Who We Are:
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed’s office location at 3616 Kirkwood Hwy, Wilmington, Delaware provides R&D tax credit consulting and advisory services to Wilmington, Dover, Newark, Middletown and Smyrna.
If you have any questions or need further assistance, please call or email our local Delaware Partner on (302) 342-0410.
Feel free to book a quick teleconference with one of our Delaware R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.
Delaware and the R&D Tax Credit
The indefinite Delaware Credit for Research and Development Expenses is permanently available to corporations and flow-through entities. This refundable state credit cannot exceed 50% of annual tax liability, and unused amounts carry forward 15 years with no carryback. Standard taxpayers calculate it as either 10% of Delaware expenses exceeding a base amount, or 50% of the state’s share of the federal alternative simplified credit. Conversely, eligible small businesses and startups with revenues under $20 million enjoy significantly enhanced rates, calculating their respective credit at either 20% of excess expenses or 100% of the apportioned federal credit for the taxable year.
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/services/our-fees/








