In 2015, the Canada Revenue Agency made changes to the guidance document, “Eligibility of Work for SR&ED Investment Tax Credits Policy,” which outlines work that can be considered [...]
Over the years, the Canadian Advanced Technology Alliance (CATA) has argued that while Canada’s innovation agenda receives a lot of hype, the federal government has been reducing SR&ED [...]
Grain farmers are members of many different R&D organizations in Canada, through checkoffs deducted from grain cheques. For instance, in Saskatchewan province alone, there are 10 different [...]
Navdeep Bains, the Minister for Innovation, Science and Economic Development wants to make innovation a core Canadian value, in order to build a path to a stronger middle class and higher-quality [...]
Water that is used to carry out SR&ED work is generally not considered as a material for SR&ED. Its cost may only be treated as an SR&ED ‘overhead and other expenditures’ [...]
Proposals by the US government have called for a reduction of the corporate tax to 15 percent. This includes pass-through businesses that are small/medium size, where businesses pass earnings to [...]
Innovation is essential for creating new jobs in today’s knowledge economy. Canada is the world’s 11th largest economy and has plenty of room to improve. Innovators have time and again [...]
In Les Abeilles Service De Conditionnement Inc. v. The Queen (2014 CCI 313), Justice Jorre ruled in favor of the taxpayer’s SR&ED claims that related to four different projects. The goal of [...]
The Canadian Department of Finance released a draft package of technical amendments to the Income Tax Act (ITA) on September 16th, 2016. Among them were the following changes to the existing [...]
Many small and medium-sized companies do not believe that the SR&ED tax credit can be a good source of funding for them. Often, they do not realize that a research lab is not required to [...]
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I approached 3 different R&D tax consulting firms for quotes and not only was Swanson Reed the most responsive, they were the best priced and performed the most services in the quickest amount of time. I was skeptical at first but just got my final pack and am stoked it was all true. Would give 6 stars if could.
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Daniel McGregor
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I have been using Swanson Reed for my clients for more than a decade. Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients.
Highly recommended.
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John
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Damian and the rest of the team at Swanson Reed have been supporting us for several years. We always appreciate their insights, expertise, and efforts.
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Rueben Rajasingam
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Experienced responsive Team. They have been a great help to me and my company navigate the R&D tax claim process and have provided invaluable advice.
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Enrique Esquivel
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Damian and the team at Swanson Reed have been extremely helpfully and professional during all of our consultations. Highly recommended.
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Anatole Kononewsky
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The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
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Payam Toloo
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Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
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Melissa Doddy
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The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
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Gary Watson
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We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
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