Net Operating Loss (NOL) Carryback Act

HR 1265, HR 2452, HR 3424, HR 4853, HR 4951, S 506, S 823

Client expense: $810,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

Lobbying Congress on proposals related to both corporate and product taxation. Specifically, proposals regarding: life/non-life consolidated returns; Capital loss rule temporary relief; STOLI; Benefits of current tax treatment for life insurance and retirement product. Obama Administration's Green Book proposals on COLI and SA DRD (not yet in legislative form) S.Con Res. 13 - An original concurrent resolution setting forth trhe congressional budget for the United States Government for fiscal year 2010, revising the appropriate budgetary levels for fiscal year 2009, and setting forth the appropriate budgetary levels for fiscal years 2011 through 2014 S 823 - "Net Operating Loss Carryback Act" - A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 2452 - "Net Operating Loss Carryback Act" - To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 3669 - "Employer-Owned Life Insurance Limitation Act" - To prohibit employers from carrying life insurance policies on their rank and file employees HR 3590 - "Patient Protection and Affordable Care Act" - Would reform the health care system and includes prevention and wellness provisions, medicare reforms, individual and employer requirements, and excise tax on high cost plans HR 4872 - "The Health Care and Education Affordability Reconciliation Act of 2010" - would amend HR 3590, reform the health care system, includes changes to the excise tax, medicare payroll tax and economic substance doctrine S 1297 - "Retirement Security for Life Act of 2009 - A bill to amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments HR 2748 - "Retirement Security Needs Lifetime Pay Act" - contains three provisions to encourage retirees to receive some of their retirement savings in the form of guaranteed lifetime income payments S 3141 - "Low Income Housing Tax Credit Recovery Act of 2010" - Provides low income housing tax credits HR 4173 - "Dodd Frank Wall Street Reform and Consumer Protection Act" - overhauls regulation of financial markets HR 5297 - "Small Business Jobs aand Credit Act" - partial annuitizations; creates Roth 457 plans, allows for Roth in-plan conversions

Client expense: $860,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office

H.R.251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: estate tax as it effects life insurance. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R.4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R.4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R.4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies H.R.4853 - Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Lame Duck Tax Bill) Issue: revenue offsets H.R.5893 - Title: Investing in American Jobs and Closing Tax Loopholes Act of 2010 Issue: revenue offsets H.R.5982 - Title: Small Business Tax Relief Act of 2010 Issue: revenue offsets H.R.6128/S.3786 - Title: Fair Playing Field Act of 2010 Issue: Independent contractors. S.156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: taxation as it effects life insurance. S.722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: taxation as it effects life insurance. S.823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation as it effects life insurance. S.1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.3664 - Title: Family Farm Estate Tax Deferral Act of 2010 Issue: estate tax as it effects life insurance. H.R.6538 : Permanent Tax Relief Act Issue: estate tax as it effects life insurance. S.2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. S.3795 - Title: TAX GAP Act of 2010 Issue: taxation of life insurance companies. Financial Crisis Responsibility Fee/Bank Tax (not introduced) - To assess a fee or tax on financial services companies to repay TARP or other purposes. Issue: taxation of life insurance companies. TRACKING H.R.96 - Title: To amend the Internal Revenue Code of 1986 to increase the maximum reduction in estate tax value for farmland and other special use property, to restore and increase the estate tax deduction for family-owned business interests, and for other purposes. Issue: estate tax as it effects life insurance. H.R.99 - Title: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: estate tax as it effects life insurance. H.R.173 - Title: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: estate tax as it effects life insurance. H.R.205 - Title: To repeal the Federal estate and gift taxes. Issue: estate tax as it effects life insurance. H.R.436 - Title: To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Issue: estate tax as it effects life insurance. H.R.533 - Title: To make full estate tax repeal, small business expensing, and SECA tax deduction for health insurance permanent. Issue: estate tax as it effects life insurance. H.R.1960 - Title: To make the repeal of the estate tax permanent. Issue: estate tax as it effects life insurance. H.R.1986 - Title: To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax, increase the estate tax unified credit to an exclusion equivalent of $4,000,000, reduce the maximum estate tax rate to 40 percent, and for other purposes. Issue: estate tax as it effects life insurance. H.R.2023 - Title: To amend the Internal Revenue Code of 1986 to reform the estate and gift tax. Issue: estate tax as it effects life insurance. H.R.2658 - Title: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes. Issue: estate tax as it effects life insurance. H.R.5764 - Title: Responsible Estate Tax Act Issue: estate tax as it effects life insurance. H.R.6415 : Title: Tax Relief Certainty Act Issue: estate tax as it effects life insurance. H.R.6522 : End Tax Uncertainty Act Issue: estate tax as it effects life insurance. No bill number - Restoring American Financial Stability Act of 2010 (Title XVI). Issue: derivatives tax.

Client expense: $1,631,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

See attachment. TAX Fourth Quarter Report 2010 H.R. 251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R. 768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R. 2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. H.R. 3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. H.R. 3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R. 4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R. 4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R. 4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies H.R. 4853 - Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Lame Duck Tax Bill) Issue: revenue offsets H.R. 5893 - Title: Investing in American Jobs and Closing Tax Loopholes Act of 2010 Issue: revenue offsets H.R. 5982 - Title: Small Business Tax Relief Act of 2010 Issue: revenue offsets H.R. 6128/S.3786 - Title: Fair Playing Field Act of 2010 Issue: Independent contractors. S. 156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: taxation as it effects life insurance. S. 722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: taxation as it effects life insurance. S. 823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation as it effects life insurance. S. 1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. S. 3795 - Title: TAX GAP Act of 2010 Issue: taxation of life insurance companies. Financial Crisis Responsibility Fee/Bank Tax (not introduced) - To assess a fee or tax on financial services companies to repay TARP or other purposes. Issue: taxation of life insurance companies. No bill number - Restoring American Financial Stability Act of 2010 (Title XVI). Issue: derivatives tax.

Client expense: $760,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2452 Net Operating Loss Carryback Act of 2009 HR 2847 Tax Extenders Hiring Incentives Act HR 2910 S Corp. Mordernization Act of 2009 HR 3614 Small Business Investment Act Extension HR 4213 Expiring Tax Provisions; Tax Extenders S. 823 Net Operating Loss Carryback Act of 2009 S. 996 S Corp. Mordernization Act of 2009 Estate Taxes Financial Crisis Responsibility Fee IRS Form 1099 Reporting Requirements

Client expense: $880,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

Legislative and regulatory tax issues dealing with investment savings and investment savings vehicles, donor advised funds, tax compliance and reporting, and general corporate items during the 111th session of Congress. -H.R. 4337, The Regulated Investment Company Modernization Act of 2009 - Administration's Fiscal Year 2011 Revenue Proposals - H.R. 5486, the Small Business Jobs Tax Relief Act of 2010 -H.R. 5297, the Small Business Lending Fund Act of 2010 -H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010 -S. 3793, the Job Creation and Tax Cuts Act - H.R. 1935: A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services - H.R. 1944: A bill to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income - S. 823, H.R. 2452, The "Net Operating Loss (NOL) Carryback Act. - S. 3777 & S.3783, Information Reporting Modernization Act of 2010

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.251: LIFE INSURANCE EMPLOYEE NOTIFICATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 768: COMMISSION ON FINANCIAL CRISIS ACCOUNTABILIY ACT OF 2009; PROVISIONS RELATED TO TAX IMPLICATIONS ON LIFE INSURANCE H.R.2452/S. 823: NET OPERATING LOSS (NOL) CARRYBACK ACT; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE H.R.3399: TO AMEND THE INTERNAL REVENUE CODE OF 1986 TO PERMIT THE CONSOLIDATION OF LIFE INSURANCE COMPANIES WITH OTHER COMPANIES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 3408/S. 2882: TAXPAYER REPONSIBILITY, ACCOUNTABILITY, AND CONSISTENCY ACT OF 2009; PROVISIONS RELATED TO CLASSIFICATION OF INDEPENDENT CONTRACTORS AS EMPLOYEES H.R.3669: EMPLOYER-OWNED LIFE INSURANCE LIMITATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 4013: TO AMEND THE INTERNAL REVANUE CODE OF 1986 TO ALLOW A 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4173: DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT (FKA: RESTORING AMERICAN FINANCIAL STABILITY ACT OF 2010); ALL PROVISIONS OF THE BILL H.R.: 4191: LET WALL STREET PAY FOR THE RESTORATION OF MAIN STREET ACT OF 2009; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4412: WALL STREET BONUS TAX ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 156: SMALL BUSINESS STIMULUS ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 722: TAXPAYER CERTAINTY AND RELIEF ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 823: NET OPERATING LOSS (NOL) CARRYBACK ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE S. 1835/S. 1937: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 2927: WALL STREET FAIR SHARE ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES BILL NOT YET INTRODUCED: FINANCIAL CRISIS RESPONSIBILITY FEE; PROVISIONS RELATED TO THE FEES OR TAXES ON FINANCIAL SERVICES COMPANIES TO REPAY TARP

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Legislative and regulatory tax issues dealing with investment savings and investment savings vehicles, donor advised funds, tax compliance and reporting, and general corporate items during the 111th session of Congress. -H.R. 4337, The Regulated Investment Company Modernization Act of 2009 - Administration's Fiscal Year 2011 Revenue Proposals - H.R. 5486, the Small Business Jobs Tax Relief Act of 2010 -H.R. 5297, the Small Business Lending Fund Act of 2010 -H.R. 4213, the American Jobs and Closing Tax Loopholes Act of 2010 -S. 3793, the Job Creation and Tax Cuts Act - H.R. 1935: A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services - H.R. 1944: A bill to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income - S. 823, H.R. 2452, The "Net Operating Loss (NOL) Carryback Act. - S. 3777 & S.3783, Information Reporting Modernization Act of 2010

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.2452/S.823, Net Operating Loss (NOL) Carryback Act H.R.5982, Small Business Tax Relief Act of 2010 S.156, Small Business Stimulus Act of 2009 S.1937, A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes S.3795, TAX GAP Act of 2010

Client expense: $580,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1265, HR 2452, HR 3424, S 506, S 823

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

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

See attachment. TAX Third Quarter Report 2010 H.R.251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R.4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R.4173 - Title: Restoring American Financial Stability Act of 2010 (Title XVI) H.R.4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R.4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies H.R.5893 - Title: Investing in American Jobs and Closing Tax Loopholes Act of 2010 Issue: revenue offsets H.R.5982 - Title: Small Business Tax Relief Act of 2010 Issue: revenue offsets H.R.6128/S.3786 - Title: Fair Playing Field Act of 2010 Issue: Independent contractors. S.156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: taxation of life insurance companies. S.722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: tax changes may affect life insurance. S.823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation as it effects life insurance companies. S.1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. S.3795 - Title: TAX GAP Act of 2010 Issue: taxation of life insurance companies. Financial Crisis Responsibility Fee/Bank Tax (not introduced) - To assess a fee or tax on financial services companies to repay TARP or other purposes. Issue: taxation of life insurance companies.

Client expense: $830,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbying Congress on proposals related to both corporate and product taxation. Specifically, proposals regarding: life/non-life consolidated returns; Capital loss rule temporary relief; STOLI; Benefits of current tax treatment for life insurance and retirement product. Obama Administration's Green Book proposals on COLI and SA DRD (not yet in legislative form) S.Con Res. 13 - An original concurrent resolution setting forth trhe congressional budget for the United States Government for fiscal year 2010, revising the appropriate budgetary levels for fiscal year 2009, and setting forth the appropriate budgetary levels for fiscal years 2011 through 2014 S 823 - "Net Operating Loss Carryback Act" - A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 2452 - "Net Operating Loss Carryback Act" - To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 3669 - "Employer-Owned Life Insurance Limitation Act" - To prohibit employers from carrying life insurance policies on their rank and file employees HR 3590 - "Patient Protection and Affordable Care Act" - Would reform the health care system and includes prevention and wellness provisions, medicare reforms, individual and employer requirements, and excise tax on high cost plans HR 4872 - "The Health Care and Education Affordability Reconciliation Act of 2010" - would amend HR 3590, reform the health care system, includes changes to the excise tax, medicare payroll tax and economic substance doctrine S 1297 - "Retirement Security for Life Act of 2009 - A bill to amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments HR 2748 - "Retirement Security Needs Lifetime Pay Act" - contains three provisions to encourage retirees to receive some of their retirement savings in the form of guaranteed lifetime income payments S 3141 - "Low Income Housing Tax Credit Recovery Act of 2010" - Provides low income housing tax credits HR 4173 - "Dodd Frank Wall Street Reform and Consumer Protection Act" - overhauls regulation of financial markets HR 5297 - "Small Business Jobs aand Credit Act" - partial annuitizations; creates Roth 457 plans, allows for Roth in-plan conversions

Client expense: $760,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office

S 253 - Fix Housing First Homebuyer Tax Credit; S 823 - Net Operating Loss Carryback Act; Obama Administration Budget, provisions relating to increasing taxes on US companies competing for business in international markets; HR 1265 - Stop Tax Haven Abuse Act; S 506 - Stop Tax Haven Abuse; Proposed increase of the Harbor Maintenance Tax; Proposed Research and Development Tax Credit. Separate return limitation year rules to net operating loss proposal HR 5297- The Small Business Jobs and Credit Act of 2010, HR 4849 - The Small Business and Infrastructure Jobs Tax Act of 2010, S 3513 - The Bonus Depreciation Extension to Create Jobs Act, HR 4213 - The American Jobs and Closing Tax Loopholes Act of 2010

Client expense: $130,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), U.S. Trade Representative (USTR)

H.R.768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: estate tax as it effects life insurance. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R.4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R.4173 - Title: Restoring American Financial Stability Act of 2010 (Title XVI) H.R.4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R.4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies H.R.5893 - Title: Investing in American Jobs and Closing Tax Loopholes Act of 2010 Issue: revenue offsets H.R.5982 - Title: Small Business Tax Relief Act of 2010 Issue: revenue offsets H.R.6128/S.3786 - Title: Fair Playing Field Act of 2010 Issue: Independent contractors. S.156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: taxation as it effects life insurance. S.722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: taxation as it effects life insurance. S.823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation as it effects life insurance. S.1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. S.3795 - Title: TAX GAP Act of 2010 Issue: taxation of life insurance companies. Financial Crisis Responsibility Fee/Bank Tax (not introduced) - To assess a fee or tax on financial services companies to repay TARP or other purposes. Issue: taxation of life insurance companies. TRACKING H.R.96 - Title: To amend the Internal Revenue Code of 1986 to increase the maximum reduction in estate tax value for farmland and other special use property, to restore and increase the estate tax deduction for family-owned business interests, and for other purposes. Issue: estate tax as it effects life insurance. H.R.99 - Title: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: estate tax as it effects life insurance. H.R.173 - Title: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: estate tax as it effects life insurance. H.R.205 - Title: To repeal the Federal estate and gift taxes. Issue: estate tax as it effects life insurance. H.R.436 - Title: To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Issue: estate tax as it effects life insurance. H.R.533 - Title: To make full estate tax repeal, small business expensing, and SECA tax deduction for health insurance permanent. Issue: estate tax as it effects life insurance. H.R.1960 - Title: To make the repeal of the estate tax permanent. Issue: estate tax as it effects life insurance. H.R.1986 - Title: To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax, increase the estate tax unified credit to an exclusion equivalent of $4,000,000, reduce the maximum estate tax rate to 40 percent, and for other purposes. Issue: estate tax as it effects life insurance. H.R.2023 - Title: To amend the Internal Revenue Code of 1986 to reform the estate and gift tax. Issue: estate tax as it effects life insurance. H.R.2658 - Title: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes. Issue: estate tax as it effects life insurance. H.R.5764 - Title: Responsible Estate Tax Act Issue: estate tax as it effects life insurance. S.3664 - Title: Family Farm Estate Tax Deferral Act of 2010 Issue: estate tax as it effects life insurance.

Client expense: $1,664,721 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Lobbying Congress on proposals related to both corporate and product taxation. Specifically, proposals regarding: life/non-life consolidated returns; Capital loss rule temporary relief; STOLI; Benefits of current tax treatment for life insurance and retirement product. Obama Administration's Green Book proposals on COLI and SA DRD (not yet in legislative form) S.Con Res. 13 - An original concurrent resolution setting forth trhe congressional budget for the United States Government for fiscal year 2010, revising the appropriate budgetary levels for fiscal year 2009, and setting forth the appropriate budgetary levels for fiscal years 2011 through 2014 S 823 - "Net Operating Loss Carryback Act" - A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 2452 - "Net Operating Loss Carryback Act" - To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 3669 - "Employer-Owned Life Insurance Limitation Act" - To prohibit employers from carrying life insurance policies on their rank and file employees HR 3590 - "Patient Protection and Affordable Care Act" - Would reform the health care system and includes prevention and wellness provisions, medicare reforms, individual and employer requirements, and excise tax on high cost plans HR 4872 - "The Health Care and Education Affordability Reconciliation Act of 2010" - would amend HR 3590, reform the health care system, includes changes to the excise tax, medicare payroll tax and economic substance doctrine S 1297 - "Retirement Security for Life Act of 2009 - A bill to amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments HR 2748 - "Retirement Security Needs Lifetime Pay Act" - contains three provisions to encourage retirees to receive some of their retirement savings in the form of guaranteed lifetime income payments S 3141 - "Low Income Housing Tax Credit Recovery Act of 2010" - Provides low income housing tax credits HR 4173 - "Restoring American Financial Stability Act of 2010" - Tax treatment of Swaps HR 5297 - "Small Business Lending Act of 2010" - Creates Roth 457 plans, allows for Roth in-plan conversions

Client expense: $890,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office

HR 1265, HR 2452, HR 3424, S 506, S 823

Client expense: $1,490,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R.251: LIFE INSURANCE EMPLOYEE NOTIFICATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 768: COMMISSION ON FINANCIAL CRISIS ACCOUNTABILIY ACT OF 2009; PROVISIONS RELATED TO TAX IMPLICATIONS ON LIFE INSURANCE H.R.2452/S. 823: NET OPERATING LOSS (NOL) CARRYBACK ACT; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE H.R.3399: TO AMEND THE INTERNAL REVENUE CODE OF 1986 TO PERMIT THE CONSOLIDATION OF LIFE INSURANCE COMPANIES WITH OTHER COMPANIES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 3408/S. 2882: TAXPAYER REPONSIBILITY, ACCOUNTABILITY, AND CONSISTENCY ACT OF 2009; PROVISIONS RELATED TO CLASSIFICATION OF INDEPENDENT CONTRACTORS AS EMPLOYEES H.R.3669: EMPLOYER-OWNED LIFE INSURANCE LIMITATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 4013: TO AMEND THE INTERNAL REVANUE CODE OF 1986 TO ALLOW A 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R.: 4173: RESTORING AMERICAN FINANCIAL STABILITY ACT OF 2010; ALL PROVISIONS OF THE BILL H.R.: 4191: LET WALL STREET PAY FOR THE RESTORATION OF MAIN STREET ACT OF 2009; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4412: WALL STREET BONUS TAX ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 156: SMALL BUSINESS STIMULUS ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 722: TAXPAYER CERTAINTY AND RELIEF ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 1835/S. 1937: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 2927: WALL STREET FAIR SHARE ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES BILL NOT YET INTRODUCED: FINANCIAL CRISIS RESPONSIBILITY FEE; PROVISIONS RELATED TO THE FEES OR TAXES ON FINANCIAL SERVICES COMPANIES TO REPAY TARP

Client expense: $810,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

See attachment. TAX Second Quarter Report 2010 H.R. 251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R. 768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R. 2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. H.R. 3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies. H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. Issue: Independent contractors. H.R. 3590 The Patient Protection and Affordable Care Act. Issue: Long Term Care financing within health reform and Medicare tax on nonqualified annuity income. H.R. 3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R. 4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R. 4173 - Title: Restoring American Financial Stability Act of 2010 (Title XVI) H.R. 4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R. 4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies S. 156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: taxation of life insurance companies. S. 722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: tax changes may affect life insurance. S. 823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax as it effects life insurance companies. S. 1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. Financial Crisis Responsibility Fee (not introduced) - To assess a fee or tax on financial services companies to repay TARP.

Client expense: $1,620,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 2452 Net Operating Loss Carryback Act of 2009 HR 2847 Tax Extenders Hiring Incentives Act HR 2910 S Corp. Mordernization Act of 2009 HR 3614 Small Business Investment Act Extension HR 4213 Expiring Tax Provisions; Tax Extenders HR 4851 Continue Tax Extensions Act of 2010 HR 5486 Small Business Jobs Tax Relief Act S. 823 Net Operating Loss Carryback Act of 2009 S. 996 S Corp. Mordernization Act of 2009 S. 1381 Small Business Tax Relief Act of 2009 Estate Taxes Financial Crisis Responsibility Fee Home Buyers Tax Credit

Client expense: $1,650,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

H.R.768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: estate tax as it effects life insurance. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R.4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R.4173 - Title: Restoring American Financial Stability Act of 2010 (Title XVI) H.R.4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R.4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies S.156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: estate tax as it effects life insurance. S.722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: estate tax as it effects life insurance. S.823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax as it effects life insurance. S.1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. Issue: Independent contractors. Financial Crisis Responsibility Fee (not introduced) - To assess a fee or tax on financial services companies to repay TARP. TRACKING H.R.96 - Title: To amend the Internal Revenue Code of 1986 to increase the maximum reduction in estate tax value for farmland and other special use property, to restore and increase the estate tax deduction for family-owned business interests, and for other purposes. Issue: estate tax as it effects life insurance. H.R.99 - Title: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: estate tax as it effects life insurance. H.R.173 - Title: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: estate tax as it effects life insurance. H.R.205 - Title: To repeal the Federal estate and gift taxes. Issue: estate tax as it effects life insurance. H.R.436 - Title: To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Issue: estate tax as it effects life insurance. H.R.533 - Title: To make full estate tax repeal, small business expensing, and SECA tax deduction for health insurance permanent. Issue: estate tax as it effects life insurance. H.R.1960 - Title: To make the repeal of the estate tax permanent. Issue: estate tax as it effects life insurance. H.R.1986 - Title: To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax, increase the estate tax unified credit to an exclusion equivalent of $4,000,000, reduce the maximum estate tax rate to 40 percent, and for other purposes. Issue: estate tax H.R.2023 - Title: To amend the Internal Revenue Code of 1986 to reform the estate and gift tax. Issue: estate tax as it effects life insurance. H.R.2658 - Title: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes. Issue: estate tax as it effects life insurance.

Client expense: $2,316,895 · Firm income: Not reported

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

S 253 - Fix Housing First Homebuyer Tax Credit; S 823 - Net Operating Loss Carryback Act; Obama Administration Budget, provisions relating to increasing taxes on US companies competing for business in international markets; HR 1265 - Stop Tax Haven Abuse Act; S 506 - Stop Tax Haven Abuse; Proposed increase of the Harbor Maintenance Tax; Proposed Research and Development Tax Credit. Separate return limitation year rules to net operating loss proposal HR 5297- The Small Business Jobs and Credit Act of 2010, HR 4849 - The Small Business and Infrastructure Jobs Tax Act of 2010, S 3513 - The Bonus Depreciation Extension to Create Jobs Act, HR 4213 - The American Jobs and Closing Tax Loopholes Act of 2010

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

Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), U.S. Trade Representative (USTR)

H.R.251: LIFE INSURANCE EMPLOYEE NOTIFICATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 768: COMMISSION ON FINANCIAL CRISIS ACCOUNTABILIY ACT OF 2009; PROVISIONS RELATED TO TAX IMPLICATIONS ON LIFE INSURANCE H.R.2452/S. 823: NET OPERATING LOSS (NOL) CARRYBACK ACT; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE H.R. 2847: HIRING INCENTIVES TO RESTORE EMPLOYMENT (HIRE) ACT; PROVISIONS RELATED TO THE FOREIGN TAX ACCOUNT COMPLIANCE ACT (FATCA) H.R.3399: TO AMEND THE INTERNAL REVENUE CODE OF 1986 TO PERMIT THE CONSOLIDATION OF LIFE INSURANCE COMPANIES WITH OTHER COMPANIES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 3408/S. 2882: TAXPAYER REPONSIBILITY, ACCOUNTABILITY, AND CONSISTENCY ACT OF 2009; PROVISIONS RELATED TO CLASSIFICATION OF INDEPENDENT CONTRACTORS AS EMPLOYEES H.R.3669: EMLOYER-OWNED LIFE INSURANCE LIMITATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 4013: TO AMEND THE INTERNAL REVANUE CODE OF 1986 TO ALLOW A 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4109/S. 3141: LOW INCOME HOUSING TAX CREDIT ACT OF 2009; PROVISIONS RELATED TO A 5-YEAR CARRYBACK OF LOW INCOME HOUSING CREDITS H.R.: 4191: LET WALL STREET PAY FOR THE RESTORATION OF MAIN STREET ACT OF 2009; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4412: WALL STREET BONUS TAX ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 156: SMALL BUSINESS STIMULUS ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 722: TAXPAYER CERTAINTY AND RELIEF ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 1835: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 1937: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 2927: WALL STREET FAIR SHARE ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES

Client expense: $1,020,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 823, Net Operation Loss (NOL) Carryback Act, entire bill; H.R. 2452, Net Operating Loss (NOL) Carryback Act, entire bill; Provide an expanded NOL carryback period up to five years for 2009; Unemployment insurance (e.g., H.R. 290); H.R. 3548

Client expense: Not reported · Firm income: $430,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.251: LIFE INSURANCE EMPLOYEE NOTIFICATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 768: COMMISSION ON FINANCIAL CRISIS ACCOUNTABILIY ACT OF 2009; PROVISIONS RELATED TO TAX IMPLICATIONS ON LIFE INSURANCE H.R.2452/S. 823: NET OPERATING LOSS (NOL) CARRYBACK ACT; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE H.R. 2847: HIRING INCENTIVES TO RESTORE EMPLOYMENT (HIRE) ACT; PROVISIONS RELATED TO THE FOREIGN TAX ACCOUNT COMPLIANCE ACT (FATCA) H.R.3399: TO AMEND THE INTERNAL REVENUE CODE OF 1986 TO PERMIT THE CONSOLIDATION OF LIFE INSURANCE COMPANIES WITH OTHER COMPANIES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 3408/S. 2882: TAXPAYER REPONSIBILITY, ACCOUNTABILITY, AND CONSISTENCY ACT OF 2009; PROVISIONS RELATED TO CLASSIFICATION OF INDEPENDENT CONTRACTORS AS EMPLOYEES H.R.3669: EMLOYER-OWNED LIFE INSURANCE LIMITATION ACT; PROVISIONS RELATED TO COMPANY OWNED LIFE INSURANCE H.R. 4013: TO AMEND THE INTERNAL REVANUE CODE OF 1986 TO ALLOW A 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4109/S. 3141: LOW INCOME HOUSING TAX CREDIT ACT OF 2009; PROVISIONS RELATED TO A 5-YEAR CARRYBACK OF LOW INCOME HOUSING CREDITS H.R.: 4191: LET WALL STREET PAY FOR THE RESTORATION OF MAIN STREET ACT OF 2009; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES H.R. 4412: WALL STREET BONUS TAX ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 156: SMALL BUSINESS STIMULUS ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 722: TAXPAYER CERTAINTY AND RELIEF ACT OF 2009; PROVISIONS RELATED TO ESTATE TAX AND LIFE INSURANCE S. 1835: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 1937: A BILL TO AMEND THE INTERNAL REENUE CODE OF 1986 TO ALLOW 5-YEAR CARRYBACK OF OPERATING LOSSES, AND FOR OTHER PURPOSES; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES S. 2927: WALL STREET FAIR SHARE ACT; PROVISIONS RELATED TO TAXATION OF LIFE INSURANCE COMPANIES

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

American Recovery and Reinvestment Act of 2009 - HR 1, S 1 Combating Organized Retail Crime Act of 2009 - S 470 Broadband Access Equality Act of 2009 - HR 691 Advanced Broadband Infrastructure Bond Initiative of 2009 - HR 760 Telephone Excise Tax Repeal Act of 2009 - S 47 Telephone Excise Tax Repeal Act of 2009 - S 71 Permanent Internet Tax Freedom Act of 2009 - HR 1560 Permanent Internet Tax Freedom Act of 2009 - S 43 Online Child Safety - S 436 Federal Information Security Act 2008 - S 3474 Security and Data Breach - HR 4791 Information Security of the Department of Homeland Security - HR 5983 Data Breach Notification Act - S 139 Protecting the Privacy of Social Security Numbers Act - S 141 Cybersecurity Act of 2009 - S 773 A bill to establish, within the Executive Office of the President, the Office of National Cybersecurity Advisor - S 778 Organized Retail Crime Act of 2009 - HR 1173 E-fencing Enforcement Act of 2009 - HR 1166 Buy America Government Procurement of Technology Cybersecurity Information Security and Data Breach Federal Information Security Management Act review Cloud Computing and Government Procurement Child Safety Online Online Intermediary Liability Online Retail Crime Prevention Discrimination against E-commerce Internet Taxation issues Spectrum Policy White Spaces Technology and Improving the Economy Health IT Transportation and Technology Education and Technology Funding for Scientific Research Tax Deferral R&D Tax Credit Broadband Grant and Loan Programs Broadband Mapping Domestic Sourcing of IT jobs Immigration and the HIgh Tech Workforce Truth in Caller ID Act of 2009 - S 30 S 139 - A bill to require Federal agencies, and persons engaged in interstate commerce, in possession of data containing senitive personally identifiable information, to disclose any breach of such information. S 141 - A bill to amend title 18, United States Code, to limit the misuse of Social Security numbers, to establish criminal penalties for such misuse, and for other purposes. S 177 - Strengthening Our Economy Through Small Business Innovation Act of 2009. S 292 - Withholding Tax Relief Act of 2009 S 348 - A bill to amend section 254 of the Communications Act of 1934 to provide that funds received as universal service contributions and the universal service support programs established pursuant to that section are not subject to certain provisions of title 31, United States Code, commonly known as the Antideficiency Act. S 386 - FERAFraud Enforcement and Recovery Act of 2009. S 436 - Internet Stopping Adults Facilitating the Exploitation of Today's Youth Act of 2009SAFETY Act. S 454 - Weapon Systems Acquisition Reform Act. S 458 - False Claims Clarification Act. S 496 - Afghanistan and Pakistan Reconstruction Opportunity Zones Act of 2009. S 649 - Radio Spectrum Inventory Act. S 707 - Telework Enhancement Act of 2009. S 773 - A bill to ensure the continued free flow of commerce within the United States and with its global trading partners through secure cyber communications, to provide for the continued development and exploitation of the Internet and intranet communications for such purposes, to provide for the development of a cadre of information technology specialists to improve and maintain effective cybersecurity defense against disruption, and for other purposes. S 778 - A bill to establish, within the Executive Office of the President, the Office of National Cybersecurity Advisor. S 800 - A bill to require the President to update and modify the website recovery.gov. S 887 - H-1B and L-1 Visa Reform Act of 2009. S 891 - Congo Conflict Minerals Act of 2009. S 920 - Information Technology (IT) Investment Oversight Enhancement and Waste Prevention Act of 2009. S 921 - United States Information and Communications Enhancement Act of 2009 U.S. ICE Act of 2009. S 924 - A bill to ensure efficient performace of agency functions. S 946 - Critical Electric Infrastructure Protection Act of 2009. S 1047 - SAFE Internet ActSchool and Family Education about the Internet Act of 2009. S 1054 - Supplemental Appropriations Act, 2009. S 1070 - A bill to establish the Small Business Information Security Task Force to address information security concerns relating to credit card data and other proprietary information. S 1145 - Webcaster Settlement Act of 2009. S 1167 - Freedom from Government Competition Act of 2009. S 1261 - PASS ID ActProviding for Additional Security in States' Identification Act of 2009. S 1390 - An original bill to authorize appropriations for fiscal year 2010 for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes. S 1406 - Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2010. S 1438 - Fostering a Global Response to Cyber Attacks Act. HR 105 - Voting Opportunity and Technology Enhancement Rights Act of 2009. HR 145 - Online Job Training Act of 2009. HR 188 - Cuba Reconciliation Act. HR 275 - To repeal the imposition of 3 percent withholding on certain payments made to vendors by government entities. HR 400 - Protecting Consumers through Proper Forbearance Procedures Act. HR 595 - American Steel First Act of 2009. HR 639 - Security Clearance Oversight and Accountability Act. HR 679 - American Recovery and Reinvestment Act of 2009. HR 760 - Advanced Broadband Infrastructure Bond Initiative of 2009. HR 1258 - Truth in Caller ID Act of 2009. HR 1292 - To amend title 1 of the Omnibus Crime Control and Safe Streets Act of 1968 to establish a National White Collar Crime Center grants program for purposes of improving the identification, investigation, and prosecution of certain criminal conspiracies and activities and terrorist conspiracies and activities. HR 1319 - Informed P2P User Act. HR 1464 - Learning Opportunities With Creation of Open Source Textbooks (LOW COST) Act of 2009. HR 1530 - Free Trade With Cuba Act. HR 1537 - To direct the Secretary of Defense to conduct studies regarding alternative models for acquisition and funding of technologies supporting network-centric operations. HR 1538 - To repeal the small business competitiveness demonstration program. HR 1541 - To provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes. HR 1560 - Permanent Internet Tax Freedom Act of 2009. HR 1613 - Made in America Act of 2009. HR 1966 - Megan Meier Cyberbullying Prevention Act. HR 2101 - Weapons Acquisition System Reform Through Enhancing Technical Knowledge and Oversight Act of 2009. HR 2195 - To amend the Federal Power Act to provide additional authorities to adequately protect the critical electric infrastructure against cyber attack, and for other purposes. HR 2221 - Data Accountability and Trust Act. HR 2267 - Internet Gambling Regulation Consumer Protection, and Enforcement Act. HR 2268 - Internet Gambling Regulation and Tax Enforcement Act of 2009. HR 2271 - Global Online Freedom Act of 2009. HR 2272 - United States-Cuba Trade Normalization Act of 2009. HR 2299 - Minority Small Business Enhancement Act of 2009. HR 2344 - Webcaster Settlement Act of 2009. HR 2346 - Supplemental Appropriations Act, 2009. HR 2352 - Job Creation Through Enterpreneurship Act of 2009. HR 2415 - To require the Federal Government to use purchases of good or services through the Federal supply schedules for the purpose of meeting certain contracting goals for participation by small business concerns owned and controlled by service-disabled veterns. HR 2416 - To require the Department of Veterans Affairs to use purchases of goods or services through the Federal supply schedules for the purpose of meeting certain contracting goals for participation by small business concerns owned and controlled by veterans with service-connected disabilities. HR 2647 - DoD appropriations for military activity for FY 2010. HR 2847 - Commerce, Justice, Science, and Related Agencies Appropriations Act, 2010 Department of Commerce Appropriations Act, 2010 Department of Justice Appropriations, 2010 Science Appropriations Act, 2010. HR 2902 - Broadband Internet Fairness Act. HR 2994 - Satellite Home Viewer Reauthorization Act. HR 2997 - Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2010. HR 3019 - Spectrum Relocation Improvement Act of 2009. HR 3082 - Military Construction and Veterans Affairs Appropriations Act, 2010. HR 3101 - Twenty-first Century Communications and Video Accessibility Act of 2009. HR 3125 - Radio Spectrum Inventory Act. HR 1830 - Weapon Systems Acquisition Reform Act of 2009. HR 1105 - Omnibus Appropriations Act, 2009 S 629 - Part-Time Reemployment of Annuitants Act of 2009 HR 1763 - Responsible Reinvestment Act of 2009 S 30 - Truth in Caller ID S 629 - Part-Time Reemployment of Annuitants Act of 2009 S 823 - Net Operating Loss (NOL) Carryback Act S 1203 - Grow Research Opportunities With Taxcredits' Help ActGROWTH Act S 1298 - Department of Homeland Security Appropriations Act, 2010 S 1490 - Personal Data Privacy and Security Act of 2009 HR 422 - To amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit HR 639 - Security Clearance Oversight and Accountability Act HR 1083 - Business Activity Tax Simplification Act of 2009 HR 1788 - False Claims Act Correction Act of 2009 HR 1830 - Weapon Systems Acquisition Reform Act of 2009 HR 2701 - Intelligence Authorization Act for Fiscal Year 2010 HR 2892 - Department of Homeland Security Appropriations Act 2010 HR 2918 - Legislative Branch Appropriations Act, 2010 HR 2996 - Department of the Interior, Environment and Related Agencies Appropriations Act, 2010 HR 3019 - Spectrum Relocation Improvement Act of 2009 HR 3081 - Department of State, Foreign Operations and Related Programs Appropriations Act, 2010 HR 3183 - Making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2010 and other purposes HR 3221 - Student Aid and Fiscal Responsibility Act of 2009 HR 3288 - Transportation, Housing and Urban Development and Related Agencies Appropriations Act, 2010 HR 3326 - Department of Defense Appropriations Act, 2010 HR 3571 - Defund ACORN Act HR 3183 - Making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2010 and other purposes HJ RES 38 - Making further continuing appropriations for fiscal year 2009 and for other purposes HR 1763 - Responsible Reinvestment Act of 2009 HR 3293 - Departments of Labor, Health and Human Services, Education and Related Agencies Appropriations Act, 2010 HR 2920 - Statutory Pay-As-You-Go Act of 2009 HR 1722 - Telework Improvement Act of 2009 S 1745 - Non-Federal Employee Whistleblower Protection Act of 2009 S 1830 - Federal Agency Energy Efficiency Improvement Act of 2009 S 2868 - Federal Supply Schedules Usage Act of 2009 S 2915 - A bill to provide that employment-related arbitration agreements shall not be enforceable with respect to any claim related to a tort arising out of rape HR 3571 - Defund ACORN Act HR 3964 - Spending, Deficit, and Debt Control Act of 2009. Budget Enforcement and Congressional Control Act of 2009. Budget Reform and Long-Term Sustainability Act of 2009. Commission on the Accountability and Review of Federal Agencies Act of 2009 Enhanced Spending Control and Budget Enforcement Act of 2009. Federal Program Sunset Act of 2009 Legislative Line-Item Veto Act of 2009 Spending Enforcement and Reform Act of 2009 Transparency in Budgeting Act of 2009 HR 3183 - Making appropriations for energy and water development and related agencies for the fiscal year ending September 30, 2010 and for other purposes S 773 - Cybersecurity Act of 2009 HR 2221 - Data Accountability and Trust Act S 139 - Data Breach Notification Act S 1440 - Personal Data Privacy and Security Act of 2009 S 921 - Information and Communication Enhancement Act S 946, HR 2195 - Critical Electric Infrastructure Protection Act S 1438 - Fostering a Global Response to Cyber Attacks Act HR 4061 - Cybersecurity Enhancement Act of 2009 HR 1319 - The Informed Peer to Peer User Act S.2989 Small Business Contracting Revitalization Act of 2010 S.3190 Small Business Programs Parity Act of 2010 HR 4496 Helping small business compete act of 2010 HR 4508 - To provide for an additional temporary extension of programs under the Small Business Act and the Small Business Investment Act of 1958 HR 4900 Federal Information Security Amendments Act of 2010 HR 4983 Transparency in Government Act HR 5013 - To amend title 10, United States Code, to provide for performance management of the defense acquisition system HR 4735 - To amend title 5, United States Code, to provide that persons having seriously delinquent tax debts shall be ineligible for Federal employment HR 4061 Cybersecurity Enhancement Act of 2010 H.R.2221 - Data Accountability and Trust Act S.773 - Cybersecurity Act of 2009 S 921 Information Communications Enhancement Act S 139 - Data Breach Notification Act S 3155 - A bill to require reporting on certain information and communications technologies of foreign countries, to develop action plans to improve the capacity of certain countries to combat cybercrime Financial reform bills affecting Magnuson Moss Warranty Act Procurement transparency and government use of cloud services

Client expense: $337,205 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Other), Commerce, Dept of (DOC), Congressional Budget Office (CBO), Defense Advanced Research Projects Agency (DARPA), Defense, Dept of (DOD), Director of National Intelligence (ODNI), Education, Dept of, Energy, Dept of, Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Joint Chiefs of Staff, Justice, Dept of (DOJ), Labor, Dept of (DOL), Library of Congress (LOC), Natl Aeronautics & Space Administration (NASA), Natl Guard, Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Agency (NSA), Natl Telecommunications & Information Administration (NTIA), Navy, Dept of, Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Secretary of Defense, Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Social Security Administration (SSA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Fish & Wildlife Service (USFWS), U.S. Immigration & Customs Enforcement (ICE), U.S. International Trade Commission (ITC), U.S. Marines, U.S. Trade Representative (USTR), White House Office

American Recovery and Reinvestment Act of 2009, all tax provisions and the 3% witholding prevision - HR 1, S 1 Business Activity Tax Simplification Act of 2009 - HR 1083 HR 422 - Bill to extend through 2010. The tax credit for increasing research activities and make permanent the alternative simplified research tax credit. General business issues relating to economic stimulus including proposals relating to the repatriation of foreign earnings and protection. S 292 - Witholding Tax Relief Act of 2009 HR 275 - To repeal the imposition of 3% withholding on certain payments made to vendors by government entities. HR 691 - Broadband Access Equality Act of 2009. HR 760 - Advanced Broadband Infrastructure Bond Initiative of 2009. S 47 - Telephone Excise Tax Repeal Act of 2009. S 71 - Telephone Excise Tax Repeal Act of 2009. HR 1560 - Permanent Internet Tax Freedom Act of 2009. S 43 - Permanent Internet Tax Freedom Act of 2009. S 1054 - Supplemental Appropriations Act, 2009 HR 679 - American Recovery and Reinvestment Act of 2009 HR 1541 - To provide for an additional temporary extention of programs under the Small Business Act and the Small Business Investment Act of 1958, and for other purposes HR 2346 - Supplemental Appropriations Act, 2009 HR 2352 - Job Creation Through Entrepreneurship Act of 2009 S 177 - Strengthening Our Economy Through Small Business Innovation Act of 2009 HR 1105 - Omnibus Appropriations Act, 2009 S 629 - Part-Time Reemployment of Annuitants Act of 2009 S 823 - Net Operating Loss (NOL) Carryback Act S 1203 - Grow Research Opportunities With Taxcredits' Help ActGROWTH Act HR 422 - To amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit HR 1083 - Business Activity Tax Simplification Act of 2009 HJ RES 38 - Making further continuing appropriations for fiscal year 2009 and for other purposes HR 1763 - Responsible Reinvestment Act of 2009 HR 3293 - Departments of Labor, Health and Human Services, Education and Related Agencies Appropriations Act, 2010 HR 2920 - Statutory Pay-As-You-Go Act of 2009 HR 3964 - Spending, Deficit, and Debt Control Act of 2009. Budget Enforcement and Congressional Control Act of 2009. Budget Reform and Long-Term Sustainability Act of 2009. Commission on the Accountability and Review of Federal Agencies Act of 2009 Enhanced Spending Control and Budget Enforcement Act of 2009. Federal Program Sunset Act of 2009 Legislative Line-Item Veto Act of 2009 Spending Enforcement and Reform Act of 2009 Transparency in Budgeting Act of 2009 HR 3408, S 2882 - Taxpayer Responsibility, Accountability and Consistency Act of 2009 HR 4849 - Small Business and Infrastructure Jobs Tax Act of 2010 HR 2847 - Hiring Incentives to Restore Employment Act HR 4213 - American Workers, State, and Business Relief Act of 2010

Client expense: $337,205 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Other), Commerce, Dept of (DOC), Congressional Budget Office (CBO), Defense Advanced Research Projects Agency (DARPA), Defense, Dept of (DOD), Director of National Intelligence (ODNI), Education, Dept of, Energy, Dept of, Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Joint Chiefs of Staff, Justice, Dept of (DOJ), Labor, Dept of (DOL), Library of Congress (LOC), Natl Aeronautics & Space Administration (NASA), Natl Guard, Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Agency (NSA), Natl Telecommunications & Information Administration (NTIA), Navy, Dept of, Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Secretary of Defense, Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Social Security Administration (SSA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Fish & Wildlife Service (USFWS), U.S. Immigration & Customs Enforcement (ICE), U.S. International Trade Commission (ITC), U.S. Marines, U.S. Trade Representative (USTR), White House Office

American Recovery and Reinvestment Act of 2009 - HR 1, S 1 General issues involving congressional oversight of the Financial Standards Accounting Board (FASB), International Accounting Standards Board (IASB), FASB and IASB policies regarding stock option accounting, the Sarbanes-Oxley Act and other related issues. S 1054 - Supplemental Appropriations Act, 2009 HR 679 - American Recovery and Reinvestment Act of 2009 HR 2346 - Supplemental Appropriations Act, 2009 HR 1105 - Omnibus Appropriations Act, 2009 S 629 - Part-Time Reemployment of Annuitants Act of 2009 S 823 - Net Operating Loss (NOL) Carryback Act HJ RES 38 - Making further continuing appropriations for fiscal year 2009 and for other purposes HR 1763 - Responsible Reinvestment Act of 2009 HR 3293 - Departments of Labor, Health and Human Services, Education and Related Agencies Appropriations Act, 2010 HR 3964 - Spending, Deficit, and Debt Control Act of 2009. Budget Enforcement and Congressional Control Act of 2009. Budget Reform and Long-Term Sustainability Act of 2009. Commission on the Accountability and Review of Federal Agencies Act of 2009 Enhanced Spending Control and Budget Enforcement Act of 2009. Federal Program Sunset Act of 2009 Legislative Line-Item Veto Act of 2009 Spending Enforcement and Reform Act of 2009 Transparency in Budgeting Act of 2009

Client expense: $337,205 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Air Force, Dept of, Army, Dept of (Other), Commerce, Dept of (DOC), Congressional Budget Office (CBO), Defense Advanced Research Projects Agency (DARPA), Defense, Dept of (DOD), Director of National Intelligence (ODNI), Education, Dept of, Energy, Dept of, Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Joint Chiefs of Staff, Justice, Dept of (DOJ), Labor, Dept of (DOL), Library of Congress (LOC), Natl Aeronautics & Space Administration (NASA), Natl Guard, Natl Institute of Standards & Technology (NIST), Natl Science Foundation (NSF), Natl Security Agency (NSA), Natl Telecommunications & Information Administration (NTIA), Navy, Dept of, Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Secretary of Defense, Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Social Security Administration (SSA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Fish & Wildlife Service (USFWS), U.S. Immigration & Customs Enforcement (ICE), U.S. International Trade Commission (ITC), U.S. Marines, U.S. Trade Representative (USTR), White House Office

HR 1265, HR 2452, S 506, S 823

Client expense: $750,000 · Firm income: Not reported

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

Lobbying Congress on proposals related to both corporate and product taxation. Specifically, proposals regarding: life/non-life consolidated returns; Capital loss rule temporary relief; STOLI; Benefits of current tax treatment for life insurance and retirement product. Obama Administration's Green Book proposals on COLI and SA DRD (not yet in legislative form) S.Con Res. 13 - An original concurrent resolution setting forth trhe congressional budget for the United States Government for fiscal year 2010, revising the appropriate budgetary levels for fiscal year 2009, and setting forth the appropriate budgetary levels for fiscal years 2011 through 2014 S 823 - A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 2452 - To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes HR 3669 - To prohibit employers from carrying life insurance policies on their rank and file employees HR 3590 - "Patient Protection and Affordable Care Act" - Would reform the health care system and includes prevention and wellness provisions, medicare reforms, individual and employer requirements, and excise tax on high cost plans HR 4872 - "The Health Care and Education Affordability Reconciliation Act of 2010" - would amend HR 3590, reform the health care system, includes changes to the excise tax, medicare payroll tax and economic substance doctrine S 1297 - "Retirement Security for Life Act of 2009 - A bill to amend the Internal Revenue Code of 1986 to encourage guaranteed lifetime income payments from annuities and similar payments of life insurance proceeds at dates later than death by excluding from income a portion of such payments HR 2748 - "Retirement Security Needs Lifetime Pay Act" - contains three provisions to encourage retirees to receive some of their retirement savings in the form of guaranteed lifetime income payments

Client expense: $1,100,730 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office

Tax issues related to international and domestic taxation: Administration's Fiscal Year 2011 Revenue Proposals; H.R. 1944 - A bill to amend the Internal Revenue Code of 1986 to permanently extend the subpart F exemption for active financing income ; Regulatory and legislative issues related to IRC 382; H.R. 4213, the Tax Extenders Act of 2009; Proposals Related to the Taxation of Banks; S. 823: The "Net Operating Loss (NOL) Carryback Act; S. 651: The "Compensation Fairness Act of 2009; H.R. 1586: A bill to impose an additional tax on bonuses received from certain TARP recipients.

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

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

H.R.2452-Net Operating Loss Carryback Act S.823-Net Operating Loss Carryback Act

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

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

Legislation to extend period for recognition of net operating losses, including S.823, H.R.2452, and H.R. 3548.

Client expense: Not reported · Firm income: $250,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 436 Certain Estate Tax Relief Act of 2009 HR 782 Taxpayer Choice Act of 2009 HR 2452 Net Operating Loss Carryback Act of 2009 HR 2847 Tax Extenders Hiring Incentives Act HR 2910 S Corp. Mordernization Act of 2009 HR 3548 Tax Relief Home Buyer Tax Credit and NOL Relief HR 3590 Patient Protection and Affordable Care Act HR 3614 Small Business Investment Act Extension HR 3905 Estate Tax Relief Act of 2009 HR 4213 Expiring Tax Provisions HR 4851 Tax Extension Act S. 156 Small Business Stimulus Act of 2009 S. 823 Net Operating Loss Carryback Act of 2009 S. 996 S Corp. Mordernization Act of 2009 S. 1381 Small Business Tax Relief Act of 2009 S. 1791 Patient Protection and Affordable Care Act Bank Owned Life Insurance Financial Crisis Responsibility Fee Home Buyers Tax Credit

Client expense: $1,060,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

See attachment. TAX First Quarter Report 2010 H.R. 251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R. 768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R. 2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax implications on life insurance companies. H.R. 3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. Issue: Independent contractors. H.R. 3590 The Patient Protection and Affordable Care Act. Issue: Long Term Care financing within health reform and Medicare tax on nonqualifed annuity income. H.R. 3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R. 4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R. 4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R. 4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies S. 156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: tax implications on life insurance companies. S. 823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax as it effects life insurance. S. 1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S. 2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. TRACKING H.R. 99 - Title: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: tax implications on life insurance and life insurance companies. Financial Crisis Responsibility Fee (not introduced) - To assess a fee or tax on financial services companies to repay TARP.

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

Government targets: HOUSE OF REPRESENTATIVES, Office of the Comptroller of the Currency (OCC), SENATE

H.R.768 - Title: To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.251 - Title: Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. H.R.2452 - Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: estate tax as it effects life insurance. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI H.R.4013 - Title: To amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies H.R.4191 - Title: To amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction. Issue: taxation of life insurance companies H.R.4412 - Title: To amend the Internal Revenue Code of 1986 to impose a 50 percent tax on bonuses paid by TARP. Issue: taxation of life insurance companies S.156 - Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: estate tax as it effects life insurance. S.722 - Title: To amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: estate tax as it effects life insurance. S.823 - Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax as it effects life insurance. S.1835 - Title: A bill to amend the Internal Revenue Code of 1986 to allow 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.1937 - Title: A bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: taxation of life insurance companies. S.2927 - Title: A bill to amend the Internal Revenue Code of 1986 to impose a tax on certain securities transactions to fund job creation and deficit reduction, and for other purposes. Issue: taxation of life insurance companies. H.R. 3408/ S.2882 Title: Taxpayer Responsibility, Accountability and Consistency Act of 2009. Issue: Independent contractors. TRACKING H.R.96 - Title: To amend the Internal Revenue Code of 1986 to increase the maximum reduction in estate tax value for farmland and other special use property, to restore and increase the estate tax deduction for family-owned business interests, and for other purposes. Issue: estate tax as it effects life insurance. H.R.99 - Title: To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: estate tax as it effects life insurance. H.R.173 - Title: To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: estate tax as it effects life insurance. H.R.205 - Title: To repeal the Federal estate and gift taxes. Issue: estate tax as it effects life insurance. H.R.436 - Title: To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Issue: estate tax as it effects life insurance. H.R.533 - Title: To make full estate tax repeal, small business expensing, and SECA tax deduction for health insurance permanent. Issue: estate tax as it effects life insurance. H.R.1960 - Title: To make the repeal of the estate tax permanent. Issue: estate tax as it effects life insurance. H.R.1986 - Title: To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax, increase the estate tax unified credit to an exclusion equivalent of $4,000,000, reduce the maximum estate tax rate to 40 percent, and for other purposes. Issue: estate tax H.R.2023 - Title: To amend the Internal Revenue Code of 1986 to reform the estate and gift tax. Issue: estate tax as it effects life insurance. H.R.2658 - Title: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes. Issue: estate tax as it effects life insurance. Financial Crisis Responsibility Fee (not introduced) - To assess a fee or tax on financial services companies to repay TARP.

Client expense: $1,470,836 · Firm income: Not reported

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

S 253 - Fix Housing First Homebuyer Tax Credit; S 823 - Net Operating Loss Carryback Act; Obama Administration Budget, provisions relating to increasing taxes on US companies competing for business in international markets; HR 1265 - Stop Tax Haven Abuse Act; S 506 - Stop Tax Haven Abuse; Proposed increase of the Harbor Maintenance Tax; Proposed Research and Development Tax Credit. Separate return limitation year rules to net operating loss proposal

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

Government targets: Agriculture, Dept of (USDA), Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), U.S. Trade Representative (USTR)

General issues related to estate tax, deferral, net operating loss, executive compensation, LIFO, and research & development tax creditH. Con. Res. 85 / S. Con. Res. 13, Setting forth the Congressional budget for the United States Government for FY 2010 and including appropriate budgetary levels for FY 2009 and 2011 through 2014 H.R. 1322, Emergency Retiree Health Benefits Protection Act of 2009 H.R. 1265 / S. 506, Stop Tax Haven Abuse Act S. 722, Taxpayer Certainty and Relief Act of 2009 H.R. 2452 / S. 823, Net Operating Loss (NOL) Carryback Act H.R. 422, To amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit S. 1203, Grow Research Opportunities With Taxcredits' Help Act S. 996, S Corporation Modernization Act of 2009 H.R. 436, Certain Estate Tax Relief Act of 2009 S. 1230, Home Buyer Tax Credit Act of 2009 S. 765, A bill to amend the Internal Revenue Code of 1986 to allow the Secretary of the Treasury to not impose a penalty for failure to disclose reportable transactions when there is reasonable cause for such failure, to modify such penalty, and for other purposes S. 437/ H.R. 2519, A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases H.R. 275/S. 292, Withholding Tax Relief Act of 2009 H.R. 690/S. 144, Modernize Our Bookkeeping In the Law for Employee's Cell Phone Act of 2009 H.R. 1935, A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services S. 1082, Generate Retirement Ownership Through Long-Term Holding Act of 2009 Issues related to taxation in various health care reform proposals (no specific legislation introduced) Small Business Jump Start Act of 2009 (legislation not introduced), increasing the small businesss start-up expense deduction from $5,000 to $10,000 President's Proposed Budget, FY2010 Greenbook Public Law No. 111-5 - ARRA: Implementation of the Stimulus Bill Access to Capital Provisions and Tax Provisions. SEC Roadmap for Adoption of International Financial Reporting Standards (IFRS): Repeal of Last-In, First-Out Method of Inventory Accounting (LIFO)

Client expense: $7,430,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Fish & Wildlife Service (USFWS), U.S. Trade Representative (USTR), White House Office

Issues related to estate tax, deferral, net operating loss, executive compensation, LIFO, and research & development (no specific legislation introduced) H.R. 3393/S. 1934, Foreign Account Tax Compliance Act of 2009 All tax-related provisions of the following bills: H.R. 1322, Emergency Retiree Health Benefits Protection Act of 2009 H.R. 1265/S. 506, Stop Tax Haven Abuse Act S. 722, Taxpayer Certainty and Relief Act of 2009 H.R. 2452/S. 823, Net Operating Loss (NOL) Carryback Act H.R. 422, to amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit S. 1203, Grow Research Opportunities With Taxcredits' Help Act S. 996, S Corporation Modernization Act of 2009 H.R. 436, Certain Estate Tax Relief Act of 2009 H.R. 3590, Service Members Home Ownership Tax Act of 2009 S. 1678, to amend the Internal Revenue Code of 1986 to extend the first-time homebuyer tax credit, and for other purposes H.R. 3463, Death Tax Repeal Permanency Act of 2009 H.R. 3607, FY 2010 Federal Aviation Administration Extension Act H.R. 3617, Surface Transportation Extension Act of 2009 S. 1796, America's Healthy Future Act of 2009 H.R. 3200, America's Affordable Health Choices Act of 2009 H.R. 4213, Tax Extenders Act of 2009 H.R. 4154, Permanent Estate Tax Relief for Families, Farmers, and Small Businesses Act of 2009 H.R. 3962, Affordable Health Care for America Act H.R. 4191, Let Wall Street Pay for the Restoration of Main Street Act of 2009 H.R. 3548, Worker, Homeownership, and Business Assistance Act of 2009 S. 1792, a bill to amend the Internal Revenue Code of 1986 to modify the requirements for windows, doors, and skylights to be eligible for the credit for non business energy property H.R. 3548, Worker, Homeownership, and Business Tax Act of 2009 S. 623, Patient Protection and Affordable Care Act H.R. 3905, Estate Tax Relief Act of 2009 H.R. 4173, Wall Street Reform and Consumer Protection Act of 2009 H.R. 3408/S. 2882, Taxpayer Responsibility, Accountability, and Consistency Act of 2009 H.R. 275/S. 292, Withholding Tax Relief Act of 2009 General background on tax gap proposals for small business, 1099 Corporate Reporting and possible tax extenders (no specific legislation introduced)

Client expense: $71,190,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Defense, Dept of (DOD), Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Maritime Administration (MARAD), Natl Economic Council (NEC), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Estate Tax Reform Pension Reform Net Operating Loss Legislation (S. 823; H.R. 2452) Advertising Deductibility

Client expense: $278,000 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Postal Regulatory Commission, SENATE, U.S. Postal Service (USPS), White House Office

Estate Tax Reform Pension Reform Net Operating Loss Legislation (S. 823; H.R. 2452) Advertising Deductibility

Client expense: $278,000 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Postal Regulatory Commission, SENATE, U.S. Postal Service (USPS), White House Office

S. 823

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

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

General issues related to estate tax, deferral, net operating loss, executive compensation, LIFO, and research & development tax credit H. Con. Res. 85 / S. Con. Res. 13, Setting forth the Congressional budget for the United States Government for FY 2010 and including appropriate budgetary levels for FY 2009 and 2011 through 2014 H.R. 1322, Emergency Retiree Health Benefits Protection Act of 2009 H.R. 1265 / S. 506, Stop Tax Haven Abuse Act S. 722, Taxpayer Certainty and Relief Act of 2009 H.R. 2452 / S. 823, Net Operating Loss (NOL) Carryback Act H.R. 422, To amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit S. 1203, Grow Research Opportunities With Taxcredits' Help Act S. 996, S Corporation Modernization Act of 2009 H.R. 436, Certain Estate Tax Relief Act of 2009 S. 1230, Home Buyer Tax Credit Act of 2009 S. 765, A bill to amend the Internal Revenue Code of 1986 to allow the Secretary of the Treasury to not impose a penalty for failure to disclose reportable transactions when there is reasonable cause for such failure, to modify such penalty, and for other purposes S. 437/ H.R. 2519, A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases H.R. 275/S. 292, Withholding Tax Relief Act of 2009 H.R. 690/S. 144, Modernize Our Bookkeeping In the Law for Employee's Cell Phone Act of 2009 H.R. 1935, A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services S. 1082, Generate Retirement Ownership Through Long-Term Holding Act of 2009 Issues related to taxation in various health care reform proposals (no specific legislation introduced) Small Business Jump Start Act of 2009 (legislation not introduced), increasing the small businesss start-up expense deduction from $5,000 to $10,000 President's Proposed Budget, FY2010 Greenbook Public Law No. 111-5 - ARRA: Implementation of the Stimulus Bill Access to Capital Provisions and Tax Provisions. SEC Roadmap for Adoption of International Financial Reporting Standards (IFRS): Repeal of Last-In, First-Out Method of Inventory Accounting (LIFO)

Client expense: $7,430,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Fish & Wildlife Service (USFWS), U.S. Trade Representative (USTR), White House Office

HR 1265, HR 2452, S 506, S 823

Client expense: $907,076 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Justice, Dept of (DOJ), Natl Economic Council (NEC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R.768 : To establish a commission on the tax and fiscal implications of the regulation of financial products and arrangements and to study the current financial crisis, its causes and impact on the Federal deficit and tax revenues. Issue: tax implications on life insurance. H.R.251 - Life Insurance Employee Notification Act. Issue: effects of company owned life insurance. S.722 : A bill to amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Issue: estate tax as it effects life insurance. H.R.2452 Title: Net Operating Loss (NOL) Carryback Act; to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: estate tax as it effects life insurance. S.156 Title: Small Business Stimulus Act of 2009; a bill to amend the Internal Revenue Code of 1986 to extend enhanced small business expensing and to provide for a 5-year net operating loss carryback for losses incurred in 2008 or 2009. Issue: estate tax as it effects life insurance. S.823 Title: Net Operating Loss (NOL) Carryback Act; a bill to amend the Internal Revenue Code of 1986 to allow a 5-year carryback of operating losses, and for other purposes. Issue: tax as it effects life insurance. H.R.3399 - Title: To amend the Internal Revenue Code of 1986 to permit the consolidation of life insurance companies with other companies. Issue: taxation of life insurance companies H.R.3669 - Title: To prohibit employers from carrying life insurance policies on their rank and file employees. Issue: use of COLI TRACKING H.R.96 : To amend the Internal Revenue Code of 1986 to increase the maximum reduction in estate tax value for farmland and other special use property, to restore and increase the estate tax deduction for family-owned business interests, and for other purposes. Issue: estate tax as it effects life insurance. H.R.99 : To amend the Internal Revenue Code of 1986 to reduce taxes by providing an alternative determination of income tax liability for individuals, repealing the estate and gift taxes, reducing corporate income tax rates, reducing the maximum tax for individuals on capital gains and dividends to 10 percent, indexing the basis of assets for purposes of determining capital gain or loss, creating tax-free accounts for retirement savings, lifetime savings, and life skills, repealing the adjusted gross income threshold in the medical care deduction for individuals under age 65 who have no employer health coverage, and for other purposes. Issue: estate tax as it effects life insurance. H.R.173 : To amend the Internal Revenue Code of 1986 to exempt certain farmland from the estate tax. Issue: estate tax as it effects life insurance. H.R.205 : To repeal the Federal estate and gift taxes. Issue: estate tax as it effects life insurance. H.R.436 : To amend the Internal Revenue Code of 1986 to repeal the new carryover basis rules in order to prevent tax increases and the imposition of compliance burdens on many more estates than would benefit from repeal, to retain the estate tax with a $3,500,000 exemption, and for other purposes. Issue: estate tax as it effects life insurance. H.R.533 : To make full estate tax repeal, small business expensing, and SECA tax deduction for health insurance permanent. Issue: estate tax as it effects life insurance. H.R.1960 : To make the repeal of the estate tax permanent. Issue: estate tax as it effects life insurance. H.R.1986 Title: To amend the Internal Revenue Code of 1986 and the Economic Growth and Tax Relief Reconciliation Act of 2001 to restore the estate tax, increase the estate tax unified credit to an exclusion equivalent of $4,000,000, reduce the maximum estate tax rate to 40 percent, and for other purposes. Issue: estate tax H.R.2023 Title: To amend the Internal Revenue Code of 1986 to reform the estate and gift tax. Issue: estate tax as it effects life insurance. H.R.2658 Title: To amend the Internal Revenue Code of 1986 to increase the estate and gift tax unified credit to an exclusion equivalent of $5,000,000, to adjust such amount for inflation, to repeal the 1-year termination of the estate tax, and for other purposes. Issue: estate tax as it effects life insurance.

Client expense: $1,760,318 · Firm income: Not reported

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

General issues related to estate tax, deferral, net operating loss, executive compensation, LIFO, and research & development tax credit H. Con. Res. 85 / S. Con. Res. 13, Setting forth the Congressional budget for the United States Government for FY 2010 and including appropriate budgetary levels for FY 2009 and 2011 through 2014 H.R. 1322, Emergency Retiree Health Benefits Protection Act of 2009 H.R. 1265 / S. 506, Stop Tax Haven Abuse Act S. 722, Taxpayer Certainty and Relief Act of 2009 H.R. 2452 / S. 823, Net Operating Loss (NOL) Carryback Act H.R. 422, To amend the Internal Revenue Code of 1986 to extend the research credit through 2010 and to increase and make permanent the alternative simplified research credit S. 1203, Grow Research Opportunities With Taxcredits' Help Act S. 996, S Corporation Modernization Act of 2009 H.R. 436, Certain Estate Tax Relief Act of 2009 S. 1230, Home Buyer Tax Credit Act of 2009 S. 765, A bill to amend the Internal Revenue Code of 1986 to allow the Secretary of the Treasury to not impose a penalty for failure to disclose reportable transactions when there is reasonable cause for such failure, to modify such penalty, and for other purposes S. 437/ H.R. 2519, A bill to amend the Internal Revenue Code of 1986 to allow the deduction of attorney-advanced expenses and court costs in contingency fee cases H.R. 275/S. 292, Withholding Tax Relief Act of 2009 H.R. 690/S. 144, Modernize Our Bookkeeping In the Law for Employee's Cell Phone Act of 2009 H.R. 1935, A bill to amend the Internal Revenue Code of 1986 to provide for the treatment of partnership interests held by partners providing services S. 1082, Generate Retirement Ownership Through Long-Term Holding Act of 2009 Issues related to taxation in various health care reform proposals (no specific legislation introduced) Small Business Jump Start Act of 2009 (legislation not introduced), increasing the small businesss start-up expense deduction from $5,000 to $10,000 President's Proposed Budget, FY2010 Greenbook Public Law No. 111-5 - ARRA: Implementation of the Stimulus Bill Access to Capital Provisions and Tax Provisions. SEC Roadmap for Adoption of International Financial Reporting Standards (IFRS): Repeal of Last-In, First-Out Method of Inventory Accounting (LIFO)

Client expense: $7,430,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Defense, Dept of (DOD), Education, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Communications Commission (FCC), Federal Trade Commission (FTC), Food & Drug Administration (FDA), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), St. Lawrence Seaway Development Corporation, State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Fish & Wildlife Service (USFWS), U.S. Trade Representative (USTR), White House Office