Maximize your refundable credits through the SR&ED and Digital Media Tax Credit program
Canadian companies that are in the space of Interactive Digital Media product development are not fully aware that they could easily be eligible for both Scientific Research and Experimental Development [...]
Plan your Management Compensation for SR&ED wisely
In a closely held/small business, oftentimes the owners are the main workers. If the activities of this company are SR&ED eligible, then how the owners get paid can make a [...]
Finding a great accountant for your business – Why and How
As a small business you understand that you need to maintain accounting records and file taxes as required by various laws. However, something that small business owners ignore is that [...]
How slower growth of R&D in Canada is leading to intellectual underemployment
According to 2013 OECD statistics, Canada spent double of the average OECD country, and over 2.50 times spent by USA on higher education. In contrast, Canada’s business expenditures on R&D [...]
Canada needs a better R&D strategy to boost Canadian economy
According to the Global Competitiveness Report (2014-2015) of World Economic Forum (WEF), Canada is ranked 15th out of 144 countries in its annual world competitiveness index, which means the country [...]
Determine your eligibility: Does your work qualify for SR&ED tax incentives?
Under the SR&ED program, you can get an investment tax credit in the form of a cash refund or reduction of taxes you owe. Alternative, you could get both. However, [...]
6 Facts You Need to Know About SR&ED
The Scientific Research & Experimental Development (SR&ED) tax credit program is a Canadian federal tax incentive program that encourages Canadian businesses to invest in and conduct research and development (R&D) [...]