The Business Development Bank of Canada (BDC) has recently announced that it has terminated its SR&ED consulting service. The BDC has directed its ex-customers to rely either on their external accounting firm or independent SR&ED consultants who perform these duties. In fact, many of these clients were unaware that it is not employees of BDC who are preparing tax credits for SR&ED, but external freelance consultants in their database who were contracted on behalf of the BDC.
If you have used the BDC’s SR&ED consulting services, you now have the opportunity to re-evaluate which SR&ED firm you would like to work with in the future. There is no obligation to continue working with the consultant initially referred to you by the BDC. Do what many BDC “orphans” have done already and contact Emergex today!