Author Archives: Scott Holmes

Like many Technology companies in Canada we participate in the governments SR&ED program every year.  The SR&ED program helps small and large companies reduce the financial risks associated with taking on the challenges of performing leading edge research and development qualified projects. Approximately 4 weeks ago we had a financial review for our 2010 SR&ED [...]

The term management generally is coined with the term responsibility.  When using consultant firms for filing SR&ED claims, for the most part, it is the manager that answers to the consultant.  Being responsible for employees is tough enough, let alone being responsible for the information they provide regarding their SR&ED work.   Precision SR&ED software ensures [...]

 SR&ED or the Scientific Research and Experimental Development program is a tax incentive program primarily funded from the federal government to assist Canadian businesses of all sizes and divisions to conduct research and development in Canada.  The SR&ED program is run by the CRA (Canadian Revenue Agency) and has been around for 20+ years.  The federal and provincial [...]

SR&ED tax claims are not always subject to review.  But those that are, can rest assured that Precision SR&ED’s software will reinforce your T661.  This innovative tax software offers a wide range of ways to back up your work performed throughout the tax year. Time stamped labour is an essential tool in sr&ed software.  Essentially [...]