Tampa R&D Tax Credit for Local Businesses

R&D Tax Credits for Tampa, Florida Businesses

Tampa, Florida, is home to thriving industries such as healthcare, finance, information technology, defense, and manufacturing. These sectors drive innovation and economic growth in the region. The R&D tax credit can significantly benefit businesses in these industries by reducing their tax liability and freeing up capital for further investment in research and development. By claiming the credit, companies can offset expenses related to developing new products, improving processes, or enhancing technologies, ultimately improving their competitiveness and 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 390 North Orange Avenue, Orlando is less than 85 miles from Tampa and provides R&D tax credit consulting and advisory services to Tampa and the surrounding areas such as: St. Petersburg, Clearwater, Lakeland, Brandon and Spring Hill.

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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Tampa, Florida Patent of the Year – 2024/2025

Heat-Pipe Technology Inc. has been awarded the 2024/2025 Patent of the Year for a breakthrough in HVAC energy recovery. Their invention, detailed in U.S. Patent No. 11859850, titled ‘Heat exchanger’, uses a dynamic condensate management system to boost the efficiency of heat exchangers.

The patented system improves how air conditioning units handle condensate – the moisture collected as air cools. Traditionally, condensate can build up and reduce thermal transfer efficiency. Heat Pipe Technology’s design actively redirects this moisture, ensuring more effective heat recovery and better temperature control.

This innovation relies on a controlled condensate channel that adjusts fluid distribution across the heat exchanger. By manipulating how and where condensate flows, the system maintains high performance even in changing weather or humidity conditions. The design is especially useful in buildings where energy recovery is critical, such as hospitals, schools, and office complexes.

The result is lower energy use, improved indoor air quality, and extended system life – all without adding major complexity or cost. Facility managers and HVAC engineers can expect better control and fewer maintenance issues, thanks to this refined approach to passive thermal regulation.
Heat Pipe Technology Inc. has long been a leader in sustainable climate systems. This latest patent highlights their continued commitment to innovation with real-world impact, helping building operators meet growing energy demands while reducing environmental strain.