TAX MANAGEMENT SERVICES
A UNIQUE TAX APPROACH
We possess extensive knowledge and experience in all aspects concerning taxes, grants and incentives
Founded in 1996 by former federal and provincial government sales tax auditors, TMS is dedicated to the recovery of Canadian sales taxes. With a rich history of conducting thousands of comprehensive reviews, our skilled team has assisted countless corporate and institutional clients in reclaiming millions of dollars in sales taxes, grants and incentives. Our business model operates on a contingency fee basis, ensuring that our renumeration is aligned with the successful recovery of funds for our clients. This approach underlines our commitment to results and client satisfaction. Our exemplary reputation in the industry is affirmed by an extensive collection of testimonials from our diverse and satisfied client base.
PRACTICE AREAS
Commodity Tax Review
At TMS, we conduct a comprehensive analysis of your operations to ensure that all applicable credits are accounted for and maximized for the statutory period. We evaluate your current methodology for charging and calculating net GST, HST, and Provincial Sales Tax, as well as calculating GST, HST, and PST tax credits and notional tax credits. TMS identifies any services that may be subject to GST, HST, PST, and customs duties, which can increase your overall tax credit. Our review covers all aspects related to Canadian sales taxes, payroll taxes, fuel taxes, and customs duties. Ultimately, TMS provides you with all the necessary information to prepare your recovery claims.
Apprenticeship Tax Credits and Other Incentives
Both federal and provincial governments offer tax incentive programs, both refundable and non-refundable, to employers who hire and train apprentices in specific skilled trades. One particular area of our focus is the apprenticeship tax credit available to employers who engage trained apprentices in specific trades. We conduct a thorough review of applicable provincial programs to ensure that you receive all eligible tax credits and incentives.
Specific Issues
Our legal experts are committed to an exhaustive investigation of any recent tax policy amendments, decisions, or shifts in interpretation that may affect your situation. We stay abreast of the latest changes to ensure our advice and strategies are current and effective.
Audit Assistance
As the only tax recovery firm with an In-House Legal Counsel, TMS stands out in its ability to directly liaise with government authorities on your behalf. We provide comprehensive assistance in resolving sales tax disputes and offer discreet support throughout audit processes. Our services in dispute resolution are tailored to suit the specific stage of your appeal process.TMS is the only tax recovery firm to offer In-House Legal Counsel, enabling us to work directly with government officials on behalf of our clients. We also assist with resolving sales tax disputes and provide "behind the scenes" support during audits. Services in the area of disputes will vary depending on the stage in the appeal process.
WSIB
WSIB can be a challenging burden for employers due to frequent legislative changes and complex legal policies. Our thorough WSIB review encompasses three key areas, leveraging our expertise to understand risk versus reward and prioritize actual savings. We begin with your authorization to access company records from the WSIB and ensure consistency and confidentiality in our analysis.
Litigation and Voluntary Disclosure
CLIENTS
"Several tax recovery firms offering their services have approached us. I am confident we made the correct choice with Tax Management Services. Their consultants conducted themselves in a very professional manner, were efficient and thorough and importantly worked with very little demands on our staff, which was an initial concern."
Finance Manager – Burger King
"We hired TMS to review our accounts payable records with the view to recover any tax overpayments and identify expenditures where tax deductions were overlooked…in every engagement, Mr. Testa was able to obtain significant recoveries for our firm…over and above tax reviews completed by other tax specialists that Canpar had retained."
VP Finance - Canpar
"The consultant was resourceful, energetic and tactful in helping us prepare our refund claims. His extensive background with the government and “file-by-file” review resulted in significant recoveries…our decision to go with TMS was truly a ‘win’ situation for us."
Director Finance - Energizer
CONTACT
TAX MANAGEMENT SERVICES
TMS Tax Management Services
91 Skyway Avenue, Suite101
Toronto, ON, M9W 6R5
Email mtesta@taxrecoveries.com
Tel 905.815.1305
Fax 905.815.1306
Message TMS now