by admin | Feb 12, 2021 | Blog
In a recent Tax Court case, Tangel v. Commissioner, T.C. Memo. 2021-1 (Jan 2021), the Tax Court concluded that the taxpayer who claimed the R&D tax credit did not retain substantial rights and thus the R&D work was ‘funded’ and the R&D tax...
by admin | Jan 26, 2020 | Blog
In a December 2019 motion, the taxpayer Populous Holdings, an architectural design firm, won the motion allowing them to claim the R&D tax credit on its contracts with clients. Populous claimed the R&D tax credit for architectural work it does for clients and...
by admin | Dec 2, 2011 | Blog
If an activity is “Funded” the taxpayer does not have financial risk and cannot claim the research credit for the project’s costs. However, if the payment is contingent upon successful completion of the work, then the taxpayer/contractor is at risk and the...
