Vancouver R&D Tax Credit Overview for Businesses

R&D Tax Credits for Vancouver, Washington Businesses

Vancouver, Washington, is home to industries such as healthcare, manufacturing, technology, and logistics. Top companies in the city include PeaceHealth, a leading healthcare provider; SEH America, a major semiconductor manufacturer; HP Inc., a technology company; FedEx, a global logistics provider; and Banfield Pet Hospital, a prominent veterinary services provider. The R&D tax credit can help these businesses save on taxes by encouraging innovation and technological advancements. By reducing tax liability, companies can reinvest savings into further R&D, workforce development, and operational improvements, enhancing business performance and competitiveness.

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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 Columbia Tower, 701 5th Ave, Seattle, Washington is less than 165 miles away from Vancouver and provides R&D tax credit consulting and advisory services to Vancouver and the surrounding areas such as: Portland, Beaverton, Salmon Creek, Orchards and Hazel Dell.

If you have any questions or need further assistance, please call or email our local Washington Partner on (206) 558-3300.
Feel free to book a quick teleconference with one of our Washington 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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Vancouver, Washington Patent of the Year – 2024/2025

Night and Day Furniture LLC has been awarded the 2024/2025 Patent of the Year for innovation in multifunctional home design. Their invention, detailed in U.S. Patent No. 11910925, titled ‘Furniture objects including hidden containers’, introduces a new generation of space-saving furniture with built-in concealed storage compartments.

This patented design transforms everyday furniture like beds, dressers, and desks into dual-purpose solutions. The hidden containers are integrated in a way that preserves the furniture’s look and function while offering secure, discreet storage. Users can stash valuables, documents, or other personal items without compromising on aesthetics or accessibility.

The system includes locking mechanisms and intuitive access points that blend seamlessly into the furniture. It provides a practical solution for smaller living spaces and enhances privacy in shared environments. From urban apartments to college dorms, the technology answers the growing demand for efficient, unobtrusive storage.

Night and Day Furniture’s approach to design prioritizes form and function, merging traditional craftsmanship with modern convenience. This innovation offers peace of mind to consumers looking to protect belongings without adding clutter. It redefines how we think about storage and sets a new standard for intelligent furniture design.