Monroe R&D Tax Credit for Economic Growth and Innovation

R&D Tax Credits for Monroe, Louisiana Businesses

Monroe, Louisiana, thrives in industries such as healthcare, education, manufacturing, and retail. Top companies in the city include St. Francis Medical Center, a major healthcare provider; the University of Louisiana at Monroe, a key educational institution; Graphic Packaging International, a prominent manufacturing 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.

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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 1615 Poydras Street, New Orleans, Louisiana is less than 290 miles away from Monroe and provides R&D tax credit consulting and advisory services to Monroe and the surrounding areas such as: West Monroe, Claiborne, Swartz, Brownsville and Richwood.

If you have any questions or need further assistance, please call or email our local Louisiana Partner on (504) 584-8597.
Feel free to book a quick teleconference with one of our Louisiana 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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Monroe, Louisiana Patent of the Year – 2024/2025

Huntwise Inc. has been awarded the 2024/2025 Patent of the Year for its innovation in waterfowl hunting technology. Their invention, detailed in U.S. Patent No. 12022821, titled ‘Spinning wing decoy apparatus’, introduces a decoy system that enhances realism and efficiency in the field.

The patented apparatus features a motorized unit connected to a base, with wing members that rotate when activated, simulating the natural movement of bird wings. A soft, avian-shaped shell encases the motor, creating a lifelike appearance. The design includes a housing unit with lip fasteners that secure the decoy body, ensuring stability during operation. The wings are configured to spin at speeds of at least 300 rpm, and the system is engineered to dampen vibrations, reducing unnatural movements that could deter game.

This innovation offers hunters a more effective tool for attracting waterfowl, combining realistic motion with durable construction. The integration of a flexible yet resilient decoy body material, such as plastics or rubber, allows for easy assembly and transport. By mimicking the visual cues of live birds more accurately, the apparatus aims to improve hunting success rates while maintaining ease of use in various field conditions.