Expectation vs. reality — is the Taxpayers’ Ombudsman really effective? We have previously discussed the scope of the Taxpayers’ Ombudsman (OTO) and how to use the OTO to file a complaint regarding the service of the Canada Revenue Agency (CRA). This post analyzes the OTO’s annual reports to see how effective Read more…
This post outlines some simple questions that will help an SR&ED neophyte examine existing projects with an eye for recapturing expenses using the SR&ED tax incentive program. 6 Questions for SR&ED Eligibility Can you answer yes to any of these questions? (Note: Your project’s success is not a requirement for Read more…
The Canada Revenue Agency (CRA), as per the specifications under the Income Tax Act (ITA), defines Scientific Research and Experimental Development (SR&ED) as a “systematic investigation or search that is carried out in a field of science or technology by means of experiment or analysis and that either falls under Read more…
An SR&ED consultant can also assist in highlighting words that are frequently confused for one another. One example is “technical vs. technological” The Canada Revenue Agency supports approximately 20,000 businesses every year in the form of SR&ED, which delivers over $3 billion annually in aggregate to these companies. More Read more…
At SREDucation, we’re taking the time to document all of the changes that have occurred to the SR&ED program over the years. In our “From the Archives” series, you’ll be able to see how the program has evolved since its inception in 1986. In 2007, the Information Technology Association of Read more…