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...
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...