Via Toronto Tech Lawyer Rob Hyndman, TechSMB.ca is becoming a great resource for small business owners with content written by industry veterans and other small business owners. Last week guest contributor Jason Schwandt covered SR&ED tax credits and explains why small business owners should have a closer look.
Many companies, however, overlook this source of revenue because they don’t think they qualify, or due to a perceived lack of time, resources, or expertise to properly identify eligibility and manage the claims.
“SR&ED…can help companies who conduct their development work in Canada recoup substantial portions of their R&D expenditures, and bring direct benefits to their bottom line”
The following article answers some common questions regarding the SR&ED program, and we think you’ll quickly see that qualifying for a claim and putting your company on a path for dollar recovery may be more straightforward than you think.
Be sure to read the complete article here.<
Rob Hyndman is a technology business lawyer practicing in Toronto, Ontario, Canada. Prior to starting Hyndman | Law, Rob practiced in New York,... [more]
Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.
His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University.
When not blogging on...[more]