Case Study 1
22 Months Reconciled And $7,300 Of Input Tax Recovered — Marketing Agency, London
22 months of records at a marketing agency in London, Ontario had never been reconciled, leaving a provincial payroll levy that had never been registered for or remitted. Rebuilding recovered $7,300.
A marketing agency in London, Ontario was carrying a provincial payroll levy that had never been registered for or remitted. Nothing reconciled, and every filing started with 22 months of cleanup. We rebuilt from source rather than correcting on top of the existing file. We assessed and claimed Ontario Innovation Tax Credit alongside the federal return, then set the routine that keeps it clean. 22 months reconciled to the bank. The close now takes 5 days, and $7,300 of previously unclaimable input tax was recovered in the process.
Case Study 2
Collections Halted And $80,000 Cut From A 5-Year Backlog — Private Lending Business, London
Collections had begun against a private lending business in London, Ontario over 5 years of unfiled returns. Bringing them current cut $80,000 from the balance.
By the time a private lending business in London, Ontario called, 5 years were outstanding and the CRA had assessed on estimates. Underneath it sat 13% HST charged on every sale regardless of where the customer was located. We reconstructed the records year by year and recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year. Each filing replaced an arbitrary assessment with a real one. The account is current. Filing on real numbers rather than CRA estimates reduced the balance by $80,000, and a relief application addressed part of the accumulated interest.
Case Study 3
Second-Province Expansion Handled, $90,000 Of Cash Released — Medical Imaging Clinic, London
A medical imaging clinic in London, Ontario expanded into a second province carrying sector-specific exposure the previous accountant had not seen before. Every obligation was set up in advance and $90,000 of cash released.
Revenue at a medical imaging clinic in London, Ontario was up sharply and cash was tighter than ever. Underneath 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. Every new obligation — registration, remittance frequency, provincial filing — was set up before it was triggered, not after. $90,000 of cash was released from the working capital cycle, and the expansion completed with every registration and filing obligation covered from day one.
Case Study 4
3-Week Turnaround Beat The Deadline And Saved $22,500 — Two-Dentist Practice, London
A 3-week rebuild at a two-dentist practice in London, Ontario got the filing in with 13 days to spare, avoiding $22,500 in penalties.
With the deadline for its on tax and accounting file weeks away, a two-dentist practice in London, Ontario was carrying out-of-province sales billed at the ON rate instead of the customer’s. The exposure if the date slipped was around $22,500. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. The filing went in complete rather than provisional, so there was no amended return to follow. Filed with 13 days to spare. $22,500 in late-filing penalties avoided, and the working papers are ready for the following year.
Case Study 5
Intergenerational Transfer Completed With $345,000 Deferred — IT Managed-Services Provider, London
A family transfer at an IT managed-services provider in London, Ontario would have been fully taxable because of a minute book with no resolutions behind a decade of dividends. Restructuring deferred $345,000.
A generational transfer at an IT managed-services provider in London, Ontario had been discussed for years without a plan. A minute book with no resolutions behind a decade of dividends meant the transfer as contemplated would have been fully taxable. We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns, sequencing the steps so each one was complete and documented before the next depended on it. $345,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
Case Study 6
$56,000 Cut From The Annual Tax Bill — Furniture Manufacturer, London
A furniture manufacturer in London, Ontario was filing correctly and still overpaying because of a provincial payroll levy that had never been registered for or remitted. Restructuring the position cut $56,000 from the annual bill.
A furniture manufacturer in London, Ontario was compliant but paying more than it needed to. The prior year had been filed correctly and still left a provincial payroll levy that had never been registered for or remitted on the table. We modelled the current position against the alternatives before changing anything, then assessed and claimed Ontario Innovation Tax Credit alongside the federal return. The change saved $56,000 in the first year and repeats annually. Nothing about the filings became more aggressive; the position is simply the one the rules already allowed.