Oregon and the R&D Tax Credit

Oregon does not offer a state-specific Research and Development (R&D) tax credit, meaning businesses operating within the state cannot claim a credit against state taxes for qualifying R&D activities. However, Oregon is home to a variety of dynamic industries, including technology, manufacturing, forestry, healthcare, and renewable energy, all of which frequently engage in innovative practices and technological advancements. Despite the lack of a state R&D credit, businesses in these industries may still qualify for the federal R&D tax credit, which provides a significant incentive for companies investing in research and development.

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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 1050 Southwest 6th Avenue, Portland, Oregon provides R&D tax credit consulting and advisory services to Portland, Eugene, Salem, Gresham, Hillsboro, Beaverton, Bend, Medford, Springfield and Corvallis.

If you have any questions or need further assistance, please call or email our local Oregon Partner on (971) 332-8516.
Feel free to book a quick teleconference with one of our Oregon 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.


R&D Tax Credit Training for OR CPAs

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R&D Tax Credit Training for OR CFPs

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R&D Tax Credit Training for OR SMBs

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Oregon Patent of the Year – 2024/2025

Terra CO2 Technology Holdings Inc. has been awarded the 2024/2025 Patent of the Year for their innovative approach to sustainable cement production. Their invention, detailed in U.S. Patent No. 11161786, titled ‘Alkali sulfate-activated blended cement’, introduces a method for creating high-performance cementitious materials from abundant, non-industrial feedstocks.

This novel process involves producing microspheroidal glassy particles with a mean roundness greater than 0.7 and a Sauter mean diameter between 1 and 20 micrometers. These particles are synthesized through an in-flight melting and quenching technology, where solid particles are suspended, melted, and rapidly cooled to form glassy structures. The resulting material is then combined with Portland cement, metakaolin, and an alkali sulfate activator to create a blended cement.

One of the key advantages of this method is its ability to produce high-quality cementitious materials without relying on industrial by-products like fly ash, which are becoming increasingly scarce. The use of abundant raw materials reduces dependence on limited resources and enhances the sustainability of concrete production.

Terra CO2’s innovative approach offers a promising solution to the environmental challenges associated with traditional cement manufacturing, paving the way for more sustainable construction practices.


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Oregon Office 

Swanson Reed | Specialist R&D Tax Advisors
1050 Southwest 6th Avenue
Portland, OR 97204

 

Phone:  (971) 332-8516