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.

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Automotive, Battery and Self-Driving Technologies and the R&D Tax Credit

Small businesses in the automotive industry can significantly benefit from the Research and Development tax credit by reducing their federal tax liability and increasing cash flow. This applies to activities like developing new vehicle components, improving manufacturing processes for efficiency or sustainability, enhancing safety features, or even creating advanced software for vehicles. Crucially, the startup Research and Development payroll tax offset allows eligible businesses to apply up to $500,000 of their Research and Development credit directly against their payroll taxes annually. This is a game-changer for pre-revenue or unprofitable startups, providing immediate financial relief by reducing FICA tax obligations, which can then be reinvested into further innovation, hiring, or expansion.

Never miss a deadline again

Stay up to date on IRS processes

Discover R&D in your industry

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: FREE

CE/CPE credits:          Worth one hour

Knowledge Level:      Basic*

Field of Study:            Taxation

R&D Tax Credit Training for the Automotive 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/