Category: SR&ED

SR&ED Tax Credit Program: Why You Should Work With an SR&ED Consultant

You’ve done plenty of research on the SR&ED claim preparation process, and now you’re ready to take the next step by filing your own claim. If you’ve reached this stage, you probably want to make sure…

SR&ED Claim Processing Times

SR&ED claim processing times are a bit of a mystery sometimes. When you file an SR&ED Tax Credits claim, you want to ensure that you know what to expect from the process. This includes familiarizing yourself…

SR&ED Financial Evidence

SR&ED financial evidence is very important for your claim. You already know that the CRA requires technical evidence in the event of a CRA SR&ED audit. However, it’s also important to keep in mind that financial…

SR&ED Audit Blues?

CRA SR&ED audits, which are also commonly known as CRA reviews, are an inevitable aspect of SR&ED Tax Credits. Because you can expect these audits to occur at one point or another, it’s important to be…

SR&ED Tax Credit Program: Rate of the Return

The SR&ED tax credit program encompasses numerous factors that can influence the rate of return for a business. Some of these factors include the type of company, their revenues, and the taxable capital of associated groups…

SR&ED Overhead Gross-Up

SR&ED overhead gross-up is the next step once you’ve determined all Eligible SR&ED Expenditures.  Before you begin this step, it’s worth your time to ensure you have all the expenditures as one of the methods depends…

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…

SR&ED Tax Credit Program Tips

Learn more about SR&ED tac credit program tips. For projects that are part of the SR&ED Tax Credit program, certain measures must be taken to determine whether this work qualifies as experimental development. The CRA considers…

SR&ED, Penalties and Fraud

SR&ED penalties and fraud are most assuredly not fun topics to discuss. That said, there is little doubt in anyone’s mind that if a SR&ED claimant can avoid unpleasant things like reduced claims, paying penalties, or…