Program Partner

More saving. More research.     888.246.1728   •   save@bio.org

Member Benefits 

20% discount on ADP R&D tax credit services, as well as:

  • A free initial assessment to estimate the potential federal & state R&D tax credits for which your company may be eligible;
  • Refund clause included in every R&D tax credit engagement;
  • A thorough study reviewing qualified expenses delivered by a team of experienced tax professionals; and 
  • Access to a dedicated team of R&D experts who are trained to help you maximize your credits.

Available to current ADP payroll/PEO clients as well as members using other third-party payroll systems.

 

 

The R&D Tax Credit Offering

ADP provides an experienced and practical approach for guiding life science clients through the R&D tax credit process. Their group of specialized professionals provide the peace of mind that comes with having a highly detailed study outlining qualified research activities and expenses.

ADP carefully analyze each client as a candidate to claim the R&D tax credit. Clients average four to five times return on investment.1

1 Based on 2016-2018 ADP internal data on service fee to actual R&D Credit value ratio.

Is Your Company Performing R&D Activities?

The term “research and development” is broad and includes creating or improving engineering processes, developing or improving a product, developing computer software and more. While not an exhaustive list, here are a few R&D activities that generally qualify for the federal tax credit.

Developing, modifying, designing, supporting or supervising research activities for:

  • product design, development, and testing new scientific theories and research methods
  • prototypes of new products or extending the shelf life of existing products
  • creation of therapeutics, repurposing or reformulating existing drugs
  • designing wearables and digital health devices to monitor health and physical activity
  • establishing new technologies to further telemedicine 
  • innovation in robotics, artificial intelligence or other new technology into existing products
  • designing new drugs, chemical compounds or medical devices
  • new or unique blending technology or delivery systems for compounds or medicines design and execution in experiments or trials