R&D Tax Credits for South Portland, Maine Businesses

South Portland, Maine, thrives in industries such as healthcare, education, manufacturing, and retail. Top companies in the city include Maine Medical Center, a major healthcare provider; Southern Maine Community College, a key educational institution; IDEXX Laboratories, 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 400 Congress St, Portland, Maine is less than 5 miles away from South Portland and provides R&D tax credit consulting and advisory services to South Portland and the surrounding areas such as: Portland, Lewiston, Auburn, Scarborough 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.



South Portland, Maine Patent of the Year – 2024/2025

Count & Crush Systems LLC has been awarded the 2024/2025 Patent of the Year for its innovation in recycling technology. Their invention, detailed in U.S. Patent No. 12008640, titled ‘Methods and apparatus for managing information in connection with an account-based recycling program’, introduces a method for managing information in connection with an account-based recycling program.

This technology enables the collection and aggregation of data from multiple recycling transactions, associating container information with individual consumer accounts. By storing and accessing detailed records of recycled containers, the system provides users with comprehensive insights into their recycling activities. This approach not only streamlines the recycling process but also encourages consumer participation by offering transparency and potential rewards linked to their recycling habits.

The system’s ability to handle information from various transactions and associate it with specific accounts represents a significant advancement in recycling program management. It allows for more accurate tracking of recycled materials and can facilitate personalized feedback or incentives for consumers. Such innovations are crucial in promoting sustainable practices and enhancing the efficiency of recycling programs.

Count & Crush Systems, LLC’s development reflects a growing trend towards integrating technology with environmental initiatives. By leveraging data management techniques, they have created a solution that benefits both consumers and recycling program administrators. This patent underscores the potential of combining technological innovation with sustainability efforts to achieve more effective environmental outcomes.


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Maine Office 

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

 

Phone: (207) 816-5399