Skip to content

 On behalf of the American Council of Engineering Companies (ACEC) – the business association of the nation’s engineering industry – I appreciate the opportunity to submit comments on our priorities in the 2025 tax policy debate. 

Founded in 1906, ACEC is a national federation of 51 state and regional organizations representing more than 5,500 engineering firms and 600,000+ engineers, surveyors, architects, and other specialists nationwide. ACEC member firms drive the design of America’s infrastructure and built environment. 

The ACEC Research Institute, in its 2023 Economic Assessment of the Engineering + Design Services Industry, found that the industry has a significant impact on the U.S. economy: 

  • Total architecture/engineering (A/E) industry contribution to GDP of $627 billion 
  • 5 million total A/E supported jobs 
  • Average wages of $104,800 
  • Total tax collections (federal, state, and local) of $128 billion 

As Congress prepares for a wide-ranging debate over tax policy in 2025, ACEC urges Congress to: 

  • Continue the balanced tax treatment of all business structures, including C corporations, S corporations, partnerships, LLCs, and sole proprietorships. 

Download resource to read more.

Topic Area

Advocacy Priorities, Tax & Innovation Policy

Date

October 10, 2024

Resource Link

View Resource

Scroll To Top