Poughkeepsie R&D Tax Credit Explained for Businesses

R&D Tax Credits for Poughkeepsie, New York Businesses

Poughkeepsie, New York, is known for industries such as healthcare, education, manufacturing, technology, and retail. Top companies in the city include Vassar Brothers Medical Center, a leading healthcare provider; Marist College, a major educational institution; IBM, a significant manufacturing employer; Central Hudson Gas & Electric, a key player in the technology sector; and the Poughkeepsie Galleria, a prominent retail complex. By reducing tax liability, businesses can reinvest in R&D, improve efficiency, and develop new products, enhancing their competitiveness and driving economic growth in Poughkeepsie.

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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 350 Northern Blvd, Albany, New York is less than 85 miles away from Poughkeepsie and provides R&D tax credit consulting and advisory services to Poughkeepsie and the surrounding areas such as: East Fishkill town, Wappinger town, Fishkill town, Hyde Park town and Beacon.

If you have any questions or need further assistance, please call or email our local New York Partner on (518) 801-0616.
Feel free to book a quick teleconference with one of our New York 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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Poughkeepsie, New York Patent of the Year – 2024/2025

James L. Taylor Manufacturing Company Inc. has been awarded the 2024/2025 Patent of the Year for innovation in automated material handling. Their invention, detailed in U.S. Patent No. 11969766, titled ‘Article sorting and nesting device’, introduces a mechanical system that efficiently organizes and stacks irregularly shaped items.

The device uses a combination of powered rollers, sensors, and nesting mechanisms to sort articles like wooden panels or components and automatically arrange them for storage or shipping. The system reduces the need for manual handling and boosts production speed and consistency in woodworking and manufacturing environments.

By allowing differently sized parts to be neatly nested without gaps or wasted space, the invention improves both workflow efficiency and material use. It also enhances safety by limiting human contact with heavy or sharp materials during the sorting process.

This technology reflects James L. Taylor Manufacturing Company Inc.’s long-standing commitment to automating traditional woodworking operations. Their latest invention empowers manufacturers to scale production while reducing labor costs and workplace injuries. It’s a smart leap forward for factories seeking precision, speed, and space-saving solutions in today’s fast-paced production landscape.