Does your business need help offsetting its costs for research and development efforts? If your company focuses on progressing and innovating your industry’s work and technology, then it could be eligible for SR&ED tax credits. The SR&ED Program is the largest source of federal government support for research and development in Canada, providing over $4 billion to over 18,000 claimants each year. While it may be second nature to ask your in-house finance team to help file your claim, did you know that there are experts in the industry who can help you streamline the process?
At CI Solutions, we offer SR&ED consulting services to help Canadian companies like yours maximize their SR&ED tax credits. With years of experience in the field, we understand the challenges of running and growing a business in today’s economy. That’s why we make it our priority to help Canadian companies like yours identify, develop and process SR&ED claims.
Debating between filing your claim in-house or asking an expert for help? Learn why you need an SR&ED consultant on your case:
Your in-house accountants can help you file your business’ taxes, but it’s important to remember that filing an SR&ED claim is far more complex. Not only does it involve a lot more paperwork in comparison, the SR&ED guidelines itself can be difficult and confusing for those who don’t specialize in SR&ED claims.
When filing a claim for SR&ED tax credits, the CRA looks for specific information in the company’s report which must be submitted. Unfortunately, without the proper knowledge and experience, inexperienced technical writers may overlook the importance of certain aspects of the report; consequently, your company could experience delayed or lost benefits in your SR&ED Claim.
Don’t risk your SR&ED tax credits. Save yourself and your team of accountants from the headache by reaching out to an SR&ED consultant for help.
Did you know that working with a specialized SR&ED company to prepare and file your business’ claim could save you valuable time? While 90-minute webinars may help you gain a general understanding of the SR&ED program, the reality is that it will not provide you with enough information to file a strong and adequate claim.
When preparing or filing your SR&ED claim on your behalf, our consultants break up the tasks by categories. This means that oftentimes, one specialist will focus on the technical writing aspect of the claim, while another manages the financial side of it. Not only does this ensure the quality and reliability of your claim, it also helps your business maximize its chances of receiving an adequate return.
Ensure that your company doesn’t miss out on key expenditures, and receives the best return possible when you invest in our SR&ED Consulting services. Using a proven streamlined process to guarantee favourable results and success, business owners like you can file an SR&ED claim without lifting a finger. Instead, you can give your other business operations or product and development efforts your undivided attention.