Hopkinsville R&D Tax Credit Explained for Businesses

R&D Tax Credits for Hopkinsville, Kentucky Businesses

Hopkinsville, Kentucky, is known for its strong presence in healthcare, education, manufacturing, and retail. Top companies in the city include Jennie Stuart Medical Center, a major healthcare provider; Hopkinsville Community College, a key educational institution; Dot Foods, 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, encourage innovation, and enhance business performance. By leveraging the R&D Tax Credit, companies can reinvest savings into advanced research boosting Hopkinsville’s economic growth.

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 312 South Fourth Street, Louisville, Kentucky is less than 170 miles away from Hopkinsville and provides R&D tax credit consulting and advisory services to Hopkinsville and the surrounding areas such as: Bowling Green, Owensboro, Madisonville, Franklin and Paducah.

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.

Schedule a Teleconference

Hopkinsville, Kentucky Patent of the Year – 2024/2025

Safelight Corp has been awarded the 2024/2025 Patent of the Year for their innovative approach to enhancing road safety. Their invention, detailed in U.S. Patent Application No. 20240005787, titled ‘Method and system for navigating a vehicle at intersections’, introduces a groundbreaking solution for safely navigating intersections with malfunctioning traffic signals.

This advanced system utilizes geofencing technology to detect when a vehicle enters an intersection with a non-functional traffic signal. Upon entry, the system projects virtual traffic signals onto the vehicle’s display, guiding drivers through the intersection as if the signals were operational. This real-time navigation assistance ensures that drivers can proceed with confidence, even in the absence of functioning traffic lights.

Designed for seamless integration, the system can be installed in various electronic devices, including rearview mirrors, smartphones, tablets, and wearable devices. It employs communication protocols such as Bluetooth and Wi-Fi to relay traffic signal information, providing a versatile solution adaptable to different vehicle types and user preferences.

Safelite Corp’s innovation addresses a critical gap in current traffic management systems, offering a practical and efficient method for maintaining safety and order at intersections during signal malfunctions. This patent marks a significant advancement in automotive technology, promising to enhance driver experience and road safety nationwide.