Profit Science

Profitscience specializes in maximizing the SR&ED tax credit for clients while minimizing their audit risk.

We take care of everything that is involved with preparing, submitting and defending your SRED claim right up until you get your check or credit. Our goal is to minimize the workload for our clients while maximizing their SR&ED claims. To deliver on both fronts, we perform the following services for all of our valued clients:
- Meet with your technical leaders to assess which projects and activities may be eligible for the SR&ED tax credit
- Position each eligible project to maximize the associated SRED tax credit
- Develop your SR&ED technical report
- Assist your accountant with the preparation of the federal and provincial SRED tax forms
- Analyze and suggest improvements to your internal SRED tracking and costing process to justifiably increase the size of your SRED claim in subsequent years

In the event of an audit:
- Develop a SRED audit defence strategy;
- Prepare internal team members by conducting an SR&ED audit dry run;
- Attend and facilitate the the SR&ED audit with CRA;
- Prepare and submit any supplementary information requested by CRA