R&D Tax Credits for Lawrence, Kansas Businesses

Lawrence, Kansas, thrives in industries such as healthcare, education, technology, and retail. Top companies in the city include Lawrence Memorial Hospital, a major healthcare provider; the University of Kansas, a key educational institution; Garmin, a prominent technology company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. The R&D Tax Credit can benefit these industries by lowering tax burdens, fostering innovation, and improving business performance. By leveraging the R&D Tax Credit, companies can reinvest savings into cutting-edge research boosting Lawrence’s economic growth.

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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 12641 Antioch Road, Overland Park, Kansas is less than 35 miles away from Lawrence provides R&D tax credit consulting and advisory services to Lawrence and the surrounsing areas such as: Overland Park, Kansas City, Olathe, Topeka and Shawnee.

If you have any questions or need further assistance, please call or email our local Kansas Partner on (913) 232-2276.
Feel free to book a quick teleconference with one of our Kansas 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.



Lawrence, Kansas Patent of the Year – 2024/2025

Cobalt Iron Inc. has been awarded the 2024/2025 Patent of the Year for advancing cybersecurity in enterprise data backup systems. Their invention, detailed in U.S. Patent No. 11882094, titled ‘Data protection automatic optimization system and method’, uses intelligent monitoring and adaptive controls to detect and block malicious activity in backup environments.

This technology improves the resilience of data protection infrastructure by proactively identifying suspicious behavior before it can compromise backup operations. The system continuously scans for threats such as ransomware, unauthorized access, or unusual data manipulation, then automatically initiates protective actions like blocking access or isolating affected components.

Unlike traditional static security measures, the patent outlines a dynamic, policy-driven system that adjusts its responses in real time based on context and threat level. These automated interventions can halt attacks as they unfold, dramatically reducing the risk of data loss and system downtime.

The invention also includes logging and alerting features to keep administrators informed while minimizing manual oversight. This intelligent automation streamlines security management across complex, distributed IT environments.

As cyberattacks grow more frequent and sophisticated, this innovation offers a much-needed safeguard for critical enterprise data. By embedding smart security directly into backup systems, Cobalt Iron Inc. strengthens the last line of defense for organizations around the world.


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Kansas Office 

Swanson Reed | Specialist R&D Tax Advisors
12641 Antioch Road
Suite #1017
Overland Park, KS 66213

 

Phone: (913) 232-2276