Mississippi Patent of the Month – June 2021
Whitmor, Inc. has been in the home organizing business for over 75 years, reducing stress and making life more enjoyable. Bringing this organization means designing and developing unique storage units that suit any space. Recently. They have been working on a wardrobe unit that offers more than the usual space saving. The unit also has detachable storage units that can attach to a frame.
The unit has a base and upper frame. The base has a U-shaped front and second U-shaped rear. A floor shelf is attached to the base, providing a bottom storage shelf. Further up, the front and back pieces are connected with a cross-bar on either side. Even further up, another support structure attaches the front and back pieces, this time as a bar with peaks and valleys. This “WW” shaped bar can double as a hanger-based storage. The top portion is attached from right to left via a pole which allows for hanger-based storage.
A side storage component can be attached to the cross bar and bottom shelf. This storage component has a back panel, and a series of pockets across the surface to provide shoe storage – or whatever you prefer to put in there. These side panels actually come in different designs. Instead of multiple pockets, one design has a single basket shape, with a lid. Another has a sack-like pocket. Since they are detachable, the user can mix and match different storage options to suit their needs. Finally, the unit is on wheels for easy movement.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.