Uncover Swanson Reed’s Mining Patent of the Month. Read about groundbreaking R&D and safety innovations transforming the extraction and resource industry.
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 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.
Mining and the R&D Tax Credit
Small businesses in the mining industry can benefit significantly from the Research and Development tax credit by offsetting costs related to developing new extraction methods, improving equipment, or enhancing environmental practices. For startups with little to no income, the Research and Development payroll tax offset allows them to apply the credit against payroll taxes—up to $500,000 per year—providing immediate cash flow relief. This helps reduce the financial burden of innovation and allows mining startups to reinvest in growth, technology, and talent during their early, high-expense phases.
Live Webinar: The R&D Tax Credit in the Mining Industry
Duration: 60 Minutes
Learning objectives include:
- An overview of R&D Tax Credits
- Identify Qualifying Research Activities
- Define the 4-Part Test
- How to substantiate activities through documentation
- Identify Qualifying Research Expenses
Cost:Â FREE
CE/CPE credits:Â Â Â Â Â Worth one hour
Knowledge Level:Â Â Â Basic*
Field of Study:Â Â Â Â Â Â Â Taxation
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/







