IRS Extends Deadline for R&D Tax Credit New Form 6765

IRS Extends Deadline for R&D Tax Credit New Form 6765

If your business takes advantage of the Research and Development (R&D) Tax Credit you’ll want to pay close attention to the latest announcement from the IRS. The agency is making important adjustments to its reporting requirements—specifically regarding Form...
Populous Contracts are Not Funded R&D for R&D Tax Credit

Populous Contracts are Not Funded R&D for R&D Tax Credit

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...