Case Study: Vocxi Health achieves $220K in R&D tax credits with ADP SmartCompliance for Tax Credits

How Vocxi Health scaled smarter

Vocxi Health, a health care startup behind the MyBreathPrint® noninvasive disease detection system, needed a better way to identify R&D activities and capture tax credits as it scaled. The company had been relying on its accounting firm, but lacked internal processes to find and quantify eligible credits and wanted help maximizing savings.

ADP implemented ADP SmartCompliance® for Tax Credits, making the process simple and seamless by helping Vocxi identify and verify qualifying R&D spend and integrate the credits back into the business. ADP helped Vocxi secure approximately $220,000 in tax credits, including about $150,000 in federal credits and $70,000 in state credits, boosting working capital and extending the company’s runway.

Vocxi Health

Ping Yeh

Chief Executive Officer