Rio Rancho R&D Tax Credit for Local Businesses

R&D Tax Credits for Rio Rancho, New Mexico Businesses

Rio Rancho, New Mexico, is known for industries such as technology, healthcare, education, retail, and manufacturing. Top companies in the city include Intel, a leading technology company; Presbyterian Rust Medical Center, a major healthcare provider; Central New Mexico Community College, a significant educational institution; Walmart, a key player in the retail sector; and Hewlett Packard Enterprise, a prominent manufacturing employer. 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 1704 Llano St, Santa Fe, New Mexico is less than 55 miles away from Rio Rancho and provides R&D tax credit consulting and advisory services to Rio Rancho and the surrounding areas such as: Santa Fe, Los Lunas, Bernalillo, Corrales and Española.

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.

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Rio Rancho, New Mexico Patent of the Year – 2024/2025

Q Biotech Corp. has been awarded the 2024/2025 Patent of the Year for a groundbreaking approach to fluid control. Their invention, detailed in U.S. Patent Application No. 20240218866, titled ‘Macro-fluidic and micro-fluidic systems and methods using magnetoactive soft materials’, enables precise movement of liquids using flexible magnetic components.

The system relies on magnetically responsive soft materials to manipulate fluids without pumps or valves. This allows for smoother, more reliable flow control in both large and microscopic systems. The technology works at multiple scales, from industrial processing to compact lab-on-a-chip devices.

This advancement could transform fields like biomedical diagnostics, chemical testing, and drug delivery. By removing traditional mechanical parts, the design reduces wear and increases reliability. It also opens new possibilities for devices operating in remote or mobile environments where maintenance is difficult.

Q Biotech Corp.’s invention supports greater automation and miniaturization in scientific and medical tools. It can help speed up testing, lower costs, and create safer, more responsive systems across a range of industries.

This patent highlights how soft materials and smart design can solve complex challenges in fluid dynamics. As demand grows for compact, efficient systems, innovations like this bring powerful new capabilities to research labs, clinics, and production lines alike.