Asheville R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Asheville, North Carolina Businesses

Asheville, North Carolina, is known for industries such as healthcare, education, tourism, manufacturing, and retail. Top companies in the city include Mission Health, a leading healthcare provider; the University of North Carolina at Asheville, a major educational institution; the Biltmore Estate, a significant tourism attraction; Eaton Corporation, a key player in the manufacturing sector; and the Asheville Mall, a prominent retail complex. 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 6255 Towncenter Drive, Clemmons, North Carolina is less than 135 miles away from Ashville and provides R&D tax credit consulting and advisory services to Asheville and the surrounding areas such as: Gastonia, Hickory, Greenville, Concord and Hendersonville.

If you have any questions or need further assistance, please call or email our local North Carolina Partner on (984) 480-4601.
Feel free to book a quick teleconference with one of our North Carolina 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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Asheville, North Carolina Patent of the Year – 2024/2025

RISC Networks LLC has been awarded the 2024/2025 Patent of the Year for its innovative approach to cloud migration decision-making. Their invention, detailed in U.S. Patent No. 11915166, titled ‘Method for facilitating network external computing assistance’, introduces a system that automates the evaluation and selection of cloud service providers for network computing tasks.

This method employs an automated discovery system to assess a network’s computing tasks and dependencies. It identifies suitable cloud service providers capable of performing these tasks and evaluates their pricing and capabilities. The system then generates a visual representation, allowing network operators to compare providers and make informed decisions about migrating tasks to the cloud.

By streamlining the process of selecting cloud services, this invention reduces the complexity and time involved in cloud migration. It enables organizations to efficiently leverage external computing resources, optimizing performance and cost-effectiveness.

RISC Networks’ innovation stands to significantly impact how businesses approach cloud integration, offering a practical tool for navigating the complexities of modern network computing environments.