6 Moncton tax and accounting engagements in full — what the client came to us with, what we did, and what it was worth. Each one is specific to Moncton and its provincial tax regime, not a general example.
Case Study 1 · Backlog brought current
7 Years Filed, $127,000 Removed From The Assessed Balance — Owner-Operator Trucking Corporation, Moncton
Client: An owner-operator trucking corporation · Where: Moncton, New Brunswick · Engagement: 4 weeks, fixed fee
Years filed7
Assessed balance removed$127,000
CollectionsStopped
The situation
An owner-operator trucking corporation in Moncton, New Brunswick had not filed for 7 years. The CRA had issued arbitrary assessments, and the business was carrying out-of-province sales billed at the NB rate instead of the customer’s on top of a growing interest balance.
What we did
We started with the oldest year and worked forward so each year's closing balances fed the next. We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns, filing the years in sequence rather than all at once.
The result
Every year is now filed and assessed on actual figures. The notional assessments were vacated and $127,000 of the estimated balance came off, with a payment arrangement covering the rest.
Client: A mining services supplier · Where: Moncton, New Brunswick · Engagement: 4 weeks, fixed fee
Proposed tax cleared$51,000
Review duration4 weeks
OutcomeNo change
The situation
A mining services supplier in Moncton, New Brunswick was selected for review after payroll obligations from another province applied to local staff by an out-of-province provider showed up in the CRA's automated matching. The proposed adjustment on its nb tax and accounting file came to $51,000.
What we did
We assessed and claimed New Brunswick Small Business Investor 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 result
The review closed with no change. $51,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.
Case Study 3 · Cash and remittance control
Instalments Rebased, $93,000 Of Cash Returned To The Business — Grain Farm Corporation, Moncton
Client: A grain farm corporation · Where: Moncton, New Brunswick · Engagement: 4 weeks, fixed fee
Cash returned$93,000
Instalment basisCurrent year
ReviewedQuarterly
The situation
A grain farm corporation in Moncton, 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 $93,000 of cash.
What we did
We rebased the instalments on the current-year estimate rather than the prior-year default, and recalculated the corporate tax at the 11.5% combined small business rate and rebased the instalments on the current year.
The result
$93,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 4 · Objection and relief
Desk-Review Assessment Of $94,000 Vacated — Cross-Border Dropshipper, Moncton
Client: A cross-border dropshipper · Where: Moncton, New Brunswick · Engagement: 10 weeks, fixed fee
Assessment vacated$94,000
Supporting recordsNow on file
AccountCleared
The situation
A cross-border dropshipper in Moncton, New Brunswick was carrying $94,000 of penalties and interest arising from instalments still calculated on a year the business had long outgrown, much of it accumulated during a period the CRA itself had delayed.
What we did
We assessed and claimed New Brunswick Research and Development Tax Credit alongside the federal return and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship.
The result
The assessment was vacated. $94,000 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 5 · Sale and succession
$755,000 Sheltered By The Lifetime Capital Gains Exemption — Direct-To-Consumer Apparel Brand, Moncton
Client: A direct-to-consumer apparel brand · Where: Moncton, New Brunswick · Engagement: 8 weeks, fixed fee
Gain sheltered$755,000
ClosingOn schedule
Share qualificationMet
The situation
A direct-to-consumer apparel brand in Moncton, New Brunswick had an offer on the table and 24 months to close. The shares did not qualify for the capital gains exemption, and a shareholder loan balance that would have been picked up as income on closing was part of the reason.
What we did
We purified the corporation so the shares met the qualifying tests, then rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns well ahead of the closing date.
The result
The sale closed on schedule with $755,000 sheltered by the lifetime capital gains exemption across the shareholders.
Case Study 6 · Scaling without breaking
Second-Province Expansion Handled, $51,000 Of Cash Released — Hardware Startup, Moncton
Client: A hardware startup · Where: Moncton, New Brunswick · Engagement: 5 weeks, fixed fee
Cash released$51,000
New registrationsComplete on day one
Compliance gapsNone
The situation
Revenue at a hardware startup in Moncton, 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.
What we did
We assessed and claimed New Brunswick Small Business Investor Tax Credit alongside the federal return. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after.
The result
$51,000 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.
Reviewed for the 2025 tax year by Udit Gupta, Certified Tax Accountant. Figures describe representative engagements of this type; outcomes depend on your own facts. Client names and identifying details are omitted for confidentiality.
