Layton R&D Tax Credit Explained for Businesses

R&D Tax Credits for Layton, Utah Businesses

Layton, Utah, is known for industries such as healthcare, education, manufacturing, retail, and technology. Top companies in the city include Davis Hospital and Medical Center, a leading healthcare provider; the Davis School District, a major educational institution; Hill Air Force Base, a significant manufacturing employer; the Layton Hills Mall, a key player in the retail sector; and Hill Air Force Base, 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 222 South Main Street, Salt Lake City, Utah is less than 25 miles away from Layton and provides R&D tax credit consulting and advisory services to Layton and the surrounding areas such as: Salt Lake City, West Valley City, West Jordan, Provo and Orem.

If you have any questions or need further assistance, please call or email our local Utah Partner on (385) 715-1116.
Feel free to book a quick teleconference with one of our Utah 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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Layton, Utah Patent of the Year – 2024/2025

American CNG LLC has been awarded the 2024/2025 Patent of the Year for its innovative approach to enhancing diesel engine efficiency. Their invention, detailed in U.S. Patent No. 11952969, titled ‘Supplemental fuel system for compression-ignition engine’, introduces a system that integrates supplemental fuels like compressed natural gas (CNG) into diesel engines, aiming to reduce emissions and improve performance.

American CNG’s system features a fuel mixer with a nozzle and stem designed to introduce supplemental fuel into the engine’s air intake. The nozzle is positioned within the air conduit, allowing a portion of the intake air to mix with the supplemental fuel, while the remaining air flows around the nozzle. This design ensures a balanced air-fuel mixture, optimizing combustion efficiency.

The stem extends through the conduit wall, connecting the supplemental fuel source to the nozzle. This configuration allows for precise control of fuel delivery, enhancing engine responsiveness and reducing fuel consumption. The system’s design also facilitates easy integration into existing engine architectures without significant modifications.

By enabling diesel engines to utilize cleaner-burning supplemental fuels, this innovation addresses environmental concerns associated with traditional diesel combustion. It offers a practical solution for industries seeking to reduce their carbon footprint while maintaining engine performance. American CNG’s invention represents a significant step toward more sustainable and efficient heavy-duty transportation solutions.