In December 2020, the Canada Revenue Agency (CRA) implemented changes to the Scientific Research and Experimental Development (SR&ED) form, the T661. The new version of the T661 form, the T661(20), is now in use, and the T661(15) will no longer be accepted as of January 1, 2021. In this post, Read more…
SR&ED and the Press The press has not always been kind to the SR&ED program. Since it is a government program distributing billions of taxpayer dollars, the media is quick to point out any problems that the program may have. On the other hand, there are also occasional glowing Read more…
The Canada Revenue Agency (CRA) recently released the T661(13), the newest edition of the form used to apply for the Scientific Research & Experimental Development (SR&ED) tax credit. But how does the updated version compare to its predecessor, the T661(12)? We studied both versions and contrasted them for you below Read more…