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 300 Interstate Corporate Ctr, Williston, Vermont provides R&D tax credit consulting and advisory services to Burlington, South Burlington, Rutland, Barre and Montpelier.
If you have any questions or need further assistance, please call or email our local Vermont Partner on (802) 778-1133.
Feel free to book a quick teleconference with one of our Vermont 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.
Vermont and the R&D Tax Credit
The Vermont R&D Tax Credit indefinitely encourages local innovation for eligible corporations and flow-through entities. To qualify, businesses must incur qualified research expenses directly within Vermont and must first claim the federal R&D tax credit. The state incentive is generously calculated as twenty-seven percent of the federal credit amount for those specific Vermont-based expenditures. Taxpayers can apply this credit against their personal income tax or their business and corporate income tax liabilities. Providing significant long-term financial benefits, any unused credits can be carried forward for up to ten years, allowing growing companies to maximize their investments in future technological advancements.
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/









Vermont inventionINDEX April 2026: