R&D Tax Credits for Wilson, North Carolina Businesses

Wilson, North Carolina, is known for industries such as healthcare, education, manufacturing, retail, and agriculture. Top companies in the city include Wilson Medical Center, a leading healthcare provider; Wilson Community College, a major educational institution; Bridgestone, a significant manufacturing employer; the Wilson Mall, a key player in the retail sector; and the Vollmer Farm, a prominent agricultural company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

Are you eligible?

R&D Tax Credit Eligibility AI Tool

Why choose us?

directive for LBI taxpayers

Pass an Audit?

directive for LBI taxpayers

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 165 miles away from Wilson and provides R&D tax credit consulting and advisory services to Wilson and the surrounding areas such as: Durham, Fayetteville, Cary, Greenville and Rocky Mount.

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.



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

Rhodes Technologies Inc. has been awarded the 2024/2025 Patent of the Year for a groundbreaking innovation in pharmaceutical manufacturing. Their invention, detailed in U.S. Patent No. 12060361, titled ‘Process for preparing oxycodone hydrochloride having less than 25 ppm 14-hydroxycodeinone’, introduces a novel method to produce a key opioid medication with significantly reduced impurities.

This new process addresses a longstanding challenge in the production of oxycodone hydrochloride: minimizing the presence of 14-hydroxycodeinone, a byproduct that can affect the drug’s safety and efficacy. By achieving levels below 25 parts per million, the method enhances the purity of the final product, potentially leading to safer medications for patients.

The implications of this advancement extend beyond pharmaceutical manufacturing. With stricter regulations and growing concerns over opioid safety, this innovation offers a pathway to producing higher-quality medications that meet regulatory standards and public health expectations. It represents a significant step forward in the ongoing efforts to improve the safety profile of opioid-based treatments.

Rhodes Technologies Inc.’s achievement underscores the importance of continuous innovation in the pharmaceutical industry, aiming to balance effective pain management with patient safety. This patent not only highlights their technical expertise but also their commitment to addressing critical issues in drug manufacturing.


R&D Tax Credit Training for NC CPAs

directive for LBI taxpayers

Upcoming Webinar

 

R&D Tax Credit Training for NC CFPs

bigstock Image of two young businessmen 521093561 300x200

Upcoming Webinar

 

R&D Tax Credit Training for NC SMBs

water tech

Upcoming Webinar

 


Choose your state

find-us-map

Never miss a deadline again

directive for LBI taxpayers

Stay up to date on IRS processes

Discover R&D in your industry

Contact Us


North Carolina Office 

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

 

Phone: (984) 480-4601