Direct Conduct of Research
Quick Answer: Direct Conduct in New York R&D Tax Credits Direct conduct of research in New York State refers strictly to the hands-on performance of technical activities—such as [...]
Quick Answer: Direct Conduct in New York R&D Tax Credits Direct conduct of research in New York State refers strictly to the hands-on performance of technical activities—such as [...]
Quick Answer: What is the Shrinking Back Rule? The Shrinking Back Rule is a critical regulatory mechanism (Treasury Regulation Section 1.41-4(b)(2)) recognized by the New York State Department of [...]
Quick Answer: What is a Business Component in NY R&D Tax Credits? A Business Component is the fundamental unit of analysis for determining eligibility for the New York State Research and [...]
Quick Answer: What is Permitted Purpose in NY R&D Tax Credits? Permitted Purpose is the strict requirement that qualified research activities must be intended to eliminate technical [...]
Quick Answer: What is the Elimination of Uncertainty in the New York R&D Tax Credit? The “Elimination of Uncertainty” is a rigorous legal standard and foundational threshold for [...]
Quick Answer: What is the Four-Part Test for NY R&D Credits? The Four-Part Test is a standardized federal and state framework used to verify if business activities qualify for the New York [...]
Comprehensive Analysis of Basic Research Payments in the New York State Research and Development Tax Credit Framework Quick Answer: Basic Research Payments in New York Basic research payments are [...]
Key Insight: Contract Research Ineligibility in New York The New York Life Sciences Research and Development Tax Credit explicitly excludes contract research expenses—payments made to third-party [...]
Quick Answer: Computer Use Payments in NY R&D Credits Computer Use Payments (including cloud hosting and server time) are a critical “Qualified Research Expense” (QRE) for New [...]
Answer Capsule: What are New York R&D Qualified Wages? Wages for qualified services in New York State refer to the taxable compensation (such as W-2 wages) paid to employees for three [...]
Posted on ANTHONY NORRIS29 March 2025Trustindex verifies that the original source of the review is Google. I've been claiming R&D credits for over two decades now and this is the most knowledgeable and efficient team I have encountered thus far. Can't recommend them enough.Posted on DAVE LITANA26 March 2025Trustindex verifies that the original source of the review is Google. We have partnered with Swanson & Reed for several years now, and their service has been nothing short of exceptional. Their team is efficient, highly attentive, and brings deep industry knowledge, ensuring a smooth and seamless experience. Their expertise and responsiveness make working with them a pleasure. They consistently provide valuable insights and support, making the entire process effortless. I highly recommend their services to any business seeking expert guidance in R&D claims.Posted on JERRICKSON LLANEZA26 March 2025Trustindex verifies that the original source of the review is Google. Adam, Cherie, and the team have supported us every step of the way through multiple R&D claims. Their guidance in gathering the necessary information has been invaluable, making the process straightforward while ensuring full compliance. Their expertise has turned what could be an overwhelming task into a manageable one. Swanson Reed’s assistance has been instrumental in the success of our applications. Their professionalism and attention to detail have given us confidence throughout the process, making them an essential partner in our R&D efforts.Posted on 43 PIMENTEL25 March 2025Trustindex verifies that the original source of the review is Google. We connected with Adam and Cherie at Swanson Reed based on a referral from a trusted associate. Over the past four years, they have guided my company through the complexities of research and development incentives provided by the Federal Government. Their knowledge and support have been invaluable in streamlining the process and ensuring we make the most of these opportunities. This partnership has been the most crucial in securing financial backing for our startup’s growth. Their dedication and expertise have made a significant impact, and I wholeheartedly endorse Swanson Reed to any business looking to leverage R&D incentives.Posted on LEE MCMULLAN13 June 2024Trustindex verifies that the original source of the review is Google. An unbelievable experience, in the best way. Cherie Jones and her team are extremely helpful and beyond organized. They actually took the time to teach us things. Thank you so much for our ongoing partnership. I am truly grateful. I have already sent a few of my connections your way.Load more
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