Quincy R&D Tax Credit Benefits for Corporations

R&D Tax Credits for Quincy, Massachusetts Businesses

Quincy, Massachusetts, thrives in industries such as healthcare, education, technology, and retail. Top companies in the city include Beth Israel Deaconess Hospital, a major healthcare provider; Quincy College, a key educational institution; State Street Corporation, a prominent technology 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. By leveraging the R&D Tax Credit, companies can reinvest savings into advanced research boosting Quincy’s economic growth.

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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 6 Liberty Square, Boston, Massachusetts is less than 10 miles away from Quincy and provides R&D tax credit consulting and advisory services to Quincy and the surrounding areas such as: Worcester, Cambridge, Lowell, Brockton and Lynn.

If you have any questions or need further assistance, please call or email our local Massachusetts Partner on (857) 347-5915.
Feel free to book a quick teleconference with one of our Massachusetts 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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Quincy, Massachusetts Patent of the Year – 2024/2025

Image Acoustics Inc. has been awarded the 2024/2025 Patent of the Year for advancing deep-sea sonar and acoustic sensing. Their invention, detailed in U.S. Patent No. 11911793, titled ‘Deep submergence bender transduction apparatus’, introduces a pressure-resistant acoustic device built for high-performance operation in extreme underwater conditions.

The innovation centers on a transducer designed to maintain acoustic clarity at great ocean depths. It uses a specialized structure that allows it to flex and vibrate while withstanding intense pressure. This enables better communication, detection, and navigation in deep submergence environments, such as for submarines, underwater drones, and oceanographic research.

Unlike traditional sonar devices that degrade under deep pressure, this system remains reliable and durable. Its design combines robust materials with a shape that efficiently converts electrical signals into acoustic waves and back again, even thousands of meters below the surface.

This breakthrough supports safer, more effective undersea exploration and surveillance. From scientific discovery to national defense, the potential applications are broad and impactful. With this new bender transducer, Image Acoustics is setting a new benchmark for deep-water acoustic tools, continuing its legacy of innovation in marine technology.