A look at SR&ED in 2018 and beyond

Some background and context The SR&ED tax credit program has been in existence since 1985. The Budget Papers published in 1985 stated that the purpose of the program was to keep Canadian businesses

Government essentially cutting billions from innovation funding, CATA says

For years, Russ Roberts has argued that despite its much-vaunted "innovation agenda," Canada's federal government has functionally reduced innovation spending by billions of dollars by reducing Scientific Research and Experimental Development (SR&ED) tax

“Internet vulnerability” behind weekend’s CRA website shutdown

Canadians looking to get a head start on filing their taxes by going online experienced a setback this weekend. After "becoming aware of an Internet vulnerability that affects some computer servers used by

CRA to expand EFT audits in 2017, PwC warns

The next two years will see an expansion of the Canada Revenue Agency's efforts to review international funds transfers (EFTs), which means many taxpayers can expect to see an “EFT letter” next year, according

3 tips for applying for SRED, from the Canada Revenue Agency

It’s hard out there for businesses seeking to try new technologies – while the rewards can be huge, there’s always the risk of failure. But businesses press on anyway, researching ways to improve

Government agencies still vulnerable to Heartbleed, study says

The Heartbleed OpenSSL bug just refuses to die. Now it looks as if the measures many web sites, including some belonging to Canadian provincial and federal governments, may still be at risk despite

Payroll solutions provider Wagepoint beta-launches in the U.S.

Correction: The original version of this story and its accompanying headline said Wagepoint had launched in the U.S. Wagepoint is currently in a beta launch. The story also quoted Rao as saying: "If

RCMP nab suspect in Heartbleed attack on Canada Revenue Agency

The Royal Canadian Mounted Police (RCMP) said Wednesday it arrested a 19-year-old man from London, Ont. who is alleged to have used the Heartbleed computer bug to steal 900 social insurance numbers from

CRA loses 900 SIN numbers through Heartbleed bug

The Canada Revenue Agency (CRA) has suffered a data breach thanks to the Heartbleed vulnerability, losing about 900 Social Insurance Numbers (SIN) of taxpayers stored in its database. First reported last week, the

Canadian websites hit by Heartbleed vulnerability

CRA shuts down netfile service over Heartbleed concerns

With just over two weeks to go before the April 30 tax deadline, the Canada Revenue Agency has shut down parts of its website over security concerns around the newly-discovered Heartbleed vulnerability. A

Federal government cracks down on ‘zapper’ sales suppression software

Canadian businesses that use, possess, or acquire electronic sales suppression (ESS) software or devices will now face penalties of up to $50,000 per infraction as the Conservative government announced new measures today in

High-tech tax tips for small business

Tax time can mean big headaches for smaller businesses. But it doesn’t have to. Here are some tips to help your SMB squeeze the most benefit from technology-related expenses, write-offs and tax credits.

Tax season scams and how to avoid them

You may not want to think about your taxes until the last moment, but online scammers are already plotting to separate you from your tax refund and your identity. Scams for the 2011