The SR&ED program is a government initiative designed to support businesses conducting research and development (R&D) in Canada.
By providing tax incentives, the program helps companies offset the costs associated with innovation and technological advancements.
Eligibility Assessment: We evaluate your projects to determine which R&D activities and expenses qualify for SR&ED tax credits.
Comprehensive Documentation Support: Our team assists in preparing accurate technical reports and financial records to support your claim.
Claim Preparation & Filing: We handle the entire claims process, ensuring submissions are detailed, compliant, and optimized for maximum returns.
Audit & Review Assistance: In case of a CRA review, we provide expert guidance and representation to support your claim’s validity.
Ongoing SR&ED Strategy Development: We help implement tracking systems and best practices to streamline future claims and ensure long-term success.
To fully capitalize on SR&ED tax credits, businesses must provide detailed documentation of their R&D activities, expenses, and employee involvement. Proper record-keeping ensures compliance and increases the likelihood of a successful claim.
Expert assistance can streamline the claims process, helping businesses:
Identify qualifying expenditures and activities
Prepare accurate and detailed claim submissions
Minimize the risk of audits or rejections
There are many tax accounting firms to choose from, below you will see how we stack up against them.
Full cycle service that includes corporate tax filing, advisory and internal auditing that maximized the eligible claim for the credit
Working with a team that has experience in multiple disciplines that are related to research and development.
Experience working with the CRA and NRC on minimizing risk of audits and rejections of incentive.
Competitive rates compared to SR&ED.
– Danny Khanna, Managing Director
Below you will find written reviews from our clients who are satisfied with our services and promises.
We will help you unlock the full potential of your Scientific Research & Experimental Development (SR&ED) tax credits with our expert consulting services.
We help businesses identify, document, and claim eligible R&D expenditures, ensuring they maximize available tax incentives while staying compliant with government regulations.
Businesses can recover a significant portion of their R&D expenses, with eligible costs qualifying for both refundable and non-refundable tax credits. Some companies may receive up to 70% in reimbursements, reducing overall financial risk.
The program applies to various industries, including technology, engineering, manufacturing, pharmaceuticals, and software development. Qualifying activities include product development, process improvements, software innovation, and experimental testing.
By leveraging SR&ED tax credits, companies can reinvest in R&D efforts, accelerating growth and staying ahead of industry competitors.
Managing Director
“I’ll be your main point of contact for all things trader accounting.”
Senior Accountant
“I’ll help setup and manage your accounting & tax.”
– Dilan Ropero, Senior Accountant
Oakfront Accounting has been operating for 6+ years helping a wide variety of clients including construction and contracting.
Because accounting is a service which is fully customized based on your needs, we suggest you schedule a demo with us to get a final price.
Currently we support QuickBooks, Xero, FreshBooks, and Wave. If you have another accounting software outside of these providers, reach out to us and lets see if we can help.
Depending on whether we’re able to support your current accounting software it can take 1-2 days. However if you’re using a software that we’ll need to migrate its data too, this may take 5-7 days.
We can help you setup your corporation, or sole-proprietorship. If you’re looking to incorporate in other countries, reach out to us and we’ll see how we can assist you with this as well.