To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes.

TAX - Fourth Quarter Report - 2018 H.R. 1 - Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393 - Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. S. 540 - Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $620,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

AMT Sequestration--Impact of mandatory sequestration on the refundability of corporate AMT tax credits. H.R. 1625, Consolidated Appropriations Act of 2018-- FY 18 Omnibus Spending Proposals related to both corporate and product taxation (not in legislative form): Specifically, capital loss rule temporary relief; STOLI; benefits of tax treatment for life insurance and retirement products. Obama Administration proposals on COLI and SADRD (not yet in legislative form). H.R.1393, S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. P.L. 115-97, formerly H.R. 1 Tax Cuts and Jobs Act. Alternative Minimum Tax Sequestration-- Impact of mandatory sequestration on the refundability of corporate AMT tax credits. Technical corrections and regulations related to life and property/casualty insurance provisions. Computation of Life Reserve Calculation for life insurance companies H.R.7058 - Digital Goods and Services Tax Fairness Act of 2018 - To promote neutrality, simplicity, and fairness in the taxation of digital goods and digital services (Lamar Smith, R-TX) H.R.7176 - Restoring Economic Opportunities for Small Family C-Corporations- To amend the Internal Revenue Code of 1986 to reestablish the 15 percent corporate rate bracket (Steve King, R-IA)

Client expense: $1,070,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

H.R. 6757 Family Savings Act H.R. 1 Tax Cuts and Jobs Act (engaged SEC, Treasury, and OMB/OIRA) H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, The Retirement Enhancement and Savings Act of 2018 S. 2526, The Retirement Enhancement and Savings Act of 2018 Life insurance issues related to tax reform implementation

Client expense: $350,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill H.R. 5003 - To amend the Internal Revenue Code of 1986 to reinstate advance refunding bonds; entire bill H.R. 6587 - To amend the Internal Revenue Code of 1986 to allow deductions for amounts contributed to a health savings account by individuals enrolled in qualified health plans; entire bill H.R. 6757 - the Family Savings Act of 2018; entire bill H.R. 6760 - the Protecting Family and Small Business Tax Cuts Act of 2018; entire bill H.R. 6937 - Health Savings Modernization Act of 2018; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility S. 3197 - SIMPLE Plan Modernization Act; entire bill S. 3473 - Qualified Health Savings Account Distribution Act of 2018; entire bill

Client expense: $130,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. Issue: Impact of sequestration on AMT credits

Client expense: $430,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 6757 Family Savings Act H.R. 1 Tax Cuts and Jobs Act H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, The Retirement Enhancement and Savings Act of 2018 S. 2526, The Retirement Enhancement and Savings Act of 2018 Life insurance issues related to tax reform implementation

Client expense: $431,327 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

TAX -Third Quarter Report - 2018 H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $840,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $824,400 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

AMT Sequestration--Impact of mandatory sequestration on the refundability of corporate AMT tax credits. H.R. 1625, Consolidated Appropriations Act of 2018-- FY 18 Omnibus Spending Proposals related to both corporate and product taxation (not in legislative form): Specifically, capital loss rule temporary relief; STOLI; benefits of tax treatment for life insurance and retirement products. Obama Administration proposals on COLI and SADRD (not yet in legislative form). H.R.1393, S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. P.L. 115-97, formerly H.R. 1 Tax Cuts and Jobs Act. Alternative Minimum Tax Sequestration-- Impact of mandatory sequestration on the refundability of corporate AMT tax credits. Technical corrections and regulations related to life and property/casualty insurance provisions. Computation of Life Reserve Calculation for life insurance companies

Client expense: $830,000 · Firm income: Not reported

H.R. 1 Tax Cuts and Jobs Act H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, The Retirement Enhancement and Savings Act of 2018 S. 2526, The Retirement Enhancement and Savings Act of 2018 Life insurance issues related to tax reform implementation

Client expense: $417,330 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 1 Tax Cuts and Jobs Act H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, The Retirement Enhancement and Savings Act of 2018 S. 2526, The Retirement Enhancement and Savings Act of 2018 Life insurance issues related to tax reform implementation

Client expense: $271,120 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. Issue: Impact of sequestration on AMT credits

Client expense: $440,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility

Client expense: $60,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1 Tax Cuts and Jobs Act H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, The Retirement Enhancement and Savings Act of 2018 S. 2526, The Retirement Enhancement and Savings Act of 2018 Life insurance issues related to tax reform implementation

Client expense: $417,330 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

TAX -Second Quarter Report - 2018 H.R. 1 - Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 1393 - Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. S. 540 - Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $700,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

AMT Sequestration--Impact of mandatory sequestration on the refundability of corporate AMT tax credits. H.R. 1625, Consolidated Appropriations Act of 2018-- FY 18 Omnibus Spending Proposals related to both corporate and product taxation (not in legislative form): Specifically, capital loss rule temporary relief; STOLI; benefits of tax treatment for life insurance and retirement products. Obama Administration proposals on COLI and SADRD (not yet in legislative form). H.R.1393, S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. P.L. 115-97, formerly H.R. 1 Tax Cuts and Jobs Act. Alternative Minimum Tax Sequestration-- Impact of mandatory sequestration on the refundability of corporate AMT tax credits. Technical corrections and regulations related to life and property/casualty insurance provisions. Computation of Life Reserve Calculation for life insurance companies

Client expense: $810,000 · Firm income: Not reported

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $867,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. Issue: Impact of sequestration on AMT credits

Client expense: $490,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 533 - Corporate Rate Equality and Trade Empowerment (CREATE) Jobs Act; entire bill H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 1625 - Consolidated Appropriations Act, 2018; provisions relating to taxation of retirement savings products and health savings accounts H.R. 1932 - To end offshore corporate tax avoidance; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 18 - Fair Tax Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility; entire bill Not Yet Introduced: Legislation to levy 2% remittance tax on financial products; entire bill

Client expense: $350,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

TAX -First Quarter Report - 2018 H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R. 1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $1,050,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1, "Tax Cuts and Jobs Act" H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act H.R. 5282, "The Retirement Enhancement and Savings Act of 2018" S. 2526, "The Retirement Enhancement and Savings Act of 2018" Life insurance issues related to tax reform implementation

Client expense: $402,400 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $908,700 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1262: This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions. The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding: the payments, contracts, and people involved in the acquisition; the seller's basis; and payments of death benefits. HR 1: This bill amends the Internal Revenue Code (IRC) to reduce tax rates and modify policies, credits, and deductions for individuals and businesses.

Client expense: $535,000 · Firm income: Not reported

H.R.1: An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018. ISSUES:General tax issues related to the business of insurance, taxation of life insurer reserves, deferred acquisition costs, dividend received deductions, and non-qualified deferred compensation. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181: Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers.

Client expense: $740,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Natl Economic Council (NEC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

HR 1262: This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions. The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding: the payments, contracts, and people involved in the acquisition; the seller's basis; and payments of death benefits. HR 1: This bill amends the Internal Revenue Code (IRC) to reduce tax rates and modify policies, credits, and deductions for individuals and businesses.

Client expense: $535,000 · Firm income: Not reported

TAX -Fourth Quarter Report - 2017 H.R. 1 - Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R. 1393 - Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers.

Client expense: $940,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1393/ S.549: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 2181: Insurance company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of Life Insurers S. 540 Mobile Workforce State Income Tax Simplification Act. ISSUE: Withholding from multistate employees.

Client expense: $570,000 · Firm income: Not reported

H.R. 1 - Tax Cuts and Jobs Act; provisions relating to DAC, DRD, tax reserves, muni bonds, PABs, retirement, capital gains/dividends, FIFO H.R. 533 - Corporate Rate Equality and Trade Empowerment (CREATE) Jobs Act; entire bill H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 1932 - To end offshore corporate tax avoidance; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 18 - Fair Tax Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility Not Yet Introduced: Legislation to levy 2% remittance tax on financial products; entire bill

Client expense: $560,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1, "Tax Cuts and Jobs Act" H.R. 25, S. 18, Fair Tax Act of 2017 H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1040, Flat Tax Act H.R. 29, Tax Code Termination Act H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act Life insurance issues related to tax reform

Client expense: $1,281,345 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

H.R. 1: Tax Cuts and Jobs Act. ISSUE: Taxation of life insurers. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $1,036,400 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Oppose school vouchers Oppose rescission of Title IX guidance clarifying protections for transgender students Oppose HR 620, the ADA Education and Reform Act of 2017 Support the important role of the Office for Civil Rights at the Department of Education, the responsibilities of the Assistant Secretary for Civil Rights, and the need to ensure robust oversight and enforcement of federal nondiscrimination law. Oppose any change to limit the scope, frequency, or public accessibility of civil rights data collection. Oppose the Reauthorization of the DC School Voucher Program Support protecting current student loan programs. Support strengthening Pell grant Program. Oppose SOAR Act; Oppose DC Vouchers Support H.R. 1262 / HR 2527, the Student Loan Fairness Act of 2017 Support a thorough and robust review of every state ESSA plan submitted, and approval should be only after it has met strict criteria. Support CFPB's proposed data collection on student loan servicers Oppose Candice Jackson for Acting Assistant Secretary for Civil Rights at the Department of Education Support the CFPB to protect student loan borrowers Oppose the proposed elimination of a question in the 2017 National Survey of Childrens Health regarding whether a child between ages 3-5 was suspended or expelled in preschool. Oppose proposed cuts in the proposed budget by President Trump for FY2018 to the teacher training ($2.4 billion in grants to states for preparing and training teachers and school leaders and $43 million in grants to colleges for teacher preparation); $1.2 billion for after-school and summer programs (the budget would eliminate the 21st Century Community Learning Centers Program, which currently provides $1.2 billion in grants for after-school and summer programs. Grant recipients include school districts, churches, and nonprofit groups which serve more than 1.6 million children nation-wide); $66 million in impact aid to offset tax revenue losses that communities face when they have federal properties in their bounds; and the scaling back or complete elimination of the federal TRIO and GEAR UP programs that help low-income students prepare and prepare for college; and the Federal Supplemental Educational Opportunity Grant, a $732 million program that provided aid to 1.6 million students in the 2014-15 academic year, is also on the chopping block. Oppose the Proposal in President Trump's budget for FY2018 to increase by $168 million for charter schools - 50% above the current level, as well as a new $250 million private school choice program (vouchers). Support H.R. 2452 / S. 1135, the Pell Grant Preservation and Expansion Act Support the HBCU Investment Expansion Act / Support H.R. 1080 Support S. 1262, the Fairness for Struggling Students Act, which repeals the 2005 change to the bankruptcy code and restores the availability of bankruptcy relief for private student loans and treating those loans like other forms of private debt such as credit card debt Oppose the delay, dismantling, or weakening of the gainful employment regulations finalized in October 2014 and the borrower defense to repayment and college accountability regulations finalized in November 2016.Support the Title IX Campus Sexual Assault Guidance Oppose the move to no longer raise the maximum amount of Pell Grants with inflation Oppose the proposed $3.3 billion recission from Pell grants in the FY 18 Labor-HHS-Education Appropriations bill; Support sequester relief with parity between defense and non-defense programs; support providing adequate resources to all important programs in the FY 18 Labor-HHS-Education bill Support S. 1795, the The Higher Education Access and Success for Homeless and Foster Youth Act, which removes barriers and makes college more affordable for homeless and foster youth; and supports college retention, success, and completion of homeless and foster youth Support plans submitted to the Ed. Department under ESSA meeting the letter and purpose of the law to provide, all children significant opportunity to receive a fair, equitable, and high-quality education, and close educational achievement gaps." Oppose HR 620, the Americans with Disabilities Act (ADA) Education and Reform Act of 2017, which would create significant obstacles for people with disabilities to enforce their rights under Title III of the Americans with Disabilities Act (ADA) to access public accommodations, and would impede their ability to engage in daily activities and participate in the mainstream of society Support the Deferred Action for Childhood Arrivals (DACA) program Support overall funding levels that are adequate to support all of the important programs in Labor, Education, Health and Human Services, to protect Pell Grants by opposing additional cuts to the program, and to instead use existing Pell resources to increase the maximum Pell Grant by at least the amount the inflation adjustment would provide were it not expiring. Oppose any to repeal, replace, or modify any of the regulations or significant guidance documents which may result in fewer civil rights protections for all students Oppose changes to or rescission of the Gainful Employment Rule, the borrowers defense rule, the Higher Eds. Act ban on incentive compensation; and the 90 / 10 rule barring for-profit colleges from being funded solely by taxpayers. Oppose the April 11, 2017 Dpt. Of Education rescission of three memos that sought to reform the student loan servicing market and ensure the interests of borrowers were central to government contracts. Oppose the revised federal loan servicing requirements issued by the Department of Education on May 19, 2017. Support the Department of Education ensuring that debt collection agencies contracted to interact with student loan borrowers experiencing severe financial hardship are held accountable and that strong consumer protections ensure borrowers are given accurate and timely information. Support discharging debt held by students who were defrauded by their institution Support S. 1690, the Child Care Access Means Parents in Schools (CCAMPIS) Reauthorization Act Support HR 2451 / S 11135, legislation to expand the Pell Grant program in terms of who is eligible and the maximum amount available Support HR 2611, legislation making Little Rock Central High School a National Monument

H.R. 533 - Corporate Rate Equality and Trade Empowerment (CREATE) Jobs Act; entire bill H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 1932 - To end offshore corporate tax avoidance; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 18 - Fair Tax Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility; entire bill H.J.Res. 54 - Disapproving the rule submitted by the Department of the Treasury and the Internal Revenue Service relating to documentation requirements for certain related-party interests in a corporation to be treated as indebtedness; entire resolution Not Yet Introduced: House GOP tax reform framework; provisions related to DAC, life/nonlife consolidated return limitations and the proposed elimination of NOL carrybacks under the Blueprint, tax reserves, muni bond exemption, retirement, capital gains/dividends, independent contractors Not Yet Introduced: Legislation to levy 2% remittance tax on financial products; entire bill

Client expense: $250,000 · Firm income: Not reported

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1393/ S.549: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 2181: Insurance company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of Life Insurers S. 540 Mobile Workforce State Income Tax Simplification Act. ISSUE: Withholding from multistate employees.

Client expense: $600,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: taxation of life insurers and products H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181: Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 1005 Modernization of Derivatives Tax Act of 2017. ISSUE: tax characterization of bonds

Client expense: $690,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

TAX -Third Quarter Report - 2017 Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $880,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1262: This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions. The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding: the payments, contracts, and people involved in the acquisition; the seller's basis; and payments of death benefits.

Client expense: $455,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 25, S. 18, Fair Tax Act of 2017 H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1040, Flat Tax Act H.R. 29, Tax Code Termination Act H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act Life insurance issues related to tax reform

Client expense: $775,266 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $1,088,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 533 - Corporate Rate Equality and Trade Empowerment (CREATE) Jobs Act; entire bill H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 1932 - To end offshore corporate tax avoidance; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 18 - Fair Tax Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility. H.J.Res. 54 - Disapproving the rule submitted by the Department of the Treasury and the Internal Revenue Service relating to documentation requirements for certain related-party interests in a corporation to be treated as indebtedness; entire resolution Not Yet Introduced: House GOP tax reform blueprint; provisions related to DAC, life/nonlife consolidated return limitations and the proposed elimination of NOL carrybacks under the Blueprint, tax reserves, muni bond exemption, retirement, capital gains/dividends Not Yet Introduced: Legislation to levy 2% remittance tax on financial products; entire bill

Client expense: $130,000 · Firm income: Not reported

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181: Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers.

Client expense: $730,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), SENATE, Treasury, Dept of

H.R. 533 - Corporate Rate Equality and Trade Empowerment (CREATE) Jobs Act; entire bill H.R. 1262 - To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes; entire bill H.R. 1932 - To end offshore corporate tax avoidance; entire bill H.R. 2181 - Insurance Company Tax Modernization and Parity Act of 2017; entire bill S. 18 - Fair Tax Act of 2017; entire bill S. 805 - A bill to impose a tax on certain trading transactions to invest in our families and communities, improve our infrastructure and our environment, strengthen our financial security, expand opportunity and reduce market volatility. H.J.Res. 54 - Disapproving the rule submitted by the Department of the Treasury and the Internal Revenue Service relating to documentation requirements for certain related-party interests in a corporation to be treated as indebtedness; entire resolution Not Yet Introduced: House GOP tax reform blueprint; provisions related to DAC, life/nonlife consolidated return limitations and the proposed elimination of NOL carrybacks under the Blueprint, tax reserves, muni bond exemption, retirement, capital gains/dividends Not Yet Introduced: Legislation to levy 2% remittance tax on financial products; entire bill

Client expense: $120,000 · Firm income: Not reported

TAX -Second Quarter Report - 2017 Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $810,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 25, S. 18, Fair Tax Act of 2017 H.R. 451, Permanently Repeal the Estate Tax Act of 2017 H.R. 198 and H.R. 631, S. 205, Death Tax Repeal Act of 2017 H.R. 1040, Flat Tax Act H.R. 29, Tax Code Termination Act H.R. 1262, Clarify the tax treatment of certain life insurance contract transactions S. 868, Amend the Employee Retirement Income Security Act of 1974 to require a lifetime income disclosure S. 707 and H.R. 116, Main Street Fairness Act

Client expense: $682,009 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Treasury, Dept of

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1393/ S.549: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R. 2181: Insurance company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of Life Insurers

Client expense: $470,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1262: This bill amends the Internal Revenue Code to modify the tax treatment of certain life insurance contract transactions. The bill establishes reporting requirements for acquisitions of life insurance contracts in a reportable policy sale. Specified details must be reported regarding: the payments, contracts, and people involved in the acquisition; the seller's basis; and payments of death benefits.

Client expense: $395,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax reform discussion drafts released and written by staff and/or members of the House Ways & Means Committee or Senate Finance Committee. ISSUE: Taxation of the business use of life insurance and taxation of life insurers and products H.R.1393: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees. H.R.1262: To amend the Internal Revenue Code of 1986 to clarify the tax treatment of certain life insurance contract transactions, and for other purposes. ISSUE: Taxation of life settlement transactions. H.R.2181 - Insurance Company Tax Modernization and Parity Act of 2017. ISSUE: Taxation of life insurers. S. 540: Mobile Workforce State Income Tax Simplification Act of 2015. ISSUE: Withholding from multi-state employees.

Client expense: $1,132,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE