ADP: Important July 6 Filing Update for R&D Tax Credits

Insights and Practical Guidance Under the One Big Beautiful Bill

A rare, time-sensitive, filing window to identify and secure cash refunds is approaching, and many small and medium sized businesses don’t realize what’s at stake. Under the One Big Beautiful Bill Act (OBBBA), qualifying businesses now have a final opportunity to amend 2022–2024 tax returns to immediately expense domestic R&D costs and make or fix a Section 280C election. However, this is only if amended returns are filed no later than July 6, 2026 (or the earlier expiration of the statute of limitations for each year). Miss the date, and this flexibility is gone for good.

This timely session is designed for Human Resource, Payroll, and Tax leaders alike – who play a critical role in data, documentation, and execution. We’ll break down what’s changed under the OBBA, why the July 6 deadline is non-negotiable, and how employers can act now to avoid costly expenses, missed credits, and compliance risk—while preparing payroll and tax teams for the new documentation rules taking effect in 2026.

Key focus areas for this webinar include:

• What changed under the OBBA related to R&D and why it matters to employers
• Understanding the July6 amendment deadline & which returns may be impacted
• How the Section280C election affects R&D credit outcomes and amended filings
• The role of HR and Payroll data in supporting R&D credit documentation
• Preparing for upcoming R&D documentation and filing requirements taking effect in 2026

Approved for 1 SHRM , HRCI, and CPE credit