Tax Benefit for Homeownership Clarification Act

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act HR1892 - Bipartisan Budget Act of 2018 HR2543 - Mortgage Forgiveness Tax Relief Act of 2017 S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR94 - Common Sense Housing Investment Act of 2017 HR516 - Tax Benefit for Homeownership Clarification Act HR1892 - Bipartisan Budget Act of 2018 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1625 - Consolidated Appropriations Act, 2018 HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Internet Sales Tax Fairness HR2193 - Remote Transactions Parity Act of 2017 HR2887 - No Regulation Without Representation Act of 2017 S976 - Marketplace Fairness Act of 2017 179D - Energy Efficient Commercial Buildings Deduction HR1892 - Bipartisan Budget Act of 2018 HR3507 - To amend the Internal Revenue Code of 1986 to make permanent and modify the energy efficient commercial buildings deduction, and for other purposes. Comprehensive Tax Reform HR1892 - Bipartisan Budget Act of 2018 State and Local Tax Deduction HR5913 - Family Tax Deduction Improvement Act Puerto Rico Like-Kind Exchange Rules HR5430 - Puerto Rico Real Estate Exchange Fairness Act of 2018 First-time Homebuyers Incentives HR2808 - First Time Homeowner Savings Plan Act Tax Extenders S2256 - Tax Extender Act of 2017 Health Savings Accounts Expansion HR247 - Health Savings Account Expansion Act of 2017 S28 - Health Savings Account Expansion Act of 2017 Communications with the House and Senate about Sec. 199A of the IRC and mortgage debt forgiveness/exclusion. Discussions with the Treasury Department regarding Sec. 199A of the IRC and Qualified Opportunity Zones.

Client expense: $14,200,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Consumer Financial Protection Bureau (CFPB), Environmental Protection Agency (EPA), Federal Aviation Administration (FAA), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Agency for International Development (USAID), Veterans Affairs, Dept of (VA), White House Office

H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. H.R. 2193 - Remote Transactions Parity Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all remote sellers not qualifying for a small remote seller exception to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. S. 796 - Marketplace Fairness Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all sellers not qualifying for a small-seller exception (applicable to sellers with annual gross receipts in total U.S. remote sales not exceeding $1 million) to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing.

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act HR1892 - Bipartisan Budget Act of 2018 HR2543 - Mortgage Forgiveness Tax Relief Act of 2017 S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR94 - Common Sense Housing Investment Act of 2017 HR516 - Tax Benefit for Homeownership Clarification Act HR1892 - Bipartisan Budget Act of 2018 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1625 - Consolidated Appropriations Act, 2018 HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Internet Sales Tax Fairness HR2193 - Remote Transactions Parity Act of 2017 HR2887 - No Regulation Without Representation Act of 2017 S976 - Marketplace Fairness Act of 2017 179D - Energy Efficient Commercial Buildings Deduction HR1892 - Bipartisan Budget Act of 2018 HR3507 - To amend the Internal Revenue Code of 1986 to make permanent and modify the energy efficient commercial buildings deduction, and for other purposes. Comprehensive Tax Reform HR1892 - Bipartisan Budget Act of 2018 Communications with the House and Senate about tax extenders. Discussions with the Treasury Department regarding guidance on H.R. 1, the Tax Cuts and Jobs Act of 2017.

Client expense: $13,040,000 · Firm income: Not reported

H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. H.R. 2193 - Remote Transactions Parity Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all remote sellers not qualifying for a small remote seller exception to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. S. 796 - Marketplace Fairness Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all sellers not qualifying for a small-seller exception (applicable to sellers with annual gross receipts in total U.S. remote sales not exceeding $1 million) to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing.

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act HR2543 - Mortgage Forgiveness Tax Relief Act of 2017 S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR516 - Tax Benefit for Homeownership Clarification Act HR94 - Common Sense Housing Investment Act of 2017 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Internet Sales Tax Fairness HR2193 - Remote Transactions Parity Act of 2017 HR2887 - No Regulation Without Representation Act of 2017 S976 - Marketplace Fairness Act of 2017 179D - Energy Efficient Commercial Buildings Deduction HR3507 - To amend the Internal Revenue Code of 1986 to make permanent and modify the energy efficient commercial buildings deduction, and for other purposes. Comprehensive Tax Reform HR1 - The Tax Cuts and Jobs Act Communications with the House and Senate on tax reform, including the mortgage interest deduction, state and local tax deduction, the capital gains exclusion for the sale of a principal residence, depreciation periods, pass-through entities, and section 1031 like-kind exchanges. Discussions with the Treasury regarding tax reform.

Client expense: $22,200,000 · 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 - Opposed proposals in the tax bill that would reduce housing benefits, including the mortgage interest deduction and the drastic reduction in the Salt and Local Tax Deduction. Supported reforms to pass through for small businesses, elimination of AMT, and increase in thresholds for the estate tax. H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. H.R. 2193 - Remote Transactions Parity Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all remote sellers not qualifying for a small remote seller exception to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. S. 796 - Marketplace Fairness Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all sellers not qualifying for a small-seller exception (applicable to sellers with annual gross receipts in total U.S. remote sales not exceeding $1 million) to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing.

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act HR2543 - Mortgage Forgiveness Tax Relief Act of 2017 S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR516 - Tax Benefit for Homeownership Clarification Act HR94 - Common Sense Housing Investment Act of 2017 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Internet Sales Tax Fairness HR2193 - Remote Transactions Parity Act of 2017 HR2887 - No Regulation Without Representation Act of 2017 S976 - Marketplace Fairness Act of 2017 179D - Energy Efficient Commercial Buildings Deduction HR3507 - To amend the Internal Revenue Code of 1986 to make permanent and modify the energy efficient commercial buildings deduction, and for other purposes. Communications with the House and Senate on tax reform and Section 1031 Like-Kind Exchanges. Conversations with the House on first-time homebuyer incentives. Discussions with the White House regarding tax reform. Discussions with the Treasury regarding tax reform.

Client expense: $11,140,000 · Firm income: Not reported

H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. H.R. 2193 - Remote Transactions Parity Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all remote sellers not qualifying for a small remote seller exception to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount. S. 796 - Marketplace Fairness Act of 2017 - This bill authorizes each member state under the Streamlined Sales and Use Tax Agreement (the multistate agreement for the administration and collection of sales and use taxes adopted on November 12, 2002) to require all sellers not qualifying for a small-seller exception (applicable to sellers with annual gross receipts in total U.S. remote sales not exceeding $1 million) to collect and remit sales and use taxes with respect to remote sales under provisions of the agreement, but only if such agreement includes minimum simplification requirements relating to the administration of the tax, audits, and streamlined filing. Comments on proposed tax reform framework supporting concept of tax reform, reduction of tax brackets and pass through for small businesses. Concerns on elimination of the State & Local Tax Deduction.

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act HR2543 - Mortgage Forgiveness Tax Relief Act of 2017 S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR516 - Tax Benefit for Homeownership Clarification Act HR94 - Common Sense Housing Investment Act of 2017 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Internet Sales Tax Fairness HR2193 - Remote Transactions Parity Act of 2017 HR2887 - No Regulation Without Representation Act of 2017 S976 - Marketplace Fairness Act of 2017 Communications with the House and Senate on tax reform and Section 1031 Like-Kind Exchanges. Conversations with the House on legislation to raise the amount first-time home buyers can withdraw from IRAs for down payments.

Client expense: $10,920,000 · Firm income: Not reported

H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount.

Client expense: Not reported · Firm income: Not reported

Mortgage Insurance Premiums HR109 - Mortgage Insurance Tax Deduction Act Mortgage Debt Forgiveness HR110 - Mortgage Debt Forgiveness Act S22 - Mortgage Debt Tax Relief Act Business Income Tax Rates HR116 - Main Street Fairness Act S707 - Main Street Fairness Act Changes to Mortgage Interest Deduction HR516 - Tax Benefit for Homeownership Clarification Act HR94 - Common Sense Housing Investment Act of 2017 Historic Tax Credit HR1158 - Historic Tax Credit Improvement Act of 2017 S425 - Historic Tax Credit Improvement Act of 2017 Low Income Housing Tax Credit HR1661 - Affordable Housing Credit Improvement Act of 2017 S548 - Affordable Housing Credit Improvement Act of 2017 Standard Home Office Deduction HR836 - HOME Act S290 - HOME Act Employer-Provided Housing Benefit Credit HR764 - Housing America's Workforce Act of 2017 Discussions with House and Senate offices regarding tax reform proposals and first-time home buyer credit legislation. Discussions with the Department of the Treasury regarding the mortgage interest deduction and tax reform.

Client expense: $10,140,000 · Firm income: Not reported

H.R. 516 - Tax Benefit for Homeownership Clarification Act- Would amend the Internal Revenue Code to reduce the limitation on the mortgage interest deduction for the acquisition indebtedness of certain taxpayers. (Acquisition indebtedness is indebtedness that: (1) is incurred in acquiring, constructing, or substantially improving any qualified residence of the taxpayer; and (2) is secured by such residence. It also includes refinancing of the debt in certain situations.) H.R. 948 - Common Sense Housing Investment Act of 2017 - Would amend the Internal Revenue Code, with respect to the tax deduction for mortgage interest, to: (1) allow, in lieu of such deduction, a tax credit for 15% of mortgage interest paid in a taxable year for the taxpayer's principal residence and one other residence; (2) provide for a phaseout of the tax deduction for mortgage interest between 2017 and 2021; (3) allow a deduction for interest and taxes relating to land for dwelling purposes owned or leased by cooperative housing corporations; and (4) increase the state housing credit ceiling for the low-income housing tax credit. H.R. 631 - Death Tax Repeal Act of 2017 -Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill provides for an inflation adjustment to such exemption amount. S. 205 - Death Tax Repeal Act of 2017 - Would amend the Internal Revenue Code to: (1) repeal the estate and generation-skipping transfer taxes, and (2) make permanent the maximum 35% gift tax rate and the lifetime gift tax exemption. The bill also provides for an inflation adjustment to such exemption amount.

Client expense: Not reported · Firm income: Not reported