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What is considered “Funded” Research under the Research Credit Provisions (Section 41)

What is considered “Funded” Research under the Research Credit Provisions (Section 41)

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...

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