SR&ED Tips

SR&ED TIPS FROM our RESIDENT CPA

Our SR&ED tips help with everything from what software to use, to documentation and the technical reports. But we also talk about anything related to business and what our clients have done to make themselves successful. Unlike most other SR&ED firms, ours is owned and operated by a team of CPA’s who have been dealing with tax, accounting, payroll and audit issues their entire lives. When we provide a SR&ED Tips, it comes from a team of people with decades of experience and know how.

SR&ED Advice

If you are looking for a specific piece of information, simply contact us, and we can usually get you an answer within 1 business day at most. We are also happy to provide video responses or work with a specific scenario you are  in whether it’s an audit or some confusion on what can and can not be claimed in your SR&ED tax credit claim. We are also happy to provide guidance and advice to those who are navigating the SR&ED waters by themselves. Whatever the situation is, or whatever the industry is you are in, we’ve probably seen or been involved with something similar.

CLIENT NETWORK

We are fortunate enough to have a large client base with which to draw from. While privacy is always paramount, we are able to draw on the knowledge gained from our clients over the years to offer advice on software, payroll best practices, hours tracking and more. We also introduce clients when appropriate, and have had several that have worked together on short term projects and some that are still working together to this day. Needless to say we look to add value to your business, even outside of the SR&ED tax credit program.

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…

SRED, Penalties and Fraud

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

SR&ED Tips For Your Year End – Diaries

SR&ED should be a year round affair. If you haven’t set up a diary or similar it’s time to start thinking about setting up your processes for next year and a SR&ED diary can strengthen your…

Maximizing SRED Like a CPA CHAMP

Maximizing SRED like a champ for the team at Bloom means following guidelines. These are of course set by our very own SRED champ (and CPA) Logan Hanson. We’ve listed some of the most important things…

How to Document Your SRED Claim Like a CPA

In order to document your SRED claim like a CPA it helps to know one. Or have one as your boss. I had the opportunity to sit down with our Technical Lead and CEO Logan Hanson…