R&D Tax Credits for Norman, Oklahoma Businesses

Norman, Oklahoma, is known for industries such as education, healthcare, technology, manufacturing, and retail. Top companies in the city include the University of Oklahoma, a leading educational institution; Norman Regional Health System, a major healthcare provider; Dell, a significant technology employer; Hitachi Computer Products, a key player in the manufacturing sector; and the Sooner Mall, a prominent retail complex. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements. By reducing tax liability, businesses can reinvest in R&D enhancing their competitiveness and driving economic growth in Norman.

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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 6608 N Western Avenue, Oklahoma City, Oklahoma is less than 25 miles away from Norman and provides R&D tax credit consulting and advisory services to Norman and the surrounding areas such as: Oklahoma City, Edmond, Moore, Midwest City and Shawnee.

If you have any questions or need further assistance, please call or email our local Oklahoma Partner on (405) 551-8337.
Feel free to book a quick teleconference with one of our Oklahoma 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.



Norman, Oklahoma Patent of the Year – 2024/2025

Real Value LLC has been awarded the 2024/2025 Patent of the Year for a smart reimagining of everyday container lids. Their invention, detailed in U.S. Patent No. 11891224, titled ‘Vessel lid and methods of making and using same’, introduces a versatile, secure, and easy-to-use lid system designed to improve how we store and access contents in containers.

This innovative lid features a flexible sealing mechanism that creates a tight, leak-resistant closure while remaining simple to open and reseal. The design can adapt to various container sizes and materials, making it ideal for food storage, pharmaceuticals, and household goods.

Unlike traditional snap-on or screw-on lids, the Real Value solution allows for repeated use without warping or losing its seal. The lid is made from durable, user-safe materials and can be produced using cost-effective manufacturing methods, improving both sustainability and accessibility.

The invention also includes features that enhance hygiene and product integrity. Its design limits contamination and leakage, making it especially useful in settings where freshness and cleanliness are critical. It can also be customized for tamper evidence, which is important for safety and quality assurance.

With this practical yet forward-thinking solution, Real Value LLC bridges the gap between convenience and reliability in everyday packaging. Their new vessel lid could set a new standard for containers across industries.


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Oklahoma Office 

Swanson Reed | Specialist R&D Tax Advisors
6608 N Western Avenue
Oklahoma City, OK 73116

 

Phone: (405) 551-8337