Schenectady R&D Tax Credit Explained for Businesses

R&D Tax Credits for Schenectady, New York Businesses

Schenectady, New York, is known for industries such as healthcare, education, manufacturing, technology, and retail. Top companies in the city include Ellis Medicine, a leading healthcare provider; Union College, a major educational institution; General Electric, a significant manufacturing employer; GlobalFoundries, a key player in the technology sector; and Proctors Theatre, a prominent retail and entertainment 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 Schenectady.

find out more

Are you eligible?

Why choose us?

Pass an Audit?

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 20 miles away from Schenectady and provides R&D tax credit consulting and advisory services to Schenectady and the surrounding areas such as: Albany, Troy, Clifton Park, Guilderland and Saratoga Springs.

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.

Schedule a Teleconference

Schenectady, New York Patent of the Year – 2024/2025

Epic Airway Systems Inc. has been awarded the 2024/2025 Patent of the Year for its breakthrough in airway management. Their invention, detailed in U.S. Patent No. 11975148, titled ‘Intubation devices and methods of use’, introduces a novel intubation system designed to improve emergency airway access and patient safety.

The patented device features a flexible, pre-curved intubation guide with integrated channels to support airflow and facilitate easier tube placement. It also allows for faster, more accurate intubation, especially in high-stress or emergency settings. This innovation reduces the risk of injury during the procedure and supports better clinical outcomes.

Designed with both patients and providers in mind, the system improves visibility and maneuverability during insertion. Its user-friendly form helps even less experienced clinicians achieve successful intubation on the first attempt. The method also accommodates different anatomical variations, making it a versatile tool across various medical environments.

Epic Airway Systems Inc. is setting a new standard for life-saving airway management. This invention has the potential to streamline critical procedures, reduce complications, and enhance care delivery in hospitals, ambulances, and field operations worldwide.