NYS Decoupling from Federal R&E Provisions Survey

ACEC New York is evaluating potential advocacy related to the proposed State budget provision to decouple from federal Research & Experimental (R&E) tax treatment beginning in 2025 (S.9009-A/A.10009-A Parts F&G). We are collecting immediate feedback to quantify member impact. Thank you for your time and responses.

*1.Name(Required.)

*2.Email(Required.)

*3.Firm(Required.)

4.Filing Status

We plan to file our 2025 NYS return by March 15

We plan to file an extension due to uncertainty surrounding this proposal

Filing decision is still under review

5.If filing an extension, is this decision directly related to the decoupling proposal?

Yes

Partially

6.Estimated Financial Impact

Estimated increase in NYS tax liability for 2025:

7.Would shareholders likely need to file amended NYS returns?

Yes

Uncertain

8.Estimated professional fees (USD) for amended returns (firm + shareholders) if known:

9.Administrative Impact
Please check all that apply:

Would create material uncertainty during active filing season

Would require amended NYS returns for shareholders

Would impact NYC tax filings

Would impact other state filings

Would affect cash flow planning

Would discourage R&D or capital investment decisions

Minimal impact to our firm

10.Broader Business Impact
In your view, would this proposal:

Negatively affect engineering firm investment in NYS

Create competitive disadvantage compared to other states

Have no material business impact

Unsure

11.Advocacy Position
Which position should ACEC New York consider?

Oppose retroactive application (apply prospectively only)

Support delayed implementation

Oppose decoupling entirely

Monitor only

Other (please specify)

*12.May ACEC New York reference your firm (anonymously or by name) in advocacy discussions?(Required.)