Category: CRA

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)…

Navigating the SR&ED Expenditure Maze: The Canadian Guide

Canada is a land that cherishes innovation, and the government encourages businesses to invest in scientific research and experimental development (SR&ED) projects by offering attractive tax incentives. However, navigating the SR&ED landscape can feel like trying…

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 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, 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…

Our CPA Can Help With These Pro Tips

SR&ED got you down? Don’t worry, our CPA can help. Preparing your SR&ED claim like a Chartered Public Accountant (CPA) is all about being organized, or so I’m told. I had a conversation recently with our…