Hilton Head Island R&D Tax Credit: Key Benefits for Businesses

R&D Tax Credits for Hilton Head Island, South Carolina Businesses

Hilton Head Island, South Carolina, is known for industries such as tourism, healthcare, education, retail, and technology. Top companies in the city include the Hilton Head Island-Bluffton Chamber of Commerce, a leading tourism organization; Hilton Head Hospital, a major healthcare provider; the Hilton Head Island School District, a significant educational institution; the Shelter Cove Towne Centre, a key player in the retail sector; and Blackbaud, a prominent technology company.

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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 4000 South Faber Place Drive, Charleston, South Carolina is less than 100 miles away from Hilton Head Island and provides R&D tax credit consulting and advisory services to Hilton Head Island and the surrounding areas such as: Bluffton, Beaufort, Port Royal, Hardeeville and Burton.

If you have any questions or need further assistance, please call or email our local South Carolina Partner on (843) 459-7912.
Feel free to book a quick teleconference with one of our South 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.

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Hilton Head Island, South Carolina Patent of the Year – 2024/2025

SwingFit Inc. has been awarded the 2024/2025 Patent of the Year for their innovative approach to golf club fitting. Their invention, detailed in U.S. Patent Application No. 20240293698, titled ‘Custom golf club fitting’, leverages advanced motion tracking and machine learning to personalize golf equipment recommendations.

By analyzing data from various motion capture systems – such as optical, accelerometer, LIDAR, or markerless video – SwingFit’s method creates a predictive algorithm tailored to an individual golfer’s swing mechanics. This technology evaluates both body and club movements throughout the entire swing, offering a comprehensive assessment.

The system identifies optimal specifications for a golf club, including shaft stiffness, weight, balance point, club head weight, center of gravity, and build dimensions like length and grip size. These personalized recommendations aim to enhance performance by minimizing shot dispersion and optimizing ball speed and spin.

Designed to accommodate golfers of all skill levels, SwingFit’s approach democratizes access to custom fitting. It utilizes a continuously updated database of swing data from diverse golfers, ensuring that each recommendation is grounded in a broad spectrum of real-world performance data.

With this patent, SwingFit Inc. sets a new standard in golf club fitting, combining cutting-edge technology with personalized insights to help golfers play their best game.