Wilmington R&D Tax Credit Benefits for Businesses

R&D Tax Credits for Wilmington, North Carolina Businesses

Wilmington, North Carolina, thrives in industries such as healthcare, education, manufacturing, retail, and tourism. Top companies in the city include New Hanover Regional Medical Center, a leading healthcare provider; the University of North Carolina Wilmington, a major educational institution; Corning, a significant manufacturing employer; Walmart, a key player in the retail sector; and the Battleship North Carolina, a prominent tourism attraction. The R&D Tax Credit can provide tax savings for these industries by incentivizing innovation and technological advancements.

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 6255 Towncenter Drive, Clemmons, North Carolina is less than 245 miles away from Wilmingron and provides R&D tax credit consulting and advisory services to Wilmington and the surrounsing areas such as: Leland, Murraysville, Myrtle Grove, Ogden and Carolina Beach.

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.

Schedule a Teleconference

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

Mad Mole Brewing LLC has been awarded the 2024/2025 Patent of the Year for brewing innovation. Their invention, detailed in U.S. Patent No. 11932834, titled ‘Method and device for adding hops to a fermentation vessel’, streamlines dry hopping for craft brewers by making the process safer, cleaner, and more efficient.

This patent introduces a novel system that allows hops to be added to a sealed fermenter without exposing the beer to oxygen or contaminants. The design includes a pressurizable canister that attaches directly to the fermenter, enabling hop delivery under pressure with minimal disruption to fermentation.

The result is better flavor consistency, reduced risk of spoilage, and easier cleanup. Brewers can now experiment with late-stage hop additions without risking batch quality. It also saves time and labor, which is a major win for small- to mid-sized operations.

Mad Mole Brewing LLC, known for its solar-powered operations and commitment to sustainable practices, continues to push the boundaries of craft brewing. This invention reflects the team’s focus on innovation that supports both quality and efficiency in the brewing process.