Our value added in SR & ED

• Write specific technical descriptions. Entering all the information required to prepare your SR & ED claim can take a lot of time and energy. Our technical expert helps you transform the mass of information into solid and compelling descriptions of your SR & ED activities and compile the technical documentation required to support your claim.

• Train your team. We train your team by providing valuable advice, “best practices” and effective templates to identify potentially eligible projects and produce the required documentation to support your claim.
• Comment on your technical descriptions. If you prefer to prepare your descriptions by yourself, we review them and make sure they are complete and compliant with the SR & ED program.
• Improve your ongoing documentation. The CRA is increasingly requiring technical and scientific documentary evidence to support your experimental work. They want evidence-based, contemporary and structured documentation. In reality very few companies have such processes in place. We have developed “best practices” based on our experience with these issues. We know what will satisfy the tax authorities. Our continuous documentation methods of technical and financial aspects are practical, fast and light to implement.
• Plan your tax strategy for innovation. Credits have a significant impact on your profitability. SR & ED must be documented during the year, other credits and grants must be claimed before disbursements are made. This is why planning is required. We develop with you the vision and optimal structure for your future claims.

• Support CRA and MRQ audit. The Canada Revenue Agency (CRA) occasionally reviews SR & ED claims. The Quebec Ministry of Revenue (MRQ) reviews the financial side of almost all claims in Quebec. We are there to prepare your experts and support you throughout this process and until its conclusion. We work with the tax authorities to ensure they understand the rationale for your SR & ED claim. We are very familiar with the SR & ED tax rules and policies. We support you in all audit processes, we promote communication and mutual understanding in order to avoid costly re-assessments.
• Prepare a notice of objection. The Canada Revenue Agency (CRA) sometimes disallows SR & ED claims in whole or in part. If you disagree with their findings, we know the mechanisms for resolving disputes. The first step in this case is to prepare a notice of objection within the relatively short period of time that is established. We have already done that. We have already won some of these claims.
• Represent as an expert witness or external SR & ED counselor. Some files can not be resolved with CRA employees. They are then assessed and the objection is rejected. Even at this stage you have the right to disagree. We support you and your lawyer when you need an expert witness new to your claim in your representations to the Canadian Tax Court.

R & D Action is the expertise at your fingertips. Contact us, free evaluation.