Fayetteville R&D Tax Credit Benefits Explained

R&D Tax Credits for Fayetteville, Arkansas Businesses

Fayetteville, Arkansas, is known for its strong presence in education, healthcare, retail, and technology sectors. Top companies in the city include the University of Arkansas, a leading educational and research institution; Washington Regional Medical Center, a major healthcare provider; Walmart, a global retail giant; Tyson Foods, a prominent food production company; and J.B. Hunt Transport Services, a key logistics company. The R&D Tax Credit can help these industries reduce tax liabilities, promote innovation, and enhance business performance.

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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 6834 Cantrell Road, Little Rock, Arkansas is less than 200 miles away from Fayetteville and provides R&D tax credit consulting and advisory services to Fayetteville and the surrounding areas such as: Fort Smith, Springdale, Rogers, Bentonville and Joplin.

If you have any questions or need further assistance, please call or email our local Arkansas Partner on (501) 588-0500.
Feel free to book a quick teleconference with one of our Arkansas 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.

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Fayetteville, Arkansas Patent of the Year – 2024/2025

Tesseract Structural Innovations Inc. has been awarded the 2024/2025 Patent of the Year for its breakthrough in automotive crash safety. Their invention, detailed in U.S. Patent Application No. 20240083512, titled ‘Sill beam uniform deceleration unit’, introduces a Sill Beam Uniform Deceleration Unit (UDU) that enhances side-impact protection by absorbing crash energy more effectively.

This UDU integrates a lightweight metallic foam energy absorber within an outer skin casing, reinforced by an inner skin stiffener featuring press-formed projections. These projections interlock with openings in the foam, ensuring structural integrity and efficient energy dissipation during collisions. Designed for installation in a vehicle’s side sill, the unit aims to reduce intrusion into the passenger compartment, thereby enhancing occupant safety.

The use of metallic foam not only contributes to the unit’s lightweight nature but also allows for controlled deformation, absorbing kinetic energy and minimizing impact forces transmitted to passengers. The press-forming manufacturing process simplifies production, potentially lowering costs and facilitating widespread adoption in various vehicle models.

Tesseract Structural Innovations, Inc.’s development represents a significant advancement in vehicle safety technology. By focusing on side-impact scenarios, which are often challenging to mitigate, this innovation offers a promising solution to enhance protection for vehicle occupants. As automotive manufacturers continue to prioritize safety, such technologies are poised to play a crucial role in future vehicle designs.