Tennessee Patent of the Month – January 2021

Nobody enjoys taking out the trash. We all dread tying the bag, lifting it out of the can, being afraid it might get stuck or tear on the way up. We have to pry the can off of the bag, hoping the contents don’t spill out onto the floor and your hands, especially if the bag was too full (even though you know you can fit more in). And sometimes the bag is so heavy it’s hard to lift out of the trash can. This task, though seemingly easy, sometimes poses trouble which is why 3 Boys Enterprises, LLC has developed a new type of trash can. 

This innovative design features a tapered shape, where the bottom is wider than the top, leaving room for the bag to expand at the bottom as it’s filled. You might think, well then how do you lift it out? You don’t! What makes this trash can so easy to use is that you lift the walls of the can up around the bag. The can’s base is separate from the sidewalls, and is connected by straps that hook onto handles on either side of the outer walls. The base also has short walls, called perimeter walls, that keep the trash bag or other materials from sliding off the base, so if there’s a leak, any liquids will stay contained and won’t spill onto the floor.

Are you adapting existing technology for a new application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

Who We Are:

Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.

Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs.  For more information please visit us at www.swansonreed.org/webinars or contact your usual Swanson Reed representative.

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