SR&ED Tax Credits

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Fiszman Tax Law can handle SR&ED (Scientific Research and Experimental Development) Tax Credits defense, providing essential services to businesses aiming to claim and defend research tax credits. Here's how Fiszman Tax Law can assist you.

‍Audit Support and Defense

‍Representing You During CRA Audits: If the CRA selects your SR&ED claim for an audit, Fiszman Tax Law represents you throughout the process. They respond to any questions the CRA has, provide additional documentation if needed, and defend the eligibility of your claimed activities and expenses. The goal is to ensure your claim withstands scrutiny so you receive the credits you're entitled to.

Objection and Appeal

Challenging Unfavorable Decisions: If the CRA denies or reduces your SR&ED claim, Fiszman Tax Law can file a notice of objection on your behalf. They prepare a detailed submission outlining why your claim should be accepted, using legal arguments and evidence. The firm represents you in discussions with the CRA's Appeals Division to try to resolve the issue in your favor.

Litigation

Taking Legal Action if Necessary: If the dispute cannot be resolved through the objection process, Fiszman Tax Law can take your case to the Tax Court of Canada. They handle all legal paperwork, such as drafting the notice of appeal, and represent you in court proceedings to challenge the CRA's decision. The aim is to prove that your activities meet the SR&ED criteria so you can receive the full benefits.

Ensuring Compliance

Keeping Everything Above Board: Throughout the entire process, Fiszman Tax Law ensures your SR&ED claims comply with all relevant tax laws and CRA guidelines. This minimizes the risk of disputes and maximizes your chances of a successful claim. Compliance involves following the CRA's requirements for systematic investigation, proper documentation, and accurate reporting of your R&D activities and expenses.

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