Filing an SR&ED claim is one thing—getting it approved without issues is another. While not every claim gets reviewed, the CRA may request additional details or supporting documentation to verify your claim. The key to passing a CRA review successfully is consistency, coherency, and honesty. Your 3Qs, financial data, and supporting documents must align perfectly—with…

Filing an SR&ED claim comes down to two parts: 1) The 3 Key Questions (3Qs) on Form T661 – This is where you explain your R&D work to the CRA. If you get this part right, the rest is just paperwork. 2) The Financial Forms (T661, Schedules 31, 566, 508, 568, etc.) – This is…

Filing an SR&ED claim isn’t just about proving your work qualifies—it’s about proving it happened in case of an audit. The #1 reason claims get delayed or rejected? Lack of proper documentation. Without clear records, the CRA may reduce or deny your refund. But businesses with organized documentation get faster approvals, fewer audit questions, and…

Many businesses leave money on the table because they don’t structure expenses correctly. Salaries, materials, subcontractors and third-parties have different claim rates—optimizing these can increase your refund significantly. This guide breaks down strategies to maximize your claim while staying 100% compliant. 1. How to Structure Payroll for Maximum SR&ED Refunds A. Prioritize Salaries (T4) Over…

Filing an SR&ED claim isn’t just about knowing if your project qualifies—you also need to understand what expenses you can claim and how much you’ll get back. Many businesses miss out on thousands of dollars because they don’t include all eligible costs in their claim. In this guide, we’ll break down what expenses qualify, how…

Many Canadian business owners assume SR&ED is only for big tech companies or scientists in lab coats—but that couldn’t be further from the truth. If your company is working to develop new or improved technologies, products, or processes, you might qualify for one of Canada’s most valuable tax credits. This guide breaks down exactly who…

Introduction: Why SR&ED Matters for Canadian Businesses Are you a startup founder, innovator, or small business owner working on new technology, products, or processes? If so, you might qualify for one of Canada’s best tax incentives—the Scientific Research & Experimental Development (SR&ED) program. The SR&ED tax credit helps businesses recover a large portion of their…