BIO Office Hours is a resource for BIO members to meet one-on-one with subject matter experts on business services.
Are you preparing for an FDA inspection or submitting a federal grant application? Not sure if you qualify for the R&D tax credit? Interested in learning about the most common startup pitfalls and how to avoid them?
A few times a year, BIO invites experts to discuss business critical topics followed by the opportunity for BIO members to dig deeper on the topic with the expert.
Ask an Expert: How to Monetize the R&D Tax Credit
Life science companies generate a significant portion of the annual R&D tax credits claimed every year. Yet, the majority of startups and small-to-midsize businesses do not take advantage of federal, state, and local tax credits.
ADP Tax Credit experts will hold 20 minute virtual appointments to answer your questions on the federal tax credit and help determine the likelihood of your company qualifying for the tax credit.
What to expect in the overview & 20-minute Zoom session:
- Federal R&D credit overview and ways to monetize the credit
- Eligible costs and requirements to qualify
- Examples of qualifying activities in the Biotech industry
- State R&D credits
- R&D project lifecycle
