R&D Tax Credits for Taylorsville, Utah Businesses

Taylorsville, Utah, thrives in various industries, including healthcare, education, manufacturing, retail, and technology. Top companies in the city include Intermountain Medical Center, a leading healthcare provider; the Granite School District, a major educational institution; BD Medical, a significant manufacturing employer; the Valley Fair Mall, a key player in the retail sector; and Overstock.com, 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 222 South Main Street, Salt Lake City, Utah is less than 15 miles away from Taylorsville and provides R&D tax credit consulting and advisory services to Taylorsville and the surrounding areas such as: West Valley City, West Jordan, Provo, Orem and Sandy.

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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Taylorsville, Utah Patent of the Year – 2024/2025

Sorenson IP Holdings LLC has been awarded the 2024/2025 Patent of the Year for their groundbreaking innovation in sign language translation. Their invention, detailed in U.S. Patent No. 12131586, titled ‘Methods, systems, and machine-readable media for translating sign language content into word content and vice versa’, introduces an AI-powered system that enables real-time, automated translation between sign language and spoken language.

This advanced communication system utilizes a translation engine that processes video streams containing sign language, converting them into text without human intervention. By analyzing contextual cues such as motion patterns, facial expressions, and body movements, the system accurately interprets signs, ensuring precise translations. This technology is particularly valuable in scenarios where human interpreters are unavailable, providing immediate accessibility for Deaf and hard-of-hearing individuals.

Beyond its technical prowess, the invention addresses a critical need for inclusive communication solutions. It empowers users to engage in conversations seamlessly, fostering greater independence and participation in various settings, from educational institutions to workplaces. As part of Sorenson’s broader commitment to accessibility, this patent represents a significant step toward bridging communication gaps and enhancing the quality of life for the Deaf community.

With this award, Sorenson IP Holdings LLC reaffirms its leadership in developing innovative technologies that promote inclusivity and accessibility, setting a new standard in the field of sign language translation.