Small Business PPE Tax Credit Act

concerns regarding small business issues related to COVID-19; specifically paid medical/family leave in HR 6201; requesting that associations, nonprofits and other tax-exempt organizations be included within any federal aid packages or supplemental appropriations measures related to COVID-19. -Asking Treasury, SBA and congressional leaders to allow Paycheck Protection Program loans to be used for personal protective equipment (PPE) -Asking congressional leaders to allow a tax credit for PPE costs (HR 7216) as well as PPP funds to be used for PPE expenses (S 3833) and (S 3716)

Client expense: $50,000 · Firm income: Not reported

Government targets: Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Natl Institutes of Health (NIH), SENATE, Small Business Administration (SBA), Treasury, Dept of

In support of the Small Business PPE Tax Credit Act (HR 7216), bipartisan legislation that would provide a $25,000 annual tax credit for small businesses to help cover the costs of PPE and additional infection control protections. In support of HR 7777 to provide simplified loan forgiveness for Paycheck Protection Program (PPP) loans In support of allowing PPP loan recipients to take advance of Employee Retention Tax Credits; allow PPP loans for 501c6 organizations, allow PPP expenses and Provider Relief Funds to be non-taxable. In support of providing tax incentives to encourage healthcare providers to work in health-disadvantaged communities.

Client expense: $50,000 · Firm income: Not reported

Government targets: Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Natl Institutes of Health (NIH), SENATE, Small Business Administration (SBA), Treasury, Dept of

H.R.25 - To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States (Rob Woodall, R-GA) H.R.216 - To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income (Jason Smith, R-MO) S.3280 - A bill to amend the Internal Revenue Code of 1986 to clarify that high-taxed amounts are excluded from tested income for purposes of determining global intangible low-taxed income only if such amounts would be foreign base company income or insurance income (Ron Wyden, D-OR) H.R.6354 - To amend the Internal Revenue Code of 1986 to provide a one-time emergency tax credit to small businesses to cover rent and mortgage payments (Ron Kind, D-WI-3) S.3553 - A bill to modify the schedule for estimated tax payments for 2020 (David Perdue, R-GA) H.R.6551 - To amend the CARES Act to ensure that the temporary relief from CECL standards does not terminate in the middle of a company's fiscal year (Brad Sherman, D-CA-30) H.R.6619 - Restore America's Main Street Act - To amend the Internal Revenue Code of 1986 to provide advance tax refunds to small businesses, and for other purposes (Madeline Dean, D-PA-4) H.R.6629 - To provide a payroll tax credit to employers for employee bonuses (Bill Huizenga, R-MI-2) S.3596 - A bill to make technical corrections to the CARES Act to remove all tax liability associated with loan forgiveness under the Paycheck Protection Program (Mike Braun, R-IN) H.R.6781 - To provide for improved coordination between the paycheck protection program and the employee retention tax credit (Chris Pappas, D-NH-1) H.R.6776 - To provide for improvements related to the employee retention tax credit (Stephanie Murphy, D-FL-7) H.R.6754 - To provide clarification regarding the tax treatment of expenses paid or incurred with proceeds from Paycheck Protection Program loans (Lizzie Fletcher, D-TX-7) H.R.6821 - To clarify for purposes of the Internal Revenue Code of 1986 that receipt of coronavirus assistance does not affect the tax treatment of ordinary business expenses (George Holding, R-NC-2) H.R.6886 - To amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes (Chip Roy, R-TX-21) H.R.6920 - To temporarily suspend payroll taxes during the emergency relating to COVID-19 (Ross Spano, R-FL-15) S.3793 - A bill to amend the CARES Act to modify the employee retention tax credit to secure the paychecks and benefits of workers, to provide a refundable credit against payroll taxes for the operating costs of employers, to amend the Internal Revenue Code of 1986 to provide a small business rebate, and for other purposes (Mark Warner, D-VA) H.R.7058 - To provide a payroll tax credit for certain bonuses paid to employees who worked continuously during the COVID-19 pandemic (Tom Reed, R-NY-23) H.R.7079 - To amend the Internal Revenue Code of 1986 to provide a tax credit ensure that businesses are properly cleaned and disinfected when "stay-at-home" restrictions are lifted and to help prevent further infections (Darin LaHood, R-IL-18) H.R.7216 - To amend the Internal Revenue Code of 1986 to provide a tax credit for personal protective equipment to small businesses, non-profits, independent contractors, veterans' organizations, and farmers, among other entities, in any year in which the President declares a national emergency relating to COVID-19 (Brenda Lawrence, D-MI-14) H.R.7222 - To provide for a credit against employment taxes for certain virus transmission prevention expenses, and for other purposes (Jimmy Panetta, D-CA-20) S.3966 - A bill to provide a tax credit to businesses that provide testing for COVID-19 to their employees (Ted Cruz, R-TX)

Policies related to implementation of the Paycheck Protection Program and the applicability or inclusion of dental plan premiums paid by employers. H.R. 748 - Coronavirus Aid, Relief and Economic Security Act; H.R. 266 - Paycheck Protection Program and Health Care Enhancement Act; H.R. 7216, the Small Business PPE Tax Credit Act; H.R.133 - Consolidated Appropriations Act, 2021.

Client expense: $110,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), SENATE

Health savings accounts, flexible spending accounts, expand and make permanent the 199A/pass through deduction for small businesses. H.R. 1366, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) S. 503, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) H.R. 6886/H.R. 7001 Paycheck Protection Program Flexibility Act Implementation S. 3833 Paycheck Protection Program Extension Act H.R. 7216 Small Business Personal Protective Equipment (PPE) Tax Credit Act S. 3716 Main Street Enhancement and Safety Act H.R. 6821 Small Business Expense Protection Act H.R. 6776 JOBS Credit Act of 2020 H.R. 266 Paycheck Protection Program and Health Care Enhancement Act H.R. 6433, Helping Emergency Responders Overcome Emergency Situations (HEROES) Act S. 2871/H.R. 6448 Indian Health Service Health Professions Tax Fairness Act H.R. 7777 Paycheck Protection Small Business Forgiveness Act S. 4117 Paycheck Protection Small Business Forgiveness Act H.R. 6697 Local Chamber, Tourism, and 501(c)(6) Protection Act S. 4525/H.R. 7819 Eliminating the Provider Relief Fund Tax Penalties Act of 2020 Direct Primary Care Agreements S. 3612 Small Business Expense Protection Act Tax Credits for Purchasing PPE and Making Safety Modifications to Dental Offices Taxation of PPP S. 4318, American Workers, Families, and Employers Assistance Act Taxation of Provider Relief Funding Employee Retention Tax Credit

Client expense: $640,000 · Firm income: Not reported

Increased flexibility for the Paycheck Protection Programs loans Increased funding for small business loan programs H.R. 7777 Paycheck Protection Small Business Forgiveness Act H.R. 6697 Local Chamber, Tourism, and 501(c)(6) Protection Act H.R. 6886/H.R. 7001 Paycheck Protection Program Flexibility Act Implementation S. 3833 Paycheck Protection Program Extension Act H.R. 7216 Small Business Personal Protective Equipment (PPE) Tax Credit Act S. 3716 Main Street Enhancement and Safety Act H.R. 6821 Small Business Expense Protection Act H.R. 7011 Pandemic Risk Insurance Act S. 4317 SAFE TO WORK Act Health, Economic Assistance, Liability Protection, and Schools Act Easier PPP Loan forgiveness PPP tax deductibility Employee Retention Tax Credit Personal Protective Equipment for Small Businesses Liability Reform S. 4321, the Continuing Small Business Recovery and PPP Act H.R. 6494, Business Interruption Insurance Coverage Act S. 3883, PPP Extension Act Availability and cost of PPE

Client expense: $640,000 · Firm income: Not reported

H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning. H.R. 7079, Clean Start: Back to Work Tax Credit Act, a bill to provide a tax credit to ensure that businesses are properly cleaned and disinfected when stay-at-home restrictions are lifted and to help prevent further infections. H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: $20,000 · Firm income: Not reported

Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of the Vice President of the United States, SENATE

Legislation addressing the COVID-19 pandemic. S.3548 & H.R.748 - CARES Act H.R.6201 - Families First Coronavirus Response Act H.R.6433 - HEROES Act of 2020 H.R.266 - Paycheck Protection Program and Health Care Enhancement Act H.R.6776 - Jumpstarting Our Businesses' Success Credit Act of 2020 S.3716 - Main Street Enhancement & Safety Act S.3714 - PPP Deadline Extension Adjustment for Loans Act H.R.6886 - Paycheck Protection Program Flexibility Act of 2020 S.3915 - Protecting Reopening Businesses Recovering from COVID-19 Act H.R.7216 - Small Business PPE Tax Credit Act S.3833 - Paycheck Protection Program Extension Act H.R.8265 - To amend the Small Business Act and the CARES Act to establish a program for second draw loans and make other modifications to the paycheck protection program, and for other purposes. H.R.8260 - Businesses Preparing for a Better Tomorrow Act H.R.7819 - Eliminating the Provider Relief Fund Tax Penalties Act of 2020 S.4214 - A bill to provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19. H.R.7671 - Small Business Comeback Act H.R.7615 - To provide a payroll tax credit for certain expenses associated with protecting employees from COVID-19. S.4116 - A bill to extend the authority for commitments for the paycheck protection program and separate amounts authorized for other loans under section 7(a) of the Small Business Act, and for other purposes.

Client expense: Not reported · Firm income: $20,000

Policies related to implementation of the Paycheck Protection Program and the applicability or inclusion of dental plan premiums paid by employers. H.R. 748 - Coronavirus Aid, Relief and Economic Security Act; H.R. 266 - Paycheck Protection Program and Health Care Enhancement Act; H.R. 7216, the Small Business PPE Tax Credit Act

Client expense: $100,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), SENATE, Small Business Administration (SBA)

H.R. 925 / H.R. 8406, The HEROES Act and H.R. 7216, the Small Business PPE Act, as they relate to a tax credit for PPE. H.R. 6776, the JOBS Credit Act of 2020 and S. 4318 American Workers, Families and Employers Assistance Act, as they relate to the Employee Retention Tax Credit.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), SENATE, Treasury, Dept of

P.L. 116-136 - Coronavirus Aid, Relief, and Economic Security Act (CARES) Act H.R. 6567 - GROCER Act of 2020 H.R. 6841 - AG CHAIN Act of 2020 S. 4213 - Financial Relief Noting The Large Impact Of Our Nation's Essential Employees (FRNT LINE) Act H.R. 6800 / H.R. 925 - The Heroes Act The Health, Economic Assistance, Liability Protection and Schools Act (HEALS Act) Proposal PPP Modifications H.R. 7079 - Clean Start Back to Work Tax Credit Act of 2020 H.R. 7216 - Small Business PPE Tax Credit Act H.R. 7222 - Safe Reopening Tax Credit Act of 2020 Perishable Food and Beverage Tax Credit

Client expense: $230,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Centers For Disease Control & Prevention (CDC), Federal Motor Carrier Safety Administration, Federal Reserve System, Federal Trade Commission (FTC), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Pension Benefit Guaranty Corporation (PBGC), SENATE, Treasury, Dept of, U.S. Mint, U.S. Trade Representative (USTR), White House Office

COVID-19 Tax Relief H.R. 8406 and subsequently incorporated into H.R. 925, the Heroes Act, Division F -- Revenue Provisions, Title I -- Economic Stimulus: Section 101: Additional recovery rebates to individuals; Title II -- Provisions to Prevent Business Interruption: Section 201: Improvements to employee retention and rehiring credit and Section 203: Clarification of treatment of expenses paid or incurred with proceeds from certain grants and loans; and Title III -- Net Operating Losses: Section 301: Limitation on excess business losses of non-corporate taxpayers restored and made permanent and Section 302: Certain taxpayers allowed carryback of net operating losses arising in 2019 and 2020. S. 4318, American Workers, Families, and Employers Assistance Act, to provide assistance to American workers, families, and employers during the COVID-19 pandemic, Title I -- Further Relief for Workers Affected by Coronavirus, Section 101: Improvements to Federal Pandemic Unemployment Compensation to better match lost wages; Title II -- Assistance to Individuals, Families and Employers to Reopen the Economy, Subtitle A -- Relief for Individuals and Families, Section 201: Additional 2020 recovery rebates for individuals; Subtitle B -- Job Creation and Employment, Section 211: Enhanced employee hiring and retention payroll tax credit, Section 212: Expansion of work opportunity tax credit, and Section 213: Safe and healthy workplace tax credit. H.R. 7079, Clean Start: Back to Work Tax Credit Act, to provide a tax credit to ensure that businesses are properly cleaned and disinfected when stay-at-home restrictions are lifted and to help prevent further infections, all provisions. H.R. 7222, Safe Reopening Tax Credit, to provide for a credit against employment taxes for certain virus transmission prevention expenses, and for other purposes, all provisions. H.R. 7216, Small Business PPE Tax Credit Act, to provide a tax credit for personal protective equipment to small businesses, non-profits, independent contractors, veterans organizations, and farmers, among other entities, in any year in which the President declares a national emergency relating to COVID-19, all provisions. S. 4178, to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes, all provisions. Draft legislative proposal to modify Internal Revenue Code Section 565 to enable public REITs to use notice dividends with respect to REIT capital gain dividends paid in tax years 2020, 2021, or 2022. Supported Low-Income Housing Tax Credit enhancements as part of COVID-19 relief, including enacting a minimum 4 percent Housing Credit rate; providing additional basis boosts to allow developments to access additional equity if needed for financial feasibility; allowing developments to access 4 percent Housing Credits by lowering the 50 percent test; and increasing the annual Housing Credit allocation by at least 50 percent, phased in over two years, and adjusted for inflation, beginning in 2021. Considered issues related to the extension of the deadline to lease units in Low-Income Housing Tax Credit properties due to COVID-19-related hardships. NMHC signed association sign-on letter asking House Speaker Pelosi, Senate Majority Leader McConnell, and Treasury Secretary Mnuchin to agree to tax relief for families without the uncertainty of payroll tax executive order, Presidential Memoranda, Memorandum for the Secretary of the Treasury, Memorandum of Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster. Requested that COVID-19 relief legislation include a provision enabling taxpayers to deduct expenses funded by forgiven Paycheck Protection Program loans. The proposal would reverse IRS Notice 2020-32. H.R. 6821, Small Business Expense Protection Act of 2020, to clarify for purposes of the Internal Revenue Code of 1986 that receipt of coronavirus assistance does not affect the tax treatment of ordinary business expenses, all provisions. S. 3612, Small Business Expense Protection Act of 2020, to clarify for purposes of the Internal Revenue Code of 1986 that receipt of coronavirus assistance does not affect the tax treatment of ordinary business expenses, all provisions. Depreciation Rules H.R. 5313, Multifamily Depreciation Parity Act of 2019, to amend the Internal Revenue Code of 1986 to allow for certain residential rental property to be depreciated over a 30-year period, all provisions. S. 2984, Multifamily Depreciation Parity Act of 2019, to amend the Internal Revenue Code of 1986 to allow for certain residential rental property to be depreciated over a 30-year period, all provisions. Infrastructure Development H.R. 2, The Moving Forward Act, Division M -- Revenue Provisions: Title IV -- Green Energy, Subtitle C -- Green Energy and Efficiency Incentives for Individuals, Section 90423: Energy efficient commercial buildings deduction and Section 90424: Extension, increase, and modifications of new energy efficient home credit; Title VI -- Housing, Subtitle A -- Low-income Housing Tax Credit Improvements, all provisions. Opportunity Zones Legislative change to reduce the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. Low-Income Housing Tax Credit S. 4078, Emergency Affordable Housing Act, to amend the Internal Revenue Code of 1986 to improve the low-income housing credit and provide relief relating to the coronavirus emergency, and for other purposes, all provisions. H.R. 3077, Affordable Housing Credit Improvement Act of 2019, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. S. 1703, Affordable Housing Credit Improvement Act of 2019, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions. Energy We support extending the IRC Section 45L New Energy Efficient Home Credit and extending and modifying the IRC Section 179D Energy Efficient Commercial Buildings Deduction to facilitate investments in improving the utility performance of existing properties. Legislative proposal to make permanent the tax deduction for energy efficient commercial buildings (IRC 179D) Draft legislation, Energy Efficient Qualified Improvement Property Act of 2019, or the E-QuIP Act, to amend the Internal Revenue Code to allow 10-year straight line depreciation for energy efficient qualified improvement property, and for other purposes, all provisions. Like-Kind Exchanges Support maintaining current tax law relative to the tax treatment of 1031 Like-Kind Exchanges. Carried Interest Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, REG-107213-18, RIN 1545-BO81, Guidance Under Section 1061 NMHC supports treating as a long-term capital gain carried interest held for at least one year. Biden campaign tax proposals impacting multifamily housing (tax rates on individual income, capital gains, value of itemized deductions, elimination of stepped-up basis at death, elimination of like-kind exchanges, expansion of Low-Income Housing Tax Credit, establishment of renter's tax credit, and depreciation of multifamily property).

H.R.25 - To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States (Rob Woodall, R-GA) , ALL PROVISIONS H.R.216 - To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income (Jason Smith, R-MO) , ALL PROVISIONS S.3280 - A bill to amend the Internal Revenue Code of 1986 to clarify that high-taxed amounts are excluded from tested income for purposes of determining global intangible low-taxed income only if such amounts would be foreign base company income or insurance income (Ron Wyden, D-OR) , ALL PROVISIONS H.R.6354 - To amend the Internal Revenue Code of 1986 to provide a one-time emergency tax credit to small businesses to cover rent and mortgage payments (Ron Kind, D-WI-3) , ALL PROVISIONS S.3553 - A bill to modify the schedule for estimated tax payments for 2020 (David Perdue, R-GA) , ALL PROVISIONS H.R.6551 - To amend the CARES Act to ensure that the temporary relief from CECL standards does not terminate in the middle of a company's fiscal year (Brad Sherman, D-CA-30) , ALL PROVISIONS H.R.6619 - Restore America's Main Street Act - To amend the Internal Revenue Code of 1986 to provide advance tax refunds to small businesses, and for other purposes (Madeline Dean, D-PA-4) , ALL PROVISIONS H.R.6629 - To provide a payroll tax credit to employers for employee bonuses (Bill Huizenga, R-MI-2) , ALL PROVISIONS S.3596 - A bill to make technical corrections to the CARES Act to remove all tax liability associated with loan forgiveness under the Paycheck Protection Program (Mike Braun, R-IN) , ALL PROVISIONS H.R.6781 - To provide for improved coordination between the paycheck protection program and the employee retention tax credit (Chris Pappas, D-NH-1) , ALL PROVISIONS H.R.6776 - To provide for improvements related to the employee retention tax credit (Stephanie Murphy, D-FL-7) , ALL PROVISIONS H.R.6754 - To provide clarification regarding the tax treatment of expenses paid or incurred with proceeds from Paycheck Protection Program loans (Lizzie Fletcher, D-TX-7) , ALL PROVISIONS H.R.6821 - To clarify for purposes of the Internal Revenue Code of 1986 that receipt of coronavirus assistance does not affect the tax treatment of ordinary business expenses (George Holding, R-NC-2) , ALL PROVISIONS H.R.6886 - To amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes (Chip Roy, R-TX-21) , ALL PROVISIONS H.R.6920 - To temporarily suspend payroll taxes during the emergency relating to COVID-19 (Ross Spano, R-FL-15) , ALL PROVISIONS S.3793 - A bill to amend the CARES Act to modify the employee retention tax credit to secure the paychecks and benefits of workers, to provide a refundable credit against payroll taxes for the operating costs of employers, to amend the Internal Revenue Code of 1986 to provide a small business rebate, and for other purposes (Mark Warner, D-VA) , ALL PROVISIONS H.R.7058 - To provide a payroll tax credit for certain bonuses paid to employees who worked continuously during the COVID-19 pandemic (Tom Reed, R-NY-23) , ALL PROVISIONS H.R.7079 - To amend the Internal Revenue Code of 1986 to provide a tax credit ensure that businesses are properly cleaned and disinfected when "stay-at-home" restrictions are lifted and to help prevent further infections (Darin LaHood, R-IL-18) , ALL PROVISIONS H.R.7216 - To amend the Internal Revenue Code of 1986 to provide a tax credit for personal protective equipment to small businesses, non-profits, independent contractors, veterans' organizations, and farmers, among other entities, in any year in which the President declares a national emergency relating to COVID-19 (Brenda Lawrence, D-MI-14) , ALL PROVISIONS H.R.7222 - To provide for a credit against employment taxes for certain virus transmission prevention expenses, and for other purposes (Jimmy Panetta, D-CA-20) , ALL PROVISIONS S.3966 - A bill to provide a tax credit to businesses that provide testing for COVID-19 to their employees (Ted Cruz, R-TX) , ALL PROVISIONS

In support of the Small Business PPE Tax Credit Act (HR 7216), bipartisan legislation that would provide a $25,000 annual tax credit for small businesses to help cover the costs of PPE and additional infection control protections. In support of HR 7777 to provide simplified loan forgiveness for Paycheck Protection Program (PPP) loans In support of allowing PPP loan recipients to take advance of Employee Retention Tax Credits; allow PPP loans for 501c6 organizations. In support of providing tax incentives to encourage healthcare providers to work in health-disadvantaged communities.

Client expense: $30,000 · Firm income: Not reported

Government targets: Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Natl Institutes of Health (NIH), SENATE, Small Business Administration (SBA), Treasury, Dept of

concerns regarding small business issues related to COVID-19; specifically paid medical/family leave in HR 6201; requesting that associations, nonprofits and other tax-exempt organizations be included within any federal aid packages or supplemental appropriations measures related to COVID-19. -Asking Treasury, SBA and congressional leaders to allow Paycheck Protection Program loans to be used for personal protective equipment (PPE) -Asking congressional leaders to allow a tax credit for PPE costs (HR 7216) as well as PPP funds to be used for PPE expenses (S 3833) and (S 3716)

Client expense: $30,000 · Firm income: Not reported

Government targets: Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Natl Institutes of Health (NIH), SENATE, Small Business Administration (SBA), Treasury, Dept of

Health savings accounts, flexible spending accounts, expand and make permanent the 199A/pass through deduction for small businesses. H.R. 1366, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) S. 503, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) H.R. 6886/H.R. 7001 Paycheck Protection Program Flexibility Act Implementation S. 3833 Paycheck Protection Program Extension Act H.R. 7216 Small Business Personal Protective Equipment (PPE) Tax Credit Act S. 3716 Main Street Enhancement and Safety Act H.R. 6821 Small Business Expense Protection Act H.R. 6776 JOBS Credit Act of 2020 H.R. 266 Paycheck Protection Program and Health Care Enhancement Act H.R. 6433, Helping Emergency Responders Overcome Emergency Situations (HEROES) Act S. 2871/H.R. 6448 Indian Health Service Health Professions Tax Fairness Act H.R. 7777 Paycheck Protection Small Business Forgiveness Act S. 4117 Paycheck Protection Small Business Forgiveness Act H.R. 6697 Local Chamber, Tourism, and 501(c)(6) Protection Act S. 4525/H.R. 7819 Eliminating the Provider Relief Fund Tax Penalties Act of 2020 Direct Primary Care Agreements

Client expense: $610,000 · Firm income: Not reported

Increased flexibility for the Paycheck Protection Programs loans Increased funding for small business loan programs H.R. 7777 Paycheck Protection Small Business Forgiveness Act H.R. 6697 Local Chamber, Tourism, and 501(c)(6) Protection Act H.R. 6886/H.R. 7001 Paycheck Protection Program Flexibility Act Implementation S. 3833 Paycheck Protection Program Extension Act H.R. 7216 Small Business Personal Protective Equipment (PPE) Tax Credit Act S. 3716 Main Street Enhancement and Safety Act H.R. 6821 Small Business Expense Protection Act H.R. 7011 Pandemic Risk Insurance Act S. 4317 SAFE TO WORK Act Health, Economic Assistance, Liability Protection, and Schools Act

Client expense: $610,000 · Firm income: Not reported

H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning. H.R. 7079, Clean Start: Back to Work Tax Credit Act, a bill to provide a tax credit to ensure that businesses are properly cleaned and disinfected when stay-at-home restrictions are lifted and to help prevent further infections. H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: $20,000 · Firm income: Not reported

Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of the Vice President of the United States, SENATE

Legislation addressing the COVID-19 pandemic. S.3548 & H.R.748 - CARES Act H.R.6201 - Families First Coronavirus Response Act H.R.6433 - HEROES Act of 2020 H.R.266 - Paycheck Protection Program and Health Care Enhancement Act H.R.6776 - Jumpstarting Our Businesses' Success Credit Act of 2020 S.3716 - Main Street Enhancement & Safety Act S.3714 - PPP Deadline Extension Adjustment for Loans Act H.R.6886 - Paycheck Protection Program Flexibility Act of 2020 S.3915 - Protecting Reopening Businesses Recovering from COVID-19 Act H.R.7216 - Small Business PPE Tax Credit Act S.3833 - Paycheck Protection Program Extension Act

Client expense: Not reported · Firm income: $20,000

Government targets: Centers For Disease Control & Prevention (CDC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Health Resources & Services Administration (HRSA), Internal Revenue Service (IRS), Occupational Safety & Health Administration (OSHA), SENATE, Treasury, Dept of

H.R. 748 - Coronavirus Aid, Relief, and Economic Security Act (CARES) Act H.R. 6567 - GROCER Act of 2020 H.R. 6841 - AG CHAIN Act of 2020 S. FRNT LINE Act - (draft - not yet introduced) H.R. 7079 - Clean Start Back to Work Tax Credit Act of 2020 H.R. 7216 - Small Business PPE Tax Credit Act H.R. 7222 - Safe Reopening Tax Credit Act of 2020 Perishable Food and Beverage Tax Credit

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

Government targets: Agriculture, Dept of (USDA), Federal Motor Carrier Safety Administration, Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), White House Office

H.R. 6800, the HEROES Act and H.R. 6776, the JOBS Credit Act of 2020, as they relate to the Employee Retention Tax Credit. H.R. 7216, the Small Business PPE Act.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), SENATE, Treasury, Dept of

H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning. H.R. 7079, Clean Start: Back to Work Tax Credit Act, a bill to provide a tax credit to ensure that businesses are properly cleaned and disinfected when stay-at-home restrictions are lifted and to help prevent further infections. H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: $20,000 · Firm income: Not reported

Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of the Vice President of the United States, SENATE

H.R.25 - To promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered primarily by the States (Rob Woodall, R-GA) H.R.216 - To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income (Jason Smith, R-MO) S.3280 - A bill to amend the Internal Revenue Code of 1986 to clarify that high-taxed amounts are excluded from tested income for purposes of determining global intangible low-taxed income only if such amounts would be foreign base company income or insurance income (Ron Wyden, D-OR) H.R.6354 - To amend the Internal Revenue Code of 1986 to provide a one-time emergency tax credit to small businesses to cover rent and mortgage payments (Ron Kind, D-WI-3) S.3553 - A bill to modify the schedule for estimated tax payments for 2020 (David Perdue, R-GA) H.R.6551 - To amend the CARES Act to ensure that the temporary relief from CECL standards does not terminate in the middle of a company's fiscal year (Brad Sherman, D-CA-30) H.R.6619 - Restore America's Main Street Act - To amend the Internal Revenue Code of 1986 to provide advance tax refunds to small businesses, and for other purposes (Madeline Dean, D-PA-4) H.R.6629 - To provide a payroll tax credit to employers for employee bonuses (Bill Huizenga, R-MI-2) S.3596 - A bill to make technical corrections to the CARES Act to remove all tax liability associated with loan forgiveness under the Paycheck Protection Program (Mike Braun, R-IN) H.R.6781 - To provide for improved coordination between the paycheck protection program and the employee retention tax credit (Chris Pappas, D-NH-1) H.R.6776 - To provide for improvements related to the employee retention tax credit (Stephanie Murphy, D-FL-7) H.R.6754 - To provide clarification regarding the tax treatment of expenses paid or incurred with proceeds from Paycheck Protection Program loans (Lizzie Fletcher, D-TX-7) H.R.6821 - To clarify for purposes of the Internal Revenue Code of 1986 that receipt of coronavirus assistance does not affect the tax treatment of ordinary business expenses (George Holding, R-NC-2) H.R.6886 - To amend the Small Business Act and the CARES Act to modify certain provisions related to the forgiveness of loans under the paycheck protection program, to allow recipients of loan forgiveness under the paycheck protection program to defer payroll taxes, and for other purposes (Chip Roy, R-TX-21) H.R.6920 - To temporarily suspend payroll taxes during the emergency relating to COVID-19 (Ross Spano, R-FL-15) S.3793 - A bill to amend the CARES Act to modify the employee retention tax credit to secure the paychecks and benefits of workers, to provide a refundable credit against payroll taxes for the operating costs of employers, to amend the Internal Revenue Code of 1986 to provide a small business rebate, and for other purposes (Mark Warner, D-VA) H.R.7058 - To provide a payroll tax credit for certain bonuses paid to employees who worked continuously during the COVID-19 pandemic (Tom Reed, R-NY-23) H.R.7079 - To amend the Internal Revenue Code of 1986 to provide a tax credit ensure that businesses are properly cleaned and disinfected when "stay-at-home" restrictions are lifted and to help prevent further infections (Darin LaHood, R-IL-18) H.R.7216 - To amend the Internal Revenue Code of 1986 to provide a tax credit for personal protective equipment to small businesses, non-profits, independent contractors, veterans' organizations, and farmers, among other entities, in any year in which the President declares a national emergency relating to COVID-19 (Brenda Lawrence, D-MI-14) H.R.7222 - To provide for a credit against employment taxes for certain virus transmission prevention expenses, and for other purposes (Jimmy Panetta, D-CA-20) S.3966 - A bill to provide a tax credit to businesses that provide testing for COVID-19 to their employees (Ted Cruz, R-TX)

H.R. 7079, Clean Start: Back to Work Tax Credit Act H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. S. 4178, Workplace Safety Tax Credit, a bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: Not reported · Firm income: Not reported

H.R. 7079, Clean Start: Back to Work Tax Credit Act H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. S. 4178, Workplace Safety Tax Credit, a bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: Not reported · Firm income: Not reported

H.R. 7079, Clean Start: Back to Work Tax Credit Act H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. S. 4178, Workplace Safety Tax Credit, a bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: Not reported · Firm income: Not reported

H.R. 7079, Clean Start: Back to Work Tax Credit Act H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. S. 4178, Workplace Safety Tax Credit, a bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: Not reported · Firm income: Not reported

H.R. 7079, Clean Start: Back to Work Tax Credit Act H.R. 7222, Safe Reopening Tax Credit of 2020, Section 2 relating to tax credit for safety improvements. H.R. 7216, Small Business PPE 5 Tax Credit Act of 2020, Section 3 relating to personal protective equipment tax credit. S. 4178, Workplace Safety Tax Credit, a bill to provide for a credit against employment taxes for certain workplace safety expenses, and for other purposes. Support of a tax credit to offset business costs related to safely reopening including but not limited to cleaning.

Client expense: Not reported · Firm income: Not reported

Health savings accounts, flexible spending accounts, expand and make permanent the 199A/pass through deduction for small businesses. H.R. 1366, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) S. 503, Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2019 (RAISE ACT) (health savings accounts, flexible spending accounts) H.R. 6886/H.R. 7001 Paycheck Protection Program Flexibility Act. S. 3833 Paycheck Protection Program Extension Act H.R. 7216 Small Business Personal Protective Equipment (PPE) Tax Credit Act S. 3716 Main Street Enhancement and Safety Act Deductibility of expenses paid for with funds from Paycheck Protection Program loans. H.R. 6776 JOBS Credit Act of 2020 H.R. 266 Paycheck Protection Program and Health Care Enhancement Act H.R. 6433, Helping Emergency Responders Overcome Emergency Situations (HEROES) Act Deductibility of Expenses paid for with Paycheck Protection Program loan funds S. 2871/H.R. 6448 Indian Health Service Health Professions Tax Fairness Act

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

concerns regarding small business issues related to COVID-19; specifically paid medical/family leave in HR 6201; requesting that associations, nonprofits and other tax-exempt organizations be included within any federal aid packages or supplemental appropriations measures related to COVID-19. -Asking Treasury, SBA and congressional leaders to allow Paycheck Protection Program loans to be used for personal protective equipment (PPE) -Asking congressional leaders to allow a tax credit for PPE costs (HR 7216) as well as PPP funds to be used for PPE expenses (S 3833) and (S 3716)

Client expense: $40,000 · Firm income: Not reported

Government targets: Centers For Disease Control & Prevention (CDC), Federal Emergency Management Agency (FEMA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Natl Institutes of Health (NIH), SENATE, Small Business Administration (SBA), Treasury, Dept of, White House Office