A Guide to Choosing Among 17 R&D Tax Credit Specialists in Toronto

Maximizing your tax refund means leveraging deductions, credits, and smart financial planning—so you keep more cash to reinvest in your next big idea. Canadian businesses investing in innovation can claim valuable incentives, but the claim process is full of hurdles. Filing mistakes, missed opportunities, and CRA audits can cost you a lot.

That’s where R&D tax credit specialists can help you out. They help you secure every dollar you’re entitled to while keeping your filings smooth and risk-free. Let’s see the top experts who can handle this for you.

TL;DR Top 17 R&D Tax Credit Specialists in Toronto

1. Inference PM: Offers a 100% success rate and over $4M in SR&ED refunds with a personalized service approach.
2. SR&ED Coach Canada: Notable for over $50M in successful claims and a family-like service experience.
3. Quantum Ledger CPA: Known for over 12 years of experience and a highly qualified CPA team.
4. Exactera: Stands out with AI-powered solutions for efficient and accurate tax compliance.
5. G6 Consulting: Specializes in a customer-centric approach and only gets paid after successful claims.
6. Kruze Consulting: Distinguished by clients raising over $15 billion in VC funding and a deep expertise with startups.
7. Cherry Bekaert: Offers a technology-driven R&D survey process and systematic approach to maximize R&D tax credits.
8. SRJ Chartered Accountants: Known for a cloud-based approach and personalized service tailored to small businesses.
9. FI Group USA: Brings over 24 years of global experience and a client-centric approach to securing significant savings.
10. Leyton: Provides global reach with local expertise and claims over $1 billion in tax relief with a specialized SR&ED team.
11. RDP Associates: Offers a proprietary Innovation Connection Program to streamline SR&ED claims efficiently and secure over $500 million in funding.
12. Tax Doctors Canada: Known for stress-free CRA settlements and nationwide secure remote tax assistance.
13. BPM: Brings over 35 years of experience and is ranked among the top 50 U.S. accounting firms by providing multidisciplinary expertise in SR&ED tax credit services.
14. CG Accounting: Offers flexible communication and personalized service with expertise in the beverage alcohol industry.
15. RD Partners: Boasts a $200 million success rate in securing SR&ED credits, with a specialized team for technology firms.
16. Toronto Starts: Canada's largest startup community that provides free SR&ED resources and personalized coaching.
17. Propulsio 360°: Claims a 99.9% success rate in SR&ED refunds and offers competitive flat-rate pricing with a multidisciplinary team.

What Is the R&D Tax Credit?

The R&D tax credit helps Canadian companies recover costs for innovation, including experimental development and technological advancements.

According to the Government of Canada, in the Fiscal Year 2022-2023, businesses filed 20,464 claims, with 91% accepted as filed and 6% approved after modifications. The government allowed CAD 3.6 billion in Investment Tax Credits (ITCs).

Canada’s SR&ED program supports projects that solve technological challenges and cover wages, materials, and contractor fees. To qualify, your work must seek advancement in science or technology. Filing correctly means more savings and fewer risks, which makes expert guidance a smart move for your business.

Let's continue by talking about the benefits of an R&D tax credit specialist.

Why Do You Need an R&D Tax Credit Specialist in Toronto?

You need an R&D tax credit specialist in Toronto to maximize your claim and reduce risks. Filing on your own can lead to errors, missed eligible expenses, or even CRA audits. Experts can help you handle the tax credit process efficiently by ensuring compliance and securing the highest possible refund for you.

A Toronto-based firm can help you with local tax laws and provincial credits to give you an edge. Tax specialists can also support you with proper documentation, which is key to avoiding rejections. Without the right support, you could leave money on the table or, worse, face costly mistakes that slow down your client returns and funding.

"Research and development needs permanent tax credits to build the technology that spurs our growth." - Ernest Istook, Lawyer and former United States Representative

Now that that's all taken care of, let's take a look at some of the best R&D tax credit specialists in Toronto.

Top R&D Tax Credit Specialists in Toronto

Finding the right R&D tax credit specialist can make all the difference in maximizing your refund and avoiding mistakes. Here are some of the top firms in Toronto that can help you secure the tax incentives your business deserves.

1. Inference PM

Inference PM is a tax specialist that delivers real results and stands out with a 100% success rate in securing SR&ED refunds. With over $4 million in tax credits recovered and a team of professionals with 25+ years of combined experience, this firm takes the stress out of the claim process and ensures you get the best return possible.

Here's what Inference PM offers:

• SR&ED eligibility assessment with your CTO, lead engineer, or project manager.
• Detailed documentation and financial analysis for qualified expenditures.
• Full claim preparation and submission to the CRA.
• Personalized audit support to protect your refund.
• Expedited services for time-sensitive claims.

Unlike firms that use a one-size-fits-all approach, Inference PM provides a hands-on, tailored service. It has an award-winning financial expert recognized by the 2024 Canadian Choice Award.

Clients also praise their deep knowledge in handling complex claims with minimal disruption to their teams. Inference PM has worked with Visto.ai, PostGrid, MyStudia, and Aboard to help them secure maximum returns with minimal effort.

2. SR&ED Coach Canada

SR&ED Coach Canada is a strong option if you need hands-on guidance for your SR&ED tax credit claims. With over $50 million in successful claims, it focuses on coaching businesses through the process and makes it as simple and stress-free as possible.

Here's what SR&ED Coach Canada offers:

• SR&ED coaching to help you capture and document your eligible activities for maximum returns.
• Audit support with a reported 100% success rate and no CRA clawbacks.
• IRAP project management for businesses seeking additional funding opportunities.
• Personalized service, including long-term support and ongoing check-ins.

Unlike other firms, SR&ED Coach Canada prioritizes long-term relationships, with some clients staying for over 15 years. Its family-like approach sets it apart and ensures you feel supported every step of the way.

While specific companies are not publicly listed, the firm has worked with a wide range of Canadian businesses across multiple industries.

3. Quantum Ledger

Quantum Ledger CPA is a solid choice if you're looking for an experienced team to handle your SR&ED tax credit claims. With over 12 years of experience, this team of highly qualified CPAs ensures your claim is accurate and maximized for the best return.

Here's what Quantum Ledger offers:

• SR&ED consulting services to help you document and file your claim.
• Corporate tax planning to optimize deductions and potential savings.
• Audit support to handle any CRA reviews or inquiries.
• Financial advisory services to help you manage business processes efficiently.

Unlike firms that take a generic approach, Quantum Ledger provides detailed financial oversight to ensure your tax returns and credits are handled with precision. The firm's expertise spans many industries, from tech startups to manufacturing companies.

Quantum Ledger has worked with businesses across multiple industries, including software developer firms, research-driven companies, and many others.

4. Exactera

Exactera offers a tech-driven approach to your SR&ED claims. It stands out with AI-powered solutions that make tax compliance more efficient and accurate. This firm's automated systems reduce manual work and help you get the maximum refund while keeping your tax returns organized.

Here's what Exactera offers:

• AI-powered claim analysis to track eligible projects and expenditures.
• SR&ED tax credit preparation for streamlined and accurate submissions.
• Audit support to help you navigate CRA reviews with confidence.
• Transfer pricing and tax provision services for companies managing global operations.

Unlike traditional firms, Exactera combines artificial intelligence with expert tax guidance to simplify the claim process while ensuring compliance. Its transparent pricing model means no hidden fees, which makes it easier for you to plan your financial strategy.

Exactera has worked with global companies, including Dyno Nobel, Red Ventures, Roseburg Forest Products, Jaggaer, as well as businesses in manufacturing and finance.

5. G6 Consulting

G6 Consulting offers a risk-free approach to SR&ED claims. It stands out with its customer-first model, where you only pay once your claim is successful. G6's focus is on helping businesses maximize refunds without financial risk upfront. This makes the firm an attractive choice for companies looking to optimize cash flow.

Here's what G6 Consulting offers:

• SR&ED claim preparation to help you secure the highest refund possible.
• Audit support to handle CRA reviews and ensure compliance.
• Customized strategies for clients to align with your specific business goals.
• Post-claim guidance to optimize future R&D tax incentives.

Unlike firms that charge upfront fees, G6 Consulting works on a contingency basis, which means it only gets paid after securing your eligible credits. Its hands-on approach ensures your claim review process is smooth and hassle-free.

G6 Consulting has worked with businesses across many industries, including Trexo Robotics, Chelle Service Capital, TissueX, New Cut Metal Works, and many more.

6. Kruze Consulting

Kruze Consulting specializes in SR&ED tax credit claims with deep expertise in financial management. Its clients have raised over $15 billion in venture capital, which makes this firm a trusted choice for high-growth businesses.

Here's what Kruze Consulting offers:

• SR&ED claim preparation to help you secure tax refunds efficiently.
• CFO consulting for financial planning, fundraising, and compliance.
• Accounting and tax advisory to streamline corporate taxes and reporting.
• Financial modeling to support long-term growth strategies.

Unlike traditional firms, Kruze Consulting provides end-to-end financial solutions to ensure your business is VC-ready while maximizing funding opportunities through SR&ED and other tax programs. Its team has 11+ years of average experience and is considered a solid choice for startups dealing with tax credits.

Kruze Consulting has worked with Superhuman, Viz AI, Pequity, Avochato, and Calm.com, helping them scale efficiently.

7. Cherry Bekaert

Cherry Bekaert specializes in a systematic claim process that ensures accuracy and compliance. So, if you're looking for a structured, technology-driven approach to R&D tax credits, this might be a good option. With a strong presence in tax advisory and incentives, this firm can help your business maximize its tax refunds through a well-documented, audit-ready process.

Here's what Cherry Bekaert offers:

• R&D tax credit consulting to help you identify eligible activities and optimize claims.
• Proprietary technology tools to streamline data collection and documentation.
• Comprehensive IRS audit defense to protect your claims from scrutiny.
• Additional tax services, including international tax and state/local compliance.

Unlike firms that rely on manual reviews, Cherry Bekaert uses a technology-driven survey process to efficiently allocate qualified research expenses (QREs) and maximize your business tax credit programs.

Cherry Bekaert has worked with businesses across a variety of industries, including manufacturing, technology, and financial services.

8. SRJ Chartered Accountants

If you're a small business owner looking for a modern, tech-friendly approach to tax services, SRJ Chartered Accountants is a solid option. It specializes in a cloud-based system and makes financial management more efficient and accessible for your business.

Here's what SRJ Chartered Accountants offers:

• SR&ED tax credit consulting to help you identify eligible activities and maximize claims.
• Corporate tax services for startups and growing businesses.
• Bookkeeping and financial advisory to support daily operations.
• Personalized service tailored to the needs of small business owners.

Unlike firms that take a generic approach, SRJ Chartered Accountants focuses on small businesses and offers a hands-on, technology-driven process. Its cloud-based tools help automate bookkeeping and make tax season less stressful.

SRJ Chartered Accountants has worked with businesses in IT consulting, medical practices, and real estate to provide financial solutions tailored to their industries.

9. FI Group USA

FI Group USA is a good choice if you need a global leader in R&D tax credits with a client-centric approach. With over 24 years of experience and a team of 1,800+ experts, this firm specializes in securing significant tax savings for businesses of all sizes.

Here's what FI Group USA offers:

• SR&ED tax credit consulting to help you optimize claims and documentation.
• Grant management to identify funding opportunities at national and international levels.
• Innovation financing strategies to support long-term R&D growth.
• Audit support and technical reporting to ensure compliance and maximize returns.

Unlike smaller firms, FI Group USA brings a global perspective because it has managed over 30,000 projects annually across 15 countries. Its structured process can help your business handle complex tax systems with minimal effort.

FI Group USA has helped Triple Inc, Weldaloy, and many other companies. It has served biotech, healthcare, and manufacturing industries to help them secure R&D tax credits and innovation funding.

10. Leyton

If you want global expertise with local support, Leyton brings over 25 years of experience in securing R&D tax credits. With a specialized SR&ED team, this firm has helped businesses claim over $1 billion in tax relief, which makes it one of the largest firms in this space.

Here's what Leyton offers:

• SR&ED tax credit consulting with a dedicated team of 70+ specialists in Canada.
• Grant management to identify additional funding opportunities for innovation.
• Sales tax recovery services to uncover overpaid taxes.
• Digital tax tools, including the Leyton 4 Me app, to streamline your claims.

Unlike traditional firms, Leyton takes a technology-driven approach and offers audit support and personalized guidance to ensure a smooth tax return process. Its global presence means that it brings the best R&D practices from across 15 countries to maximize your claim.

Leyton has worked with Lactanet, EXFO, Multifix, Electroline, and Clinia to help them secure SR&ED tax credits or something else.

11. RDP Associates

RDP Associates brings over 30 years of experience in securing SR&ED tax credits and government grants for Canadian businesses. Its Innovation Connection Program (ICP) streamlines the claim process and helps companies secure over $500 million in funding while minimizing audit risks.

Here's what RDP Associates offers:

• SR&ED tax credit consulting to identify eligible activities and optimize claims.
• Government grant assistance to help you secure funding beyond SR&ED.
• Audit support to protect your claims from CRA scrutiny.
• Innovation management services to support product development and commercialization.

Unlike firms that take a one-size-fits-all approach, RDP Associates focuses on efficiency, using proprietary tools to simplify documentation and claim review. Its structured process helps businesses recover R&D expenses with minimal effort.

RDP Associates has worked with DSPA Software Inc., Cleanslate UV, Canada Cordage Inc., Vision Knit Ltd., and many more to help them secure tax credits across various industries.

12. Tax Doctors Canada

Tax Doctors Canada specializes in stress-free CRA settlements and nationwide secure remote tax assistance. With over 25 years of experience, this firm helps businesses and individuals handle complex tax issues while maximizing savings.

Here's what Tax Doctors Canada offers:

• Personal and corporate tax services to keep your filings accurate and compliant.
• Back tax solutions to resolve outstanding payments and negotiate with the CRA.
• Bookkeeping and accounting services to help you stay organized.
• Potential SR&ED tax credit assistance by leveraging tax efficiency strategies to optimize claims.

Unlike firms that require in-person meetings, Tax Doctors Canada provides secure remote tax help to make it easy to manage your finances from anywhere. Its CRA settlement expertise ensures you avoid unnecessary penalties and reduce tax burdens.

Tax Doctors Canada has served small businesses, self-employed professionals, and U.S. citizens in Canada to provide tax solutions tailored to their needs.

13. BPM

BPM is a top 50 U.S. accounting firm with over 35 years of experience providing SR&ED tax credit services. Its multidisciplinary team simplifies complex R&D claims to help you maximize tax savings while ensuring compliance.

Here's what BPM offers:

• SR&ED tax credit consulting to help you identify eligible activities and optimize claims.
• Corporate tax services to manage tax compliance, planning, and structuring.
• R&D tax credit analysis to secure both federal and provincial tax credits.
• Advisory and assurance services to support financial strategy and risk management.

Unlike smaller firms, BPM offers a global reach with local insight and provides expert guidance across industries while tailoring solutions to Toronto-based businesses. Its structured approach ensures a smooth claim review process that minimizes risks.

BPM has worked with life sciences, technology, aerospace, and manufacturing companies by helping them secure tax credits for R&D projects or other services.

14. CG Accounting

CG Accounting is a Toronto-based accounting firm led by Christina Giles, a Chartered Professional Accountant with nearly a decade of experience. The firm specializes in personalized tax solutions and makes financial management simple and stress-free for small businesses.

Here's what CG Accounting offers:

• Corporate and personal tax preparation to help you stay compliant.
• Bookkeeping and financial reporting to keep your records organized.
• GST/HST filing assistance to ensure accurate tax reporting.
• Business consulting for financial strategy and growth.

Unlike larger firms, CG Accounting offers flexible communication so you can connect through email, phone, video calls, or in-person meetings. Its experience in the beverage alcohol industry makes it an ideal choice for businesses in this sector looking for tax and financial expertise.

CG Accounting has worked with small businesses and clients in the beverage alcohol industry to provide tailored tax solutions.

15. RD Partners

RD Partners has over 20 years of experience helping technology companies secure SR&ED tax credits and government funding. With a specialized team of engineers, scientists, and tax professionals, this firm simplifies the funding process and has secured over $200 million in claims for clients.

Here's what RD Partners offers:

• SR&ED tax credit consulting to help you identify and claim eligible activities.
• E-Business and multimedia tax credits to maximize funding for digital firms.
• Grant matching system to connect you with the best available funding.
• Audit support to ensure compliance and a smooth claim review process.

Unlike firms that offer generic solutions, RD Partners focuses specifically on technology companies to ensure your R&D claims are optimized for maximum returns. Its expertise spans Canada, the U.S., and the UK, which makes it a solid choice for businesses with international operations.

RD Partners has worked with Medtronic and CQDM, as well as other startups and technology firms in healthcare and digital industries.

16. Toronto Starts

Toronto Starts is Canada’s largest startup community. It provides free SR&ED resources and personalized coaching to help entrepreneurs handle funding opportunities. With 22,000+ members, it serves as an educational hub rather than a traditional tax consultancy.

Here's what Toronto Starts offers:

• SR&ED education and guides to help you understand eligible activities and claim preparation.
• Startup mentoring from The Startup Coach offers personalized guidance.
• Funding connections to link you with government grants, angel investors, and venture capitalists.
• Community events and networking to connect with industry leaders and fellow entrepreneurs.

Unlike firms that handle filings, Toronto Starts focuses on education to help you gain the knowledge needed to secure SR&ED tax credits while pointing you to the right specialists for claims.

Toronto Starts has supported startups across Ontario in tech, biotech, and manufacturing to help them access funding resources.

17. Propulsio 360°

Propulsio 360° specializes in SR&ED tax credits with a 99.9% success rate and ensures businesses maximize their claims with flat-rate pricing instead of percentage fees. This firm's multidisciplinary team includes financial experts, lawyers, and consultants to provide comprehensive support for startups and established firms.

Here's what Propulsio 360° offers:

• SR&ED tax credit consulting to optimize your claim and secure funding.
• Legal services, including business incorporation and contract drafting.
• Financial strategy to support business growth and funding opportunities.
• Business consulting and marketing solutions for scaling operations.

Unlike firms that take a commission on refunds, Propulsio 360° offers a transparent, fixed-cost approach to make budgeting easier for your business.

Propulsio 360° has supported over 150 companies across Canada to successfully handle tax credits and funding programs, particularly in technology, engineering, and research-driven industries.

How to Choose the Right R&D Tax Credit Specialist in Toronto (+ Checklist)

Finding the right R&D tax credit specialist can make or break your claim. You need a firm that maximizes your refund while keeping the process smooth. Here’s what to look for:

• Experience: Does the firm have a strong track record with SR&ED claims?
• Success rate: What percentage of claims does it get approved?
• Industry specialization: Does it understand your sector’s needs?
• Pricing model: Does the firm charge a flat fee or take a percentage?
• Post-claim support: Will the firm help if the CRA audits your claim?
• Toronto-based: Is the firm local and familiar with provincial tax incentives?

How Much Do R&D Tax Credit Specialists in Toronto Cost?

The cost of an R&D tax credit specialist depends on their pricing model. Some charge a percentage of your claim (typically 15-30%), while others offer flat fees that range from $5,000 to $20,000+, depending on complexity. Some firms work on a contingency basis, which means you only pay if your claim is successful.

With Chrono Platform, you skip high fees and get a transparent, automated solution that tracks your R&D work in real time. Instead of paying a firm thousands, you can manage claims efficiently and maximize your return without the hassle.

That brings us to the next point:

Alternatives to Hiring an R&D Tax Credit Specialist in Toronto

You don’t need an expensive specialist to secure R&D tax credits. Chrono Platform is a smarter solution that automates tracking, organizes evidence, and simplifies claims while saving you time and money. Instead of chasing down paperwork, you can capture R&D activity in real time, ensure accuracy, and maximize your refund.

ALT: Chrono Platform dashboard displaying time tracking, project insights, and completion rates.

You could also rely on in-house accountants, but they may lack SR&ED expertise. DIY filing is possible, but tax credit mistakes can cost you a refund or trigger an audit. With Chrono Platform, you get effortless compliance, accurate documentation, and a streamlined process.

Save time, reduce risk, and maximize your R&D tax credits effortlessly. Start using Chrono Platform today and take control of your claims like never before!

FAQ

1. What industries qualify for R&D tax credits?

You can qualify if you work in technology, manufacturing, biotech, software, engineering, or any field involving innovation. As long as your work aims to solve technological challenges or improve processes, you may be eligible.

2. How long does it take to receive an SR&ED refund?

Most SR&ED claims are processed within 60 days after submitting your complete application. If your refundable claim is selected for review, it could take up to 180 days.

3. Can small businesses apply for R&D tax credits?

Yes! Small businesses and startups can apply for SR&ED, and in many cases, they receive a higher refund rate than large corporations. In fact, Canadian-Controlled Private Corporations (CCPCs) receive a refundable credit rate of 35%, while large corporations only receive 15%.

4. How does an audit affect SR&ED claims?

An audit can delay your refund and might require you to provide additional documentation. Having clear records and detailed project descriptions can help you pass smoothly.

5. What documentation is required to support a claim?

You need technical reports, financial records, payroll details, and proof of R&D activities. Using a platform like Chrono Platform makes it easier to track everything in real time.