Most companies that have gone through an audit of their SR&ED claim by CRA will likely say that the process was not pleasant and disincentive. Although, it may not always be possible to avoid a SR&ED audit, there are proactive…
Under the Time Limits and Other Periods Act (COVID-19), the Canada Revenue Agency has received a ministerial order to extend certain deadlines imposed under the Income Tax Act. For more information, go to COVID-19 Ministerial Orders. The SR&ED reporting deadline is…
The COVID-19 pandemic continues to have a significant impact on all aspects of Canadian society, and businesses are no exception. Organizations have been challenged to be able to shift operation, deploy new technologies, and navigate their business plans in order to…