Cranston R&D Tax Credit Benefits for Corporations

R&D Tax Credits for Cranston, Rhode Island Businesses

Cranston, Rhode Island, is known for industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include the Eleanor Slater Hospital, a leading healthcare provider; the Cranston Public School District, a major educational institution; Taco Comfort Solutions, a significant manufacturing employer; the Garden City Center, a key player in the retail sector; and Amica Mutual Insurance, a prominent technology company. The R&D Tax Credit can help these industries save on taxes by encouraging innovation and technological advancements.

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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 270 Bellevue Avenue, Newport, Rhode Island is less than 35 miles away from Cranston and provides R&D tax credit consulting and advisory services to Cranston and the surrounding areas such as: Providence, Warwick, Pawtucket, Woonsocket and Fall River.

If you have any questions or need further assistance, please call or email our local Rhode Island Partner on (401) 406-8880.
Feel free to book a quick teleconference with one of our Rhode Island 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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Cranston, Rhode Island Patent of the Year – 2024/2025

Productive Collaboration LLC has been awarded the 2024/2025 Patent of the Year for its innovative jewelry clasp design. Their invention, detailed in U.S. Patent No. 11986070, titled ‘Necklace keeper’, introduces a user-friendly clasp that securely fastens necklaces and accommodates charms, enhancing both functionality and style.

This novel clasp features a support ring and a guide ring, each forming an incomplete circle to create respective gaps. A sliding lock pad, biased by a spring, engages with the top head piece of the support ring. In its locked position, the pad prevents rotation between the rings, securing the necklace. When released, it allows the rings to rotate, aligning their gaps for easy attachment or removal of the necklace and charms.

The design simplifies the process of fastening and unfastening necklaces, addressing common difficulties associated with traditional clasps. Its ability to hold charms adds a customizable element, allowing wearers to personalize their jewelry effortlessly.

By combining ease of use with aesthetic versatility, Productive Collaboration LLC’s necklace keeper offers a practical solution for jewelry enthusiasts seeking both security and personalization in their accessories.