SCIENTIFIC RESEARCH & EXPERIMENTAL DEVELOPMENT
The Scientific Research and Experimental Development (SR&ED) Program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada.
CrossDynamix employs scientific research and experimental development (SR&ED) professionals with the finest cross-disciplinary credentials. Our team of engineers, computer scientists, accountants, and tax practitioners have the expertise required to understand the issues and challenges you face and to match your industry needs. To help you optimize and support your claims, we will bring our extensive technical, financial, tax, industry and regulatory experience, including working with the Canada Revenue Agency (CRA).
Companies who have submitted successful claims for years are now being told that their SR&ED does not qualify resulting in their refunds being reduced or rejected. We have noted two reasons for this. The first is an increased requirement by the CRA for contemporaneous documentation that support the costs and activities carried out within a project. The second is a difference in interpretation of section 248(1) of the Income Tax Act (ITA). Specifically, what the CRA considers to be SR&ED versus what recent Tax Court of Canada (TCC) jurisprudence has determined to be valid SR&ED.
CrossDynamix can help mitigate your exposure to these issues. We complete SR&ED lifecycle eligibility identifications, project technical descriptions, costing, and assist with filing preparation and tax strategic planning. But we go well beyond this by rigorously defending your claim, working with CRA auditors to provide exactly what they are looking for, and if necessary we can escalate issues directly to the CRA management ultimately responsible for making approval decisions. Moreover, we are industry leading experts in writing Notice of Objections and filing TCC appeals for SR&ED.
Initial qualification of eligibility or an in-depth review of your previous claim(s) by one of our experts is performed free of charge and under no obligation. If you are currently claiming SR&ED but are looking for a provider who can make the process easier or help you recover credits that were previously denied, we would be happy to discuss the CrossDynamix service approach or offer a competitive quotation.
We use our vast experience in technology and deep understanding of policy, process, and the law to facilitate an efficient SR&ED claim preparation process.
CRA AUDIT SUPPORT
Our team has been successful where other SR&ED providers have not because we focus on developing strong relationships with CRA representatives.
NOTICE OF OBJECTIONS
We develop arguments in the context of policy and the law so that a previously denied SR&ED claim can be reviewed and approved by a CRA appeals officer.
TAX COURT APPEALS
If your Notice of Objection is unsuccessful, CrossDynamix can facilitate appeals to the Tax Court of Canada and negotitate settlements on a cost-effective basis.