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 222 South Main Street, Salt Lake City, Utah provides R&D tax credit consulting and advisory services to Salt Lake City, West Valley City, Provo, West Jordan, Orem, Sandy, Ogden, St. George, Layton and Taylorsville.
If you have any questions or need further assistance, please call or email our local Utah Partner on (385) 715-1116.
Feel free to book a quick teleconference with one of our Utah 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.
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Utah and the R&D Tax Credit
Utah’s permanent Tax Credit for Research Activities rewards corporations and flow-through entities for conducting qualified research within the state. Aligning with federal definitions, qualified research expenses and gross receipts must be strictly attributed to Utah sources. The total credit is calculated as the sum of three components: five percent of qualified spending exceeding the base amount, five percent of basic research payments to qualified Utah organizations exceeding the base amount, and seven and a half percent of the current year’s qualified research expenses. Unused credits can be carried forward for fourteen years, excluding the seven and a half percent portion.
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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/
Utah inventionINDEX April 2026:
