St. Joseph R&D Tax Credit Explained for Companies

R&D Tax Credits for St. Joseph, Missouri Businesses

St. Joseph, Missouri, thrives in industries such as healthcare, education, manufacturing, and retail. Top companies in the city include Mosaic Life Care, a major healthcare provider; Missouri Western State University, a key educational institution; Triumph 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 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 St. Joseph’s economic growth.

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 12747 Olive Boulevard, St Louis, Missouri is less than 290 Miles away from St. Joseph and provides R&D tax credit consulting and advisory services to St. Joseph and the surrounding areas such as: Kansas City, Independence, Lee’s Summit, Blue Springs and Liberty.

If you have any questions or need further assistance, please call or email our local Missouri Partner on (314) 492-3920.
Feel free to book a quick teleconference with one of our Missouri 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

St. Joseph, Missouri Patent of the Year – 2024/2025

Benson Hill Seeds Inc. has been awarded the 2024/2025 Patent of the Year for innovation in crop genetics. Their invention, detailed in U.S. Patent No. 11917967, titled ‘Soybean cultivar 4826005’, introduces a high-performance soybean variety optimized for yield, resilience, and nutritional value.

This new cultivar was developed to meet the growing global demand for sustainable and nutritious plant-based proteins. Soybean cultivar 4826005 combines improved disease resistance with robust growth across diverse climates. Its genetic traits support higher harvest efficiency and better consistency from season to season.

The patented soybean line stands out for its superior protein profile and oil content, making it ideal for food production and animal feed. It also shows promising tolerance to environmental stressors, including drought and pests, helping farmers reduce reliance on chemical inputs.

Benson Hill Seeds Inc. continues to push the boundaries of agri-tech innovation. With this cultivar, they offer growers a smart solution that balances productivity with environmental stewardship. As plant-based diets grow in popularity, advances like this help drive the future of farming and food.

Backed by cutting-edge breeding methods, soybean cultivar 4826005 marks a meaningful step toward more efficient, resilient, and sustainable agriculture.