With TSI, you know you can rely on a disciplined process that ensures nothing is overlooked. Our methodology of approach for SR&ED includes the following key steps, many of which are unique to TSI and unsupported by other consultants in our industry.

1. Establish a kickoff meeting with our account manager, technical consultant, and financial consultant to obtain top-level information about your project activities
2. Develop an understanding of your needs, goals, and strategies, and look for opportunities to apply government funding programs other than SR&ED to meet your objectives.
3. For SR&ED activities, identify projects that are eligible (including those that may not be immediately obvious)
4. Gather technical information from your team, primarily via an interview-based approach. Our process seeks to minimize the amount of time your team needs to allocate.
5. Gather financial information from your team and conduct a costing analysis
6. Prepare a technical report articulating how your projects meet the eligibility criteria, a financial costing analysis corresponding to your activities, as well as applicable tax schedules.
7. Review our report and financial analysis with you
8. File your claim directly with CRA or submit our work to your accountant for filing.
9. As necessary, prepare and coach you for a technical or financial review meeting with the CRA, and make all written representations to the CRA as required.
10. Actively follow up with the CRA on a regular basis to determine the status of your claim. In most cases, TSI is able to notify you when to expect your refund cheque before it arrives.
11. If not already established, deploy a time-capture and documentation-capture system that fits within your corporate culture with minimal impact. Having suitable supporting documentation leads to a credible claim, so TSI works to ensure you have a solid system in place. TSI will coach your team how to most effectively capture information to support SR&ED claims.
12. At our clients’ convenience, we schedule regular checkpoint meetings to identify new projects and ensure documentation is being kept and hours tracked. While many consultants meet with clients once a year, we find that more regular interaction ensures more successful claims and delighted clients.
13. As part of our tax credit service offerings, we continue to develop a strategic partnership with our clients.  By understanding our clients' strategic goals as part of the SR&ED process, we are able to offer a complimentary assessment of other government grant and loan programs which may also be applicable to our clients.