Case Study 1
Remuneration Review Saved $70,000 Across Corporate And Personal Returns — Import and Distribution Corporation, Kitchener
A remuneration review at an import and distribution corporation in Kitchener, Ontario found a small business limit quietly shared across three associated corporations nobody had mapped and saved $70,000 across the corporate and personal returns.
Nothing was wrong at an import and distribution corporation in Kitchener, Ontario — the filings were on time and accurate. What they were not was planned. A small business limit quietly shared across three associated corporations nobody had mapped had never been reviewed. We moved passive holdings into a separate structure so the operating company’s small business limit stopped grinding down, and ran the numbers across both the corporate and personal returns so the saving was real rather than deferred into someone else's hands. $70,000 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 2
$65,000 Of Arbitrary Assessments Vacated After 6 Years — CCPC with Two Shareholders, Brampton
The CRA had assessed a CCPC with two shareholders in Brampton, Ontario on estimates across 6 unfiled years. Real filings vacated $65,000 of that tax.
6 years of unfiled returns had turned into notional assessments at a CCPC with two shareholders in Brampton, Ontario, with a balance-due date the owner believed was the same as the filing date underneath. Collections had already started. We rebuilt the instalment schedule off the current year rather than the prior year, ending the interest accrual, then filed every outstanding year in chronological order so the CRA could vacate the notional assessments cleanly. All 6 years were accepted as filed. $65,000 of arbitrarily assessed tax was vacated, collections action stopped, and the account is current for the first time in 6 years.
Case Study 3
Instalments Rebased, $109,000 Of Cash Returned To The Business — Holding Company and Its, London
A holding company and its operating subsidiary in London, Ontario was overpaying instalments because of retained earnings building in the operating company with no plan for extracting them. Rebasing them returned $109,000 to the business.
A holding company and its operating subsidiary in London, Ontario was paying instalments calculated on a prior year that no longer reflected the business. Retained earnings building in the operating company with no plan for extracting them was tying up $109,000 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and modelled salary against dividends across both the corporation and the shareholder’s personal return, then set the remuneration mix for the year. $109,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 4
Intergenerational Transfer Completed With $900,000 Deferred — Professional Corporation, Halifax
A family transfer at a professional corporation in Halifax, Nova Scotia would have been fully taxable because of passive assets sitting inside the operating company, disqualifying the shares. Restructuring deferred $900,000.
A generational transfer at a professional corporation in Halifax, Nova Scotia had been discussed for years without a plan. Passive assets sitting inside the operating company, disqualifying the shares meant the transfer as contemplated would have been fully taxable. We mapped the association rules across the group, allocated the business limit deliberately on Schedule 23, and corrected the prior year by adjustment request, sequencing the steps so each one was complete and documented before the next depended on it. $900,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
Case Study 5
29 Months Reconciled And $18,500 Of Input Tax Recovered — Second-Generation Family Manufacturer, Hamilton
29 months of records at a second-generation family manufacturer in Hamilton, Ontario had never been reconciled, leaving two corporations under common control filing as if each had its own $500,000 limit. Rebuilding recovered $18,500.
A second-generation family manufacturer in Hamilton, Ontario was carrying two corporations under common control filing as if each had its own $500,000 limit. Nothing reconciled, and every filing started with 29 months of cleanup. We rebuilt from source rather than correcting on top of the existing file. We moved passive holdings into a separate structure so the operating company’s small business limit stopped grinding down, then set the routine that keeps it clean. 29 months reconciled to the bank. The close now takes 4 days, and $18,500 of previously unclaimable input tax was recovered in the process.
Case Study 6
$56,000 Credit Claim Filed And Accepted Without Adjustment — Franchise Operator with Three, Ottawa
A franchise operator with three locations in Ottawa, Ontario had never tested its work against the eligibility rules. The resulting $56,000 claim was accepted without adjustment.
A franchise operator with three locations in Ottawa, Ontario assumed the credits did not apply to a business its size. Retained earnings building in the operating company with no plan for extracting them meant they had applied all along. We identified the qualifying activity, built the documentation to support it, and rebuilt the instalment schedule off the current year rather than the prior year, ending the interest accrual. $56,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.