R&D Tax Credits for Raleigh, North Carolina Businesses

Raleigh, North Carolina, thrives in industries such as technology, healthcare, education, manufacturing, and retail. Top companies in the city include IBM, a leading technology company; WakeMed Health & Hospitals, a major healthcare provider; North Carolina State University, a significant educational institution; Cisco Systems, a key player in the manufacturing sector; and SAS Institute, 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 115 miles away from Raleigh and provides R&D tax credit consulting and advisory services to Raleigh and the surrounding areas such as: Durham, Cary, Chapel Hill, Apex and Wake Forest.

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.



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

Lumeova Inc. has been awarded the 2024/2025 Patent of the Year for innovation in high-speed wireless data transfer. Their invention, detailed in U.S. Patent No. 11901940, titled ‘Methods, devices, and systems for timing and bandwidth management of ultra-wideband, wireless communication channels’, introduces a smarter way to manage ultra-wideband (UWB) wireless connections for faster, more reliable performance.

The patented technology optimizes how devices handle timing and bandwidth in UWB systems. It improves signal coordination and reduces interference, allowing more devices to share high-speed channels without losing performance. This is especially useful in environments with dense wireless traffic or where ultra-fast communication is essential.

Lumeova’sapproach makes next-generation wireless networks more efficient. It supports the growing need for data-intensive applications such as virtual reality, autonomous vehicles, and ultra-high-definition streaming. With this system, users experience stronger connections and faster data speeds, even in crowded digital spaces.

This innovation positions Lumeova as a key player in the race to deliver seamless wireless connectivity. By solving key timing and bandwidth challenges, the company’s breakthrough moves UWB technology one step closer to everyday use across industries.


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North Carolina Office 

Swanson Reed | Specialist R&D Tax Advisors
6255 Towncenter Drive
Suite #816
Clemmons, NC 27012

 

Phone: (984) 480-4601