Ryan’s Scientific Research & Experimental Development (SR&ED) practice has a proven history of delivering substantial results backed by a solid reputation with the Canada Revenue Agency (CRA).
Ryan’s expertise and professionalism are well respected at the Canada Revenue Agency. They provide tremendous value and optimize our SR&ED claims within the guidelines and quality standards set forth by the CRA.
Scientific Research and Experimental Development
The Canadian government has taken a leadership role in supporting research and development through its Scientific Research & Experimental Development program (commonly referred to as SR&ED). SR&ED is now Canada’s largest incentive program benefiting businesses of all sizes across all industry sectors in their quest to develop new or improved products and processes, in a lab or on the shop floor.
Ryan’s team of professional consultants has vast expertise in all fields of science and finance. The in-depth knowledge and experience of our experts, backed by our comprehensive approach, will help you fully understand the program and its subtleties, uncover all eligible projects, and optimize your claim within the CRA guidelines. We will also prepare all of the documentation and forms, alleviating the time pressures on your internal resources, and allowing you to focus on your core business.
Ryan’s premiere SR&ED practice:
- Is on the cutting edge of developments in our field, continuously improving our proprietary tools, methodologies, and approach.
- Delivers internationally-recognized expertise and world-class client service to provide a friendly, professional experience and superior results.
- Hires and develops the best engineers and tax experts in the industry.
- Provides clients with access to a proprietary documentation system powered by DOVICO software.
- Serves clients in all industries from coast to coast across Canada.
- Consistently produces high quality SR&ED claims.
- Maintains a solid reputation of professionalism and trust with the CRA.
- Helps rebuild credibility with the CRA when a company has had a bad review or experience with a prior claim, including providing tools to assist in meeting compliance requirements with the program going forward.
- Defends claims prepared by other companies and competing firms.
At Ryan, our professionals rely on expertise, experience, and skilled execution to offer the most comprehensive suite of Scientific Research and Experimental Development (SR&ED) services available in the industry, including:
- SR&ED claim preparation in all jurisdictions and areas of technology;
- SR&ED documentation review and implementation;
- Interactive Digital Media Tax Credit preparation in all provinces; and
- SR&ED claim defence.
Selecting a professional, ethical, and experienced firm such as Ryan for SR&ED support has never been more important. The Canada Revenue Agency (CRA) rightly continues to evolve the SR&ED program by raising their expected standards of quality in claims being submitted, hiring additional reviewers, clarifying the guidelines, and improving the T661 form to ensure taxpayer compliance. The CRA is also increasing the number of claims reviewed and denied for projects that do not qualify, or fail to be supported by adequate contemporaneous documentation. Ryan professionals understand our client's technological advancements and powerfully communicate them in a robust, CRA-prescribed technical report. Our financial experts work alongside engineers and scientists to understand the costing and documentation required to file your claim in compliance with the government's guidelines.
The Ryan SR&ED difference is our commitment to providing clients with:
- Experience and Expertise – Ryan has assembled a dynamic team of finance, tax, and technical professionals that cover all specialized fields of science and technology.
- Professionalism and Credibility – Ryan is committed to producing and submitting strong eligible claims that meet the criteria under the SR&ED program.
- Thorough and Well-Researched Claims – Ryan prepares and documents our clients’ claims based on the assumption that they will be reviewed by the CRA, even though very few of our clients’ claims are actually reviewed.
- A Seamless and Effortless Experience – Ryan will guide clients through the process of creating a seamless and effortless application. We focus on your SR&ED claim, so you are free to focus on running your business.
- Ethical Claim Optimization – Ryan's certified accountants and tax experts work hand-in-hand with our engineers and our client’s technical teams to unearth all possible eligible expenses, ensuring claims are optimized legitimately within the CRA guidelines.
- Documentation System – Ryan offers clients a proprietary documentation system powered by DOVICO software to capture the SR&ED eligible activities and costs throughout the year. This system enhances the efficiency of preparing a claim and ensures clients are compliant with CRA’s documentation requirements.
- Quarterly Reviews – Ryan meets with clients throughout the year, not just at the end of the year when it is time to file their claim. Regular follow-ups help our clients to stay on track with documenting their experimentation, thus ensuring all expenditures are captured and documented for compliance.
Integrated End-to-End Tax Services
Ryan is focused on your overall tax performance—providing innovative solutions to the underlying causes of the errors we identify—and creating greater opportunities to measure and improve your efficiency, develop a more strategic approach to tax, and deliver outstanding value to your shareholders.