NEW AZBio Member Benefit – Tax Credit Services from ADP

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

AZBio 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 AZBio members using other third-party payroll systems.


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

AZBio Members Save with BIO Business Solutions®

The BIO Business Solutions cost-savings program is open to BIO members and the members of 47 participating state and regional biotech associations. There is no charge for member companies to participate as it is a benefit of membership. Member companies can use one, some, or all of the special pricing arrangements offered through BIO Business Solutions.

Explore all the ways AZBio Members can save!

Posted in AZBio News.