Optimizing Tax Position for a Local Retailer
A Calgary-based retailer was struggling to manage their books and wanted to reduce their annual tax liability while staying fully compliant. Me Consulting Inc. conducted a comprehensive review of their financials, identified overlooked deductions and credits, and implemented a streamlined bookkeeping system for ongoing tracking. As a result, the client reduced their tax liability by 18%, saved more than 10 hours per month on bookkeeping, and now has a system in place for easy quarterly reviews. This case highlights the power of proactive bookkeeping and tax planning to improve cash flow and reduce year-end stress.