SR&ED Tax Credits
SR&ED Tax Credits Services
The SR&ED program is part of the Income Tax Act, and while all Canadian businesses are eligible to claim SR&ED tax credits for projects that meet the program requirements, it remains very complex program to navigate. TacticSee customizes their services to your needs no matter how big or small through TacticSee’s proprietary six step approach.
Services
Detailed Mapping
Technical Analysis
Financial Analysis
Audit Support
Communication with the Government
Account Managment
Detailed Mapping
TacticSee conducts a detailed training on the SR&ED eligibility criteria, documentation requirements and recent changes to the program. TacticSee then conducts a brainstorming session to identify all SR&ED activities conducted within company development as well as expenditures associated with the SR&ED activities identified. Based on the information gathered, TacticSee develops the claim roadmap.
Technical Analysis
TacticSee conducts detailed technical interviews for all activities and projects identified, which TacticSee then uses to develop the claim strategy to ensure TacticSee maximizes the claim and capture every eligible dollar. TacticSee’s team of industry experts prepare technical narratives that meets the program requirements. Frequent meetings are scheduled to support you to document the SR&ED in real time; this is to ensure that TacticSee doesn’t overlook any claimable activities yet well documented to meet the contemporaneous documentation requirements.
Financial Analysis
TacticSee’s industry experts build proprietary financial models to capture all cost associated with each / every eligible project / activity conducted within company development. TacticSee prepares tax schedules and communicate with your accountant to submit a complete technical and financial claim in a timely manner.
Audit Support
TacticSee provides full audit support in case of a review with Canada Revenue Agency (CRA), TacticSee’s team fully manages the audit with CRA along your side. TacticSee assists in gathering all projects’ documentation and conduct dress rehearsals before meeting with CRA. TacticSee will follow up with CRA after the audit to provide any additional information requested during or after the review.
Communication with the Government
TacticSee is responsible with the communication with all levels of the CRA until you receive the tax credits you are entitled for. TacticSee stays abreast with the latest legislation and policy changes, providing feedback to you to make any necessary adjustments.
Account Managment
TacticSee’s forward-thinking strategy and Account Management is TacticSee’s core philosophy and methodology to maximize your government funding. TacticSee will assist you by providing documentation system to further assist you to capture the SR&ED activities in real time. TacticSee will introduce other government incentives that your business can take advantage of as they become available.