Author Archives: admin

As of May 3rd, 2011, the CRA has once again revised the Scientific Research and Experimental Development claim form (or T661).  The revision of the T661 will hopefully expedite the processing of claims, but it is always best to know what to expect. Firstly, under Part 2 – Section A, one will notice that box [...]

“The ability to offer our clients a top-notch SR&ED time and documentation tracking system like Precision adds to our value proposition tremendously. The system is fast, easy to use, and SR&ED-specific, so that there isn’t extraneous clutter like that on other generic time/project management systems. It’s a full-featured system, coupled with a terrific customer support [...]

The CRA offers businesses a great incentive in earning back some of their revenue through the SR&ED program.  One of the greatest obstacles in filing a claim and maximising the return is the recording of labour and expenses. There are several reasons SR&ED labour tracking and expense recording is so difficult.  First and foremost would [...]

New Video: Will the Jetpack qualify for the SR&ED tax credit? Watch and find out!

Precision SR&ED recently met with SR&ED Consultant, Gustaaf (Guus) de Man, to talk about how SR&ED software improves claim efficiency.

My clients have started using the Precision SR&ED software, and simply put, they just love it. It makes it so much easier for them to get into the routine of logging and tracking their SR&ED projects. But that’s only the half of it. When I have detailed information about their projects upfront, I spend a [...]

Precision SR&ED recently met up with SR&ED consultant Ken Phillips who talked about the benefits of using the Precision SR&ED software platform for his SR&ED clients.

Recent reports indicate big changes for the SR&ED program. In this new, tighter economy, the CRA is taking more precautions to ensure that government programs, such as SR&ED, are operating within updated regulations and compliance. Some of these new guidelines suggest that SR&ED data will need to be collected and documented using more precise methods. [...]

How do you manage your SR&ED data? New initiatives from the Canada Revenue Agency (CRA) regarding the process of conducting a SR&ED review make it more important than ever to keep a precise record of your SR&ED information. Precision SR&ED can help organize, track and collect the objective evidence required by the CRA to submit a SR&ED claim.

The Precision SR&ED software has made it easier than ever to manage the objective evidence required for your SR&ED claim. Here we have put together a list of the Top 5 reasons the Precsion SR&ED software is a must-have for your next claim.