R&D Tax Credits for Olathe, Kansas Businesses

Olathe, Kansas, thrives in industries such as healthcare, education, technology, and retail. Top companies in the city include Olathe Medical Center, a major healthcare provider; MidAmerica Nazarene University, 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 reducing tax liabilities, fostering innovation, and improving business performance. By leveraging the R&D Tax Credit, companies can reinvest savings into advanced research boosting Olathe’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 15 miles away from Olathe provides R&D tax credit consulting and advisory services to Olathe and the surrounsing areas such as: Overland Park, Kansas City, Topeka, Lawrence 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.



Olathe, Kansas Patent of the Year – 2024/2025

XReps LLC has been awarded the 2024/2025 Patent of the Year for its groundbreaking innovation in immersive training technology. Their invention, detailed in U.S. Patent No. 11896882, titled ‘Extended reality system for training and evaluation’, utilizes infrared tracking and real-time virtual rendering to enhance physical training through extended reality.

The patented system combines a head-mounted display, a sensor station emitting infrared signals, and a tracked object equipped with multiple sensors. As the object moves, it calculates its position and orientation relative to the sensor station and transmits this data to a host station. The host station then determines both the actual and predicted flight paths of the object, rendering a corresponding virtual object in a VR environment that mirrors these paths.

This technology enables users to visualize and analyze the motion of physical objects in real time within a virtual setting, offering significant applications in sports training, military exercises, and other fields requiring precise motion tracking. By overlaying real-world movements with virtual trajectories, the system provides immediate feedback, allowing for more effective training and performance evaluation.

The innovation stands out for its ability to seamlessly integrate physical actions with virtual simulations, creating a more immersive and informative training experience. As extended reality continues to evolve, XReps’ contribution marks a significant step forward in the fusion of real-world dynamics with virtual environments.


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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