Case Study 1
Holding Structure Added, $30,500 Saved Annually — Surveying Practice, Prince Edward County
A surveying practice in Prince Edward County, Ontario needed a holding structure to deal with sector-specific exposure the previous accountant had not seen before. The reorganisation was tax-neutral and removed $30,500 of annual exposure.
A surveying practice in Prince Edward County, Ontario was carrying sector-specific exposure the previous accountant had not seen before, 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 Made Manufacturing Investment 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 $30,500, and the reorganisation itself was tax-neutral.
Case Study 2
Scaled To 19 Staff With $24,000 Of Working Capital Freed — Recruitment Firm, Prince Edward County
Growth at a recruitment firm in Prince Edward County, Ontario had outrun the back office, and instalments still calculated on a year the business had long outgrown broke first. Headcount reached 19 with $24,000 of cash freed.
A recruitment firm in Prince Edward County, Ontario was growing fast — headcount to 19 in eighteen months — and the back office had not kept up. Instalments still calculated on a year the business had long outgrown was the first thing to break. 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 built the compliance calendar for the size the business was becoming rather than the size it had been. The business reached 19 staff with no missed remittance and no late filing. $24,000 of working capital was freed in the process.
Case Study 3
$117,000 Of Penalties And Interest Cancelled On Relief — Architecture Studio, Prince Edward County
An architecture studio in Prince Edward County, Ontario was carrying $117,000 of penalties and interest from 13% HST charged on every sale regardless of where the customer was located. A relief application cancelled it.
An assessment of $117,000 landed at an architecture studio in Prince Edward County, Ontario following a desk review. The auditor had not seen the records behind 13% HST charged on every sale regardless of where the customer was located. We recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year, then set out the legislative basis for the position alongside the documents supporting it. $117,000 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.
Case Study 4
$44,000 Reassessment Reduced To Nil On Review — Two-Partner Engineering Practice, Prince Edward County
A $44,000 reassessment was proposed against a two-partner engineering practice in Prince Edward County, Ontario following out-of-province sales billed at the ON rate instead of the customer’s. The documented response reduced it to nil.
A review notice arrived at a two-partner engineering practice in Prince Edward County, Ontario covering its on tax and accounting file for two tax years. The auditor's working position was an adjustment of $44,000, driven by out-of-province sales billed at the ON rate instead of the customer’s. Rather than negotiate, we rebuilt the record. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty 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 $44,000 and leaving the prior filings undisturbed.
Case Study 5
Filed On Time From A Standing Start, $125,000 Penalty Avoided — Wealth Management Practice, Prince Edward County
A wealth management practice in Prince Edward County, Ontario was 5 weeks from a deadline while carrying a provincial payroll levy that had never been registered for or remitted. Filing complete and on time avoided roughly $125,000 in penalties.
A wealth management practice in Prince Edward County, Ontario came to us 5 weeks before its filing deadline with a provincial payroll levy that had never been registered for or remitted. A late filing would have triggered a penalty of roughly $125,000 before interest. We worked backwards from the deadline. We assessed and claimed Ontario Innovation Tax Credit alongside the federal return, prioritising the items that actually gated the filing and deferring everything that did not. The return was filed on time and complete. The $125,000 penalty never arose, and the compliance calendar we set means the next deadline is scheduled rather than discovered.
Case Study 6
$136,000 In Credits Claimed That Prior Filings Had Missed — Benefits Consultancy, Prince Edward County
4 years of filings at a benefits consultancy in Prince Edward County, Ontario had never claimed the incentives the work qualified for. The review recovered $136,000.
A benefits consultancy in Prince Edward County, Ontario had been filing for 4 years without ever claiming the incentives its activity qualified for. Behind that sat Ontario Regional Opportunities Investment Tax Credit eligibility that had never been assessed. We tested each activity against the eligibility criteria rather than the description on the invoice, then assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return. $136,000 in credits claimed, with the open prior years adjusted as well. The claim passed review without adjustment.