Category: SR&ED Claim Planning

Simplifying SR&ED: Navigating CRA’s Helpful Toolkit 

Ah, the Scientific Research and Experimental Development (SR&ED) tax credit program. It’s a mouthful and, honestly, a bit of a headache if you’re navigating it solo. Luckily, the good folks at the Canada Revenue Agency (CRA)…

Mining for Gold: Spotting SR&ED Nuggets in Daily Operations

Strike the SR&ED tax credit mother lode! It’s a boon that’s a stone’s throw away, yet sifting SR&ED eligible activities from your daily operations can sometimes feel like searching for a needle in a haystack. But…

Effective Ideation & Brainstorming: Tips for Effective Innovation

Introduction: In today’s competitive business landscape, innovation is a key driver of success. To stay ahead, businesses need to consistently generate fresh ideas and solutions. This is where effective ideation techniques come into play. In this…

Mastering SR&ED Claim Meetings: Your Pathway to Success

The SR&ED claim process calls for many key steps, one of the most essential being the orchestration of an effective claim preparation meeting. It’s in this meeting that your company’s technical team and SR&ED consultants converge…

Ideation Creativity: Unlock Your Team Potential

Creativity fuels innovation. It transforms ordinary tasks into amazing feats, powering business growth. But how do you nurture creativity? Whether you’re an entrepreneur or a team leader, it’s your key to success. However, in a structured…

The Art of Defining Your SR&ED Projects: A Comprehensive Guide to Nailing It

Snag those awesome SR&ED tax goodies by nailing your research and development project descriptions! When you’re in sync with Canada Revenue Agency (CRA) rules, your claim’s success skyrockets. So, let’s cruise through defining your SR&ED projects…

SR&ED Tax Credit Program: Calculating Your Return

Calculating the investment tax credits for the taxation year can be a long, complex process. However, don’t let it daunt you. You’ll have an easier time navigating the entire process if you divide it into small,…

SR&ED Tax Credit Program: Qualifying Criteria

It’s important to take certain steps to determine whether your project qualifies as experimental development. The CRA takes five important questions into account when classifying projects that are a part of the SR&ED Tax Credits program….

Eligible Expenditures for Financial Preparation

When it’s time to determine the investment tax credits for the taxation year, you may feel overwhelmed by the long, complicated process ahead of you. However, breaking the SR&ED tax credits process down into manageable steps…

SR&ED Technical Reports

SR&ED technical reports backed my clear financials and solid evidence are crucial to a successful claim. If you’re planning to file a SR&ED claim, you’ll need to deliver a technical report to the CRA. The CRA…