Securing a Strong Retirement Act of 2021

Legislative and regulatory issues affecting retirement including H.R. 5376, Bill to provide for reconciliation pursuant to title II of S. Con. Res. 14, H.R. 2954, Securing a Strong Retirement Act or SECURE 2.0, the Enhancing American Retirement Now (EARN) Act, and H.R. 2617, Consolidated Appropriations Act, 2023.

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

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

Issues related to retirement security, including H.R.2954 - The Securing a Strong Retirement Act / SECURE Act 2.0.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative and regulatory issues affecting retirement including H.R. 5376, Bill to provide for reconciliation pursuant to title II of S. Con. Res. 14, H.R. 2954, Securing a Strong Retirement Act or SECURE 2.0, the Enhancing American Retirement Now (EARN) Act, and H.R. 2617, Consolidated Appropriations Act, 2023.

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

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

Issues related to retirement security, including H.R.2954 - The Securing a Strong Retirement Act / SECURE Act 2.0.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to retirement savings; H.R. 2954 - Securing a Strong Retirement Act of 2021 (117th Congress). Issues related to H.R. 3063 - The Retirement Fairness for Charities and Educational Institutions Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to retirement security, including H.R.2954 - The Securing a Strong Retirement Act / SECURE Act 2.0.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.2954, Securing a Strong Retirement Act of 2021. Provisions related to the use of CIT and Separate Accounts for 403(b) plans (From the 117th Congress)

Client expense: $70,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative and regulatory issues affecting retirement including H.R. 5376, Bill to provide for reconciliation pursuant to title II of S. Con. Res. 14, H.R. 2954, Securing a Strong Retirement Act or SECURE 2.0, the Enhancing American Retirement Now (EARN) Act, and H.R. 2617, Consolidated Appropriations Act, 2023.

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

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

Issues related to retirement savings; H.R. 2954 - Securing a Strong Retirement Act of 2021 (117th Congress). Issues related to H.R. 3063 - The Retirement Fairness for Charities and Educational Institutions Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.2954, Securing a Strong Retirement Act of 2021. Provisions related to the use of CIT and Separate Accounts for 403(b) plans from the 117th Congress SEC Open-End Fund Proposal; requires retirement plans to alter how funds are sold and priced. Proposed rule is incompatible with our business model

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative and regulatory issues affecting retirement including H.R. 5376, Bill to provide for reconciliation pursuant to title II of S. Con. Res. 14, H.R. 2954, Securing a Strong Retirement Act or SECURE 2.0, the Enhancing American Retirement Now (EARN) Act, and H.R. 2617, Consolidated Appropriations Act, 2023.

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

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

Issues related to retirement security, including H.R.2954 - The Securing a Strong Retirement Act / SECURE Act 2.0.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to retirement savings; H.R. 2954 - Securing a Strong Retirement Act of 2021 (117th Congress). Issues related to H.R. 3063 - The Retirement Fairness for Charities and Educational Institutions Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to retirement security, including H.R.2954 - The Securing a Strong Retirement Act / SECURE Act 2.0.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.2954, Securing a Strong Retirement Act of 2021. Provisions related to the use of CIT and Separate Accounts for 403(b) plans from the 117th Congress

Client expense: $80,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1770, Retirement Security and Savings Act (117th Congress). H.R. 2954, Securing a Strong Retirement Act (117th Congress). H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022 (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Proposals to reform 403(b) plan investments. H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022 (117th Congress). H.R. 2954, Securing a Strong Retirement Act (117th Congress). S. 1770, Retirement Security and Savings Act (117th Congress). H.R. 2741, Public Service Retirement Fairness Act (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

ESG Rule/DOL Proxy Rule/DOL HR 2954, "Securing a Strong Retirement Act of 2021" S 5064, "Improving Access to Retirement Savings Act" QPAM Exemption/DOL

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

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

Proposals to reform 403(b) plan investments. S. 1770, Retirement Security and Savings Act (117th Congress). H.R. 2954, Securing a Strong Retirement Act (117th Congress). H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022 (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Proposals related to 403(b) plan investments. S. 1770, Retirement Security and Savings Act (117th Congress). H.R.2741, Public Service Retirement Fairness Act of 2021 (117th Congress). H.R. 2954, Securing a Strong Retirement Act (117th Congress). Technical corrections of H.R. 2617, Consolidated Appropriations Act of 2023, SECURE 2.0 Act of 2022 (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative and regulatory issues affecting retirement including H.R. 5376, Bill to provide for reconciliation pursuant to title II of S. Con. Res. 14, H.R. 2954, Securing a Strong Retirement Act or SECURE 2.0, the Enhancing American Retirement Now (EARN) Act, and H.R. 2617, Consolidated Appropriations Act, 2023.

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

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

Issues related to securities markets Issues related to retirement savings and efiling and qualified small business stock (QSBS) S.1770 Retirment Security and Savings Act H.R. 2954 Securing a Strong Retirement Act of 2021 Enhancing American Retirement Now Act (EARN) H.R. 7090 Eliminating Paperwork for Startups Act

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

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE

Issues related to retirement savings; H.R. 2954 - Securing a Strong Retirement Act of 2021 (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to retirement savings; H.R. 2954 - Securing a Strong Retirement Act of 2021 (117th Congress).

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Support S.1443 and H.R.2917, Retirement Parity for Student Loans Act of 2021. Support H.R.2954 Secure a Strong Retirement Act and S.1770 Retirement Savings and Security to promote the adoption of employer sponsored retirement savings plans and employee participation in such plans. Support S. 4353, RISE & SHINE Act (retirement). Support S. 4808 Enhancing American Retirement Now (EARN) Act.

Client expense: $160,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Work to keep insurance regulated by the states and not by the Consumer Financial Protection Bureau or set by international bodies. Oppose legislation to repeal the McCarran-Ferguson antitrust exemption for the business of insurance. Advocate for privacy measures in line with GLBA and HIPAA as applied to financial services. Support H.R. 8152 American Data Privacy & Protection Act. Support HFSC Ranking Member Patrick McHenry's Data Privacy Discussion Draft. Oppose legislation to provide retroactive pandemic business interruption insurance. Support legislation of e-signatures, e-disclosures, and e-notarizations, including S. 3715 E-Sign Modernization Act. Support H.R.3962 and S.1625, SECURE Notarization Act of 2021. Support H.R. 4350/S. 2792, NDAA for FY 2022 - includes both SAFE Banking and SECURE Notarization Act. Support increased CDFI and MDI funding in President's FY 2023 Budget Proposal and House Appropriations FSSC bill. Support "Build America Bonds" for infrastructure. Support S.1443 and H.R.2917, Retirement Parity for Student Loans Act of 2021. Support H.R.1996/H.R. 7900/S.910 Secure and Fair Enforcement Banking SAFE Act - This bill generally prohibits a federal regulator from penalizing a financial institution for providing services to a legitimate cannabis-related business. Support H.R.2954 Secure a Strong Retirement Act and S.1770 Retirement Savings and Security to promote the adoption of employer sponsored retirement savings plans and employee participation in such plans. Support S. 4353 RISE & SHINE Act (retirement). Support S4808 SFC Enhancing American Retirement Now (EARN) Act Discussion Draft. Support life insurance tax stabilization provision and 2022 Budget Reconciliation to Build Back Better. Support Expanding Financial Access for Underserved Communities Act.

Client expense: $160,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Work to keep insurance regulated by the states and not by the Consumer Financial Protection Bureau or set by international bodies. Oppose legislation to repeal the McCarran-Ferguson antitrust exemption for the business of insurance. Advocate for privacy measures in line with GLBA and HIPAA as applied to financial services. Support H.R. 8152 American Data Privacy & Protection Act. Support HFSC Ranking Member Patrick McHenry's Data Privacy Discussion Draft. Oppose legislation to provide retroactive pandemic business interruption insurance. Support legislation of e-signatures, e-disclosures, and e-notarizations, including S. 3715 E-Sign Modernization Act. Support H.R.3962 and S.1625 SECURE Notarization Act of 2021. Support H.R. 4350/H.R. 7900/S. 2792, NDAA for FY 2022 - includes both SAFE Banking and SECURE Notarization Act. Support increased CDFI and MDI funding in President's FY 2023 Budget Proposal and House Appropriations FSSC Bill. Support "Build America Bonds" for infrastructure. Support S.1443 and H.R.2917, Retirement Parity for Student Loans Act of 2021. Support H.R.1996/S.910 Secure and Fair Enforcement Banking SAFE Act - This bill generally prohibits a federal regulator from penalizing a financial institution for providing services to a legitimate cannabis-related business. Support H.R. 2954 Secure a Strong Retirement Act and S. 1770 Retirement Savings and Security to promote the adoption of employer sponsored retirement savings plans and employee participation in such plans. Support S. 4353 RISE & SHINE Act (retirement). Support S. 4808 SFC Enhancing American Retirement Now (EARN) Act Discussion Draft. Support Expanding Financial Access for Underserved Communities Act. Support life insurance tax stabilization provision and 2022 Budget Reconciliation to Build Back Better. Oppose H.R. 8874/S. 4674 Credit Card Competition Act of 2022.

Client expense: $160,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

IRS Governmental plans compliance; IRS Normal Retirement Age regulations; IRS revenue ruling 2006-43; IRS ANPRM on definition of a governmental plan; funding of governmental plans; general pension plan reform; governmental plan accounting and disclosure; disclosure of state death records; tax deferrals related to pension contributions and earnings;applying the Unrelated Business Income Tax (UBIT) to the investment earnings of state and local government retirement systems; Office of State and Local Finance public pension plan interests; the Public Employee Pension Transparency Act (PEPTA); solvency of Multiemployer Plans deliberations; reform of the windfall elimination provision (WEP); SECURE Act dealing with overall retirement security and implementation of the law; Federal restrictions on institutional investor investment activity; CARES Act stimulus checks and retired public employees not covered by Social Security; restrictions related to public pensions on any Federal aid to states in negotiations on new COVID stimulus legislation; H.R. 2954, retirement security legisltion and issues affecting public pensions; SECURE 2.0.

Client expense: Not reported · Firm income: $55,000

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

IRS Governmental plans compliance; IRS Normal Retirement Age regulations; IRS revenue ruling 2006-43; IRS ANPRM on definition of a governmental plan; funding of governmental plans; general pension plan reform; governmental plan accounting and disclosure; disclosure of state death records; tax deferrals related to pension contributions and earnings;applying the Unrelated Business Income Tax (UBIT) to the investment earnings of state and local government retirement systems; Office of State and Local Finance public pension plan interests; the Public Employee Pension Transparency Act (PEPTA); solvency of Multiemployer Plans deliberations; reform of the windfall elimination provision (WEP); SECURE Act dealing with overall retirement security and implementation of the law; Federal restrictions on institutional investor investment activity; CARES Act stimulus checks and retired public employees not covered by Social Security; restrictions related to public pensions on any Federal aid to states in negotiations on new COVID stimulus legislation; H.R. 2954, retirement security legisltion and issues affecting public pensions; SECURE 2.0.

Client expense: Not reported · Firm income: $55,000

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

IRS Governmental plans compliance; IRS Normal Retirement Age regulations; IRS revenue ruling 2006-43; IRS ANPRM on definition of a governmental plan; funding of governmental plans; general pension plan reform; governmental plan accounting and disclosure; disclosure of state death records; tax deferrals related to pension contributions and earnings;applying the Unrelated Business Income Tax (UBIT) to the investment earnings of state and local government retirement systems; Office of State and Local Finance public pension plan interests; the Public Employee Pension Transparency Act (PEPTA); solvency of Multiemployer Plans deliberations; reform of the windfall elimination provision (WEP); SECURE Act dealing with overall retirement security and implementation of the law; Federal restrictions on institutional investor investment activity; CARES Act stimulus checks and retired public employees not covered by Social Security; restrictions related to public pensions on any Federal aid to states in negotiations on new COVID stimulus legislation; H.R. 2954, retirement security legisltion and issues affecting public pensions; SECURE 2.0.

Client expense: Not reported · Firm income: $55,000

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

IRS Governmental plans compliance; IRS Normal Retirement Age regulations; IRS revenue ruling 2006-43; IRS ANPRM on definition of a governmental plan; funding of governmental plans; general pension plan reform; governmental plan accounting and disclosure; disclosure of state death records; tax deferrals related to pension contributions and earnings;applying the Unrelated Business Income Tax (UBIT) to the investment earnings of state and local government retirement systems; Office of State and Local Finance public pension plan interests; the Public Employee Pension Transparency Act (PEPTA); solvency of Multiemployer Plans deliberations; reform of the windfall elimination provision (WEP); SECURE Act dealing with overall retirement security and implementation of the law; Federal restrictions on institutional investor investment activity; CARES Act stimulus checks and retired public employees not covered by Social Security; restrictions related to public pensions on any Federal aid to states in negotiations on new COVID stimulus legislation; H.R. 2954, retirement security legisltion and issues affecting public pensions; SECURE 2.0.

Client expense: Not reported · Firm income: $55,000

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

General issues related to multiple areas of the tax law and code including: Compendium of tax legislative proposals, including employee benefits, individual income tax, tax administration, partnerships, trust, estate and gift tax, corporations and shareholders, tax methods and periods, and international tax related issues. Tax provisions in Senate Finance Committee reconciliation legislation released on December 11, 2021, tax provisions in House Managers amendment to Rules Committee reconciliation legislation, and tax provisions in House reconciliation legislation (H.R.5376, the Build Back Better Act) including: individual tax provisions, employer-provided dependent care assistance exclusion, temporary rule to allow certain S corporations to reorganize as partnerships tax free, section 174 amortization deferral, international tax provisions, section 199A, section 461(l), section 162(m), employee benefits tax provisions, trust and estate tax provisions, certain losses under section 165(g), limitation on certain special rules for section 1202 gains, modification of procedural requirements relating to assessment of penalties, IRS regulation of paid tax return preparers, financial account reporting to improve tax compliance, IRS funding, structural changes to subchapter K (partnership taxation), corporation alternative minimum tax, and nonqualified deferred compensation, and effective dates. Coronavirus Pandemic (COVID-19), including the American Rescue Plan Act of 2021, P.L. 117-2; Consolidated Appropriations Act, 2021, P.L. 116- 260; The Coronavirus Aid, Relief and Economic Security Act, P. L. 116-136, and the Infrastructure Investment and Jobs Act, P.L. 117-58, specifically the employee retention credit, impact of paycheck protection program (PPP) expense deductibility loan forgiveness on basis of passthrough entities, section 501(c)(6) and PPP loans, COBRA premium tax credit, paid sick and family leave credits, self-employment tax deferral; Individual, corporate and S corporation tax reform implementation and technical correction issues in the Tax Cut and Jobs Act, P.L.115-97, including foreign tax credits, electing small business trusts, qualified business income deduction, SALT cap passthrough entity-level taxes, global intangible low-taxed income, excess business losses, losses on worthless stock, corporate book minimum tax, trust and estate tax issues; Disaster relief, Filing Relief for Natural Disasters Act (H.R. 3574, S. 2748); Claiming Losses After Disasters Act (S. 3173); Disaster Retirement Savings Act (S. 2583); ); and Enhancing American Retirement Now (EARN) Act; Guidance under section 1202 regarding Qualified Small Business Stock; IRS priority guidance plan; E-signature; Tax administration issues, including Taxpayer First Act, Pub. L. No. 116-25; organization of the IRS, third-party relationships office, federal tax return deadline extensions: To extend to May 17 the first scheduled estimated tax payment for 2021, H.R.2437, penalty relief H.R. 5155, IRS services, e-filing issues, quarterly payment deadlines, tax filing season and recommendations to reduce backlog, including suspending automated notices and offering broad penalty relief: Tax Deadline Simplification Act of 2021, H.R.4214; regulation of tax return preparers, Taxpayer Protection and Preparer Proficiency Act, H.R. 4184 (117th) / S. 1192 (116th); financial account reporting requirements; modification of procedural requirements to assess penalties. Trust and estate issues, including foreign trusts filing penalties and withholding credit for U.S. beneficiaries of a foreign trust, estate closing letters, gift tax form and instructions improvements, grantor letters, valuation discounts, grantor trusts, estates, and surcharge on trusts and estates; Mobile workforce and state income tax simplification issues, Remote and Mobile Worker Relief Act of 2021 (S. 1274), Mobile Workforce State Income Tax Simplification Act of 2021 (H.R. 429), Multi-state Worker Tax Fairness Act of 2021 (S. 1887); State remote sales tax (Wayfair) issues; Methods and periods issues, including UNICAP, method changes, revenue recognition, deferral of live event advance payments, section 473 relief including the Supply Chain Disruptions Relief Act (H.R. 7382, S. 4105), timing of income, section 174 amortization, research credit refund claims, and small business issues; Corporate taxation issues, inclusive of section 382(h) related to built-in gain and loss; Partnership taxation issues; S corporation taxation issues; Employee benefits tax issues, including the Securing a Strong Retirement Act of 2021 (H.R. 2954) and the Retirement Security and Savings Act (S. 1770), fringe benefits, remote workers, section 414(m) controlled and affiliated groups, required minimum distributions; Exempt organization issues, including group rulings, the Form 990 series, the Business Master File (BMF) and e-filing initiatives; Executive compensation tax issues, including nonqualified deferred compensation; Virtual currency; International issues, including proposed international form changes (Schedules K-2 and K-3); transition tax installments, net operating loss carryback relief under the CARES Act (P. L. 116-136), OECD/digital economy, foreign tax credits, previously taxed earnings and profits, Passive Foreign Investment Companies (PFICs), foreign information reporting and section 254A.

Client expense: $1,300,000 · Firm income: Not reported

Government targets: Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

General issues related to multiple areas of the tax law and code including: Compendium of tax legislative proposals, including employee benefits, individual income tax, tax administration, partnerships, trust, estate and gift tax, corporations and shareholders, tax methods and periods, and international tax related issues. Tax provisions in Senate Finance Committee reconciliation legislation released on December 11, 2021, tax provisions in House Managers amendment to Rules Committee reconciliation legislation, and tax provisions in House reconciliation legislation (H.R.5376, the Build Back Better Act) including: individual tax provisions, employer-provided dependent care assistance exclusion, temporary rule to allow certain S corporations to reorganize as partnerships tax free, section 174 amortization deferral, international tax provisions, section 199A, section 461(l), section 162(m), employee benefits tax provisions, trust and estate tax provisions, certain losses under section 165(g), limitation on certain special rules for section 1202 gains, modification of procedural requirements relating to assessment of penalties, IRS regulation of paid tax return preparers, financial account reporting to improve tax compliance, IRS funding, structural changes to subchapter K (partnership taxation), corporation alternative minimum tax, and nonqualified deferred compensation, and effective dates. Coronavirus Pandemic (COVID-19), including the American Rescue Plan Act of 2021, P.L. 117-2; Consolidated Appropriations Act, 2021, P.L. 116- 260; The Coronavirus Aid, Relief and Economic Security Act, P. L. 116-136, and the Infrastructure Investment and Jobs Act, P.L. 117-58, specifically the employee retention credit, impact of paycheck protection program (PPP) expense deductibility loan forgiveness on basis of passthrough entities, section 501(c)(6) and PPP loans, COBRA premium tax credit, paid sick and family leave credits, self-employment tax deferral; Individual, corporate and S corporation tax reform implementation and technical correction issues in the Tax Cut and Jobs Act, P.L.115-97, including foreign tax credits, electing small business trusts, qualified business income deduction, SALT cap passthrough entity-level taxes, global intangible low-taxed income, excess business losses, losses on worthless stock, corporate book minimum tax, trust and estate tax issues; Disaster relief, Filing Relief for Natural Disasters Act (H.R. 3574, S. 2748); Claiming Losses After Disasters Act (S. 3173); Disaster Retirement Savings Act (S. 2583); Guidance under section 1202 regarding Qualified Small Business Stock; E-signature; Tax administration issues, including Taxpayer First Act, Pub. L. No. 116-25; organization of the IRS, third-party relationships office, federal tax return deadline extensions: To extend to May 17 the first scheduled estimated tax payment for 2021, H.R.2437, penalty relief H.R. 5155, IRS services, e-filing issues, quarterly payment deadlines, tax filing season and recommendations to reduce backlog, including suspending automated notices and offering broad penalty relief: Tax Deadline Simplification Act of 2021, H.R.4214; regulation of tax return preparers, Taxpayer Protection and Preparer Proficiency Act, H.R. 4184 (117th) / S. 1192 (116th); financial account reporting requirements; modification of procedural requirements to assess penalties. Trust and estate issues, including foreign trusts filing penalties and withholding credit for U.S. beneficiaries of a foreign trust, estate closing letters, gift tax form and instructions improvements, grantor letters, valuation discounts, grantor trusts, estates, and surcharge on trusts and estates; Mobile workforce and state income tax simplification issues, Remote and Mobile Worker Relief Act of 2021 (S. 1274), Mobile Workforce State Income Tax Simplification Act of 2021 (H.R. 429), Multi-state Worker Tax Fairness Act of 2021 (S. 1887); Methods and periods issues, including UNICAP, method changes, revenue recognition, deferral of live event advance payments, section 473 relief, timing of income, section 174 amortization, research credit refund claims, and small business issues; Corporate taxation issues, inclusive of section 382(h) related to built-in gain and loss; Partnership taxation issues; S corporation taxation issues; Employee benefits tax issues, including the Securing a Strong Retirement Act of 2021 (H.R. 2954) and the Retirement Security and Savings Act (S. 1770), fringe benefits, remote workers; Exempt organization issues, including group rulings; Executive compensation tax issues, including nonqualified deferred compensation; Virtual currency; International issues, including proposed international form changes (Schedules K-2 and K-3); transition tax installments, net operating loss carryback relief under the CARES Act (P. L. 116-136), OECD/digital economy, foreign tax credits, previously taxed earnings and profits, and section 254A.

Client expense: $1,310,000 · Firm income: Not reported

Government targets: Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Financial Institutions/Investments/SEC (Matthew Sifert, Michael Kelley, Michele Stockwell) House and Senate Issues/Topics Child Tax Credit Workplace Investment Opportunity Act Social security solvency Small business procurement reform Small business access to capital SBIR/STTR reauthorization SBA reauthorization Retirement earnings test Social Security reform  Bills H.R.2954, the Securing A Strong Retirement Act S. 2601, the Strengthening Financial Security Through Short-Term Savings Accounts Act S. 2602, the Retirement Security Flexibility Act H.R. 6393, the Responsible Budgeting Act H.R. S. 2690, the Expanding Access to Credit for Small Businesses Act H.R. 652/S. 3109, the RAMP for Innovators Act

Client expense: $630,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 4330, Specialty Physicians Advancing Rural Care (SPARC) Act, all provisions H.R. 2954, Securing a Strong Retirement (SECURE 2.0) Act of 2022, all provisions H.R. 2917, Retirement Parity for Student Loans Act of 2021, all provisions S. 1443, Retirement Parity for Student Loans Act, all provisions H.R. 5602, Bolstering Infectious Outbreaks (BIO) Preparedness Workforce Act of 2021, all provisions S. 3244, Bolstering Infectious Outbreaks (BIO) Preparedness Workforce Act of 2021, all provisions H.R. 4122, Resident Education Deferred Interest (REDI) Act, all provisions S. 3685, Resident Education Deferred Interest (REDI) Act, all provisions S. 924, Rural America Health Corps Act, all provisions H.R. 4521, America COMPETES Act of 2022, provisions relating to Doctoral STEM Programs H.R. 944, To amend the Public Health Service Act to authorize a loan repayment program to encourage specialty medicine physicians to serve in rural communities experiencing a shortage of specialty medicine physicians, and for other purposes, all provisions H. Res. 784, Expressing the sense of the House of Representatives that the United States recognizes the mounting personal and financial burden of diet-related disease in the United States and calls on medical schools, graduate medical education programs, and other health professional training programs to provide meaningful physician and health professional education on nutrition and diet, all provisions H.R. 6397, Medical Student Education Authorization Act of 2022, all provisions S. 3497, Medical Student Education Authorization Act of 2022, all provisions H.R. 7383, Improving Access to Health Care in Rural and Underserved Areas Act, all provisions S. 201, Improving Access to Health Care in Rural and Underserved Areas Act, all provisions H.R. 7539, Indian Health Service Health Professions Tax Fairness Act of 2022, provisions relating to student loan repayment S. 2874, Indian Health Service Health Professions Tax Fairness Act of 2021, provisions relating to student loan repayment Enhancing American Retirement Now (EARN) Act, provisions relating to student loan repayment Frontline workers/student loan forgiveness Student Loan Forgiveness Foreign Medical School Accountability Act draft Osteopathic residency program discrimination

Client expense: $4,550,000 · Firm income: Not reported

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

H.R. 2954--Securing a Strong Retirement Act of 2022--Limiting cessation of IRA treatment to portion of account involved in a prohibited transaction H.R. 7090--Eliminating Paperwork for Startups Act--IRC section 83(b) H.R. 5376--Inflation Reduction Act--IRC section 1202: Qualified Small Business Stock treatment; Retirement investment in private assets 2022-2023 Priority Guidance Plan (Notice 2022-21)--IRC section 83(b) Election to include in gross income in year of transfer; section 422 Incentive stock options; section 173 Amort. of research and experimental expenditures; and Notice 2014-21 Taxation of virtual currency transactions

Client expense: $150,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE

S. 269 Work Opportunity Tax Credit & Jobs Act; S. 537/H.R. 1944 Healthy Workplaces Act; Public Law 117-2 American Rescue Plan; IRS Notice 2021-20 Guidance on the Employee Retention Credit under the CARES Act; Overhauling International Taxation Framework (Senators Wyden, Brown &; Warner); The Made In America Tax Plan (Treasury Department); S. 1770 Retirement Security & Savings Act; H.R. 3449 HIRE Act of 2021 (WOTC Expansion); General Explanation of the Administrations Fiscal Year 2022 Revenue Proposals (Greenbook); Build Back Better Act; Real Corporate Profits Tax Act of 2021; Corporate Profits Minimum Tax; SECURE 2.0 (Securing a Strong Retirement Act (H.R. 2954); South Dakota v. Wayfair; Inflation Reduction Act

Client expense: $720,000 · Firm income: Not reported

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

Department of Labor proposed rule on the definition term "fiduciary": (RIN: 1210-AC02) H.R. 2954, Securing a Strong Retirement Act of 2022 S. 1770, Retirement Security and Savings Act of 2021 S. 4808, EARN Act S. 4353, RISE & SHINE Act P.L. 117-328, Consolidated Appropriations Act of 2023, Division T, SECURE 2.0 Act of 2023

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 618/H.R. 1704 - Universal Giving Pandemic Response and Recovery Act - raises the $300/$600 cap on the temporary universal charitable deduction to roughly $4,000 for individuals/$8,000 for couples, and extends the availability of the deduction to the 2022 tax year and eliminates the current exclusion of gifts to donor-advised funds. H.R. 1081 - Charitable Giving Tax Deduction Act - expands the charitable deduction to non-itemizing taxpayers. S. 243 - Legacy IRA Act - expands the current IRA charitable rollover provision currently in law. H.R. 2954 - Securing a Strong Retirement Act - provisions expanding current IRA charitable rollover to apply to one-time gift to split-interest entities. H.R. 2617 - Consolidated Appropriations Act - urged Congress to include restoration and expansion of charitable deduction for non-itemizers in year-end bill. Also supported provision expanding current IRA charitable rollover to apply to one-time gift to split-interest entities.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues/Topics Child Tax Credit Earned Income Tax Credit Workplace Investment Opportunity Act Social Security solvency Social Security claiming Small business procurement reform Small business access to capital SBIR/STTR reauthorization SBA 7(a) program SBA reauthorization SBA SBIC program SBA entrepreneurial development programs SBA SBLC moratorium Retirement earnings test Small business competitiveness Small business child care Supply chain resilience Emergency savings Workplace retirement savings Corporate governance Cryptocurrency Bills H.R. 2954, the Securing a Strong Retirement Act S. 2601, the Strengthening Financial Security Through Short-Term Savings Accounts Act S. 2602, the Retirement Security Flexibility Act H.R. 6217 / S. 2690, the Expanding Access to Credit for Small Businesses Act H.R. 652 / S. 3109, the RAMP for Innovators Act S. 3896, the Empowering Women in Small Business Act H.R. 6347, the Military Spouse Entrepreneurship Act S. 4353, the RISE & Shine Act H.R. 7687 / S. 384, the 21st Century Entrepreneurship Act S. 4310, the Emergency Savings Act H.R. 4346, the CHIPS and Science Act S. 4808, the EARN Act S. 4900, the SBIR and STTR Extension Act

Client expense: $960,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S.243- Legacy IRA Act - support passage H.R.1219/S.331- ABLE Age Adjustment Act- increases age threshold for tax-favored ABLE accounts- support passage S.1670/H.R.3321- Credit for Caring Act, support passage S.2481 - Disabled Access Credit Expansion Act of 2021, support passage H.R. 2954- Securing a Strong Retirement Act of 2021 (SECURE Act), support passage Enhancing American Retirement Now Act (bill number forthcoming, Senate Finance retirement package), support passage H.R. 5376- Inflation Reduction Act- support tax provisions and extensions included.

Client expense: $42,877 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Support H.R. 304/S.4221, the Equal COLA Act, to Federal Employees Retirement System Employees (FERS) retirees with the same annual cost-of-living adjustment to their annuity (as a percentage of the annuity) as is provided to Civil Service Retirement System (CSRS) retirees. Support H.R. 82/S. 1302, the Social Security Fairness Act, which would repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO). Support H.R. 2337, the Public Servants Protection and Fairness Act, which would reform the WEP by providing financial relief for current retirees, and provide a new, alternative calculation for future retirees. Support H.R. 4315, the Fair COLA for Seniors Act, to calculate cost-of-living adjustments to federal annuities, Social Security benefits and military retirement annuities based on the CPI-E, a price index measuring consumer spending habits of those age 62 and older. Oppose amendments to the Endless Frontiers Act that would restrict the ability of the Federal Retirement Thrift Investment Board to make decisions as fiduciaries in the best interests of plan participants. Support H.R. 4268, the Federal Retirement Fairness Act, which would allow federal employees who started their careers in temporary positions before transitioning into permanent roles to contribute towards their retirement for the years they held a temporary position. Support H.R. 4788, the Wellbeing for Every Public Servant Act of 2021, to eliminate the windfall elimination provision (WEP) for individuals with a combined monthly benefit (Social Security benefit plus public sector pension) of $5,000 or less. Support H.R. 5723, Social Security 2011: A Sacred Trust, which would expand Social Security benefits, improve the solvency of the Social Security Trust fund, repeal the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), and provide for numerous other changes to Social Security. Support H.R. 5834, the Equal Treatment of Public Servants Act of 2021, which would reform the Windfall Elimination Provision (WEP) by providing a monthly payment of $100 to current WEP-affected beneficiaries (age 62 or older before 2023) and $50 for an affected spouse or child. Creates a new formula to calculate benefits for future WEP-affected individuals (turning 62 in or after 2023). Support H.R. 2954, the Securing a Strong Retirement Act, due to provisions to increase the age for required minimum distributions and increase the catch-up contribution limit. Support mutual fund window proposed rule by the Federal Retirement Thrift Investment Board (FRTIB).

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

Government targets: Federal Retirement Thrift Investment Board, HOUSE OF REPRESENTATIVES, SENATE

The Employee Retention Tax Credit Reinstatement Act (H.R. 6161) Universal Giving Pandemic Response and Recovery Act (S. 618/H.R. 1704) WORK NOW Act (S. 740) To amend the Internal Revenue Code of 1986 to allow a one-time election for a qualified charitable distribution to a split-interest entity and to inflation adjust the limits for qualified charitable distributions (H.R. 2909) Enhancing American Retirement Now Act (S. 4808), provisions related to the Legacy IRA Act Securing a Strong Retirement Act of 2022 (H.R. 2954), provisions related to the Legacy IRA Act

Client expense: $90,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

The Employee Retention Tax Credit Reinstatement Act (H.R. 6161) Enhancing American Retirement Now Act (H.R. 2954/Senate no bill number) provisions related to the Legacy IRA Act Universal Giving Pandemic Response and Recovery Act (S. 618/HR 1704) WORK NOW Act (S. 740) To amend the Internal Revenue Code of 1986 to allow a one-time election for a qualified charitable distribution to a split-interest entity and to inflation adjust the limits for qualified charitable distributions (H.R. 2909)

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office