A bill to amend the Internal Revenue Code of 1986 to allow the Secretary of the Treasury to waive the penalties for failure to disclose reportable transactions, and for other purposes.

S3121: CLOSING THE FOREIGN LOBBYING LOOPHOLE ACT; ALL ASPECTS OF THE BILL

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

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Treasury, Dept of, White House Office

Follow Federal legislation amending portions of tax code impacting utilities; HR 6899 Energy Tax Incentives of 2008; HR 7327 Worker, Retiree and Employer Recovery Act of 2008; S 3335 Jobs, Energy, Families and Disaster Relief Act of 2008; S 3121 Energy Independence and Tax Relief Act of 2008.

Client expense: Not reported · Firm income: $12,500

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

H.R. 1338, the Paycheck Fairness Act-opposition to making it easier to sue employers and file class action lawsuits H.R. 1424 Emergency Economic Stabilization Act of 2008 the bill contained the economic stabilization act, the Alternative Minimum Tax one-year patch, and the business tax extenders bill NFIB supportive H.R. 3221, Housing and Economic Recovery Act of 2008, this bill contained a revenue raiser to require merchant card companies to report to the IRS the amount that businesses collect in credit card income. NFIB opposed this provision but worked to make it less burdensome. HR 6049, Tax Extenders and Alternative Minimum Tax Act, second version of the AMT tax fix NFIB supportive H.R. 6126, the Fairness in Nursing Home Arbitration Act of 2008-supporting pre-disputed arbitration agreements H.R. 6113, the Paperwork Assistance Act-supporting contact telephone number in all government paperwork H.R. 6487, the Diesel Tax Parity Act -supporting reducing the federal diesel tax H.R. 6275, the Alternative Minimum Tax Relief Act, concerns on new taxes for small businesses S. 3268, the Stop Excessive Energy Speculation Act of 2008- supporting increases offshore and onshore domestic production of oil and natural gas S. 1693, the Wired for Health Care Quality Act- supporting health information technology S. 2886 the Tax Extenders and Alternative Minimum Tax Act of 2008-supporting the 1 year AMT patch and 15 year depreciation S. 3121, a bill that would provide relief to small businesses for failure to report certain transactions to the IRS - NFIB supportive S. 3335, Jobs, Energy, Families, and Disaster Relief Act, one version of the Alternative Minimum tax fix NFIB supportive S. 3371, a bill that creates an optional standard home-office deduction and provides clarity to the rules making it easier for businesses to claim the deduction NFIB supportive

Client expense: $1,005,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Centers For Medicare and Medicaid Services (CMS), Energy, Dept of, Executive Office of the President (EOP), Federal Communications Commission (FCC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), Social Security Administration (SSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Postal Service (USPS)