Uncover Swanson Reed’s Food & Beverage Patent of the Month. Read about the newest R&D innovations in food science, processing, and packaging technologies.
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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Food and Beverage and the R&D Tax Credit
Small businesses in the Food and Beverage industry can benefit significantly from the Research and Development tax credit by offsetting costs associated with developing new recipes, improving production processes, or enhancing food safety. For startups with little or no income tax liability, the Research and Development payroll tax offset is especially valuable—it allows eligible companies to apply up to $500,000 annually against their payroll taxes. This can free up critical cash flow, enabling further innovation, hiring, or scaling of operations, ultimately making it easier for small food and beverage businesses to grow and stay competitive.
Never miss a deadline again
Stay up to date on IRS processes
Discover R&D in your industry
Live Webinar: The R&D Tax Credit in the Food and Beverage 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: FREE
CE/CPE credits: Worth one hour
Knowledge Level: Basic*
Field of Study: 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/
