Changes to the SR&ED Program
The Scientific Research and Experimental Development (SR&ED) tax incentive program provided $3.6 billion in tax assistance for research and development in 2011. In the past year, the SR&ED program was reviewed by an Expert Panel which presented a series of recommendations to the federal government. As a response to the recommendations of the Expert Panel, the […]
Email Fraud Alert from the CRA
The Canadian Revenue Agency (CRA) posted an Email Fraud Alert yesterday, cautioning taxpayers to be aware of a phishing scam posing as CRA communication. Phishing is an attempt to acquire secure, personal information from individuals or businesses, such as user names or credit card information, by posing as trustworthy entity in electronic or other communication. […]