Event Notification On May 9th SR&ED Stakeholder will be broadcasting their virtual webcast on SR&ED topics. Of particular interest to SR&ED claimants and preparers will be the sessions relating to new CRA directives and the new software examples. What: SR&ED Stakeholder Virtual Webcast When: May 9, 2019 Time: 1-4 pm Read more…
Be picky when choosing a SR&ED consultant to help with SR&ED tax credit applications. A good SR&ED consultant can help maximize your refund and defend a claim that is under review. Consultants can help you pull together all of the documents you need to support a claim with the Canada Revenue Agency Read more…
Quebec now provides tax exemptions to businesses to discourage out-of-province buyers. The Liberal provincial government in Quebec recently announced new tax incentives to bring the province more in line with other provinces and to prevent executives and businesses from leaving the province. This move is seen as reactionary, after companies such Read more…
When applying for tax credits through the Scientific Research and Experimental Development (SR&ED) incentive program, the first hurdle which all projects face is that of determining eligibility. The confusion often faced over whether or not your work qualifies for SR&ED hasn’t been helped by recent changes in the Canada Revenue Read more…
Overstating an SR&ED claim may cause you to lose more than your tax refund. In the first part of this article, we examined changing attitudes within the Canada Revenue Agency in response to exaggerated or falsified Scientific Research & Experimental Development (SR&ED) claims. We also briefly outlined possible scenarios when filing a claim. In part Read more…