Greenville R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Greenville, North Carolina Businesses

Greenville, North Carolina, thrives in industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Vidant Health, a leading healthcare provider; East Carolina University, a major educational institution; Grady-White Boats, a significant manufacturing employer; Walmart, a key player in the retail sector; and Thermo Fisher Scientific, a prominent technology company. The R&D Tax Credit can provide tax savings for these industries by incentivizing 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 200 miles away from Greenville and provides R&D tax credit consulting and advisory services to Greenville and the surrounding areas such as: Rocky Mount, Wilson, Goldsboro, New Bern and Kinston.

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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Greenville, North Carolina Patent of the Year – 2024/2025

LBA Group Inc. has been awarded the 2024/2025 Patent of the Year for its innovative approach to portable lightning protection. Their invention, detailed in U.S. Patent Application No. 20240313518, titled ‘Portable lightning protection system base assembly and method of using same’, introduces a modular base assembly designed for rapid deployment and stability in safeguarding critical assets from lightning strikes.

This portable system features a hexagonal outer base structure and a triangular inner framework, connected by radially extending beams. Angled support members attach to a central mast, ensuring structural integrity and resistance to high wind conditions. The design allows for quick assembly and disassembly, making it ideal for temporary installations.

Utilizing quick connect/disconnect fasteners, the system can be set up without specialized tools, reducing deployment time and labor costs. Its portability makes it suitable for various applications, including protecting communication equipment, temporary structures, and sensitive installations in remote locations.

By addressing the need for flexible and reliable lightning protection, LBA Group’s invention offers a practical solution for industries requiring temporary yet robust safeguards against lightning-related hazards.