R&D Tax Credits for Fernley, Nevada Businesses

Fernley, Nevada, is known for industries such as logistics, manufacturing, retail, healthcare, and agriculture. Top companies in the city include Amazon, a leading logistics and e-commerce company; Walmart, a major retail employer; Fernley Medical Center, a significant healthcare provider; Tesla, a key player in the manufacturing sector; and Churchill Vineyards, a prominent agricultural company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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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 200 S Virginia St, Reno, Nevada is less than 35 miles away from Fernley and provides R&D tax credit consulting and advisory services to Fernley and the surrounding areas such as: Reno, Sparks, Carson City, Dayton and Fallon.

If you have any questions or need further assistance, please call or email our local Nevada Partner on (775) 227-9237.
Feel free to book a quick teleconference with one of our Nevada 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.



Fernley, Nevada Patent of the Year – 2024/2025

Hines, Garold Paul has been awarded the 2024/2025 Patent of the Year for his innovative approach to water desalination. Their invention, detailed in U.S. Patent No. 11905186, titled ‘Cryo-thermal desalinator’, introduces a novel method for extracting potable water from raw water sources.

This advanced desalination system utilizes a multi-stage process involving heat exchangers and natural gas to efficiently convert raw water into clean drinking water. The system employs a first heat exchanger to cool raw water using liquid natural gas, forming a mixture of ice and brine. Subsequent heat exchangers further process this mixture, separating water vapor from the brine and condensing it into potable water.

One of the key innovations of this system is its ability to handle both thermal and cryogenic processes, making it more energy-efficient compared to traditional desalination methods. The integration of liquid natural gas allows for effective heat transfer and phase changes, optimizing the desalination process.

Designed for scalability, this technology has the potential to address water scarcity issues in various regions by providing a reliable and efficient means of producing potable water from abundant raw water sources. Its application could be particularly beneficial in areas where traditional desalination methods are not feasible due to energy constraints or environmental concerns.


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Nevada Office 

Swanson Reed | Specialist R&D Tax Advisors
200 S Virginia St
Reno, NV 89501

 

Phone:  (775) 227-9237