Georgetown R&D Tax Credit Explained for Businesses

R&D Tax Credits for Georgetown, Kentucky Businesses

Georgetown, Kentucky, is known for its strong presence in healthcare, education, manufacturing, and retail. Top companies in the city include Georgetown Community Hospital, a major healthcare provider; Georgetown College, a key educational institution; Toyota Motor Manufacturing Kentucky, a prominent manufacturing company; Walmart, a global retail giant; and Amazon, a global logistics and e-commerce company. The R&D Tax Credit can help these industries reduce tax liabilities, promote innovation, and enhance 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 312 South Fourth Street, Louisville, Kentucky is less than 70 miles away from Georgetown and provides R&D tax credit consulting and advisory services to Georgetown and the surrounding areas such as: Louisville, Lexington, Richmond, Nicholasville and Frankfort.

If you have any questions or need further assistance, please call or email our local Kentucky Partner on (502) 237-5088.
Feel free to book a quick teleconference with one of our Kentucky 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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Georgetown, Kentucky Patent of the Year – 2024/2025

Endow Audio LLC has been awarded the 2024/2025 Patent of the Year for innovation in loudspeaker design. Their invention, detailed in U.S. Patent No. 11985475, titled ‘Audio loudspeaker array and related methods’, uses a novel configuration of directional and diffused sound sources to create a more immersive and natural listening experience.

The technology combines a central directional driver with a surrounding set of diffused sound sources. This setup allows the speaker to deliver focused audio while simultaneously projecting ambient sound that mimics real-world acoustic environments. The listener hears both direct and spatially reflected sound, similar to how we naturally perceive live music or speech.

Unlike conventional speakers that project sound in a single direction, Endow Audio’s design enhances depth and dimension without relying on digital signal processing. It preserves audio fidelity while improving the perception of space and realism. This makes it ideal for home audio systems, recording studios, and other critical listening environments.

The real-world impact is clear: listeners experience fuller, more dynamic sound that feels alive in the room. The innovation offers a new path for audio system designers who want to elevate acoustic performance using physical speaker construction, not artificial enhancement.

Endow Audio’s patented solution marks a leap forward in speaker engineering, offering a fresh approach to achieving high-resolution, room-filling sound that more closely mirrors the way we hear in real life.