Category: SR&ED

Kickstarting SR&ED: Essential Startup Insights 1.1

Welcome to Bloom Technical’s SR&ED Academy, a hub where the intricate world of Scientific Research and Experimental Development (SR&ED) becomes clear and accessible. Here, we peel back the layers of SR&ED – yes, pronounced “shred”, reminiscent…

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)…

Why SR&ED Consultancy Outsourcing Makes Sense

Ask yourself “Why SR&ED consultancy outsourcing makes sense?” It’s so that we take care of all that boring paperwork, while you continue to do what you do best – innovating. SR&ED tax credits… They’re a bit…

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…

Pros and Cons of CCPCs vs. non-CCPCs: A SR&ED Showdown

Picture the SR&ED tax credit program as the Canada’s innovation arena. In one corner, we have Canadian controlled private corporations (CCPCs) and in the other, non-CCPCs. They’re both scrappy, they both pack a punch, but they…

Identifying SR&ED Eligible Work

Ready to delve into the thrilling world of Identifying SR&ED tax credits like a seasoned detective uncovering hidden truths? Let’s swap your magnifying glass for these hints, providing the ‘whodunnit’ of differentiating routine work from eligible…

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…