Unpacking the Landmark Tax Reconciliation Bill for Engineering Firms

In this episode, dive into the intricate details of the recently passed tax reconciliation package, a significant legislative achievement for the engineering and business communities. Join Katharine Mottley, ACEC's VP of Tax and Workforce Policy, and Jake Triolo from Capital Tax Partners as they explore the key provisions of this sweeping legislation. Discover how ACEC's advocacy efforts have led to major tax benefits such as the permanency of the 199A, 20% pass-through deduction, and the permanent 21% corporate tax rate. Learn about the implications for R&D amortization and other significant changes affecting engineering firms across the country. Stay tuned as we discuss the nuances of the bill and its future impact on the industry.