R&D Tax Credits for Portland, Maine Businesses

Portland, Maine, is a hub for industries such as healthcare, education, technology, and tourism. Top companies in the city include MaineHealth, a leading healthcare provider; the University of Southern Maine, a key educational institution; WEX, a prominent technology company; L.L.Bean, a major retail company; and the Portland Sea Dogs, a key tourism and entertainment company. The Research and Development (R&D) Tax Credit can help these industries reduce their tax liabilities, foster 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 400 Congress St, Portland, Maine provides R&D tax credit consulting and advisory services to Portland and the surrounding areas such as: Lewiston, South Portland, Auburn, Sanford and Brunswick.

If you have any questions or need further assistance, please call or email our local Maine Partner on (207) 816-5399.
Feel free to book a quick teleconference with one of our Maine 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.



Portland, Maine Patent of the Year – 2024/2025

Maine-Lee Technology Group, LLC has been awarded the 2024/2025 Patent of the Year forits innovative fluid management system. Their invention, detailed in U.S. Patent No. 12041990, titled ‘Fluid management system’, introduces an advanced protective garment design that enhances barrier integrity and fluid control in clinical settings.

The system integrates a specialized sleeve structure with a wicking layer extending from the wrist toward the shoulder. This layer includes a thumb loop and palm draping to ensure secure coverage of the hand’s heel. A flap, attached by a seaming cuff weld, can be positioned to cover the glove-gown interface, reducing exposure to fluids.

By addressing the critical junction between gloves and gowns, this design aims to minimize fluid penetration and contamination risks. The incorporation of moisture-wicking materials and strategic sealing techniques enhances both comfort and protection for healthcare workers.

Based in Portland, Maine, Maine-Lee Technology Group, LLC specializes in developing advanced textile technologies for medical and outdoor applications. This patent reflects their commitment to improving safety and performance in demanding environments.


R&D Tax Credit Training for ME CPAs

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R&D Tax Credit Training for ME SMBs

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Maine Office 

Swanson Reed | Specialist R&D Tax Advisors
400 Congress St
Portland, ME 04101

 

Phone: (207) 816-5399