Indianapolis R&D Tax Credit Explained for Corporations

R&D Tax Credits for Indianapolis, Indiana Businesses

Indianapolis, Indiana, is a hub for industries such as healthcare, education, manufacturing, and technology. Top companies in the city include Eli Lilly and Company, a leading pharmaceutical company; Indiana University Health, a major healthcare provider; Indiana University-Purdue University Indianapolis, a key educational institution; Rolls-Royce North America, a prominent manufacturing company; and Salesforce, a major technology company. The Research and Development (R&D) Tax Credit can help these industries reduce their tax liabilities, foster innovation, and enhance business performance.

Find out more

Are you eligible?

Why choose us?

Pass an Audit?

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 9445 Indianapolis Boulevard, Highland, Indiana is less than 160 miles away from Indianapolis and provides R&D tax credit consulting and advisory services to Indianapolis and the surrounding areas such as: Carmel, Fishers, Muncie, Anderson and Noblesville.

If you have any questions or need further assistance, please call or email our local Indiana Partner on (219) 230-9956.
Feel free to book a quick teleconference with one of our Indiana 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.

Schedule a Teleconference

Indianapolis, Indiana Patent of the Year – 2024/2025

Trade Secret Chocolates has been awarded the 2024/2025 Patent of the Year for its groundbreaking chocolate dispensing system. Their invention, detailed in U.S. Patent No. 11896026, titled ‘Systems and methods for distributing and dispensing chocolate’, introduces a manual, lever-actuated extruder that delivers precision-controlled portions of chocolate from a pressure-sealed container.

This innovation reimagines how chocolate is stored and served. By combining vacuum-sealed packaging with a mechanical dispensing mechanism, the system preserves flavor integrity while offering mess-free, on-demand servings. The design includes a pivoting extruder arm guided by internal rails, ensuring consistent flow with each lever pull. Unlike traditional methods that rely on heat or pumps, this approach uses mechanical pressure to maintain the chocolate’s texture and taste.

The implications extend beyond gourmet kitchens. This system could revolutionize chocolate delivery in retail, hospitality, and healthcare settings, where hygiene and portion control are paramount. Its simplicity and reliability make it suitable for both commercial and home use, offering a new standard for freshness and convenience.

Trade Secret Chocolates, now operating under True Essence Foods Inc., continues to push the boundaries of food technology. This patent exemplifies their commitment to innovation, blending culinary artistry with engineering to enhance everyday experiences.