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 186 Lincoln St, Boston, Massachusetts provides R&D tax credit consulting and advisory services to Boston, Worcester, Springfield, Lowell, Cambridge, New Bedford, Brockton, Quincy, Lynn and Fall River.
If you have any questions or need further assistance, please call or email our local Massachusetts Partner on (857) 347-5915.
Feel free to book a quick teleconference with one of our Massachusetts 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.
Massachusetts and the R&D Tax Credit
The indefinite Massachusetts Research Credit is available to eligible corporations and flow-through entities, closely mirroring the federal tax credit framework. It equals 15% of basic research payments plus 10% of qualified research expenses (QREs). If a taxpayer lacked QREs in the preceding three years, the credit simply becomes 5% of current-year QREs. This credit offsets 100% of the first $25,000 of corporate excise tax liability and 75% of any excess, but it cannot reduce the total tax below $456. Credits restricted by the 75% limitation carry forward indefinitely, while other unused credits are subject to a standard fifteen-year carryforward period.
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/









