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Legislative Progress
Momentum (last 30 days)
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vs 5,649 other S bills in the 118th — cohort avg 33d
No CRS summary is available for this bill yet. The source title, actions, sponsors, and text versions below come from Congress.gov.
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Filing registrants (28)
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2025 · second_quarter · Taxation/Internal Revenue Code
48D, the Advanced Manufacturing Investment Credit ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Corporate Income Tax Rate Employee Stock Ownership Plan Estate Tax Foreign Tax Credit Full Expensing H.R. 1990, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) International Tax (GILTI, FDII, BEAT) One Big Beautiful Bill Act Onshoring Tax Incentives Partnership Basis-Shifting Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax Tax Cuts and Jobs Act Expiring Provisions Tax Relief for American Families and Workers Act
Client expense: $1,920,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), HOUSE OF REPRESENTATIVES, Office of Science & Technology Policy (OSTP), SENATE, Treasury, Dept of
2025 · first_quarter · Taxation/Internal Revenue Code
ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Corporate Income Tax Rate Employee Stock Ownership Plan Estate Tax Foreign Tax Credit Full Expensing H.R. 1990, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) Onshoring Tax Incentives Partnership Basis-Shifting Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax Tax Cuts and Jobs Act Expiring Provisions Tax Relief for American Families and Workers Act
Client expense: $1,680,000 · Firm income: Not reported
2024 · fourth_quarter · Taxation/Internal Revenue Code
- Main Street Certainty Act (S. 1706 / H.R. 4721) - Supporting the Section 199A the Small Business Deduction, makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025. - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Support bill which restores Section 174 expensing for US-based R&D investments, full and immediate expensing for investments in machinery and equipment, the EBITDA-based business interest limitation under Section 163(j), makes permanent the tax deduction for qualified business income, and expands the Low-Income Housing Tax Credit. - Freedom to Invest in Tomorrows Workforce Act (H.R. 1477 / S. 722) - Support bill which expands the eligible uses of 529 tax-advantaged education savings account funds to cover costs associated with workforce training and credentialing programs. - American Innovation and Jobs Act - (S.866/H.R.2673) - American Innovation and R&D Competitiveness Act of 2023 - support bills to ensure manufacturers can fully deduct R&D expenses each year and expand the R&D tax credit for startups and small businesses. - The Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R. 2406/S. 1117) - Support bill which to make permanent allowing businesses to fully expense new investments in the year of purchase. - Death Tax Repeal Act (S. 1108/ H.R. 7035) - Support full and permanent repeal of the estate tax.
Client expense: Not reported · Firm income: $30,000
2024 · fourth_quarter · Taxation/Internal Revenue Code
In support of the Improve and Enhance the Work Opportunity Tax Credit Act (S.5370, H.R. 6833), which increases credit to reflect inflation and encourages worker retention. In support of the Main Street Certainty Act (S.1706, H.R. 4721) which makes the IRS Section 199A small-business deduction for certain qualified business income (QBI) permanent for partnerships LLC's and other non-corporate businesses. In support of the Death Tax Repeal Act (S. 1108, H.R. 7035) which permanently repeals a law which imposes a tax on the transfer of property, land and other assets from a deceased family member to heirs of family farms and small businesses. In support of the ALIGN Act (S.1117, H.R. 2406), which would make permanent full and immediate expensing for American investments in machinery and equipment. In support of the American Investment in Manufacturing (AIM) Act (S.1232, H.R. 2788), which re-instates the standard for business interest deductions.
Client expense: Not reported · Firm income: $15,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Support S. 1117 Accelerate Long-Term Investment Growth Now (ALIGN) Act. Making permanent full and immediate expensing for capital investments. Support S. 866 American Innovation and Jobs Act to restoring the tax treatment of R&D expenses to full and immediate expensing. Oppose imposition of country-by-country reporting in accounting standards.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
| Republican |
| SD |
| Marco Rubio | Republican | FL |
| Marsha Blackburn | Republican | TN |
| Mike Braun | Republican | IN |
| Mike Lee | Republican | UT |
| Shelley Moore Capito | Republican | WV |
| Steve Daines | Republican | MT |
| Tim Scott | Republican | SC |
| Todd Young | Republican | IN |
| HR 2406 |
118th |
| Identical bill |
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Lobbying on the following specific bills: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act, all provisions; S. 866/H.R. 2673 -- American Innovation and Jobs Act, all provisions; S. 1117/H.R. 2406 - A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, all provisions; H.R. 3938 - Build It in America, provisions related to tax extenders; and H.R. 7024 - Tax Relief for American Families and Workers Act, provisions related to expensing, research and development, and interest deductibility.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
General lobbying on the following issues: 100% expensing of bonus depreciation, research and experimentation costs, and dividend taxation; book minimum tax treatment of spectrum; corporate income tax rates and credits; corporate income tax rate; corporate alternative minimum tax guidance; and interest tax deduction limitation under 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act (all provisions); S. 866 - American Innovation and Jobs Act (provisions related to R&D expensing); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); S. 1232/H.R. 2788 - American Investment in Manufacturing (AIM) Act (provisions related to corporate interest deductibility); H.R. 2673 - American Innovation and R&D Competitiveness Act of 2023 (provisions related to R&D expensing); H.R. 3938 - Build It In America Act (extension of full expensing, R&D expensing and corporate tax deductibility). H.R. 7024 -- Tax Relief for American Families and Workers Act (full expensing of R&E expenses; and EBITA, rather than EBIT, limits on interest deductions).
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to LIFO accounting. H.R. 7035, S. 1108- Death Tax Repeal Act. Issues related to permanent estate tax relief. S. 1706, H.R. 4721-Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. H.R. 2406/S. 1117 Accelerating Long-term Investment Growth Now Act H.R.2555 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes. H. Res. 237; Issues related to the ability to use stepped-up basis. H.R.4073, S. 1781-to amend the Harmonized Tariff Schedule of the United States to provide a uniform 8-digit subheading number for all whiskies. Issues related to the tax differentiation between beer, wine and liquor. H.R. 6833-the Improve and Enhance the Work Opportunity Tax Credit Act. H.R. 7024, The Tax Relief for American Workers and Families Act; Sec. 202. Extension of allowance for depreciation, amortization, or depletion in determining the limitation on business interest. Sec. 203. Extension of 100 percent bonus depreciation; Sec. 204. Increase in limitations on expensing of depreciable business assets. H.R. 7577, The Creating Hospitality Economic Enhancement for Restaurants and Servers (CHEERS) Act.
Client expense: $470,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 889: Broadband Grant Tax Treatment Act; all provisions H.R. 2406: Accelerate Long-term Investment Growth Now (ALIGN) Act; provisions related to full expensing H.R. 2673: American Innovation and R&D Competitiveness Act of 2023; provisions related to research and development expensing H.R. 2788: AIM Act; provisions related to corporate interest deductibility H.R. 3938: Build it in America Act; extension of tax provisions related to full expensing, research and development expensing, and corporate interest deductibility H.R. 7024: Tax Relief for American Families and Workers Act of 2024; provisions related to tax reform, full expensing, research and development expensing, and corporate interest deductibility S. 341: Broadband Grant Tax Treatment Act; all provisions S. 866: American Innovation and Jobs Act; provisions related to research and experimentation expensing S. 1117: ALIGN Act; provisions related to full expensing S. 1232: AIM Act; provisions related to corporate interest deductibility S. 1559: Book Minimum Tax Repeal Act; all provisions Discussions related to 100% expensing bonus depreciation, research and experimentation costs, dividend taxation Discussions related to corporate income tax credits and corporate income tax rate Discussions related to Book Minimum Tax treatment of spectrum Discussions related to corporate alternative minimum tax guidance Discussions related to interest tax deduction limitation under 163(j) of the I.R.C.
Client expense: $2,970,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · fourth_quarter · Taxation/Internal Revenue Code
-Issues related to energy efficiency tax credits in the Inflation Reduction Act of 2022 (H.R.5376) -Issues related to business deductions for research and development (R&D) tax amortization -Issues related to the Tax Relief for American Families and Workers Act of 2024 (H.R.7024) -Issues related to the American Innovation and R&D Competitiveness Act of 2023 (H.R.2673) and the American Innovation and Jobs Act (S.866) -Issues related to bonus depreciation and the Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117) -Issues related to the Low-Income Housing Tax Credit and the Affordable Housing Credit Improvement Act (H.R.3238/S.1557) -Issues related to housing tax credits and the Neighborhood Homes Investment Act (H.R.3940/S.657)
Client expense: $50,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
S 341/HR 889 Broadband Grant Tax Treatment Act, all provisions S 866/HR 2673 American Innovation and Jobs Act, all provisions S 1117/HR 2406 A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, all provisions HR 3938 Build It in America, provisions related to tax extenders HR 7024 Tax Relief for American Families and Workers Act, provisions related to expensing, research and development and interest deductibility
Client expense: $2,670,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Corporate taxation generally, including accelerated depreciation; H.R. 2406/S.1117 - Accelerate Long-term Investment Growth Now Act (ALIGN Act); H.R. 190 - Saving Gig Economy Taxpayers Act; H.R. 3937 - Small Business Jobs Act; H.R. 3938 - Build It in America Act; S. 1725 - Red Tape Reduction Act of 2023; H.R. 7024 - Tax Relief for American Families and Workers Act of 2024; H.R. 9263 - Supporting Innovation in Agriculture Act of 2024.
Client expense: $520,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
American Innovation and R&D Competitiveness Act of 2023 (H.R.2673) make the immediate R&D expensing retroactive to 2022 and permanent. American Innovation and Jobs Act (S. 866) make the immediate R&D expensing retroactive to 2022 and permanent. American Investment in Manufacturing Act (H.R.2788) (S.1232) support reinstatement of the Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) measure. Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406) (S.1117), support making expensing for American investments in machinery and equipment permanent. The Tax Cuts and Jobs Act (TCJA) implementation, general business tax issues (P.L.117-169). Global tax activities and discussions on Pillar One and Pillar Two at OECD (No bill number). Tax Relief for American Families and Wokers Act of 2024 (H.R. 7024) Inflation Reduction Act of 2022, implementation of business tax provisions (P.L. 117-169).
Client expense: $1,150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Implementation of the Inflation Reduction Act (Public Law 117-169), provisions affecting wind, solar, energy storage, carbon capture, and other carbon reduction incentives. H.R 7024, Tax Relief for American Families and Workers Act of 2024, provisions affecting energy projects. S. 1706, Main Street Tax Certainty Act of 2023; S. 1117, H.R. 2406, ALIGN Act; H.R. 4035, S. 2623, Protecting Small Business Information Act of 2023; H.R. 5119, S. 3625, Protect Small Business and Prevent Illicit Financial Activity Act; H.R. 8619, S Corporation Modernization Act of 2024; H.R. 8147, S. 4297, Repealing Big Brother Overreach Act. H.R. 10545, American Relief Act, 2025
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
H.R. 515, Protecting American Savers and Retirees Act H.R. 976, TCJA Permanency Act H.R. 1010/S. 453, Prohibiting IRS Financial Surveillance Act H.R. 2406/S. 1117, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 2673, American Innovation and R&D Competitiveness Act H.R. 2767/S. 1243, Small Business Investment Act of 2023 H.R. 2788/S. 1232, American Investment in Manufacturing (AIM) Act H.R. 3210/S. 1559, Book Minimum Tax Repeal Act H.R. 4571, Child Care Investment Act of 2023 H.R. 4721/S. 1706, Main Street Tax Certainty Act H.R. 5779, Fiscal Commission Act of 2023 H.R. 5988/S. 3084, United States-Taiwan Expedited Double-Tax Relief Act H.R. 7024, Tax Relief for American Families and Workers Act of 2024 H.R. 7360 Promoting Affordable Child Care for Everyone Act H.R. 7470, Secure U.S. Leadership in Space Act of 2024 H.R. 8184, Growing and Preserving Innovation in America Act of 2024 H.R. 8540/S. 5254, Child Care for American Families Act S. 866, American Innovation and Jobs Act S. 1457, Taiwan Tax Agreement Act of 2023 H.Res. 268, Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies Potential legislation similar to H.R. 5988/S. 3084, United States-Taiwan Expedited Double-Tax Relief Act Proposed Rule, Internal Revenue Service; Section 45X Advanced Manufacturing Production Credit (88 Fed. Reg. 86,844-86,868, December 15, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Excise Tax on Repurchase of Corporate Stock; 26 CFR Parts 1 and 58 (89 Fed. Reg. 25,980-26,067, April 12, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions (88 Fed. Reg. 59,576-59,659, August 29, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements (88 Fed. Reg. 60,018-60,054, August 30, 2023) (as corrected by 88 Fed. Reg. 73,807, October 27, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Section 45V Credit for Production of Clean Hydrogen; Section 48(a)(15) Election To Treat Clean Hydrogen Production Facilities as Energy Property (88 Fed. Reg. 89,220-89,255, December 26, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Rules Regarding Dual Consolidated Losses and the Treatment of Certain Disregarded Payments (89 Fed. Reg. 64,750-64,778, August 7, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Corporate Alternative Minimum Tax Applicable After 2022 (89 Fed. Reg. 75,062-75,243, September 13, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Previously Taxed Earnings and Profits and Related Basis Adjustments (89 Fed. Reg. 95,362-95,464, Dec. 2, 2024) Various issues relating to pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; work opportunity tax credit; Canada Digital Services Tax - C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament; extraterritorial application of Sec. 49 of the German Income Tax Act; potential modifications to the gasoline tax, including waiving or temporary suspension; implementation of 26 U.S. Code 174 - Amortization of research and experimental expenditures; implementation of the major tax and energy security provisions of the Inflation Reduction Act of 2022 (P.L. 117-169); IRS guidance related to the Foreign Tax Credit and the Arms Length Requirement; Recommendations for Items to be Included on the Department of the Treasury and Internal Revenue Services 2024-2025 Priority Guidance Plan (I.R.S. Notice 2024-28, 2024-13 I.R.B. 720); implementation of the Child and Dependent Care Tax Credit (CDCTC), the Dependent Care Assistance Program (DCAP), and the Employer Provided Child Care Tax Credit (45F); UK Carbon Border Adjustment Mechanism (CBAM) Consultation; expiration of provisions from the 2017 Tax Cuts and Jobs Act; tax policy priorities for 2025; proposal to repeal section 852(b)(6) of the Internal Revenue Code; instituting an excise tax on stock buybacks; IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; SECURE 2.0 Act Student Loan and Emergency Savings Guidance; extending the temporary business, international, and estate tax provisions enacted as part of the 2017 Tax Cuts and Jobs Act, P.L. 115-97; Treasury regulations and other guidance related to the foreign tax credit; improvements to the Child and Dependent Care Tax Credit (CDCTC), Dependent Care Assistance Program (DCAP), and Employer Provided Child Care Tax Credit (section 45F); U.S. legislative response to the OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftings two-pillar solution to address the tax challenges arising from the digitalization of the economy; OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftings draft Multilateral Convention to Implement Amount A of Pillar One; proposed Article xx to U.N. Model Tax Convention on Dealing with Cross-Border Business Services; federal income tax treatment of employer-provided health insurance coverage; proposed amendment (I-735) to Frances 2025 budget to raise the countrys digital services tax rate from 3% to 5%; legal challenge against the undertaxed profit rule (UTPR) established by Council Directive (EU) 2022/2523 of December 14, 2022; child care related tax credits; dependent care assistance programs
Client expense: $22,410,000 · Firm income: Not reported
Government targets: Alcohol & Tobacco Tax & Trade Bureau (TTB), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)
2024 · fourth_quarter · Taxation/Internal Revenue Code
H.R.2406/S.1117 - ALIGN Act Legislative monitoring for tax credits involving EVs, SAFs, and zero emission charging infrastructure Corporate and international tax issues related to the Tax Cuts and Jobs Act H.R.3938 - the Build It in America Act H.R.7024 - Tax Relief for American Families and Workers Act
Client expense: $2,540,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
Tax Policy: American Innovation and R&D Competitiveness Act (H.R.2673/ S.866), which would permanently repeal the R&D amortization provision. The American Investment in Manufacturing (AIM) Act (H.R.2788/S.1232), which would permanently restore the pro-growth EBITDA interest limitation standard. Accelerate Long-Term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117), which would permanently extend full expensing. Section 45X Advanced Manufacturing Production Tax Credit.
Client expense: $130,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
HR 2406, S 1117: ALIGN Act HR 2788, S 1232: The American Investment in Manufacturing (AIM) Act S 1706; Main Street Tax Certainty Act
Client expense: $37,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Issues related to corporate taxation; implementation of H.R.5376, Inflation Reduction Act of 2022 (P.L.117-169). Issues related to R&D expenses; H.R.7024, Tax Relief for American Families and Workers Act of 2024. Issues related to business interest expenses; S.1117/H.R.2406, A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made. Issues related to R&D expenses and business interest expenses; H.R.7024, Tax Relief for American Families and Workers Act of 2024. Issues related to OECD International Tax Agreement; H.R.3665, Defending American Jobs and Investment Act; H.R.4695, Unfair Tax Prevention Act.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
- Issues related to the Death Tax Repeal Act of 2023 (H.R. 7035/S.1108) - Issues related to the Tax Relief for American Families and Workers Act of 2024 (H.R.7024) - Issues related to bonus depreciation and the Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117) - Issues related to housing tax credits and the Neighborhood Homes Investment Act (H.R.3940/S.657) - Issues related to the Low-Income Housing Tax Credit and the Affordable Housing Credit Improvement Act (H.R.3238/S.1557)
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
- Issues related to residential energy efficiency tax credits in the Inflation Reduction Act of 2022 (H.R.5376). Issues related to the implementation of business-relief programs. - Issues related to business deductions for research and development (R&D) tax amortization. - Issues related to earnings before interest, taxes, depreciation, and amortization (EBITDA) - Issues related to the Tax Relief for American Families and Workers Act of 2024 (H.R.7024) - Issues related to the American Innovation and R&D Competitiveness Act of 2023 (H.R.2673) and the American Innovation and Jobs Act (S.866) - Issues related to bonus depreciation and the Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117) - Issues related to the Low-Income Housing Tax Credit and the Affordable Housing Credit Improvement Act (H.R.3238/S.1557) - Issues related to housing tax credits and the Neighborhood Homes Investment Act (H.R.3940/S.657)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Corporate Income Tax Rate Employee Stock Ownership Plan Estate Tax Foreign Tax Credit Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2673, American Innovation and R&D Competitiveness Act H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) Onshoring Tax Incentives Partnership Basis-Shifting Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax Tax Cuts and Jobs Act Expiring Provisions Tax Relief for American Families and Workers Act
Client expense: $3,280,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · fourth_quarter · Taxation/Internal Revenue Code
Provision regarding the corporate tax rate; making permanent full expensing; S.1117/H.R.2406, the ALIGN Act; S.866, American Innovation and Jobs Act; H.R. 2673, American Innovation and R&D Competitiveness Act of 2023; Implementation of the Inflation Reduction Act (P.L. 117-169); Issues related to electric vehicle tax credits; Issues related to 45W; GILTI; International Tax Framework; H.R. 3938, Build It in America Act; H.R. 3665, Defending American Jobs and Investment Act; H.R. 2788 / S.1382, the American Investment in Manufacturing Act; H.R. 7024, Tax Relief for American Families and Workers Act of 2024; S. 4237, Eliminating Lavish Incentives to Electric Act
Client expense: $420,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · fourth_quarter · Taxation/Internal Revenue Code
Oppose capital gains tax increases and elimination of the stepped up basis provision in the administration's FY24 budget proposal; Supported extension of Section 199A Small Business Deduction; Supported S. 1706 - Main Street Tax Certainty Act - to make the Section 199A 20 percent business income deduction permanent; Supported H.R. 4721 - Main Street Tax Certainty Act - to make the Section 199A 20 percent business income deduction permanent; Supported S. 1117 - ALIGN Act - to make full and immediate expensing permanent; Supported H.R. 2406 - ALIGN Act - to make full and immediate expensing permanent; Supported S. 1108 - Death Tax Repeal Act of 2023 - to repeal the estate tax; Supported H.R. 4937 - The Preserving Family Farms Act of 2023, to allow more farmland or ranchland to be valued at agricultural value rather than development value under Sec. 2032A Special Use Valuation; Supported H.R. 3936 - The Tax Cuts for Working Families Act; Supported H.R. 3937 - The Small Business Jobs Act; Supported H.R. 3938 - The Build It in America Act; Supported H.R. 7024 - Tax Reform for American Families and Workers Act; Discussed the potential of extending and restricting the 45z sustainable aviation fuel tax credit;
Client expense: $26,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2024 · third_quarter · Taxation/Internal Revenue Code
Support S. 1117 Accelerate Long-Term Investment Growth Now (ALIGN) Act. Making permanent full and immediate expensing for capital investments. Support S. 866 American Innovation and Jobs Act to restoring the tax treatment of R&D expenses to full and immediate expensing. Oppose imposition of country-by-country reporting in accounting standards.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
- Main Street Certainty Act (S. 1706 / H.R. 4721) - Supporting the Section 199A the Small Business Deduction, makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025. - Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Support bill which restores Section 174 expensing for US-based R&D investments, full and immediate expensing for investments in machinery and equipment, the EBITDA-based business interest limitation under Section 163(j), makes permanent the tax deduction for qualified business income, and expands the Low-Income Housing Tax Credit. - Freedom to Invest in Tomorrows Workforce Act (H.R. 1477 / S. 722) - Support bill which expands the eligible uses of 529 tax-advantaged education savings account funds to cover costs associated with workforce training and credentialing programs. - American Innovation and Jobs Act - (S.866/H.R.2673) - American Innovation and R&D Competitiveness Act of 2023 - support bills to ensure manufacturers can fully deduct R&D expenses each year and expand the R&D tax credit for startups and small businesses. - The Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R. 2406/S. 1117) - Support bill which to make permanent allowing businesses to fully expense new investments in the year of purchase. - The Death Tax Repeal Act (S. 1108/ H.R. 7035) - Support full and permanent repeal of the estate tax.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Lobbying on the following specific bills: S. 341/H.R. 889 - Broadband Tax Treatment Act, all provisions; S. 866/H.R. 2673 -- American Innovation and Jobs Act, all provisions; S. 1117/H.R. 2406 - A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, all provisions; H.R. 3938 - Build It In America, provisions related to tax extenders; and H.R. 7024 - Tax Relief for American Families and Workers Act, provisions related to expensing, research and development, and interest deductibility.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
General lobbying on the following issues: 100% expensing of bonus depreciation, research and experimentation costs, and dividend taxation; book minimum tax treatment of spectrum; corporate income tax rates and credits; corporate income tax rate; corporate alternative minimum tax guidance; and interest tax deduction limitation under 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act (all provisions); S. 866 - American Innovation and Jobs Act and H.R. 2673 - American Innovation and Jobs Act (Spectrum and BEAD Program issues); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); S. 1232/H.R. 2788 - American Investment in Manufacturing (AIM) Act (provisions related to corporate interest deductibility); H.R. 3938 - Build It In America Act (extension of full expensing, R&D expensing and corporate tax deductibility). H.R. 7024 -- Tax Relief for American Families and Workers Act (full expensing of R&E expenses; and EBITA, rather than EBIT, limits on interest deductions).
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
H.R. 889: Broadband Grant Tax Treatment Act; all provisions H.R. 2406: Accelerate Long-term Investment Growth Now (ALIGN) Act; provisions related to full expensing H.R. 2673: American Innovation and R&D Competitiveness Act of 2023; provisions related to research and development expensing H.R. 2788: AIM Act; provisions related to corporate interest deductibility H.R. 3938: Build it in America Act; extension of tax provisions related to full expensing, research and development expensing, and corporate interest deductibility H.R. 7024: Tax Relief for American Families and Workers Act of 2024; provisions related to tax reform, full expensing, research and development expensing, and corporate interest deductibility S. 341: Broadband Grant Tax Treatment Act; all provisions S. 866: American Innovation and Jobs Act; provisions related to research and experimentation expensing S. 1117: ALIGN Act; provisions related to full expensing S. 1232: AIM Act; provisions related to corporate interest deductibility S. 1559: Book Minimum Tax Repeal Act; all provisions Discussions related to 100% expensing bonus depreciation, research and experimentation costs, dividend taxation Discussions related to corporate income tax credits and corporate income tax rate Discussions related to Book Minimum Tax treatment of spectrum Discussions related to corporate alternative minimum tax guidance Discussions related to interest tax deduction limitation under 163(j) of the I.R.C.
Client expense: $2,600,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, White House Office
2024 · third_quarter · Taxation/Internal Revenue Code
H.R.2406/S.1117 - ALIGN Act Legislative monitoring for tax credits involving EVs, SAFs, and zero emission charging infrastructure Corporate and international tax issues related to the Tax Cuts and Jobs Act H.R.3938 - the Build It in America Act H.R.7024 - Tax Relief for American Families and Workers Act
Client expense: $2,900,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
S 341/HR 889 Broadband Grant Tax Treatment Act, all provisions S 866/HR 2673 American Innovation and Jobs Act, all provisions S 1117/HR 2406 A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, all provisions HR 3938 Build It in America, provisions related to tax extenders HR 7024 Tax Relief for American Families and Workers Act, provisions related to expensing, research and development and interest deductibility
Client expense: $2,320,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Implementation of the Inflation Reduction Act (Public Law 117-169), provisions affecting wind, solar, energy storage, carbon capture, and other carbon reduction incentives. H.R 7024, Tax Relief for American Families and Workers Act of 2024, provisions affecting energy projects. S. 1706, Main Street Tax Certainty Act of 2023; S. 1117, H.R. 2406, ALIGN Act; H.R. 4035, S. 2623, Protecting Small Business Information Act of 2023; H.R. 5119, S. 3625, Protect Small Business and Prevent Illicit Financial Activity Act; H.R. 8619, S Corporation Modernization Act of 2024; H.R. 8147, S. 4297, Repealing Big Brother Overreach Act.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
H.R. 515, Protecting American Savers and Retirees Act H.R. 976, TCJA Permanency Act H.R. 1010/S. 453, Prohibiting IRS Financial Surveillance Act H.R. 2406/S. 1117, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 2673, American Innovation and R&D Competitiveness Act H.R. 2767/S. 1243, Small Business Investment Act of 2023 H.R. 2788/S. 1232, American Investment in Manufacturing (AIM) Act H.R. 3210/S. 1559, Book Minimum Tax Repeal Act H.R. 4571, Child Care Investment Act of 2023 H.R. 4721/S. 1706, Main Street Tax Certainty Act H.R. 5779, Fiscal Commission Act of 2023 H.R. 5988/S. 3084, United States-Taiwan Expedited Double-Tax Relief Act H.R. 7024, Tax Relief for American Families and Workers Act of 2024 H.R. 7470, Secure U.S. Leadership in Space Act of 2024 H.R. 8184, Growing and Preserving Innovation in America Act of 2024 H.R.8540, Child Care for American Families Act S. 866, American Innovation and Jobs Act S. 1457, Taiwan Tax Agreement Act of 2023 H.Res. 268, Expressing strong opposition to the imposition of digital services taxes by other countries that discriminate against United States companies Proposed Rule, Internal Revenue Service; Section 45X Advanced Manufacturing Production Credit (88 Fed. Reg. 86,844-86,868, December 15, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Excise Tax on Repurchase of Corporate Stock; 26 CFR Parts 1 and 58, (89 Fed. Reg. 25,980-26,067, April 12, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset Transactions, (88 Fed. Reg. 59,576-59,659, August 29, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements (88 Fed. Reg. 60,018-60,054, August 30, 2023) (as corrected by 88 Fed. Reg. 73,807, October 27, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Section 45V Credit for Production of Clean Hydrogen; Section 48(a)(15) Election To Treat Clean Hydrogen Production Facilities as Energy Property, (88 Fed. Reg. 89,220-89,255, December 26, 2023) Proposed Rule, Department of the Treasury, Internal Revenue Service: Rules Regarding Dual Consolidated Losses and the Treatment of Certain Disregarded Payments, (89 Fed. Reg. 64,750-64,778, August 7, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Corporate Alternative Minimum Tax Applicable After 2022, (89 Fed. Reg. 75,062-75,243, September 13, 2024) Various issues relating to pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; work opportunity tax credit; Canadian proposal to enact a retroactive Digital Services Tax (DST); Canada Digital Services Tax - C-59, An Act to implement certain provisions of the fall economic statement tabled in Parliament; Extraterritorial Application of Sec. 49 of the German Income Tax Act; potential modifications to the gasoline tax, including waiving or temporary suspension; implementation of 26 U.S. Code 174 - Amortization of research and experimental expenditures; implementation of the Inflation Reduction Act, (P.L. 117-169), including implementation of the excise tax on repurchase of corporate stock and corporate alternative minimum tax (AMT); implementation of the Inflation Reduction Act, (P.L. 117-169), including tax and energy security provisions; IRS guidance related to the Foreign Tax Credit and the Arms Length Requirement; implementation of the Child and Dependent Care Tax Credit (CDCTC), the Dependent Care Assistance Program (DCAP), and the Employer Provided Child Care Tax Credit (45F); UK Carbon Border Adjustment Mechanism (CBAM) Consultation; expiration of provisions from the 2017 Tax Cuts and Jobs Act; proposal to repeal section 852(b)(6) of the Internal Revenue Code; proposal to institute an excise tax on stock buybacks; IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; SECURE 2.0 Act Student Loan and Emergency Savings Guidance; extending the temporary business, international, and estate tax provisions enacted as part of the 2017 Tax Cuts and Jobs Act, Pub. L. No. 115-97; Treasury regulations and other guidance related to the foreign tax credit; improvements to the Child and Dependent Care Tax Credit (CDCTC), Dependent Care Assistance Program (DCAP), and Employer Provided Child Care Tax Credit (section 45F); U.S. legislative response to the OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftings two-pillar solution to address the tax challenges arising from the digitalization of the economy; OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftings draft Multilateral Convention to Implement Amount A of Pillar One; proposed Article xx to U.N. Model Tax Convention on Dealing with Cross-Border Business Services; recommendations for Items to be Included on the Department of the Treasury and Internal Revenue Services 2024-2025 Priority Guidance Plan (I.R.S. Notice 2024-28, 2024-13 I.R.B. 720); Turkeys new tax reform legislation
Client expense: $14,750,000 · Firm income: Not reported
Government targets: Alcohol & Tobacco Tax & Trade Bureau (TTB), HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)
2024 · third_quarter · Taxation/Internal Revenue Code
Oppose capital gains tax increases and elimination of the stepped up basis provision in the administration's FY24 budget proposal; Supported extension of Section 199A Small Business Deduction; Supported S. 1706 - Main Street Tax Certainty Act - to make the Section 199A 20 percent business income deduction permanent; Supported H.R. 4721 - Main Street Tax Certainty Act - to make the Section 199A 20 percent business income deduction permanent; Supported S. 1117 - ALIGN Act - to make full and immediate expensing permanent; Supported H.R. 2406 - ALIGN Act - to make full and immediate expensing permanent; Supported S. 1108 - Death Tax Repeal Act of 2023 - to repeal the estate tax; Supported H.R. 4937 - The Preserving Family Farms Act of 2023, to allow more farmland or ranchland to be valued at agricultural value rather than development value under Sec. 2032A Special Use Valuation; Supported H.R. 3936 - The Tax Cuts for Working Families Act; Supported H.R. 3937 - The Small Business Jobs Act; Supported H.R. 3938 - The Build It in America Act; Supported H.R. 7024 - Tax Reform for American Families and Workers Act; Discussed the potential of extending and restricting the 45z sustainable aviation fuel tax credit;
Client expense: $25,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office
2024 · third_quarter · Taxation/Internal Revenue Code
American Innovation and R&D Competitiveness Act of 2023 (H.R.2673) make the immediate R&D expensing retroactive to 2022 and permanent. American Innovation and Jobs Act (S. 866) make the immediate R&D expensing retroactive to 2022 and permanent. American Investment in Manufacturing Act (H.R.2788) (S.1232) support reinstatement of the Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) measure. Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406) (S.1117), support making expensing for American investments in machinery and equipment permanent. The Tax Cuts and Jobs Act (TCJA) implementation, general business tax issues (P.L.117-169). Global tax activities and discussions on Pillar One and Pillar Two at OECD (No bill number). Tax Relief for American Families and Wokers Act of 2024 (H.R. 7024) Inflation Reduction Act of 2022, implementation of business tax provisions (P.L. 117-169).
Client expense: $1,280,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Issues related to LIFO accounting. H.R. 7035, S. 1108- Death Tax Repeal Act. Issues related to permanent estate tax relief. S. 1706, H.R. 4721-Main Street Tax Certainty Act. Issues related to the permanence of the 20% deduction for S. Corporations. Section 179 business expensing; bonus depreciation allowances. H.R. 2406/S. 1117 Accelerating Long-term Investment Growth Now Act H.R.2555 - SALT Deductibility Act; issues related to the ability of pass through businesses to fully deduct state and local taxes. H. Res. 237; Issues related to the ability to use stepped-up basis. H.R.4073, S. 1781-to amend the Harmonized Tariff Schedule of the United States to provide a uniform 8-digit subheading number for all whiskies. Issues related to the tax differentiation between beer, wine and liquor. H.R. 6833-the Improve and Enhance the Work Opportunity Tax Credit Act. H.R. 7024, The Tax Relief for American Workers and Families Act; Sec. 202. Extension of allowance for depreciation, amortization, or depletion in determining the limitation on business interest. Sec. 203. Extension of 100 percent bonus depreciation; Sec. 204. Increase in limitations on expensing of depreciable business assets. H.R. 7577, The Creating Hospitality Economic Enhancement for Restaurants and Servers (CHEERS) Act.
Client expense: $290,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Corporate taxation generally, including accelerated depreciation; H.R. 2406/S.1117 - Accelerate Long-term Investment Growth Now Act (ALIGN Act); H.R. 190 - Saving Gig Economy Taxpayers Act; H.R. 3937 - Small Business Jobs Act; H.R. 3938 - Build It in America Act; S. 1725 - Red Tape Reduction Act of 2023; H.R. 7024 - Tax Relief for American Families and Workers Act of 2024.
Client expense: $510,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Issues related to corporate taxation; implementation of H.R.5376, Inflation Reduction Act of 2022 (P.L.117-169). Issues related to R&D expenses; H.R.7024, Tax Relief for American Families and Workers Act of 2024. Issues related to business interest expenses; S.1117/H.R.2406, A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made. Issues related to R&D expenses and business interest expenses; H.R.7024, Tax Relief for American Families and Workers Act of 2024. Issues related OECD International Tax Agreement; H.R.3665, Defending American Jobs and Investment Act; H.R.4695, Unfair Tax Prevention Act.
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
HR 2406, S 1117: ALIGN Act HR 2788, S 1232: The American Investment in Manufacturing (AIM) Act S 1706; Main Street Tax Certainty Act
Client expense: $37,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
In support of the EITC Age Parity Act (H.R. 5689) to include those without children over the age of 65 and under the age of 25 who otherwise qualify for the benefit In support of the Improve and Enhance the Work Opportunity Tax Credit Act (H.R. 6833), which increases credit to reflect inflation and encourages worker retention. In support of the Main Street Certainty Act (S.1706, H.R. 4721) which makes the IRS Section 199A small-business deduction for certain qualified business income (QBI) permanent for partnerships LLC's and other non-corporate businesses. In support of the Death Tax Repeal Act (S. 1108, H.R. 7035) which permanently repeals a law which imposes a tax on the transfer of property, land and other assets from a deceased family member to heirs of family farms and small businesses. In support of the ALIGN Act (S.1117, H.R. 2406), which would make permanent full and immediate expensing for American investments in machinery and equipment. In support of the American Investment in Manufacturing (AIM) Act (S.1232, H.R. 2788), which re-instates the standard for business interest deductions.
Client expense: Not reported · Firm income: $15,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
- Issues related to the Death Tax Repeal Act of 2023 (H.R. 7035/S.1108) - Issues related to the Tax Relief for American Families and Workers Act of 2024 (H.R.7024) - Issues related to bonus depreciation and the Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117) - Issues related to housing tax credits and the Neighborhood Homes Investment Act (H.R.3940/S.657) - Issues related to the Low-Income Housing Tax Credit and the Affordable Housing Credit Improvement Act (H.R.3238/S.1557)
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
- Issues related to residential energy efficiency tax credits in the Inflation Reduction Act of 2022 (H.R.5376). Issues related to the implementation of business-relief programs. - Issues related to business deductions for research and development (R&D) tax amortization. - Issues related to earnings before interest, taxes, depreciation, and amortization (EBITDA) - Issues related to the Tax Relief for American Families and Workers Act of 2024 (H.R.7024) - Issues related to the American Innovation and R&D Competitiveness Act of 2023 (H.R.2673) and the American Innovation and Jobs Act (S.866) - Issues related to bonus depreciation and the Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R.2406/S.1117) - Issues related to the Low-Income Housing Tax Credit and the Affordable Housing Credit Improvement Act (H.R.3238/S.1557) - Issues related to housing tax credits and the Neighborhood Homes Investment Act (H.R.3940/S.657)
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
Provision regarding the corporate tax rate; making permanent full expensing; S.1117/H.R.2406, the ALIGN Act; S.866, American Innovation and Jobs Act; H.R. 2673, American Innovation and R&D Competitiveness Act of 2023; Implementation of the Inflation Reduction Act (P.L. 117-169); Issues related to electric vehicle tax credits; Issues related to 45W; GILTI; International Tax Framework; H.R. 3938, Build It in America Act; H.R. 3665, Defending American Jobs and Investment Act; H.R. 2788 / S.1382, the American Investment in Manufacturing Act; H.R. 7024, Tax Relief for American Families and Workers Act of 2024; S. 4237, Eliminating Lavish Incentives to Electric Act
Client expense: $320,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of
2024 · third_quarter · Taxation/Internal Revenue Code
Tax Policy: The Tax Relief for American Families and Workers Act of 2024. American Innovation and R&D Competitiveness Act (H.R.2673, S.866), which would permanently repeal the R&D amortization provision. The American Investment in Manufacturing Act (H.R.2788, S.1232), which would permanently restore the pro-growth EBITDA interest limitation standard. Accelerate Long-Term Investment Growth Now Act (H.R.2406, S.1117), which would permanently extend full expensing.
Client expense: $220,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
ALIGN Act Business Interest Deduction Corporate Book Profits Minimum Tax Corporate Income Tax Rate Employee Stock Ownership Plan Estate Tax Foreign Tax Credit Full Expensing H.R. 1304, American Innovation and R&D Competitiveness Act H.R. 2406, S. 1117, To Make Permanent 100% Full Expensing H.R. 2673, American Innovation and R&D Competitiveness Act H.R. 2788, S. 1232, AIM Act H.R. 3665, Defending American Jobs and Investment Act Individual Tax Rate Inflation Reduction Act Interest Deductibility (163(j) EBITDA Limitation) Onshoring Tax Incentives Partnerships Passthrough Deduction R&D Amortization R&D Tax Credit S. 866, American Innovation and Jobs Act Stepped-up Basis Stock Buybacks Excise Tax Tax Cuts and Jobs Act Expiring Provisions Tax Relief for American Families and Workers Act
Client expense: $1,410,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · third_quarter · Taxation/Internal Revenue Code
Any and all legislation relating to full expensing for personal property, including but not limited to S. 1117, H.R. 2406 and H.R. 7024.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
Support S. 1117 Accelerate Long-Term Investment Growth Now (ALIGN) Act. Making permanent full and immediate expensing for capital investments. Support S. 866 American Innovation and Jobs Act to restoring the tax treatment of R&D expenses to full and immediate expensing. Oppose imposition of country-by-country reporting in accounting standards.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
- Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Support bill which restores Section 174 expensing for US-based R&D investments, full and immediate expensing for investments in machinery and equipment, the EBITDA-based business interest limitation under Section 163(j), makes permanent the tax deduction for qualified business income, and expands the Low-Income Housing Tax Credit. - Freedom to Invest in Tomorrows Workforce Act (H.R. 1477 / S. 722) - Support bill which expands the eligible uses of 529 tax-advantaged education savings account funds to cover costs associated with workforce training and credentialing programs. - American Innovation and Jobs Act - (S.866/H.R.2673) - American Innovation and R&D Competitiveness Act of 2023 - support bills to ensure manufacturers can fully deduct R&D expenses each year and expand the R&D tax credit for startups and small businesses. - The Accelerate Long-term Investment Growth Now (ALIGN) Act (H.R. 2406/S. 1117) - Support bill which to make permanent allowing businesses to fully expense new investments in the year of purchase. - Modern, Clean, and Safe Trucks Act of 2023 (H.R.1440/S.694) - Support bill to repeal the federal excise tax (FET) on heavy trucks and trailers, which was established over 100 years ago. - The Death Tax Repeal Act (S. 1108/ H.R. 7035) - Support full and permanent repeal of the estate tax. - Main Street Certainty Act (S. 1706 / H.R. 4721) - Supporting the Section 199A the Small Business Deduction, makes permanent the tax deduction for qualified business income. (Under current law, the deduction expires after December 31, 2025.
Client expense: Not reported · Firm income: $30,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
Lobbying on the following specific bills: S. 341/H.R. 889 - Broadband Tax Treatment Act, all provisions; S. 866/H.R. 2673 -- American Innovation and Jobs Act, all provisions; S. 1117/H.R. 2406 - A bill to amend the Internal Revenue Code of 1986 to permanently allow a tax deduction at the time an investment in qualified property is made, all provisions; H.R. 3938 - Build It In America, provisions related to tax extenders; and H.R. 7024 - Tax Relief for American Families and Workers Act, provisions related to expensing, research and development, and interest deductibility.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2024 · second_quarter · Taxation/Internal Revenue Code
General lobbying on the following issues: 100% expensing of bonus depreciation, research and experimentation costs, and dividend taxation; book minimum tax treatment of spectrum; corporate income tax rates and credits; corporate alternative minimum tax guidance; dividend taxation; and interest tax deduction limitation under 163(j) of the I.R.C. Lobbying on the following specific legislation: S. 341/H.R. 889 - Broadband Grant Tax Treatment Act (all provisions); S. 866 - American Innovation and Jobs Act and H.R. 2673 - American Innovation and Jobs Act (Spectrum and BEAD Program issues); S. 1117/H.R. 2406 - Accelerate Long-Term Investment Growth Now Act (ALIGN Act); S. 1232/H.R. 2788 - American Investment in Manufacturing (AIM) Act (provisions related to corporate interest deductibility); H.R. 220 - Advanced Aviation Act (corporate tax rate provisions); H.R. 2673 - American Innovation and R&D Competitiveness Act of 2023 (provisions related to research and development expensing); H.R. 3938 - Build It In America Act (extension of full expensing, R&D expensing and corporate tax deductibility). H.R. 7024 -- Tax Relief for American Families and Workers Act (full expensing of R&E expenses; and EBITA, rather than EBIT, limits on interest deductions).
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE