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’s office location at 1704 Llano St, Santa Fe, New Mexico provides R&D tax credit consulting and advisory services to Albuquerque, Las Cruces, Rio Rancho, Santa Fe and Roswell.
If you have any questions or need further assistance, please call or email our local New Mexico Partner on (505) 522-7768.
Feel free to book a quick teleconference with one of our New Mexico R&D tax credit specialists at a time that is convenient for you. Click here for more information about R&D tax credit management and implementation.
New Mexico and the R&D Tax Credit
The New Mexico Research and Development Tax Credit indefinitely rewards qualifying corporate investments within the state. This incentive is strictly limited to corporations. For S-Corporations, the credit is capped at their New Mexico corporate tax liability and cannot pass through to individual shareholders. Taxpayers can carry forward any unused credits for up to seven years. When claiming the basic or additional credit, businesses must comply with strict reporting requirements. Annual reports detailing business activities and state operations must be submitted to the Taxation and Revenue Department by June 30 of the year following the claim, and the two subsequent years.
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/








