Carried Interest Fairness Act of 2021

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), AIM Act (S. 1232/H.R. 2788), Build It In America Act (H.R. 3938); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $1,170,000 · Firm income: Not reported

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

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), AIM Act (S. 1232/H.R. 2788), Build It In America Act (H.R. 3938); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $680,000 · Firm income: Not reported

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

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), AIM Act (S. 1232/H.R. 2788), Build It In America Act (H.R. 3938); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $590,000 · Firm income: Not reported

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

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 1, Lower Energy Costs Act H.R. 209, Permitting for Mining Needs Act of 2023 H.R. 1068, Securing Americas Critical Minerals Supply Act H.R. 1070, To amend the Solid Waste Disposal Act to provide the owner or operator of a critical energy resource facility an interim permit under subtitle C that is subject to final approval by the Administrator of the Environmental Protection Agency, and for other purposes H.R. 1085, Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act H.R. 1115, Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R. 1130, Unlocking our Domestic LNG Potential Act of 2023 H.R. 1140, To authorize the Administrator of the Environmental Protection Agency to waive application of certain requirements with respect to processing and refining a critical energy resource at a critical energy resource facility, and for other purposes H.R. 1152, Water Quality Certification and Energy Project Improvement Act of 2023 H.R. 1160, Critical Electric Infrastructure Cybersecurity Incident Reporting Act H.R. 1335, Transparency, Accountability, Permitting, and Production of American Resources Act H.R. 1577, Building United States Infrastructure through Limited Delays and Efficient Reviews (BUILDER) Act of 2023 S. 678, No Oil Producing and Exporting Cartels (NOPEC) Act of 2023 Draft legislation titled Small Business Energy Loan Enhancement Act Draft legislation to amend the Energy Policy and Conservation Act to modify standards for water heaters, furnaces, boilers, and kitchen cooktops, ranges, and ovens, and for other purposes Draft legislation titled Indo-Pacific Strategic Energy Initiative Act Potential legislation similar to H.R. 2617, Consolidated Appropriations Act, 2023 Potential legislation similar to H.R. 2635, Restoring Offshore Wind Opportunities Act (117th Congress) Potential legislation similar to H.R. 3684, Infrastructure Investment and Jobs Act (117th Congress) Potential legislation similar to H.R. 7900, National Defense Authorization Act for Fiscal Year 2023 Potential legislation similar to H.R. 4720/S. 2475, Energy Sector Innovation Credit Act of 2021 Potential legislation similar to H.R. 5376, Build Back Better Act (117th Congress) Potential legislation similar to H.R. 7302, Cyber Deterrence and Response Act of 2022 Potential legislation similar to H.R. 7688, Consumer Fuel Price Gouging Prevention Act (117th Congress) Potential legislation similar to H.R. 7776, James M. Inhofe National Defense Authorization Act for Fiscal Year 2023, including provisions relating to Senate Amendment 6513 (117th Congress) Potential legislation similar to H.R. 8045, Critical Minerals Classification Improvement Act (117th Congress) Potential legislation similar to H.R. 8981, Securing Americas Mineral Supply Chains Act of 2022 Potential legislation similar to S. 977, No Oil Producing and Exporting Cartels (NOPEC) Act of 2021 Potential legislation similar to S. 3808, Restoring Offshore Wind Opportunities Act (117th Congress) Potential legislation similar S. 4064, International Nuclear Energy Act (117th Congress) Potential legislation similar S. 4066, Fueling Our Nuclear Future Act of 2022 Potential legislation similar S. 4217, Transportation Fuel Market Transparency Act (117th Congress) Potential legislation similar S. 4815, Simplify Timelines and Assure Regulatory Transparency (START) Act (117th Congress) Legislative action similar to H.J.Res. 91/S.J.Res. 55, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Council on Environmental Quality relating to "National Environmental Policy Act Implementing Regulations Revisions (117th Congress) Legislative action similar to S.Con.Res.14, A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 (117th Congress) Proposed Rule, Bureau of Land Management; Waste Prevention, Production Subject to Royalties, and Resource Conservation (87 Fed. Reg. 73,588-73,620, November 30, 2022) Proposed Rule, Department of Energy; Clean Energy for New Federal Buildings and Major Renovations of Federal Buildings (87 Fed. Reg. 78,382-78,436, December 21, 2022) Proposed Rule, Department of Energy; Energy Conservation Program: Energy Conservation Standards for Distribution Transformers (88 Fed. Reg. 1,722-1,859, January 11, 2023) Proposed Rule, United States Environmental Protection Agency; Prevention of Significant Deterioration (PSD) and Nonattainment New Source Review (NNSR): Reconsideration of Fugitive Emissions Rule (87 Fed. Reg. 62,322-62,337, October 14, 2022) Public Comment, Environmental Protection Agency; National Enforcement and Compliance Initiatives for Fiscal Years 2024-2027 (88 Fed. Reg. 2,093-2,097, January 12, 2023) Supplemental Notice of Proposed Rulemaking, Environmental Protection Agency; Fees for the Administration of the Toxic Substances Control Act (TSCA) (87 Fed. Reg. 68,647-68,667, November 16, 2022) Applications for Permits to Site Interstate Electric Transmission Facilities, Notice of Proposed Rulemaking (88 Fed. Reg. 2,770-2,794, January 17, 2023) Notice of Request for Information (RFI) on Ensuring the Continued Security of the United States Critical Electric Infrastructure (86 Fed. Reg. 21,309-21,311, April 12, 2021) Department of Interior 2021 Draft List of Critical Minerals, (86 Fed. Reg. 62,199 (Nov. 9, 2021) Development of Guidance for Electric Vehicle Charging Infrastructure Deployment, Federal Highway Administration (86 Fed. Reg. 67,782-67,785, November 29, 2021) Notice of proposed rulemaking, Building for the Future Through Electric Regional Transmission Planning and Cost Allocation and Generator Interconnection (87 Fed. Reg. 26,504-26,611, May 4, 2022) Notice of Proposed Rulemaking, Federal Energy Regulatory Commission; Duty of Candor (87 Fed. Reg. 49,784-49,793, August 12, 2022) Guidance for Grants and Agreements, proposed rule; notification of proposed guidance (87 Fed. Reg. 8,374-8,378, February 9, 2023) Proposed Rule, Department of Defense, General Services Administration, and National Aeronautics and Space Administration; Federal Acquisition Regulation: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk (87 Fed. Reg. 68,312-68,334, November 14, 2022) Various issues relating to regulatory permit streamlining; social cost of carbon in cost-benefit analyses underlying federal regulations; energy security, including implications for national security and natural gas and liquified natural gas exports; offshore energy exploration; Keystone XL environmental assessment; diversifying energy sources, including issues relating to the Trans-Adriatic Pipeline, offshore oil drilling, and wind energy; funding for energy efficiency programs; establishing a durable program for managing used nuclear fuel; nuclear fuel storage at Yucca Mountain; funding for the Advanced Research Projects Agency-Energy (ARPA-E) program; Funding for Advanced Nuclear in FY2023 Appropriations Legislation, specifically the Advanced Reactor Demonstration Program (ARDP) and the Advanced Nuclear Fuel Availability Program; Department of Interior leasing ban and royalty review; Federal Energy Regulatory Commission (FERC) Updated Policy Statement on Certification of New Interstate Natural Gas Facilities; Federal Energy Regulatory Commission (FERC) Interim Policy Statement on the Consideration of Greenhouse Gas Emissions in Natural Gas Infrastructure Project Reviews; strategic petroleum reserve; State Department interim international energy engagement guidance; Electric grid reliability, resiliency, and generation adequacy; critical minerals; Office of Management and Budget guidance on the implementation of the Infrastructure Investment and Jobs Acts Buy America provisions; Bureau of Ocean Energy Management Outer Continental Shelf Leasing Program; Bureau of Land Management Leasing program; Bureau of Ocean Energy Management proposed program for the 2023-2028 National Outer Continental Shelf Oil and Gas Leasing Program; nuclear energy, including high-assay low-enriched uranium (HALEU) fuel supplies; electric transmission siting and permitting; limitations on exports of energy commodities; implementation of the Natural Gas Act (P.L. 75-688); development of solar energy; development of water power; potential Presidential Performance Contracting Challenge; potential appropriations supporting energy innovation; further appropriations for the Department of Energys Office of Science; continuation of the percentage depletion tax deduction; Department of the Interiors comprehensive review of the federal oil and gas program as called for in Executive Order 14008; cybersecurity regulations applicable to critical infrastructure and associated supply chains, including software bills of materials and cyber incident reporting relating to the Cyber Incident Reporting for Critical Infrastructure (CIRCIA) Act of 2022; development of and Initial Implementation Guidance from the Office of Management and Budget on the Application of Buy America Preference in Federal Financial Assistance Programs for Infrastructure (April 18, 2022); electric vehicle charging infrastructure; implementation of hydrogen production tax credit under Inflation Reduction Act (P.L. 117-169)

Client expense: $18,660,000 · Firm income: Not reported

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS)

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform, including changes in holding period Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) and Inflation Reduction Act Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) (H.R. 4061) FIRPTA reform and Parity for Non-Traded REITS Act (H.R. 3123) Net investment income tax and SECA liability Cost recovery, residential rental property and nonresidential property, including S. 4012 and H.R. 7229 Low-income housing tax credit Proposed and final tax regulations under section 897 and 892 REIT rules, including investments in related parties (H.R. 840) Cancellation of Indebtedness income (section 108) Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income (section 199A) and tax rules on pass-through income, including Senator Wyden pass-through reform discussion draft Taxing appreciated capital gains at death Opportunity Zone reform, reporting, and deadline extensions; including S. 4065 and H.R. 7467 Estate tax valuation discounts and rules for grantor trusts Revitalizing Downtowns Act (S. 2511 and H.R. 4759) and tax incentives for property conversions Passive Foreign Investment Company proposed tax regulations (REG-118250-20) Taxing unrealized gains annually - Administration's minimum tax proposal and Chairman Wyden proposal TCJA Permanency Act (H.R. 89) Business interest deductibility and section 163(j) Active loss limitation and section 461(l)

Client expense: $890,500 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office

H.R. 1, Lower Energy Costs Act H.R. 209, Permitting for Mining Needs Act of 2023 H.R. 1068, Securing Americas Critical Minerals Supply Act H.R. 1070, To amend the Solid Waste Disposal Act to provide the owner or operator of a critical energy resource facility an interim permit under subtitle C that is subject to final approval by the Administrator of the Environmental Protection Agency, and for other purposes H.R. 1085, Researching Efficient Federal Improvements for Necessary Energy Refining (REFINER) Act H.R. 1115, Promoting Interagency Coordination for Review of Natural Gas Pipelines Act H.R. 1130, Unlocking our Domestic LNG Potential Act of 2023 H.R. 1140, To authorize the Administrator of the Environmental Protection Agency to waive application of certain requirements with respect to processing and refining a critical energy resource at a critical energy resource facility, and for other purposes H.R. 1152, Water Quality Certification and Energy Project Improvement Act of 2023 H.R. 1160, Critical Electric Infrastructure Cybersecurity Incident Reporting Act H.R. 1335, Transparency, Accountability, Permitting, and Production of American Resources Act H.R. 1577, Building United States Infrastructure through Limited Delays and Efficient Reviews (BUILDER) Act of 2023 S. 678, No Oil Producing and Exporting Cartels (NOPEC) Act of 2023 Draft legislation titled Small Business Energy Loan Enhancement Act Draft legislation to amend the Energy Policy and Conservation Act to modify standards for water heaters, furnaces, boilers, and kitchen cooktops, ranges, and ovens, and for other purposes Draft legislation titled Indo-Pacific Strategic Energy Initiative Act Potential legislation similar to H.R. 2617, Consolidated Appropriations Act, 2023 Potential legislation similar to H.R. 2635, Restoring Offshore Wind Opportunities Act (117th Congress) Potential legislation similar to H.R. 3684, Infrastructure Investment and Jobs Act (117th Congress) Potential legislation similar to H.R. 7900, National Defense Authorization Act for Fiscal Year 2023 Potential legislation similar to H.R. 4720/S. 2475, Energy Sector Innovation Credit Act of 2021 Potential legislation similar to H.R. 5376, Build Back Better Act (117th Congress) Potential legislation similar to H.R. 7302, Cyber Deterrence and Response Act of 2022 Potential legislation similar to H.R. 7688, Consumer Fuel Price Gouging Prevention Act (117th Congress) Potential legislation similar to H.R. 7776, James M. Inhofe National Defense Authorization Act for Fiscal Year 2023, including provisions relating to Senate Amendment 6513 (117th Congress) Potential legislation similar to H.R. 8045, Critical Minerals Classification Improvement Act (117th Congress) Potential legislation similar to H.R. 8981, Securing Americas Mineral Supply Chains Act of 2022 Potential legislation similar to S. 977, No Oil Producing and Exporting Cartels (NOPEC) Act of 2021 Potential legislation similar to S. 3808, Restoring Offshore Wind Opportunities Act (117th Congress) Potential legislation similar S. 4064, International Nuclear Energy Act (117th Congress) Potential legislation similar S. 4066, Fueling Our Nuclear Future Act of 2022 Potential legislation similar S. 4217, Transportation Fuel Market Transparency Act (117th Congress) Potential legislation similar S. 4815, Simplify Timelines and Assure Regulatory Transparency (START) Act (117th Congress) Legislative action similar to H.J.Res. 91/S.J.Res. 55, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Council on Environmental Quality relating to "National Environmental Policy Act Implementing Regulations Revisions (117th Congress) Legislative action similar to S.Con.Res.14, A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 (117th Congress) Proposed Rule, Bureau of Land Management; Waste Prevention, Production Subject to Royalties, and Resource Conservation (87 Fed. Reg. 73,588-73,620, November 30, 2022) Proposed Rule, Department of Energy; Clean Energy for New Federal Buildings and Major Renovations of Federal Buildings (87 Fed. Reg. 78,382-78,436, December 21, 2022) Proposed Rule, Department of Energy; Energy Conservation Program: Energy Conservation Standards for Distribution Transformers (88 Fed. Reg. 1,722-1,859, January 11, 2023) Proposed Rule, United States Environmental Protection Agency; Prevention of Significant Deterioration (PSD) and Nonattainment New Source Review (NNSR): Reconsideration of Fugitive Emissions Rule (87 Fed. Reg. 62,322-62,337, October 14, 2022) Public Comment, Environmental Protection Agency; National Enforcement and Compliance Initiatives for Fiscal Years 2024-2027 (88 Fed. Reg. 2,093-2,097, January 12, 2023) Supplemental Notice of Proposed Rulemaking, Environmental Protection Agency; Fees for the Administration of the Toxic Substances Control Act (TSCA) (87 Fed. Reg. 68,647-68,667, November 16, 2022) Applications for Permits to Site Interstate Electric Transmission Facilities, Notice of Proposed Rulemaking (88 Fed. Reg. 2,770-2,794, January 17, 2023) Notice of Request for Information (RFI) on Ensuring the Continued Security of the United States Critical Electric Infrastructure (86 Fed. Reg. 21,309-21,311, April 12, 2021) Department of Interior 2021 Draft List of Critical Minerals, (86 Fed. Reg. 62,199 (Nov. 9, 2021) Development of Guidance for Electric Vehicle Charging Infrastructure Deployment, Federal Highway Administration (86 Fed. Reg. 67,782-67,785, November 29, 2021) Notice of proposed rulemaking, Building for the Future Through Electric Regional Transmission Planning and Cost Allocation and Generator Interconnection (87 Fed. Reg. 26,504-26,611, May 4, 2022) Notice of Proposed Rulemaking, Federal Energy Regulatory Commission; Duty of Candor (87 Fed. Reg. 49,784-49,793, August 12, 2022) Guidance for Grants and Agreements, proposed rule; notification of proposed guidance (87 Fed. Reg. 8,374-8,378, February 9, 2023) Proposed Rule, Department of Defense, General Services Administration, and National Aeronautics and Space Administration; Federal Acquisition Regulation: Disclosure of Greenhouse Gas Emissions and Climate-Related Financial Risk (87 Fed. Reg. 68,312-68,334, November 14, 2022) Various issues relating to regulatory permit streamlining; social cost of carbon in cost-benefit analyses underlying federal regulations; energy security, including implications for national security and natural gas and liquified natural gas exports; offshore energy exploration; Keystone XL environmental assessment; diversifying energy sources, including issues relating to the Trans-Adriatic Pipeline, offshore oil drilling, and wind energy; funding for energy efficiency programs; establishing a durable program for managing used nuclear fuel; nuclear fuel storage at Yucca Mountain; funding for the Advanced Research Projects Agency-Energy (ARPA-E) program; Funding for Advanced Nuclear in FY2023 Appropriations Legislation, specifically the Advanced Reactor Demonstration Program (ARDP) and the Advanced Nuclear Fuel Availability Program; Department of Interior leasing ban and royalty review; Federal Energy Regulatory Commission (FERC) Updated Policy Statement on Certification of New Interstate Natural Gas Facilities; Federal Energy Regulatory Commission (FERC) Interim Policy Statement on the Consideration of Greenhouse Gas Emissions in Natural Gas Infrastructure Project Reviews; strategic petroleum reserve; State Department interim international energy engagement guidance; Electric grid reliability, resiliency, and generation adequacy; critical minerals; Office of Management and Budget guidance on the implementation of the Infrastructure Investment and Jobs Acts Buy America provisions; Bureau of Ocean Energy Management Outer Continental Shelf Leasing Program; Bureau of Land Management Leasing program; Bureau of Ocean Energy Management proposed program for the 2023-2028 National Outer Continental Shelf Oil and Gas Leasing Program; nuclear energy, including high-assay low-enriched uranium (HALEU) fuel supplies; electric transmission siting and permitting; limitations on exports of energy commodities; implementation of the Natural Gas Act (P.L. 75-688); development of solar energy; development of water power; potential Presidential Performance Contracting Challenge; potential appropriations supporting energy innovation; further appropriations for the Department of Energys Office of Science; continuation of the percentage depletion tax deduction; Department of the Interiors comprehensive review of the federal oil and gas program as called for in Executive Order 14008; cybersecurity regulations applicable to critical infrastructure and associated supply chains, including software bills of materials and cyber incident reporting relating to the Cyber Incident Reporting for Critical Infrastructure (CIRCIA) Act of 2022; development of and Initial Implementation Guidance from the Office of Management and Budget on the Application of Buy America Preference in Federal Financial Assistance Programs for Infrastructure (April 18, 2022); electric vehicle charging infrastructure; implementation of hydrogen production tax credit under Inflation Reduction Act (P.L. 117-169)

Client expense: $18,660,000 · Firm income: Not reported

Government targets: Energy, Dept of, Environmental Protection Agency (EPA), Federal Energy Regulatory Commission (FERC), HOUSE OF REPRESENTATIVES, Interior, Dept of (DOI), Office of Management & Budget (OMB), SENATE, State, Dept of (DOS)

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), the Permanently Preserving Americas Investment in Manufacturing Act of 2021 (S. 1077 / H.R. 5371); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $660,000 · Firm income: Not reported

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

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), the Permanently Preserving Americas Investment in Manufacturing Act of 2021 (S. 1077 / H.R. 5371); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $660,000 · Firm income: Not reported

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

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

IRC Section 108 Cancellation of Indebtedness income- no bill S. 480/HR 1381 Main Street Tax Certainty Act - All H.R. 840 Retail Revitalization Act - All H.R. 2346 Energy Efficient Qualified Improvement Property Act of 2021 - All S. 1598/H.R. 1068 Carried Interest Fairness Act - All S. 2617 Ending the Carried Interest Loophole Act - All S 1997 To provide that certain contributions by government entities are treated as contributions to capital - All S. 2511 / H.R.4759 Revitalizing Downtowns Act - All Wyden Pass-Through Reform - no bill, discussion draft - All S. 4065/H.R. 7467 Opportunity Zones Improvement, Transparency and Extension Act - All S. 1077/H.R. 5371 Permanently Preserving America's Investment in Manufacturing Act - ALL

Client expense: $400,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Capital gains tax rate - no bill Like-Kind Exchanges - maintaining current tax treatment of IRC Section 1031 - no bill IRC Section 108 Cancellation of Indebtedness income- no bill IRC Section 1014 - maintaining stepped-up basis for inherited assets - no bill S. 480/HR 1381 Main Street Tax Certainty Act - All H.R. 840 Retail Revitalization Act - All H.R. 2346 Energy Efficient Qualified Improvement Property Act of 2021 - All S. 1598/H.R. 1068 Carried Interest Fairness Act - All S. 2617 Ending the Carried Interest Loophole Act - All S 1997 To provide that certain contributions by government entities are treated as contributions to capital - All S. 2511 / H.R.4759 Revitalizing Downtowns Act - All H.R. 6161/S.3625 The Employee Retention Tax Credit Reinstatement Act - All Wyden Pass-Through Reform - no bill, discussion draft - All Wyden capital gains mark to market proposals - no bill, discussion draft - All S. 4065/H.R. 7467 Opportunity Zones Improvement, Transparency and Extension Act - All Potential legislation on state sales tax collection and simplification post-Wayfair decision - no bill. S. 1077/H.R. 5371 Permanently Preserving America's Investment in Manufacturing Act - ALL H.R. 5376 Inflation Reduction Act of 2022. Proposals to modify the treatment of carried interest.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to H.R.1068 (Carried Interest Fairness Act of 2021)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act HR5376 - Inflation Reduction Act of 2022S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act HR5376 - Inflation Reduction Act of 2022 Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply HR2617 - Consolidated Appropriations Act, 2023 Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act HR5376 - Inflation Reduction Act of 2022 S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2617 - Consolidated Appropriations Act, 2023 HR2768 - American Housing and Economic Mobility Act HR5376 - Inflation Reduction Act of 2022 S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Discussions with the House and Senate regarding policy proposals to encourage converting underutilized commercial real estate into residential housing units. Carried Interest HR1068 - The Carried Interest Fairness Act HR5376 - Inflation Reduction Act of 2022 S1598 - Carried Interest Fairness Act of 2021 Capital Gains HR9015 - More Homes on the Market Act Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act HR5376 - Inflation Reduction Act of 2022 Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value HR5376 - Inflation Reduction Act of 2022 S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Inflation Reduction Act of 2022 Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR7229 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units. Net Investment Income Tax Communications with Congressional leadership opposing the 3.8% net investment income tax. Middle Income Housing Tax Credit Discussions with the House and Senate regarding creating a "middle income housing tax credit." Mortgage Insurance Tax Deduction Conversations with the Senate Finance Committee and the House Ways and Means Committee regarding mortgage insurance tax deduction policies.

Client expense: $25,260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Capital gains tax policy, including carried interest; Carried Interest Fairness Act H.R.1068/S.1598; Qualified Small Business Stock; Stock options; Partnership tax policy; Tax assets issues including net operating loss carryforwards and R&D credit; IGNITE American Innovation Act; American Innovation & Jobs Act; American Innovation Act H.R.7503; Start-ups for Cures Act H.R.7504; More Cures Act H.R.7505; Fostering Innovation and Research to Strengthen Tomorrow (FIRST) Act H.R. 8253; Climate and energy tax issues, including production and investment tax credits and Section 45Q; GREEN Act; American Jobs in Energy Manufacturing Act of 2021; Clean Energy for America Act S.1288; Inflation Reduction Act (HR 5376) Public Law No. 117-169.; Ending the Carried Interest Loophole Act S.2617.

Client expense: $790,191 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

H.R.3684 - Infrastructure Investment and Jobs Act S.Con.Res.14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 S. 2823 - No Hearing, No Vote Act of 2021 H.R.5376 - Build Back Better Act S. 1981, the Accelerating Charitable Efforts (ACE) Act S. 2519, RIP MSP Act H.R.4502 - Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022 H.R. 1068, the Carried Interest Fairness Act H.R. 1319, the American Rescue Plan H.R. 848 - Growing Renewable Energy and Efficiency Now (GREEN) Act H.R.1304 - American Innovation and R&D Competitiveness Act H.R.1584 - To impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes H.R.2165, the Exit Tax Prevention Act Issue related to electric vehicle tax credit Issues related to a federal carbon tax Issues related to Biden infrastructure plan and associated tax increases Issues related to Biden infrastructure plan and associated tax increases Issues related to capital gains taxation Issues related to corporate tax increases Issues related to estate taxes Issues related to Treasury nominations S. 510, the Ultra-Millionaire Tax Act S. 730/H.R. 2002, the Let States Cut Taxes Act S. 749, the American Innovation and Jobs Act S.743, the State Fiscal Flexibility Act S.3022, the Stop Wall Street Looting Act H.R. 5838, the Capital Gains Inflation Relief Act H.R. 4214, the Tax Deadline Simplification Act S. 3056, the Prohibiting IRS Financial Surveillance Act S. 4046, the Simplify, Dont Amplify the IRS Act H.R. 7743, the Small Businesses Before Bureaucrats Act H.R. 7503, the American Innovation Act S.Amdt.5194 to H.R.5376 - Inflation Reduction Act of 2022 S.3933 - CHIPS for America Act H.R.8913 - The TCJA Permanency Act H.Res.1285 - Requesting the President to transmit certain information to the House of Representatives relating to a waiver of intellectual property commitments under the World Trade Organization Agreement on Trade-Related Aspects of Intellectual Property Rights. S.4832 - Increase Reliable Services Now Act Issues related to 1099-k reporting threshold requirement H.R. 3425 the Saving Gig Economy Taxpayers Act the Emergency Taxpayer Paperwork and Audit Relief Act H.R.8853 - Protecting American Savers and Retirees Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor proposals related to carried interest, including H.R. 1068, Carried Interest Fairness Act of 2021, and H.R. 5376, Inflation Reduction Act of 2022; monitor tax proposals related to capital gains.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax treatment of investment capital and start-up companies; and tax policy that encourages new company formation, such as Section 382 reform and R&Dtax credit. H.R. 1068 - Carried Interest Fairness Act; S. 1598. S. 749 - IGNITE American Innovation Act. H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021. S. 2617 - Ending the Carried Interest Loophole Act. Implementation of the Inflation Reduction Act (H.R. 5376) Public Law No. 117-169.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, the Consolidated Appropriations Act (H.R.2617), Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, Tax Cuts and Jobs Act (Public Law 115-97), the Permanently Preserving Americas Investment in Manufacturing Act of 2021 (S. 1077 / H.R. 5371); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $1,290,000 · Firm income: Not reported

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

HR 1785, S 714- International tax incentives for outsourcing and rates, No Tax Breaks for Outsourcing Act HR 2576, S 994- Estate Taxes, For the 99.5% Act S 510, HR 1459- Ultra-millionaire Tax Act of 2021 HR 3805, S 2028- Millionaires Surtax Act HR 2617, HR 1068, S 1598- Carried interest tax loophole HR 7502- Babies Over Billionaires Act HR 8558- Billionaire Minimum Income Tax Individual taxes- Surtax, increase rates on high income, raise top rate to 39.6%, close loopholes, Mark to Market Corporate tax- higher rates, close loopholes, raise revenue S 2680, HR 4940- Corporate tax- Minimum rate (e.g. 15%), Real Corporate Profits Tax Act of 2021 HR 6847- Individualized itemized tax deduction for SALT, Supporting Americans with Lower Taxes Act (SALT Act) Earned Income Tax Credit (EITC), Child Tax Credit (CTC) HR 2549, S 1157- Tax Fairness for Workers Act, Individual tax deduction for union dues S 4192, HR 8448- No Tax Breaks for Union Busting Act General Business Tax Credits refundability Tax Extenders General, R & D Tax Credit, Refundable NOL Carryover Opportunity Zone Reform Act S 4508, HR 8368- Simplifying Federal Tax Filing Procedures, Tax Filing Simplification Act

Client expense: $540,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform, including changes in holding period Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) and Inflation Reduction Act Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) (H.R. 4061) FIRPTA reform and Parity for Non-Traded REITS Act (H.R. 3123) Net investment income tax and SECA liability Cost recovery, residential rental property and nonresidential property, including S.4012 and H.R. 7229 Low-income housing tax credit Proposed and final tax regulations under sections 897 and 892 REIT rules, including investments in related parties (H.R. 840) Cancellation of Indebtedness income (section 108) Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income (section 199A) and tax rules on pass-through income, including Senator Wyden pass-through reform discussion draft Taxing appreciated capital gains at death Opportunity Zone reform, reporting, and deadline extensions; including S. 4065 and H.R. 7467 Estate tax valuation discounts and rules for grantor trusts Revitalizing Downtowns Act (S. 2511 and H.R. 4759) Passive Foreign Investment Company proposed tax regulations (REG-118250-20) Taxing unrealized gains annually - Administration's minimum tax proposal and Chairman Wyden proposal TCJA Permanency Act (HR 89) Business interest deductibility and section 163(j) Active loss limitation and section 461(l)

Client expense: $913,660 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office

IRC Section 108 Cancellation of Indebtedness income- no bill S. 480/HR 1381 Main Street Tax Certainty Act - All H.R. 840 Retail Revitalization Act - All H.R. 2346 Energy Efficient Qualified Improvement Property Act of 2021 - All S. 1598/H.R. 1068 Carried Interest Fairness Act - All S. 2617 Ending the Carried Interest Loophole Act - All S 1997 To provide that certain contributions by government entities are treated as contributions to capital - All S. 2511 / H.R.4759 Revitalizing Downtowns Act - All Wyden Pass-Through Reform - no bill, discussion draft - All S. 4065/H.R. 7467 Opportunity Zones Improvement, Transparency and Extension Act - All S. 1077/H.R. 5371 Permanently Preserving America's Investment in Manufacturing Act - ALL

Client expense: $400,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to H.R.1068 (Carried Interest Fairness Act of 2021)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.3684 - Infrastructure Investment and Jobs Act S.Con.Res.14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 S. 2823 - No Hearing, No Vote Act of 2021 H.R.5376 - Build Back Better Act S. 1981, the Accelerating Charitable Efforts (ACE) Act S. 2519, RIP MSP Act H.R.4502 - Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022 H.R. 1068, the Carried Interest Fairness Act H.R. 1319, the American Rescue Plan H.R. 848 - Growing Renewable Energy and Efficiency Now (GREEN) Act H.R.1304 - American Innovation and R&D Competitiveness Act H.R.1584 - To impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes H.R.2165, the Exit Tax Prevention Act Issue related to electric vehicle tax credit Issues related to a federal carbon tax Issues related to Biden infrastructure plan and associated tax increases Issues related to Biden infrastructure plan and associated tax increases Issues related to capital gains taxation Issues related to corporate tax increases Issues related to estate taxes Issues related to Treasury nominations S. 510, the Ultra-Millionaire Tax Act S. 730/H.R. 2002, the Let States Cut Taxes Act S. 749, the American Innovation and Jobs Act S.743, the State Fiscal Flexibility Act S.3022, the Stop Wall Street Looting Act H.R. 5838, the Capital Gains Inflation Relief Act H.R. 4214, the Tax Deadline Simplification Act S. 3056, the Prohibiting IRS Financial Surveillance Act S. 4046, the Simplify, Dont Amplify the IRS Act H.R. 7743, the Small Businesses Before Bureaucrats Act H.R. 7503, the American Innovation Act S.Amdt.5194 to H.R.5376 - Inflation Reduction Act of 2022 S.3933 - CHIPS for America Act H.R.8913 - The TCJA Permanency Act H.Res.1285 - Requesting the President to transmit certain information to the House of Representatives relating to a waiver of intellectual property commitments under the World Trade Organization Agreement on Trade-Related Aspects of Intellectual Property Rights. S.4832 - Increase Reliable Services Now Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act HR5376 - Inflation Reduction Act of 2022S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act HR5376 - Inflation Reduction Act of 2022 Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act HR5376 - Inflation Reduction Act of 2022 S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act HR5376 - Inflation Reduction Act of 2022 S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Discussions with the House and Senate regarding policy proposals to encourage converting underutilized commercial real estate into residential housing units. Carried Interest HR1068 - The Carried Interest Fairness Act HR5376 - Inflation Reduction Act of 2022 S1598 - Carried Interest Fairness Act of 2021 Capital Gains HR9015 - More Homes on the Market Act Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act HR5376 - Inflation Reduction Act of 2022 Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value HR5376 - Inflation Reduction Act of 2022 S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Inflation Reduction Act of 2022 Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR7229 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units. Net Investment Income Tax Communications with Congressional leadership opposing the 3.8% net investment income tax. Middle Income Housing Tax Credit Discussions with the House and Senate regarding creating a "middle income housing tax credit."

Client expense: $29,260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform, including changes in holding period Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) and Inflation Reduction Act Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) (H.R. 4061) FIRPTA reform and Parity for Non-Traded REITS Act (H.R. 3123) Net investment income tax and SECA liability Cost recovery, residential rental property and nonresidential property, including S.4012 and H.R. 7229 Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) REIT rules, including investments in related parties (H.R. 840) Cancellation of Indebtedness income (section 108) Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income (section 199A) and tax rules on pass-through income, including Senator Wyden pass-through reform discussion draft Taxing appreciated capital gains at death Opportunity Zone reform, reporting, and deadline extensions; including S. 4065 and H.R. 7467 Estate tax valuation discounts and rules for grantor trusts Portfolio interest exemption and inbound real estate investment Electric vehicle charging infrastructure tax incentives Revitalizing Downtowns Act (S. 2511 and H.R. 4759) Passive Foreign Investment Company proposed tax regulations (REG-118250-20) Taxing unrealized gains annually - Administration's minimum tax proposal and Chairman Wyden proposal TCJA Permanency Act (HR 89) Business interest deductibility and section 163(j) Active loss limitation and section 461(l)

Client expense: $1,278,075 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office

Monitor proposals related to carried interest, including H.R. 1068, Carried Interest Fairness Act of 2021 and H.R. 5376, Inflation Reduction Act of 2022; monitor tax proposals related to capital gains.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Tax treatment of investment capital and start-up companies; and tax policy that encourages new company formation, such as Section 382 reform and R&Dtax credit. H.R. 1068 - Carried Interest Fairness Act; S. 1598. S. 749 - IGNITE American Innovation Act. H.R. 1304 - American Innovation and R&D Competitiveness Act of 2021. S. 2617 - Ending the Carried Interest Loophole Act. Inflation Reduction Act (H.R. 5376) Public Law No. 117-169.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Inflation Reduction Act (Public Law No: 117-169), Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, including Tax Cuts and Jobs Act (Public Law 115-97), the Permanently Preserving Americas Investment in Manufacturing Act of 2021 (S. 1077 / H.R. 5371); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $550,000 · Firm income: Not reported

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

Capital gains tax policy, including carried interest; Carried Interest Fairness Act H.R.1068/S.1598; Qualified Small Business Stock; Stock options; Partnership tax policy; Tax assets issues including net operating loss carryforwards and R&D credit; IGNITE American Innovation Act; American Innovation & Jobs Act; American Innovation Act H.R.7503; Start-ups for Cures Act H.R.7504; More Cures Act H.R.7505; Fostering Innovation and Research to Strengthen Tomorrow (FIRST) Act H.R. 8253; Climate and energy tax issues, including production and investment tax credits and Section 45Q; GREEN Act; American Jobs in Energy Manufacturing Act of 2021; Clean Energy for America Act S.1288; Inflation Reduction Act (HR 5376) Public Law No. 117-169.; Ending the Carried Interest Loophole Act S.2617.

Client expense: $607,142 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

Billionaires Surtax- various proposals Individual taxes- Surtax, increase rates on high income, return top rate to 39.6%, close loopholes, Mark to Market Corporate tax rates, close loopholes Supporting Americans with Lower Taxes (SALT) Act Earned income tax credits, child tax credits HR 2549, S 1157- Tax Fairness for Workers Act, Individual tax deduction for union dues S 4192, HR 8448- No Tax Breaks for Union Busting Act HR 2337- Public Servants Protection and Fairness Act of 2021 Tax Filing Simplification Act HR 5376, HR 1785, S 714- International tax incentives for outsourcing and rates, No Tax Breaks for Outsourcing Act HR 5376, HR 2576, S 994- Estate Taxes, For the 99.5% Act HR 5376, S 510, HR 1459- Ultra-Millionaire Tax Act of 2021 HR 3805, S 2028- Millionaires Surtax Act HR 5376, S 2617, HR 1068, S 1598- Carried interest tax loophole HR 7502- Babies Over Billionaires Act HR 8558- Billionaire Minimum Income Tax Deemed realization (1 time) at death/transfer for large assets (e.g. >$1 B) HR 2286- Deemed Realization of capital gains HR 5376, HR 1116, HR 1200, S 1857, S 1788- Increase funds for IRS tax enforcement and services, IRS Enhancement and Tax Gap Reduction Act of 2021, Stop CHEATERS Act, Restoring the IRS Act S 1652- Paying a Fair Share Act Close NIIT and SECA tax loopholes- use revenue for Medicare HR 5376, S 2680, HR 4940- Corporate tax: minimum rate (e.g. 15%), Real Corporate Profits Tax Act of 2021 General Business Tax Credits refundability Tax extenders General, R&D Tax Credit, Refundable NOL Carryover Opportunity Zone Reform Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

Capital gains tax policy, including carried interest; Carried Interest Fairness Act H.R.1068/S.1598; Qualified Small Business Stock; Stock options; Partnership tax policy; Tax assets issues including net operating loss carryforwards and R&D credit; IGNITE American Innovation Act; American Innovation & Jobs Act; American Innovation Act H.R.7503; Start-ups for Cures Act H.R.7504; More Cures Act H.R.7505; Fostering Innovation and Research to Strengthen Tomorrow (FIRST) Act H.R. 8253; Climate and energy tax issues, including production and investment tax credits and Section 45Q; GREEN Act; American Jobs in Energy Manufacturing Act of 2021; Clean Energy for America Act S.1288; Inflation Reduction Act (HR 5376) Public Law No. 117-169.; Ending the Carried Interest Loophole Act S.2617.

Client expense: $857,235 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

Capital gains tax rate - no bill Like-Kind Exchanges - maintaining current tax treatment of IRC Section 1031 - no bill IRC Section 108 Cancellation of Indebtedness income- no bill IRC Section 1014 - maintaining stepped-up basis for inherited assets - no bill S. 480/HR 1381 Main Street Tax Certainty Act - All H.R. 840 Retail Revitalization Act - All H.R. 2346 Energy Efficient Qualified Improvement Property Act of 2021 - All S. 1598/H.R. 1068 Carried Interest Fairness Act - All S. 2617 Ending the Carried Interest Loophole Act - All S 1997 To provide that certain contributions by government entities are treated as contributions to capital - All S. 2511 / H.R.4759 Revitalizing Downtowns Act - All H.R. 6161/S.3625 The Employee Retention Tax Credit Reinstatement Act - All Wyden Pass-Through Reform - no bill, discussion draft - All Wyden capital gains mark to market proposals - no bill, discussion draft - All S. 4065/H.R. 7467 Opportunity Zones Improvement, Transparency and Extension Act - All Potential legislation on state sales tax collection and simplification post-Wayfair decision - no bill. S. 1077/H.R. 5371 Permanently Preserving America's Investment in Manufacturing Act - ALL H.R. 5376 Inflation Reduction Act of 2022. Proposals to modify the treatment of carried interest.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Opportunity Zones regulations S. 794 Tax Excessive CEO Pay Act of 2021 H.R. 1068 Carried Interest Fairness Act of 2021 Opportunity Zones Babies over Billionaires Act (Bowman Wealthtax bill)

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

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

H.R.3684 - Infrastructure Investment and Jobs Act S.Con.Res.14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031 S. 2823 - No Hearing, No Vote Act of 2021 H.R.5376 - Build Back Better Act S. 1981, the Accelerating Charitable Efforts (ACE) Act S. 2519, RIP MSP Act H.R.4502 - Labor, Health and Human Services, Education, Agriculture, Rural Development, Energy and Water Development, Financial Services and General Government, Interior, Environment, Military Construction, Veterans Affairs, Transportation, and Housing and Urban Development Appropriations Act, 2022 H.R. 1068, the Carried Interest Fairness Act H.R. 1319, the American Rescue Plan H.R. 848 - Growing Renewable Energy and Efficiency Now (GREEN) Act H.R.1304 - American Innovation and R&D Competitiveness Act H.R.1584 - To impose a limitation on taxation and fees on transactions by certain securities industry participants, and for other purposes H.R.2165, the Exit Tax Prevention Act Issue related to electric vehicle tax credit Issues related to a federal carbon tax Issues related to Biden infrastructure plan and associated tax increases Issues related to Biden infrastructure plan and associated tax increases Issues related to capital gains taxation Issues related to corporate tax increases Issues related to estate taxes Issues related to Treasury nominations S. 510, the Ultra-Millionaire Tax Act S. 730/H.R. 2002, the Let States Cut Taxes Act S. 749, the American Innovation and Jobs Act S.743, the State Fiscal Flexibility Act S.3022, the Stop Wall Street Looting Act H.R. 5838, the Capital Gains Inflation Relief Act H.R. 4214, the Tax Deadline Simplification Act S. 3056, the Prohibiting IRS Financial Surveillance Act S. 4046, the Simplify, Dont Amplify the IRS Act H.R. 7743, the Small Businesses Before Bureaucrats Act H.R. 7503, the American Innovation Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to H.R.1068 (Carried Interest Fairness Act of 2021)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Extension and Expansion of Credits for Paid Sick and Family Leave and Employee Retention HR1319 - The American Rescue Plan Act of 2021 State and Local Tax Deduction HR202 - SALT Fairness Act HR613 - SALT Deductibility Act HR946 - SALT Act HR2439 - SALT Fairness for Working Families Act HR3925 - SHELTER Act HR5565 - Banana Stand Money Act S85 - SALT Deductibility Act S804 - SALT Deduction Fairness Act Communications with the House of Representatives re: the SALT cap. Section 199A Deduction HR1381 - Main Street Certainty Act S480 - Main Street Tax Certainty Act S2387, the Small Business Tax Fairness Act Communications with the House Ways & Means Committee and the Senate Finance Committee opposing the repeal of the Section 199A Qualified Business Interest Deduction. Opportunity Zones HR970 - The Opportunity Zone Extension Act HR4177 - The Expanding Opportunity Zones Act Communications with the U.S. Senate in support of extending the Qualified Opportunity Zone program deadlines. Section 1031 Like-Kind Exchanges HR1742 - The Real Estate Exchange Fairness Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of retaining Section 1031 Like-Kind Exchanges. Neighborhood Homes Investment Act S98 - The Neighborhood Homes Investment Act HR2143 - The Neighborhood Homes Investment Act Conversations with the U.S. House of Representatives and the U.S. Senate supporting bolstering the NHIA. First time homebuyer tax credits HR2863 - First-Time Homebuyer Act of 2021 Conversations with the U.S. House of Representatives and the U.S. Senate in support of a first-time homebuyer tax credit. Low Income Housing Tax Credit HR4204, the Affordable House Act Conversations with the U.S. House of Representatives and the U.S. Senate in support of bolstering the Low Income Housing Tax Credit. Increasing Housing Supply Conversations with the U.S. House of Representatives and the U.S. Senate in support of tax incentives to create more housing supply and more housing options for first-time homebuyers. Communications with the House and Senate regarding legislative proposals to convert underused/abandoned commercial properties into residential real estate Estate Tax Reform HR1712 - Death Tax Repeal Act S617 - Death Tax Repeal Act Affordable Housing HR2573 - Affordable Housing Credit Improvement Act of 2021 HR2768 - American Housing and Economic Mobility Act S1136 - Affordable Housing Credit Improvement Act of 2021 S1368 - American Housing and Economic Mobility Act Commercial Real Estate Conversion Tax Credits HR4759 - The Revitalizing Downtowns Act S2511 - The Revitalizing Downtowns Act Carried Interest HR1068 - The Carried Interest Fairness Act S1598 - Carried Interest Fairness Act of 2021 Capital Gains Discussions regarding proposed legislation, the Sensible Taxation and Equity Promotion (STEP) Act. Communications with the House and Senate opposing increases to the capital gains tax rate and taxing of unrealized capital gains Energy Efficiency Tax Incentives HR2346 - E-QUIP Act Tax Credit for Disaster Mitigation/Expenses S1805 - Shelter Act REITs HR3123 - Parity for Non-Traded REITs Act Partnership Tax Rules Communications with the Senate Finance Committee about proposed legislation to change the partnership tax rules Tax Reform HR2275 - The Mortgage Debt Tax Forgiveness Act HR2276 - the Mortgage Insurance Tax Deduction Act HR2286 - A bill to treat property transferred by gift or at death as sold for fair market value S126 - A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes. Communications with the House and Senate opposing changes to the "step-up in basis" provision and in support of increasing the section 121 IRC exclusion. Infrastructure Proposals HR5376 - Build Back Better Act Communications with the House and Senate regarding the pay-fors in the American Rescue Plan and the American Jobs Plan The Historic Tax Credit HR2266 - The Historic Tax Credit Growth and Opportunity Act HR2294 - The Historic Tax Credit Growth and Opportunity Act COVID-19 Recovery Communications with the U.S. House of Representatives and the U.S. Senate regarding the Coronavirus Recovery Fund Housing Tax Credit Statute Adjustment. Depreciation of Real Property HR722 9 - Renewing Investment in American Workers and Supply Chains Act Tax incentives for housing Discussions with the House and Senate regarding policy proposals to give tax incentives for the production of residential units.

Client expense: $14,820,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislation affecting the tax treatment of private equity, including proposed legislation on carried interest capital gains, Build Back Better Act (H.R.5376), Carried Interest Tax Fairness Act of 2021 (H.R. 1068), Ending the Carried Interest Loophole Act (S. 1639), and the Stop Wall Street Looting Act (S. 2155 / H.R. 3848), proposals to alter the tax treatment of interest deductibility, including Public Law 115-97, Tax Cuts and Jobs Act, the Permanently Preserving Americas Investment in Manufacturing Act of 2021 (S. 1077 / H.R. 5371); and legislative proposals related to equitable tax treatment of private equity in health care; regulations affecting the tax treatment of private equity.

Client expense: $510,000 · Firm income: Not reported

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

Monitor proposals related to carried interest, including H.R. 1068, Carried Interest Fairness Act of 2021 and the Build Back Better Act; monitor tax proposals related to capital gains.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Capital gains tax policy, including carried interest; Carried Interest Fairness Act H.R.1068/S.1598; Qualified Small Business Stock; Stock options; Partnership tax policy; Tax assets issues including net operating loss carryforwards and R&D credit; IGNITE American Innovation Act; American Innovation & Jobs Act; American Innovation Act H.R.7503; Start-ups for Cures Act H.R.7504; More Cures Act H.R.7505; Fostering Innovation and Research to Strengthen Tomorrow (FIRST) Act H.R. 8253; Climate and energy tax issues, including production and investment tax credits and Section 45Q; GREEN Act; American Jobs in Energy Manufacturing Act of 2021; Clean Energy for America Act S.1288; the Build Back Better Act, a bill to provide for reconciliation pursuant to title II of the Concurrent Resolution on the Budget for Fiscal Year 2022, S. Con. Res. 14.; Ending the Carried Interest Loophole Act S.2617.

Client expense: $857,235 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office

"Carried Interest Fairness Act" H.R. 1068 and carried interest reform Energy efficiency and clean energy tax incentives, including the E-QUIP Act (H.R. 2346) Like-Kind Exchanges (Sec. 1031) Completed contract method of accounting and condominium construction (Section 460(e) FIRPTA reform IRS Notice 2007-55 Cost recovery, residential rental property Tax guidance related to transition away from LIBOR as a reference rate Opportunity Zone reporting legislation and Opportunity Zone reform Indexing capital gains for inflation Capital gains mark-to-market Low-income housing tax credit Contributions in Aid of Construction (Sec. 118) Partnership tax forms (1065 and Schedule K-1) REIT rules, including investments in related parties (H.R. 8805) (H.R. 840) Cancellation of Indebtedness income (section 108) REMIC Rules Lease modifications (section 475) Unpaid rent and section 166 Safe and healthy workplace tax credit Deductibility of business expenses paid with Paycheck Protection Program loans American Rescue Plan Employee retention tax credit Capital gains tax rate State and local tax deduction 20% deduction for pass-through business income Taxing appreciated capital gains at death

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of