R&D Tax Credits for Lakewood, New Jersey Businesses

Lakewood, New Jersey, is known for industries such as healthcare, education, retail, manufacturing, and technology. Top companies in the city include Monmouth Medical Center, a leading healthcare provider; Beth Medrash Govoha, a major educational institution; Walmart, a significant retail employer; Lakewood Industrial Park, a key player in the manufacturing sector; and Oracle, a prominent technology 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 100 Horizon Center Boulevard, Hamilton, New Jersey is less than 30 miles away from Lakewood and provides R&D tax credit consulting and advisory services to Lakewood and the surrounding areas such as: Lakewood Township, Toms River, Brick Township, Jackson Township and Howell Township.

If you have any questions or need further assistance, please call or email our local New Jersey Partner on (609) 900-2488.
Feel free to book a quick teleconference with one of our New Jersey 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.



Lakewood, New Jersey Patent of the Year – 2024/2025

Vinylast Inc. has been awarded the 2024/2025 Patent of the Year for innovation in structural fastening. Their invention, detailed in U.S. Patent No. 12116784, titled ‘Wood post bracket’, offers a more secure and efficient way to anchor wooden posts to vinyl surfaces.

This new bracket design simplifies the installation of wooden posts in vinyl railing and fencing systems. The bracket provides a strong, stable connection that reduces wobble and increases long-term durability, even under heavy use or outdoor conditions.

Traditional brackets can fail over time due to moisture, shifting ground, or weak fasteners. Vinylast’s solution addresses these issues with a reinforced structure and improved mounting strategy that keeps posts aligned and secure. The design includes an innovative clamping mechanism that better grips the post and base, minimizing movement and wear.

This invention is ideal for decks, patios, and fencing projects where safety, stability, and clean aesthetics matter. It helps contractors save time during installation and reduces the risk of maintenance down the line.

With this patent, Vinylast Inc. continues to lead in outdoor construction technology. Their bracket offers a practical, cost-effective improvement for builders and homeowners alike, enhancing both the look and function of modern outdoor structures.


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New Jersey Office 

Swanson Reed | Specialist R&D Tax Advisors
100 Horizon Center Boulevard
Hamilton, NJ 08691