SR&ED Tax Credit Preparation & Filing
SR&ED Tax Credit Preparation & Filing
Consultation Process
- Facilitate multiple Discovery sessions with clients to consolidate technical information. This can be accomplished during on-site meetings or conference calls working around client schedules.
- Discovery sessions are conducted with the use of a digital voice recorder to ensure all relevant technical information is captured/reported.
- Utilize investigative questioning techniques to pursue/vet technical details behind the science for the underlying technology.
- Focus on maximizing the financial portion of the claim by utilizing SRED Innovation labour reports to correctly allocate labour with accuracy.
- Writing sound technical narratives that satisfy the criteria for Technological Uncertainties, Systematic Investigation/Work Performed, and Technological Advancements.
- Provide feedback to clients throughout the process of writing the technical narratives.
- T661 Part 2 project narratives are prepared using Corporate Tax Prep or Profile tax software for inclusion with the T2 Corporate Tax return.
- Consolidate all relevant SR&ED technical and financial supporting documentation to support CRA Objective Evidence requirements.
- Defending claims during a CRA Technical and/or Financial Review.