Jonesboro R&D Tax Credit Benefits Explained

R&D Tax Credits for Jonesboro, Arkansas Businesses

Jonesboro, Arkansas, is known for its strong presence in healthcare, education, manufacturing, and agriculture. Top companies in the city include St. Bernards Healthcare, a major healthcare provider; Arkansas State University, a leading educational and research institution; Hytrol Conveyor Company, a prominent manufacturing company; Frito-Lay, a key food production company; and Riceland Foods, a major agricultural cooperative. The R&D Tax Credit can help these industries reduce tax liabilities, encourage 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 130 miles away from Jonesboro and provides R&D tax credit consulting and advisory services to Jonesboro and the surrounding areas such as: Paragould, West Memphis, Marion, Blytheville and Forrest City.

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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Jonesboro, Arkansas Patent of the Year – 2024/2025

Tech Friends Inc. has been awarded the 2024/2025 Patent of the Year for its innovative tablet charging and storage system. Their invention, detailed in U.S. Patent No. 12068625, titled ‘Storage and charging system with drainage for tablets’, introduces a charging station designed to protect tablets from liquid damage during storage and charging.

The system features a housing with an angled base and support arms that position the tablet above a drainage space. This design allows any liquid to flow away from the device, reducing the risk of damage. The charger is situated above the tablet, further minimizing exposure to potential spills.

By incorporating a drainage mechanism into the charging station, Tech Friends, Inc. addresses a common issue in environments where electronic devices are susceptible to liquid exposure. This innovation enhances the durability and longevity of tablets used in various settings, including educational institutions, healthcare facilities, and correctional institutions.

Tech Friends, Inc.’s development represents a significant advancement in device protection technology. By focusing on practical solutions to everyday challenges, this invention offers a reliable method to safeguard electronic devices, ensuring their continued functionality in demanding environments.