Laredo R&D Tax Credit Explained for Businesses

R&D Tax Credits for Laredo, Texas Businesses

Laredo, Texas, thrives in industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Doctors Hospital of Laredo, a leading healthcare provider; Texas A&M International University, a major educational institution; Laredo Energy, a significant manufacturing employer; the Mall del Norte, a key player in the retail sector; and Laredo Energy, a prominent technology company. The R&D Tax Credit can provide tax savings for these industries by incentivizing 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 108 Wild Basin Rd South, Austin is less than 240 miles from Laredo and provides R&D tax credit consulting and advisory services to Laredo and the surrounding areas such as: Nuevo Laredo, Rio Bravo, El Cenizo, Zapata and Hebbronville.

If you have any questions or need further assistance, please call or email our local Austin Partner on (512) 333-2076.
Feel free to book a quick teleconference with one of our Texas 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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Laredo, Texas Patent of the Year – 2024/2025

Potencia Industrial LLC has been awarded the 2024/2025 Patent of the Year for its innovation in resilient energy systems. Their invention, detailed in U.S. Patent Application No. 20240235253, titled ‘Uninterruptible power supply system with engine start-up’, introduces a hybrid power architecture that ensures seamless energy delivery during outages by integrating advanced mechanical and electrical components.

The system combines a regulated power source with a synchronous machine, flywheel, and generator, all sharing a common shaft. This configuration allows the flywheel to store kinetic energy, which can be used to start an internal combustion engine without relying on traditional starter motors. The design includes a rotating rectifier and a switch that manages power flow between the mains supply, the generator, and the load, ensuring continuous power delivery even during engine startup.

By eliminating the need for conventional engine starters and incorporating a flywheel for energy storage, the system enhances reliability and reduces maintenance requirements. This approach is particularly beneficial for critical infrastructure where uninterrupted power is essential.

Potencia Industrial’s innovation offers a robust solution for modern energy challenges, providing a reliable and efficient uninterruptible power supply system that can adapt to various applications, from industrial settings to emergency services.