TAX MANAGEMENT SERVICES
A UNIQUE TAX APPROACH
We possess extensive knowledge and experience in all aspects concerning taxes, grants and incentives
OUR VISION
TMS, founded in 1996 by ex-federal and provincial government sales tax auditors, specializes in recovering Canadian sales taxes. TMS has conducted thousands of reviews and aided corporate and institutional clients recover millions of dollars in sales taxes, grants, and incentives. TMS operates on a contingency fee basis, meaning they receive payment only after achieving recoveries for their clients. Our outstanding reputation in the industry is supported by hundreds of testimonials from satisfied TMS clients.
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
Federal and provincial governments offer refundable and non-refundable tax incentive programs to employers who hire and train apprentices in specific skilled trades. We review applicable Provincial programs to ensure you receive all available tax credits and incentives.
Specific Issues
Our legal team thoroughly researches any new tax amendment policy decisions, rulings, or changes in interpretation that may be applicable to you.
Audit Assistance
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