Palm Bay R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Palm Bay, Florida Businesses

Palm Bay, Florida, thrives in industries such as healthcare, education, technology, and manufacturing. Top companies in the city include Health First, a major healthcare provider; Eastern Florida State College, a key educational institution; Harris Corporation, a prominent technology company; Northrop Grumman, a key aerospace and defense contractor; and Embraer, a major manufacturing company. The R&D Tax Credit can benefit these industries by lowering tax burdens, fostering innovation, and improving 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 4700 Millenia Blvd, Orlando is less than 75 miles from Palm Bay and provides R&D tax credit consulting and advisory services to Palm Bay and the surrounding areas such as: Melbourne, Titusville, Sebastian, Cocoa and Vero Beach.

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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Palm Bay, Florida Patent of the Year – 2024/2025

GunEye LLC has been awarded the 2024/2025 Patent of the Year for its groundbreaking firearm accessory that enhances safety and situational awareness. Their invention, detailed in U.S. Patent No. 11927428, titled ‘Infrared firearm sight camera attachment, system and method’, introduces an infrared sight and camera system that streams live video to a user’s smart device, allowing for remote target viewing.

This compact attachment integrates infrared and visible light options, enabling users to identify targets in various lighting conditions. By transmitting real-time visuals to smartphones, smartwatches, or smart glasses, it allows users to assess situations without direct line-of-sight, reducing exposure to potential threats.

The device features motion and magnetometer sensors for automatic activation, ensuring readiness when needed. Its wireless charging capability, compatible with standard USB ports and charging pads, adds convenience. A multi-position locking system offers up to twelve mounting configurations, providing adaptability across different firearms.

GunEye LLC’s innovation represents a significant advancement in firearm technology, offering enhanced safety and operational efficiency for users in law enforcement, security, and personal defense sectors.