SR&ED IT claims pose challenges to SR&ED consultants, due to the complexity of the claims and the subtle approach the CRA has taken to evaluating IT SR&ED claims. Specialists are needed, and therefore TCEG provides access to qualified technical consultants with years of recent industry experience to ask the right questions, evaluate the client's projects, draw out the costs and evidence of costs, and prepare a detailed report summarizing findings.
As specialists in IT, TCEG prefers to deal with SR&ED consultants rather than end clients, leaving the specialized work of interpreting the tax guidelines and accounting structures and client relationships to the SR&ED consultants who have specialized in this.
TCEG's Consultants have an excellent track record with Information Technology (IT) SR&ED claims, with a 100% success rate, and maintain good relationships with SR&ED consultants and their clients.
Having a well-prepared report, prepared by TCEG, assists clients in explaining their claims properly in the event of an audit. TCEG Consultants also provide technical assistance during an audit on the technical merits of the claim. At the same time, the due diligence involved in proper IT SR&ED evaluation and report writing can catch improper claims before they go all the way to the CRA, and can reduce SR&ED consultant costs significantly, since improper claims can be terminated before major costs are incurred. Audits are less likely when claims are well prepared, because the process of writing the report properly involves asking the right perceptive, insightful and relevant questions in advance, when there is more time, and making sure these questions are properly answered within the report. In some cases, we need to ask the questions several times and in different ways to obtain the information we need - an opportunity which would definitely not be present in the time-limited environment of an audit. Therefore working with TCEG's staff in preparing a claim improves the odds of getting the claim approved.
TCEG has a strong capability for completing SR&ED claims on-time with a high degree of professionalism and integrity, and for communicating clearly and effectively, both with SR&ED consultants and on behalf of the consultants, as specialists in IT SR&ED, with their clients.
Complex subjects handled easily by TCEG's IT SR&ED consultants, include:
- Networking interactions
- Complex systems
- Integration of software
- Open Source Software
- Data Structures
- Operating Systems
- Software where the source code is not available, or is highly complex or undocumented
- Legacy hardware and software systems
- Specialized software or hardware modifications
- Proprietary systems
- Pattern recognition
- Fuzzy logic