Coral Springs R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Coral Springs, Florida Businesses

Coral Springs, Florida, is known for its strong presence in healthcare, education, retail, and logistics. Top companies in the city include Broward Health, a major healthcare provider; Broward College, a key educational institution; Walmart, a global retail giant; Amazon, a global logistics and e-commerce company; and FedEx, a key logistics company. The R&D Tax Credit can help these industries reduce tax liabilities, promote innovation, and enhance business performance. By utilizing the R&D Tax Credit, companies can reinvest savings into advanced research driving growth and competitiveness in Coral Springs’ economy.

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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 13727 SW 152 Street, Miami is less than 50 miles from Coral Springs and provides R&D tax credit consulting and advisory services to Coral Springs and the surrounding areas such as: Fort Lauderdale, Pembroke Pines, Hollywood,
Miramar and Pompano Beach.

If you have any questions or need further assistance, please call or email our local Miami Partner on (786) 404-1316.
Feel free to book a quick teleconference with one of our Florida 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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Coral Springs, Florida Patent of the Year – 2024/2025

Doroni Aerospace Inc. has been awarded the 2024/2025 Patent of the Year for its innovative personal quadcopter aircraft. Their invention, detailed in U.S. Patent No. 11964753, titled ‘Personal quadcopter aircraft’, utilizes embedded vertical thrusters within airfoils to enable efficient vertical takeoff and landing (VTOL) as well as wing-supported horizontal flight.

The patented design features pairs of airfoils, each housing electric vertical thrusters. These thrusters provide lift for vertical takeoffs and landings. Once airborne, horizontal thrusters propel the aircraft forward, allowing the airfoils to generate lift through airflow, thereby reducing energy consumption compared to traditional rotorcraft. This configuration aims to enhance flight efficiency and range while maintaining compactness and maneuverability.

Doroni’s approach addresses common limitations in VTOL aircraft, such as high energy usage during hover and transition phases. By integrating lift-generating wings with embedded thrusters, the aircraft can transition smoothly between vertical and horizontal flight modes. This innovation holds potential for personal air mobility solutions, offering a blend of helicopter-like versatility and airplane-like efficiency.

The development aligns with Doroni Aerospace’s mission to advance urban air mobility. Their H1-X eVTOL model, incorporating this technology, is poised to redefine personal transportation by providing a practical and sustainable flying vehicle option.