Idaho Patent of the Month – June 2024
When a construction crew needs to pave a road, they might use liquid paving materials, or solid or even a combination of both. Unfortunately, most paving machines cannot handle both liquid and solid materials and the construction company must then pay for both types of machines. Idaho Asphalt Supply, Inc. is ending this complexity and excessive cost by delivering an adjustable paving machine that can handle any material needed.
Traditional paving machines often struggle with fixed widths or limited adjustability, leading to inefficiencies and additional costs. In contrast, Idaho Asphalt’s machine features a variably expandable containment basin, which can adjust its width dynamically during operation. This flexibility allows the machine to handle different paving materials, from liquids like emulsions to more solid forms like slurries, without the need for multiple machines.
Central to its design are the integrated brushes that not only spread the paving material evenly but also adjust their size automatically to match the width of the containment basin. This synchronized adjustment ensures uniform coverage on the roadway surface, enhancing both efficiency and the quality of the finished pavement. The machine includes sealing elements along its walls to prevent spillage and optimize material usage, further reducing waste and operational costs.
Idaho Asphalt’s paving machine incorporates advanced actuators, including both rotary and linear types, to facilitate smooth and precise adjustments in the width of the containment basin. This technological innovation not only simplifies operation but also enhances the machine’s durability and reliability under varying paving conditions.
By eliminating the need for multiple machines and offering unparalleled versatility in material handling, Idaho Asphalt has set a new standard in the paving industry. Municipalities, road departments, and private contractors can now achieve significant cost savings and operational efficiencies with this groundbreaking technology.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
Are you eligible?
Why choose us?
Pass an Audit?
What is the R&D Tax Credit?
The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
Never miss a deadline again
Stay up to date on IRS processes
Discover R&D in your industry
R&D Tax Credit Preparation Services
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed provides state and federal R&D tax credit preparation and audit services to all 50 states.
If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (800) 986-4725.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
R&D Tax Credit Audit Advisory Services
creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims. Click here for more information about R&D tax credit management and implementation.
Our Fees
Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between $195 – $395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at https://www.swansonreed.com/about-us/research-tax-credit-consulting/our-fees/
Choose your state
