R&D Tax Credits for Albuquerque, New Mexico Businesses

Albuquerque, New Mexico, is a major hub for industries such as aerospace, healthcare, education, technology, and manufacturing. Top companies in the city include Sandia National Laboratories, a leading research and development institution; Presbyterian Healthcare Services, a major healthcare provider; the University of New Mexico, a significant educational institution; Intel, a key player in the technology sector; and Kirtland Air Force Base, a prominent aerospace employer. The Research and Development (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 1704 Llano St, Santa Fe, New Mexico is less than 62 miles away from Albuquerque and provides R&D tax credit consulting and advisory services to Albuquerque and the surrounding areas such as: Rio Rancho, Santa Fe, South Valley, Los Lunas and Bernalillo.

If you have any questions or need further assistance, please call or email our local New Mexico Partner on (505) 522-7768.
Feel free to book a quick teleconference with one of our New Mexico 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.



Albuquerque, New Mexico Patent of the Year – 2024/2025

UNM Rainforest Innovations has been awarded the 2024/2025 Patent of the Year for a breakthrough in neuroimaging. Their invention, detailed in U.S. Patent No. 11857306, titled ‘Concurrent MRSI and fMRI’, allows researchers to capture brain function and chemical composition at the same time, improving diagnosis and treatment of neurological conditions.

This patented system combines magnetic resonance spectroscopic imaging (MRSI) with functional magnetic resonance imaging (fMRI) in a single, synchronized scan. It delivers detailed metabolic and functional data in real time, without requiring separate procedures.

The ability to collect both data types concurrently offers faster insights into brain activity, especially in cases involving stroke, brain injury, or neurodegenerative disease. It also reduces scan time, patient movement, and cost, making it more efficient for both clinicians and researchers.

By integrating two powerful imaging techniques into one seamless process, this innovation marks a leap forward in precision medicine. It opens new possibilities for personalized care, where brain chemistry and function are mapped in tandem to guide more accurate interventions.

With this patent, UNM Rainforest Innovations advances not just medical imaging but also our understanding of how the brain works under stress, disease, or therapy. The concurrent MRSI and fMRI system is poised to enhance both clinical practice and neuroscience research worldwide.


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New Mexico Office 

Swanson Reed | Specialist R&D Tax Advisors
1704 Llano St
Santa Fe, NM 87505

 

Phone: (505) 522-7768