SR&ED Program Refunds For Canadian Businesses Through Evamax.com Helps Maximize Tax Credits

Online, July 31, 2011 (Newswire.com) - Research & Development plays a key role in most businesses of all sizes, and in all sectors. Macro and micro industries alike inject the R&D component in their business as vehicles for innovation. With the difficult economy, however, obtaining financing to cover cash-flow issues is difficult for many businesses.

To encourage businesses to undertake Scientific Research and Experimental Development activities in Canada, the Federal Government provides one of the most generous R&D cash refund, tax incentive programs in the world - the SR&ED Program.

Also going by various names such as SRED, R&D, Tax Credit, Research Tax Credit, R&D Credit, Research & Experimentation Tax Credit, Investment Tax Credit and R&D Funding, the SRED program is a federal tax incentive program through which any Canadian company conducting eligible R&D can apply for a tax refund and obtain financing against the refund claim.

Advising and assisting businesses in their SR&ED processing, EVAMAX Group has served various Canadian industries since 2003. The SRED consultants explain that any industry can get the benefits of the SR&ED program - including research cost, wages, capital expenditures and overheads - as long as there has been an attempt for a technological improvement or advancement.

At Evamax.com, the consulting business flaunts its track record in representing its clients to the federal government of Canada and provincial governments in obtaining SR&ED refunds and credits. The Evamax SR&ED Consultants are experts in in diverse fields of engineering and science.

The team of SR&ED consultants touts increasing the SRED claims for their clients, which went up on an average of 34%. Evamax.com also offers easy-to-use Web-based tracking software called the "R&D Maximizer" to capture all SR&ED activities and maximize R&D claims recovery to up to 687% of the qualified cost. At competitive rates, Evamax.com also offers audit preparation or representation and support with time commitments.

Evamax.com showcases the wide range of industries that the SRED consulting firm has assisted for over 7 years, which include manufacturing and metal working; software and computer services; communication/telecom equipment; robotics; electrical and electronics; automotive; aerospace; pharmaceuticals; food sciences; and renewable energy.

Companies in Canada looking for reliable SR&ED specialists can visit http://www.evamax.com/ for a consulting firm that can simplify the process by taking the paper chase off their shoulders.