Lakeland R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Lakeland, Florida Businesses

Lakeland, Florida, is home to a diverse range of industries, including healthcare, logistics, agriculture, manufacturing, and retail. Top companies in the area include Publix Super Markets, Lakeland Regional Health, GEICO, Amazon, and Florida’s Natural Growers. These industries often invest heavily in research and development (R&D) to innovate and stay competitive. The R&D tax credit can provide significant tax savings for businesses engaging in qualifying activities, such as developing new products, improving processes, or enhancing technologies.

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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 4700 Millenia Blvd, Orlando is less than 55 miles from Lakeland and provides R&D tax credit consulting and advisory services to Lakeland and the surrounding areas such as: Tampa, St. Petersburg, Clearwater, Town ‘n’ Country and Wesley Chapel.

If you have any questions or need further assistance, please call or email our local Orlando Partner on (407) 635-8766.
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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Lakeland, Florida Patent of the Year – 2024/2025

InterActive Cards Inc. has been awarded the 2024/2025 Patent of the Year for its breakthrough in secure, durable metal transaction cards. Their invention, detailed in U.S. Patent No. 11880733, titled ‘Metal surface card’, uses an interlocking metal-polymer design to prevent delamination and enhance card longevity. The patent describes a transaction card featuring a metal insert with a perpendicular lip that interlocks with a molded polymer layer. This design ensures the metal surface remains securely attached, addressing common issues like peeling or separation in metal cards. The polymer also fills gaps between layers, providing structural integrity and preventing electrical shorts, especially around embedded payment modules.

This innovation arrives as metal cards gain popularity for their premium feel and durability. By improving the bond between metal and polymer components, InterActive Cards’ design offers a more reliable and longer-lasting product. The approach also accommodates advanced features like contactless payments and biometric authentication, aligning with modern security demands.

In real-world applications, this means consumers can expect metal cards that not only look and feel premium but also withstand daily wear without compromising functionality. Financial institutions and card manufacturers may adopt this design to enhance customer satisfaction and reduce replacement costs.

InterActive Cards’ patent sets a new standard in transaction card construction, blending aesthetic appeal with practical durability. As the industry evolves, such innovations will play a crucial role in meeting both consumer expectations and technological advancements.