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 270 Bellevue Avenue, Newport, Rhode Island provides R&D tax credit consulting and advisory services to Providence, Warwick, Cranston, Pawtucket and East Providence.
If you have any questions or need further assistance, please call or email our local Rhode Island Partner on (401) 406-8880.
Feel free to book a quick teleconference with one of our Rhode Island 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.
Are you eligible?
Why choose us?
Pass an Audit?
Rhode Island and the R&D Tax Credit
Rhode Island’s permanent Credit for Qualified Research Expenses rewards corporations and flow-through entities for investing in innovation. Following the federal definitions outlined in IRC Section 41, this program calculates incentives based on qualified research expenses (QREs) and base period expenditures. The credit offers a generous rate of 22.5% for QREs up to $111,111, and 16.9% for any remaining qualifying expenses that exceed the base period amount. Taxpayers can apply this credit against 50% of their tax due, but only after all other available credits have been exhausted. Any unused credit amounts can be carried forward for up to seven years.
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/services/our-fees/
Rhode Island inventionINDEX April 20 
