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Dive into Swanson Reed’s Maritime & Boating Patent of the Month. Stay updated on the newest R&D driving marine engineering and naval architecture.

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.

Are you eligible?

R&D Tax Credit Eligibility AI Tool

Why choose us?

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Pass an Audit?

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 Maritime and Boating and the R&D Tax Credit

Small businesses in the Maritime and Boating industry can significantly benefit from the Research and Development tax credit by offsetting costs associated with innovating new hull designs, propulsion systems, manufacturing techniques, or even eco-friendly solutions. This credit directly reduces their tax liability, freeing up capital for further development. Crucially, the startup Research and Development payroll tax offset allows eligible businesses, particularly those not yet profitable, to apply the Research and Development credit against their payroll tax obligations, providing immediate cash flow relief to cover essential employee wages and foster continued innovation.

Never miss a deadline again

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Stay up to date on IRS processes

Discover R&D in your industry

Live Webinar: The R&D Tax Credit in the Maritime and Boating 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 Training for the Maritime and Boating Industry

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Upcoming Webinar

 

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/

Contact Us

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