed price. $270,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 2
Reorganisation Completed Tax-Deferred, $72,000 Saved Each Year — Recruitment Firm, Port Colborne
A recruitment firm in Port Colborne, Ontario had outgrown its structure, with a provincial payroll levy that had never been registered for or remitted the visible cost. The reorganisation completed tax-deferred and saves $72,000 a year.
A recruitment firm in Port Colborne, Ontario had outgrown the structure it started with. A provincial payroll levy that had never been registered for or remitted was the immediate problem; the longer-term one was that the structure blocked the next step. We mapped the current structure, modelled the target, and assessed and claimed Ontario Innovation Tax Credit alongside the federal return — with the tax-deferred elections filed on time and the supporting valuations documented. The reorganisation completed without triggering tax, and the new structure saves approximately $72,000 a year while removing the exposure the old one carried.
Case Study 3
8-Week Turnaround Beat The Deadline And Saved $127,000 — Family Medicine Clinic, Port Colborne
A 8-week rebuild at a family medicine clinic in Port Colborne, Ontario got the filing in with 15 days to spare, avoiding $127,000 in penalties.
With the deadline for its on tax and accounting file weeks away, a family medicine clinic in Port Colborne, Ontario was carrying 13% HST charged on every sale regardless of where the customer was located. The exposure if the date slipped was around $127,000. 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 15 days to spare. $127,000 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 4
Remittance Schedule Corrected, $114,000 Refunded — Translation Services Company, Port Colborne
Remittances at a translation services company in Port Colborne, Ontario were chronically late because of sector-specific exposure the previous accountant had not seen before. Fixing the schedule refunded $114,000.
Remittances at a translation services company in Port Colborne, Ontario were consistently late by a few days, which was enough to trigger penalties every quarter. Behind it sat sector-specific exposure the previous accountant had not seen before. We assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return, then moved the remittance dates into a scheduled process rather than a monthly decision. Penalties stopped from the following remittance onwards, and $114,000 of overpaid instalments was refunded.
Case Study 5
Growth Handled Without A Missed Filing, $29,500 Freed — Physiotherapy Group, Port Colborne
Scaling exposed out-of-province sales billed at the ON rate instead of the customer’s at a physiotherapy group in Port Colborne, Ontario. The back office was rebuilt to match, freeing $29,500.
A physiotherapy group in Port Colborne, Ontario was opening in a second province — different filing obligations, a different payroll regime, and out-of-province sales billed at the ON rate instead of the customer’s already in the file. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty and put monthly reporting in place so the owner could see the cash effect of growth while there was still time to act on it. Growth was absorbed without a compliance failure. $29,500 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 6
Incentive Review Recovered $78,000 Across 4 Open Years — Surveying Practice, Port Colborne
An incentive review at a surveying practice in Port Colborne, Ontario found Ontario incentives claimed by competitors and never by this business and recovered $78,000 across 4 open years.
An incentive review at a surveying practice in Port Colborne, Ontario started from a simple question: what has never been claimed? The answer ran to 4 years, driven by Ontario incentives claimed by competitors and never by this business. We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns, documenting eligibility to the standard a reviewer would apply rather than the standard a claim form requires. The credits produced $78,000 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.