State College R&D Tax Credit Explained for Businesses

R&D Tax Credits for State College, Pennsylvania Businesses

State College, Pennsylvania, thrives in industries such as education, healthcare, technology, manufacturing, and retail. Top companies in the city include Penn State University, a leading educational institution; Mount Nittany Medical Center, a major healthcare provider; AccuWeather, a significant technology employer; Corry Jamestown Corporation, a key player in the manufacturing sector; and the Nittany Mall, a prominent retail complex. The R&D Tax Credit can provide tax savings for these industries by incentivizing innovation and technological advancements.

This allows businesses to reinvest in R&D, improve operations, and develop new products, boosting their competitiveness and contributing to State College’s economic growth.

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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 2001 Market Street, Philadelphia, Pennsylvania provides R&D tax credit consulting and advisory services to State College.

If you have any questions or need further assistance, please call or email our local Pennsylvania Partner on (267) 899-0130.
Feel free to book a quick teleconference with one of our Pennsylvania 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.

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