Categories
Categories
Member Action Needed on R&D Amortization
Since 1954, Section 174 of the federal tax code allowed businesses to deduct qualified research expenses in the year those costs were incurred. Congress created the related R&D tax credit in 1981.
As part of the Tax Cuts and Jobs Act of 2017, Congress changed how taxpayers write off R&D expenses. Starting on January 1, 2022, firms could no longer write off R&D expenses in the year they were incurred and now must amortize those expenses over five years in most cases.
Indemnification Bill Approved in Ohio General Assembly
Senate Bill 56, a bill that would regulate the use of indemnity provisions in contracts related to public improvements has been approved.
ACEC Marks the One-Year Anniversary of the IIJA
On the heels of the hard-fought midterm elections, the one-year anniversary of the enactment of the historic Infrastructure Investment and Jobs Act (IIJA) is a good opportunity to remind lawmakers and the public about the continued bipartisan support for addressing our infrastructure needs.
White House Fact Sheet on IIJA Implementation
Read the White House's fact sheet on the implementation of the IIJA.
ACEC's Steve Hall Named Top Lobbyist
ACEC is pleased to announce that Steve Hall, ACEC's Senior Vice President of Advocacy has been recognized as a top lobbyist by the National Institute for Lobbying and Ethics.
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Brown and Caldwell announce Euan Finlay has been promoted from senior vice president to chief operating officer (COO), effective immediately. A senior executive with 25 years of experience, Finlay excels in leading organizations and teams to deliver excellence to clients while driving sustainable growth.
VHB welcomes Meghan Powell as Director of Transit and Rail for the Mid-Atlantic region. In this role, Powell will carve a path forward for VHB's Transit and Rail service line by strategically leading the development and implementation of its growth strategy.
Brown and Caldwell today announced Vice President Dr. Kati Bell has been appointed a fellow of the UC Irvine Water-Energy Nexus Center (WEX Center).
The WEX Center promotes fundamental and applied research at the water-energy nexus in partnership with industry. Its research focuses on all dimensions of power/energy use and efficiency in the water processing sector, including extraction, treatment, conveyance, reclamation, and reuse.
Indicators
Engineering Employment
1,603,500 (February)
1,599,100 (January)
Construction Spending
$1,677,200,000 (January)
$1,655,800,000 (December)
Dodge Momentum Index
158.2 (February)
151.7 (January))
Morrissey Goodale U.S. M&A Index
425 Deals—Up 33 percent year-over-year
AIA Billings Index
51.0 (January)
51.0 (December)
Engineering Career Opportunities
