Main Street Tax Certainty Act

529 Plans. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Tax Cuts and Jobs Act (TCJA), generally. Permanency of TCJA Section 199A Continuation of TCJA estate tax treatment. Revived expensing of research and development costs. Restoration of 100% bonus depreciation. Opposition to exclusionary labor mandates in IRA green tax credits. H.R. 703: the Main Street Tax Certainty Act. S.587: Death Tax Repeal Act of 2025. H. Con. Res. 14: the Republican budget resolution. 118th Congress: H.R. 3938, the Build It In America Act. H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.

Client expense: $700,000 · Firm income: Not reported

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

Death Tax Repeal Act S.1108. Main Street Tax Certainty Act. Preserving Family Farms Act S.1706. Stepped-up basis. Like-kind exchanges. Estate tax issues. Capital Gains rates. General small business tax issues. Beginning Agriculturalist Lifetime Employment (BALE) Act HR 541. Tax Cuts for Working Families Act (H.R. 3936. Small Business Jobs Act (H.R. 3937). Tax Cuts & Jobs Act. Exemption of Excise Tax for Non-Highway Feed Delivery Trucks.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.1177, S.492, Improve and Enhance the Work Opportunity Tax Credit Act; Highway Trust Fund Solvency including federal user fees; Infrastructure Funding and Financing; Financial Accounting Standards Board issues; POC method of accounting; Energy Efficiency Tax Incentives including Section 179D; Lookback Accounting; Estate Tax; Pass-through Business Taxation; Section 199A Qualified Business Income Deduction; Excess Business Loss Limitation Rules (Section 461(1)); Employee Retention Tax Credit; Implementation of the Infrastructure Investment and Jobs Act; Tax incentives for the purchase of electric vehicles (30D). and commercial electric vehicles; Prevailing wage and apprenticeship requirements associated with tax incentives; Mandatory funding for Internal Revenue Service; Expansion of Net Investment Income Tax; Implementation of the Inflation Reduction Act; H.R.23, the Family and Small Business Taxpayer Protection Act; Section 174, Amortization of research and experimental expenditures; FY 2025 budget tax proposals; Implementation of the CHIPS and Science Act and Advanced Manufacturing Investment Tax Credit; S. 1706, H.R.4721, Main Street Certainty Act; H.R.3938, Build It In America Act; H.R.3937, Small Business Jobs Act; H.R.3661, Small Business Growth Act; SECURE Act 2.0 implementation; S. 536, Fair SHARE Act of 2025; H.R.2673, the American Innovation and R&D Competitiveness Act of 2023; S. 866, the American Innovation and Jobs Act; H.R.1440, Modern, Clean, and Safe Trucks Act of 2023; H.R.1837, the Investing in Our Communities Act; H.R.7024, the Tax Relief for American Families and Workers Act; H.R.9461, USA Workforce Investment Act; H.R.10545, American Relief Act, 2025

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

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

Tax Cuts and Job Act Permanency NMHC supports making permanent individual tax rates and the 20 percent qualified business income tax deduction that expire at the end of 2025. NMHC supports making permanent the Estate Tax rules enacted as part of the Tax Cuts and Jobs Act of 2017 (TCJA). In TCJA, Congress, doubled the estate tax exclusion through 2025 while retaining a top tax rate of 40 percent and stepped-up basis rules. H.R. 703, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. S. 213, Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. H.R. 4721 (118th Congress), Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. S. 1706 (118th Congress), Main Street Tax Certainty Act, to amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income, all provisions. H.R. 1301, Death Tax Repeal Act, to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, all provisions. S. 587, Death Tax Repeal Act of 2025, a bill to amend the Internal Revenue Code of 1986 to repeal the estate and generation-skipping transfer taxes, and for other purposes, all provisions. H.Con.Res. 14, Establishing the congressional budget for the United States Government for fiscal year 2025 and setting forth the appropriate budgetary levels for fiscal years 2026 through 2034, provisions impacting tax policy Revenue-Raising Provisions NMHC opposes imposing the net investment income tax (NIIT) on active income while also potentially increasing the NIIT rate. NMHC opposes requiring 100-percent recapture of depreciation deductions as ordinary income for real estate. NMHC opposes restricting the deductibility of state and local taxes (e.g., income, property, and industry-related taxes) by pass-through entities and REITs. NMHC supports retaining current law with regard to like-kind exchanges. NMHC believes that carried interest should be treated as a long-term capital gain if the underlying asset is held for at least one year.  H.R. 1091, Carried Interest Fairness Act of 2025, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities, all provisions S. 445, Carried Interest Fairness Act of 2025, to amend the Internal Revenue Code of 1986 to provide for the proper tax treatment of personal service income earned in pass-thru entities, all provisions Low-Income Housing Tax Credit and Middle-Income Housing Tax Credit Workforce Housing Tax Credit: NMHC supports the establishment of a Workforce Housing Tax Credit to spur production of multifamily housing for households earning up to 100 percent of area median income. Low-Income Housing Tax Credit: We support increasing credit authority and reducing the bond financing test. We also support increasing the private-activity bond volume cap to increase the use of 4 percent Low-Income Housing Tax Credits S. 3436 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 6686 (118th Congress), Workforce Housing Tax Credit Act, to amend the Internal Revenue Code of 1986 to provide a credit for middle-income housing, and for other purposes, all provisions. H.R. 3238 (118th Congress), Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular provisions relating to increased tax credit authority and tax-exempt bond financing requirements. S. 1557 (118th Congress), Affordable Housing Credit Improvement Act of 2023, to amend the Internal Revenue Code of 1986 to reform the low-income housing credit, and for other purposes, all provisions, in particular provisions relating to increased tax credit authority and tax-exempt bond financing requirements. Adaptive Reuse H.R. 2410, Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. H.R. 9002 (118th Congress), Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. S. 4693 (118th Congress), Revitalizing Downtowns and Main Streets Act, to amend the Internal Revenue Code of 1986 to provide an investment credit for converting non-residential buildings to affordable housing, all provisions. Opportunity Zones NMHC supports: Enabling States to recertify and/or redesignate Opportunity Zones to account for current economic realities and changes since Zones were originally designated; (2) Establishing new deferral deadlines so that taxpayers are incentivized to receive both a longer deferral period and the potential for a 10 percent or 15 percent basis increase with respect to reinvested capital gains; and (3) Reducing the basis increase necessary to qualify a multifamily rehabilitation project for Opportunity Zone purposes. H.R. 5761 (118th Congress), Opportunity Zones Transparency, Extension, and Improvement Act, to amend the Internal Revenue Code of 1986 to modify the rules relating to qualified opportunity zones, and for other purposes, all provisions Housing Preservation Draft legislative proposal, Housing Opportunities and Preservation Enhancement Act of 2025, to preserve aging affordable rental housing properties by creating tax incentives for individual investors that fund rehabilitation and preservation of existing affordable rental housing, all provisions. Brownfields H.R. 815, Brownfields Redevelopment Tax Incentive Reauthorization Act of 2025, to amend the Internal Revenue Code of 1986 to extend expensing of environmental remediation costs, all provisions. Role of Partnerships Promotion of partnerships as business entity. Tax Regulations Department of the Treasury and Internal Revenue Service, 26 CFR Part 1, TD 9992, RIN 1545-BQ36, Guidance on the Definition of Domestically Controlled Investment Entities. Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, TD 10028, RIN 1545-BR07, Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Potential Congressional Review Act legislation to nullify Department of the Treasury, Internal Revenue Service, 26 CFR Part 1, TD 10028, RIN 1545-BR07, Certain Partnership Related-Party Basis Adjustment Transactions as Transactions of Interest. Income and rent limits under Internal Revenue Code Sections 42 and 142: Considered signing letter to request that Treasury and Internal Revenue Service issue guidance clarifying that: (1) the Housing and Economic Recovery Act of 2008 (HERA) income rules related to hold harmless start no later than allocation or low-income housing tax credit determination; (2) hold harmless and HERA Special incomes do not reset upon resyndication; and (3) hold harmless treatment would apply at the national non-metro amount for rural projects.

Client expense: $1,820,000 · Firm income: Not reported

Government targets: Council of Economic Advisers (CEA), Energy, Dept of, Environmental Protection Agency (EPA), Federal Communications Commission (FCC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Vice President of the U.S.

Biodiesel Tax Credits Production Tax Credits for Renewable Fuels and Renewable Energy Renewable Energy Tax Credits Capital Gains Taxes + Stepped-up Basis Estate Tax Repeal Reform Cost Recovery and Depreciation Issues Extend Bonus Depreciation Business Income Deduction Corporate Tax Rate Forest Reforestation Tax Credit Like-Kind Exchanges (Section 1031) S. 1706, The Main Street Tax Certainty Act S. 1108, The Death Tax Repeal Act the American Families and Jobs Act (H.R. 3936, H.R. 3937, H.R. 3938) H.R. 7024 - The Tax Relief for American Families and Workers Act Clean Fuel Production Tax Credit Sustainable Aviation Fuel Tax Credit

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1706 and H.R. 4721, the Main Street Tax Certainty Act - Preserving 199A deduction S. 1108, the Death Tax Repeal Act - Issues related to the estate tax H.R. 2558, the Accelerate Long-term Investment Growth Now Act S. 1166, the ALIGN Act H.R. 4073 and S. 1781, the Duty Drawback Clarification Act H.R. 3721, the USPS Shipping Equity Act - legislation to allow USPS to ship beverage alcohol Monitor policy impacting the regulation of CBD Monitor proposals that would legalize marijuana Monitor progress of the farm bill Monitor proposals impacting the recruitment and retention of CDL drivers

Client expense: Not reported · Firm income: Not reported

S. 1706 and H.R. 4721, the Main Street Tax Certainty Act - Preserving 199A deduction S. 1108, the Death Tax Repeal Act - Issues related to the estate tax H.R. 2558, the Accelerate Long-term Investment Growth Now Act S. 1166, the ALIGN Act H.R. 4073 and S. 1781, the Duty Drawback Clarification Act H.R. 3721, the USPS Shipping Equity Act - legislation to allow USPS to ship beverage alcohol Monitor policy impacting the regulation of CBD Monitor proposals that would legalize marijuana Monitor progress of the farm bill Monitor proposals impacting the recruitment and retention of CDL drivers

Client expense: Not reported · Firm income: Not reported

S. 1706 and H.R. 4721, the Main Street Tax Certainty Act - Preserving 199A deduction S. 1108, the Death Tax Repeal Act - Issues related to the estate tax H.R. 2558, the Accelerate Long-term Investment Growth Now Act S. 1166, the ALIGN Act H.R. 4073 and S. 1781, the Duty Drawback Clarification Act H.R. 3721, the USPS Shipping Equity Act - legislation to allow USPS to ship beverage alcohol Monitor policy impacting the regulation of CBD Monitor proposals that would legalize marijuana Monitor progress of the farm bill Monitor proposals impacting the recruitment and retention of CDL drivers

Client expense: Not reported · Firm income: Not reported

S. 1706 and H.R. 4721, the Main Street Tax Certainty Act - Preserving 199A deduction S. 1108, the Death Tax Repeal Act - Issues related to the estate tax H.R. 2558, the Accelerate Long-term Investment Growth Now Act S. 1166, the ALIGN Act H.R. 4073 and S. 1781, the Duty Drawback Clarification Act H.R. 3721, the USPS Shipping Equity Act - legislation to allow USPS to ship beverage alcohol Monitor policy impacting the regulation of CBD Monitor proposals that would legalize marijuana Monitor progress of the farm bill Monitor proposals impacting the recruitment and retention of CDL drivers

Client expense: Not reported · Firm income: Not reported

- 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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

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

S 1108 - Death Tax Repeal Act of 2023: all provisions. S 1706 - Main Street Tax Certainty Act: all provisions.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported S. 1706/H.R. 4721, the Main Street Tax Certainty Act of 2023; Supported H.R. 1477/S. 722, the Freedom to Invest in Tomorrows Workforce Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported S. 1706, the Main Street Certainty Act of 2023, which would make permanent Section 199A of the 2017 Tax Cuts and Jobs Act. That provision allows pass through businesses to deduct up to 20 percent of qualifying income. The deduction is currently slated to expire at the end of 2025. Supported H.R. 7024, the Tax Relief for American Families and Workers Act that would make certain business tax deductions for small businesses permanent Generally support extending the provisions in the Tax Cuts and Jobs Act

Client expense: Not reported · Firm income: $7,500

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Oppose tax increases on agribusinesses and farmers Oppose expansion of Net Investment Income Tax (NIIT) Oppose efforts to limit the ability to fully deduct looses during economic downturn by expanding and extending the so-called "excess business loss limitation. Support the Death Tax Repeal Act of 2023 (S. 1108) Support making Section 199A permanent Support the Main Street Tax Certainty Act (S 1706) Support for Generalized System of Preferences (GSP) Reform Act (H.R. 7986) Support extension of key provisions of the 2017 Tax Cuts and Jobs Act that benefit the agricultural industry and their rural communities.

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

Government targets: Agriculture, Dept of (USDA), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

Tax Relief and Reform Tax Cuts and Jobs Act of 2017: Support extending/making permanent the expiring provisions of the legislation that terminate in 2025 and have expressed opposition to raising taxes on small businesses. Submitted comments to the House Ways and Means Tax Working group detailing the benefits of the TCJA and our support for permanency. R&D Tax Credit-Immediate Expensing: Continue to support restoring and making permanent full expensing for R&D expenditures for small businesses. Support "American Innovation and Jobs Act" (S. 866) in the Senate and "American Innovation and R&D Competitiveness Act" (H.R. 2673) in the House. Main Street Tax Certainty Act of 2023 (S. 1706, H.R. 4721): Support House and Senate versions of the legislation to make permanent the 20-percent deduction for small businesses (Section 199A). Death Tax Repeal Act of 2023 (S. 1108): Support House and Senate bills to permanently repeal the death tax and continue to support action by Congress. Regulation Basel III Endgame Implementation: Continue to express concern about the proposal by the U.S. Federal Reserve and Federal Deposit and Insurance Corporation in regard to the impact on small business capital access and affordability. Save Local Businesses Act (S.1261, HR 2826): Continue to support the legislation. Protecting the Right to Organize (PRO) Act (S. 567): Continue to oppose the legislation. The Protect Small Business and Prevent Illicit Financial Activity Act: SBE Council supports S. 3625 to delay implementation of the Corporate Transparency Act and H.R. 9278, legislation to delay the Corporate Transparency Acts year-end compliance deadline. We have also supported repeal of this measure via the "Repeal Big Brother Overreach Act." Consumer Financial Protection Bureaus (CFPBs) Rule Capping Credit-Card Late Fees: Continue to voice concern about the rules unintended consequences for small businesses. Prove-It Act (H.R. 7198): Supported House passage of the legislation. Midnight Rules Relief Act (H.R. 115): Supported House passage of the legislation. The Credit Card Competition Act (S.1838): Continue to oppose the legislation. Railway Safety Act (S. 576): SBE Council continues to express concern about the legislation as well as proposals to intrusively regulate the railroad industry, which is dominated by small businesses. The Small Business Regulatory Reduction Act (H.R. 3995): Continue to support full House passage. The Fishery Improvement to Streamline Untimely Regulatory Hurdles post Emergency Situation Act (FISHES Act): Supported House passage of the legislation. Warehouse Worker Protection Act (S.4260): Opposed the introduction of legislation in the U.S. Senate. DOLs Overtime Rule: Requested Wage and Hour Division to delay implementation of the second increase to the minimum salary threshold as mandated by the Final Rule from January 1, 2025 to at least May 1, 2025 pending judicial review, which was currently underway. Federal Trade Commission: SBE Council commented on the Reopening of Solicitation for Public Comments on Provisions of Franchise Agreements and Franchisor Business Practices {Docket No: FTC-2023-0026) because of its one-size-fits-all approach and that it has been pursued and advanced without empirical data or the required cost-benefit analysis. Moreover, reopening the rule in the hopes of acquiring more anecdote to justify it does not address its primary flaws. Federal Deposit Insurance Corporation: SBE Council submitted comments outlining the unnecessary actions proposed by the Change in Bank Control Act proposal (RIN 3064-AG04). Blacklisting: Expressed opposition to the unrelated blacklisting provision in the Workforce Innovation and Opportunity Act (WIOA). Privacy Policy: Continue to express the need for a national regulatory framework, but for Congress to consider a framework that avoids adding to the growing patchwork burden of state privacy laws, and to carefully consider unintended consequences on small businesses. Access to Capital Expanding Access to Capital Act (H.R. 2799): SBE Council supported House passage and action by the U.S. Senate. Affordable Health Coverage and Health Care Innovation Continue to voice ongoing concerns about the rising costs of health coverage and lack of choices in many markets. Voiced support for these various reforms: enhancing tax credits for small businesses, expanding and making additional fixes to HSAs, reforming QSEHRAs, and making CARESs Act telehealth provisions permanent. CHOICE Arrangement Act (H.R. 2799): Supported House passage and continue to support Senate action on the legislation. Tax Credit for Small Businesses: Support making reforms to the restrictive and temporary health care tax credit for small businesses to make it more practical for small businesses. HSA Modernization Act (H.R. 5687) and Bipartisan HSA Improvement Act (H.R. 5688): Continue to support full House action. Telehealth Expansion Act of 2023 (H.R. 1843) (S. 1001): Continue to support full House and Senate action. Telehealth: Joined allies in urging the Centers for Medicare and Medicaid Services (CMS) to expedite the creation of permanent policy related to telehealth practitioners and requirements related to the reporting of their location at the time of service. Chronic Disease Flexible Coverage Act (H.R. 3800): Supported full House passage and Senate action. Paperwork Burden Reduction Act (H.R. 3797): Supported full House passage and Senate action. Employer Reporting Improvement Act (H.R. 3801): Supported full House passage and Senate action. Small Business Flexibility Act (H.R. 3798): Support full House passage. Custom Health Option and Individual Care Expense Arrangement Act (H.R. 3799): Support full House passage. SMART Prices Act (S. 1264): Continue to oppose the legislation. Property Rights and IP March-In and the Bayh Dole Act: Continue to express opposition to a regulatory guidance proposal via the National Institutes of Health (NIST) that considers price as a basis for invalidating the patents of research and innovations seeded with federal government dollars. Patent Eligibility Restoration Act (S.2140): Support the legislation. Promoting and Respecting Economically Vital American Innovation Leadership Act (PREVAIL Act) (S.2220): Support the legislation. Trade and Global Market Access Digital Trade Principles: Continue to express concern about the U.S. pulling away from these global principles and the need for President Biden to revisit the United State Trade Representatives action to withdraw from for foundational positions on digital trade policy within the World Trade Organization (WTO). Supporting Business Competitiveness and Startup Activity Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy (CREATE) Act (S.3759): Support the legislation. Small Business Technological Advancement Act (S.2330/H.R. 10269): SBE Council supports the legislation. Access to Broadband and Next Gen Technology Rural Internet Improvement Act of 2023 (S.130) (H.R. 3216): Continue to support the legislation. Development of a National Spectrum Strategy (NSS): Continue to express support for such a policy and the need for more spectrum to deploy next Gen technologies and 5G. Nominations National Labor Relations Board Nomination (NLRB): SBE Council opposed the nomination and Senate confirmation of Lauren McFerran to serve another term as Chair of the NLRB.

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

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

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

H.R. 3139 ACRE Act H.R. 4721 Main Street Tax Certainty Act S. 1706 Main Street Tax Certainty Act S. 2371 ACRE Act Extension of Expiring Tax Cuts and Jobs Act Provisions

Client expense: $834,820 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.1440/S.694 - the Modern, Clean and Safe Trucks Act; H.R.1477/S.722 - Freedom to Invest in Tomorrows Workforce Act; H.R.2450 - the Strengthening Supply Chains through Truck Driver Incentives Act; H.R. 4721/ S. 1706 - Main Street Tax Certainty Act; H.R. 7024 - Tax Relief for American Families and Workers Act; H.R. 8578 - Retreaded Truck Tire Jobs, Supply Chain Security and Sustainability Act; H.R. 8915, the Education and Workforce Freedom Act; and S. 1108 / H.R. 7035 - Death Tax Repeal Act; . Tax issues relating to Motor Carrier Tax, Highway Reauthorization, Highway Funding, Fuel Tax, Independent Contractors, Tolling, Heavy Vehicle Use Tax, Federal Highway Trust Fund, Alternative Fuel Tax Credit and the Biodiesel Tax Credit, and the Moving Expense Tax Deduction

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to H.R.6833, Improve and Enhance the Work Opportunity Tax Credit Act, H.R.5761, Opportunity Zones Transparency, Extension, and Improvement Act, H.R.4721/S.1706, Main Street Tax Certainty Act, and H.R.3624/S.3345, Travel Trailer and Camper Tax Parity Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 6833/S. 5370 - Improve and Enhance the Work Opportunity Tax Credit Act H.R. 3665 - Defending American Jobs & Investment Act S. 1706 - Main Street Tax Certainty Act Implementation of the Employee Retention Tax Credit S.1108 - Death Tax Repeal Act of 2023 Tax Extenders (including bonus depreciation) Earned income tax credit, workforce incentives H.R. 9263 - The Supporting Innovation in Agriculture Act Issues related to the expiration of the Tax Cuts and Jobs Act

Client expense: $140,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Housing Affordability and Availability Conversations with the House and Senate on tax policy to support the development of affordable housing and on housing tax incentives. Conversations with the Senate Finance Committee on tax credits to increase the affordable housing supply S.657 - Neighborhood Homes Investment Act S1557 - Affordable Housing Credit Improvement Act to expand low income housing tax credit. HR1321 - More Homes on the Market Act to increase the tax exclusion of gain from the sale of a principal residence and requires an annual inflation adjustment to such increase. Converting Commercial Real Estate to Housing HR419 - Revitalizing Downtowns Act Conversations with the House and Senate about tax incentives for converting commercial real estate to affordable housing. Conversations with the House of Representatives about the Revitalizing Downtowns Act. HR9002 - Revitalizing Downtowns and Main Streets Act to provide an investment credit for converting non-residential buildings to affordable housing. 1031 Like-Kind Exchanges Discussions with the House and Senate in support of the Section 1031 Like-Kind Exchange. Capital Gains Tax HR1312 - More Homes on the Market Act Discussions with the House and Senate on lowering the capital gains tax. IRC Section 121 Conversations with the House and Senate on the IREC Section 121 exclusion increases. Casualty Loss Deduction HR4539 - The Casualty Loss Deduction Restoration Act 199A Deduction S1706 - Main Street Tax Certainty Act Mortgage Debt Forgiveness HR3890 - Mortgage Debt Tax Forgiveness Act Commercial Real Estate Debt Exclusion HR5580 - Saving Our Mainstreet American Locations for Leisure and Shopping Act SALT Act HR1326 - State and local tax deductions HR 7077/SR 3940 The First-Time Homebuyer Tax Credit Act of 2024 Communications with the House and Senate in support of the First-Time Homebuyer Tax Credit. HR7025 - Death Tax Repeal Act

Client expense: $22,840,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Work Opportunity Tax Credit (WOTC). Extension/enhancement of the Employee Retention Tax Credit (ERTC) and ERTC refund improvements. Tax rates, including corporate, individual, small business, and proposed cap on 199A. Net Investment Income Tax (NIIT), estate tax, capital gains, and step-up basis. IRS tax enforcement, and ERTC refund improvements. FICA tax tip credit. Bonus depreciation. Business meals deduction. HIRE Act. H.R. 2788/S. 1232, AIM Act. Service Industry Tip Compliance Agreement program. S. 1706, Main Street Tax Certainty Act. H.R. 4756, Community News and Small Business Support Act. Estate tax repeal proposals. H.R. 7024, Tax Relief for American Families and Workers Act of 2024. H.R. 6833, Improve and Enhance the Work Opportunity Tax Credit Act. H.R. 5689, EITC Age Parity Act of 2023. Service Industry Tip Compliance Agreement (SITCA) program. H.R. 7577, Creating Hospitality Economic Enhancement for Restaurant and Servers. S. 3680, Paid Family and Medical Leave Tax Credit Extension and Enhancement Act. H.R. 8941/S. 4621, No Tax on Tips Act. H.R. 7035/S. 1108, Death Tax Repeal Act.

Client expense: $900,000 · Firm income: Not reported

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

Issues related to section 1031 of the Internal Revenue Code "Like-Kind Exchanges" Issues related to 199A. Issues related to estate tax. Issues related to corporate rate. Issues related to bonus depreciation. Issues related to earnings before interest, taxes, depreciation, and amortization. Issues related to individual and family rates. Issues related to 1099k tax issues. Support of H.R. 7024: the Tax Relief for American Families and Workers Act of 2024. Support of H.R.9002: the Revitalizing Downtowns and Main Streets Act. Support of Opportunity Zones. Support of S.1725: the Red Tape Reduction Act. Tax treatment of tips and related issue. Support of H.R.4721/S.1706: the Main Street Certainty Act.

Client expense: $637,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

American Family Act HR 3899; S.1992 - Child tax credits Social Security 2100 Act H.R. 4583; S. 2280 - Social Security Solvency No Tax Breaks for Outsourcing Act H.R. 774; S.357 - Making changes to various tax provisions that encourage offshoring of jobs No Tax Breaks for Union Busting Act H.R. 5456; S. 737 - Making changes to the tax code to disincentivize writing off expenses related to union busting taxes Billionaire Minimum Income Tax Act H.R. 6498 - Create new taxes billionaires Assuring Medicares Promise Act H.R. 34 - New taxes and changes to ensure Medicare solvency Social Security Expansion Act H.R. 1046; S. 393 - Expand social security benefits For the 99.5 Percent Act H.R. 2676; S. 1178 - Increase tax rates on decedent estates, gifts, and generation skipping transfers Ultra-Millionaire Tax Act H.R. 7749 - New taxes on ultrawealthy individuals Wall Street Tax Act H.R. 4870 - Create a 0.1% excise tax on certain financial transactions such as the purchase of stocks, bonds, and derivative Oligarch Act H.R. 4919 - Create a tax on the net value of all taxable assets of a taxpayer as of the last day of any calendar year Stop Subsidizing Multimillion Dollar Corporate Bonus Act H.R. 324; S. 3155 - Extend the $1 million limit on the deductibility of executive compensation to all employees of publicly traded corporations End Tax Breaks for Dark Money Act H.R. 7244; S. 3743 - Extends the capital gains tax on transfers of appreciated property to certain tax-exempt social organizations (e.g., civics leagues, agricultural organizations, or business leagues) End Polluter Welfare Act H.R. 9839 - Eliminates certain tax breaks and incentives for oil and gas companies Tax on Wall Street Speculation Act H.R. 4119; S. 1990 - Create an excise tax on the transfer of ownership in certain securities (covered transactions), including any share of stock in a corporation; any partnership or beneficial interest in a partnership or trust; any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds); and derivative financial instruments or digital assets End Oil & Gas Tax Subsidies Act H.R. 1483 - Limit or repeal certain fossil fuel oil and gas subsidies for oil companies. Tax Excessive CEO Pay Act H.R. 7041; S. 3620 - Increase the corporate income tax rate based on the ratio of compensation of principal executive officers or other highest compensated employees to median worker compensation Curtailing Executive Overcompensation Act H.R. 6191; S. 3176 - Create an excise tax on employers (i.e., business entities) that have at least a 50 to 1 disparity between the wages (including bonuses, stock awards and options) of chief executive officers and the wages paid to their workers. Applicable to employers that have not less than $100 million in annual gross receipts and $10 million in payroll over a 3 year period and limit such tax to 1% of an employer's gross receipts. Stop Corporate Inversions Act H.R. 8268 ; S. 4275 - Makes changes to corporate taxes to disincentivize offshoring CEO Accountability & Responsibility Act H.R. 1284 - Increases the corporate income tax rate for publicly traded corporations that pay their chief executive officers or highest paid employees more than 100 times the median compensation of all their U.S. employees or that increase the number of contracted or foreign employees. Ending Wall Street Tax Giveaway Act; H.R. 2686 - Modify the tax treatment of carried interest Medicare & Social Security Fair Share Act H.R. 4535 ; S. 1174 - Increase funding for the Social Security and Medicare trust funds by extending the payroll tax on wages, self-employment income, and investment income to taxpayers with earnings exceeding $400,000. Corporate Tax Dodging Prevention Act H.R. 7933; S. 4098 - Makes changes to prevent corporations dodging federal taxes American Innovation & Jobs Act H.R. 2673;S. 866 - Eliminate the five-year amortization requirement for research and experimental expenditures, thus allowing continued expensing of such expenditures in the taxable years in which they are incurred. Death Tax Repeal Act H.R. 7035; S. 1108 - Repeal of the estate and generation-skipping transfer taxes. It also sets forth conforming amendments related to the gift tax. Main Street Tax Certainty Act H.R. 4721; S. 1706 - Makes permanent the tax deduction for qualified business income TCJA Permanency Act H.R. 976 - Makes permanent the Tax Cuts and Jobs Act Saving Gig Economy Taxpayers Act H.R. 190 - This bill modifies requirements for third party settlement organizations to eliminate their reporting requirement with respect to the transactions of their participating payees unless they have earned more than $20,000 on more than 200 separate transactions in an applicable tax period. ALIGN Act H.R. 2406 - This bill makes permanent the expensing of certain new business equipment. Expensing allows the deduction of the full amount of an expense item in the same taxable year. FairTax Act H.R. 25 - This bill creates a national sales tax on the use or consumption in the United States of taxable property or services in lieu of the current income taxes, payroll taxes, and estate and gift taxes. Defending American Jobs & Investment Act H.R. 3665 - provides for the enforcement of remedies against foreign countries that have extraterritorial or discriminatory taxes. Small Business Growth Act H.R. 3661 - This bill increases from $1 million to $2 million to the limitation on expensing of depreciable business assets. It also increases the asset threshold amount used to reduce the expensing limitation. American Investment in Manufacturing Act H.R. 2788 - This bill makes permanent the allowance for depreciation, amortization, or depletion for purposes of determining the income limitation on the tax deduction for business interest. Permanently Repeal the Estate Tax Act H.R. 338 - Repeals the federal estate tax, effective for estates of decedents dying after December 31, 2022. Billionaires Income Tax Act - S. 3367 Imposes new taxes on taxpayers with high incomes Carried Interest Fairness Act - S. 4123 Eliminated Carried Interest loophole Paying a Fair Share Act S. 1173 - Requires an individual taxpayer whose adjusted gross income exceeds $1 million (high-income taxpayer) to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax) Ending the Carried Interest Loophole Act S. 3317 - Ends the carried interest loophole Stock Buyback Accountability Act S. 413 - Increase stock buy back taxes Wall Street Tax Act S. 2491 - Create a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives Stop Subsidizing Giant Mergers Act S.4011 - Eliminates the deferral of tax for shareholders who receive stock through corporate mergers, acquisitions, or transfers involving corporations with annual gross receipts exceeding $500 million over the three preceding taxable year period. Book Minimum Tax Repeal Act S. 1559 - Repeals the 15% alternative tax on the financial statement (i.e., book) income of certain corporations. The tax applies to companies that report over $1 billion in profits to their shareholders. Small Business Growth Act S. 2609 - This bill increases from $1 million to $2.5 million the limitation on expensing of depreciable business assets. It also increases the asset threshold amount used to reduce the expensing limitation. Carbon Aviation Tax Act S. 2378 - Imposes jet fuel taxes on private jets

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

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

Like-Kind Exchanges REIT Tax Modernization Foreign Investment in Real Property Tax Act (FIRPTA) Retail Revitalization Act of 2023 (HR 3749) International Tax Proposals Main Street Tax Certainty Act (S. 1706) Taxable REIT Subsidiary Limit (HR 5275) Modernization of Derivatives Act (MODA) Monitor residential rental issues Monitor health care issues (S. 4503, S. 4804, HR 9156) Monitor lodging issues Infrastructure Proposals

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

31 U.S.C. 5336 - Filed in the 116th Congress as H.R.2513/S.1978 Corporate Transparency Act of 2019. To ensure that persons who form corporations or limited liability companies in the United States disclose the beneficial owners of those corporations or limited liability companies, in order to prevent wrongdoers from exploiting United States corporations and limited liability companies for criminal gain, to assist law enforcement in detecting, preventing, and punishing terrorism, money laundering, and other misconduct involving United States corporations and limited liability companies, and for other purposes; H.R.20/S.567 Richard L. Trumka Protecting the Right to Organize Act of 2023. To amend the National Labor Relations Act, the Labor Management Relations Act, 1947, and the Labor-Management Reporting and Disclosure Act of 1959, and for other purposes; S.866 American Innovation and Jobs Act. To amend the Internal Revenue Code of 1986 to enhance tax benefits for research activities; H.R.1332 Thirty-Two Hour Workweek Act. To amend the Fair Labor Standards Act of 1938 to reduce the standard workweek from 40 hours per week to 32 hours per week, and for other purposes; H.R.4721/S.1706 Main Street Tax Certainty Act. To amend the Internal Revenue Code of 1986 to make permanent the deduction for qualified business income; H.R.3799 CHOICE Arrangement Act/Association Health Plans Act. To amend the Internal Revenue Code of 1986 to provide for health reimbursement arrangements integrated with individual health insurance coverage; H.R.3938 Build It in America Act. To amend the Internal Revenue Code of 1986 to encourage economic growth; H.R.3937 Small Business Jobs Act. To amend the Internal Revenue Code of 1986 to promote the establishment and growth of small businesses; H.R.3936 Tax Cuts for Working Families Act. To amend the Internal Revenue Code of 1986 to rename the standard deduction the guaranteed deduction, and to add a bonus amount to the guaranteed deduction for taxable years 2024 and 2025; H.R.3881/S.1838 Credit Card Competition Act. To amend the Electronic Fund Transfer Act to require the Board of Governors of the Federal Reserve system to prescribe regulations relating to network competition in credit card transactions, and for other purposes; H.R. 4035/S.2623 Protecting Small Business Information Act of 2023. To require the Secretary of the Treasury to harmonize the effective dates of all rules required under the Corporate Transparency Act, and for other purposes; S.1411 Prove It Act of 2023. To amend title 5, United States Code, to require greater transparency for Federal regulatory decisions that impact small businesses, and for other purposes; H.R.7198 Prove It Act of 2024. To amend title 5, United States Code, to require greater transparency for Federal regulatory decisions that impact small businesses, and for other purposes; S.1896 SCORE Act of 2023. To reauthorize the SCORE program, and for other purposes. H.R.2744 Freedom from Government Competition Act of 2023. To require that the Federal Government procure from the private sector the goods and services necessary for the operations and management of certain Government agencies, and for other purposes. H.R.4666 To require the Inspector General of the Small Business Administration to submit a quarterly report on fraud relating to certain COVID-19 loans. H.R.4667 Returning Erroneous COVID Loans Addressing Illegal and Misappropriated Taxpayer Funds (RECLAIM Taxpayer Funds) Act. To require the Administrator of the Small Business Administration to issue guidance and rules for lenders and the Small Business Administration on handling amounts of Paycheck Protection Loans returned by borrowers, and for other purposes. H.R.4668 Providing Opportunities to Show Transparency via Information Technology (POST IT) Act of 2023. To amend the Small Business Act to require the Small Business and Agriculture Regulatory Enforcement Ombudsman to publish guidance documents for certain rules, and for other purposes. H.R.4670 Small Business Contracting Transparency Act of 2023. To amend the Small Business Act to require reporting on additional information with respect to small business concerns owned and controlled by women, qualified HUBZone small business concerns, and small business concerns owned and controlled by veterans, and for other purposes. H.R.5427 To prohibit individuals convicted of defrauding the Government from receiving any assistance from the Small Business Administration, and for other purposes. H.R.4480 Successful Entrepreneurship for Reservists and Veterans (SERV) Act. To require the Administrator of the Small Business Administration to report on the veterans interagency task force, to require the Comptroller General of the United States to report on access to credit for small business concerns owned and controlled by covered individuals, and for other purposes. S.3528 Supporting Disabled Entrepreneurs Act. To amend the Small Business Act to establish the position of Coordinator for Disabled Small Business Concerns within the Office of Diversity, Inclusion and Civil Rights of the Small Business Administration, and for other purposes. H.R.5119/S.3625 Protect Small Businesses and Prevent Illicit Financial Activity Act of 2024. To amend title 31, United States Code, to provide small businesses with additional time to file beneficial ownership information, and for other purposes. H.R.7024 Tax Relief for American Families and Workers Act of 2024. To make improvements to the child tax credit, to provide tax incentives to promote economic growth, to provide special rules for the taxation of certain residents of Taiwan with income from sources within the United States, to provide tax relief with respect to certain Federal disasters, to make improvements to the low-income housing tax credit, and for other purposes. H.R.7668 ADA 30 Days to Comply Act. To amend the Americans with Disabilities Act of 1990 to provide for a remediation period before the commencement of a civil action. H.R.7473 Funding Small Businesses During Shutdown Act. To ensure continued appropriations for certain Small Business Administration programs during a Government shutdown in fiscal year 2024, and for other purposes. H.R.7963 Small Business Red Tape Relief Act of 2024. To amend title 31, United States Code, to require FinCEN to submit to Congress a quarterly report on certain beneficial ownership data. H.R.2590/S.4493 Unlocking Capital for Small Businesses Act of 2024. To amend the Securities Exchange Act of 1934 to create a safe harbor for finders and private placement brokers, and for other purposes. H.R.4764 Coordinated Support for Rural Small Businesses Act. To amend the Small Business Act to enhance the Office of Rural Affairs, and for other purposes. H.R.8132 Balancing Incentives Act of 2024. To amend title 35, United States Code, require a patent owner to consent to the filing of a petition for inter partes review or post-grant review, and for other purposes. H.R.8134 Restoring Americas Leadership in Innovation Act of 2024. To promote the leadership of the United States in global innovation by establishing a robust patent system that restores and protects the right of inventors to own and enforce private property rights in inventions and discoveries, and for other purposes. H.R.8147/S.4297 Repealing Big Brother Overreach Act. To repeal the Corporate Transparency Act. H.R.9278 To amend section 5336 of title 31, United States Code, to provide existing small businesses with an additional year to file beneficial ownership information, and for other purposes. H.R.8033 Regulatory Transparency for Small Businesses Act. To amend title 5, United States Code, to clarify the information required to be included in a certification by an agency that a rule will not have a significant economic impact on a substantial number of small entities. H.R.9031 Assurance for Small Business Act of 2024. To require Federal agency heads to submit a report on the implementation of the Regulatory Flexibility Act, and for other purposes. H.R.9032 Enhanced Regulatory Flexibility Assessment Act. To amend chapter 6 of title 5, United States Code (commonly known as the Regulatory Flexibility Act), to ensure complete analysis of potential impacts on small entities of rules, and for other purposes. H.R.9030 Regulatory Agenda Clarity Act. To amend chapter 6 of title 5, United States Code (commonly known as the Regulatory Flexibility Act), to ensure complete disclosure of an agencys annual regulatory agenda. H.R.9085 Regulatory Review Improvement Act of 2024. To amend title 5, United States Code, to make certain modifications to how agencies conduct periodic reviews of agency rules, and for other purposes. H.R.9033 Let American Businesses be On Record Act of 2024. To amend title 5, United States Code, to apply regulatory flexibility analysis requirements for the Department of Labor. S.5063 Helping Small Businesses To Hedge Risk and Insure against Volatile Expenses Act. To require the Administrator of the Small Business Administration to establish a program to allow small business concerns to purchase certain commodities futures, and for other purposes. H.R.8639/S.4260 Warehouse Worker Protection Act. To establish protections for warehouse workers, and for other purposes. H.R. 10445 Further Continuing Appropriations and Disaster Relief Supplemental Appropriations Act of 2025. Making further continuing appropriations for the fiscal year ending September 30, 2025, and for other purposes. H.R. 10515 American Relief Act of 2025. Making further continuing appropriations for the fiscal year ending September 30, 2025, and for other purposes. H.R. 10545 American Relief Act of 2025. Making further continuing appropriations for the fiscal year ending September 30, 2025, and for other purposes. S.4880 Child Care Workforce Act. To implement or strengthen programs that increase the supply of quality child care services by enhancing the wages of child care workers, and for other purposes. S.4874 Child Care Availability and Affordability Act. To amend the Internal Revenue Code of 1986 to expand the employer-provided child care credit and the dependent care assistance exclusion. H.R. 9595 Federal Improvement in Technology (FIT) Procurement Act. To improve Federal technology procurement, and for other purposes. In addition to contacts associated with the legislation described above: Implementation of the Corporate Transparency Act Small business tax relief Small Business Administration staffing Small Business Administration lending requirements and rules Consumer Financial Protection Bureau lending requirements Federal regulatory reform Federal privacy issues State privacy issues Independent contractor rules Joint employer rules Overtime/White-Collar Exemption rules Noncompete provisions Government funding and shutdown concerns Healthcare and paid leave issues White House Conference on Small Business Yellow Pages Test and government competition with the private sector Commodities markets and small business commodity risks Adherence to and improvement of the Regulatory Flexibility Act (RFA) Adherence to and improvement of the Small Business Regulatory Enforcement Fairness Act (SBREFA) Reauthorization of the Workforce Innovation and Opportunity Act (WIOA) Artificial Intelligence Implementation & Impacts Reducing Monopolistic Business Practices Preparation for the National Defense Authorization Act (NDAA) for Fiscal Year 2025 Preparation for Tax Cuts and Jobs Act provision expirations in 2025 Export and import concerns for small companies Streamlining federal resources and support for access to international markets Accessibility of Federal Awards for small businesses Supply chain stability DOL-OSHA Proposed Rule on Heat Injury and Illness Prevention in Outdoor and Indoor Work Settings SBA Proposed Rule on Increasing Small Business Participation on Multiple Award Contracts DoD-Defense Acquisition Regulations System Proposed Rule on Assessing Contractor Implementation of Cybersecurity Requirements

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

Government targets: Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Natl Labor Relations Board (NLRB), SENATE, Small Business Administration (SBA)

General Issues pertaining to Life Insurance US S. 3367: Billionaires Income Tax Act US S. 1706: Main Street Tax Certainty Act US H.R. 4721: Main Street Tax Certainty Act US S. 1178: For the 99.5 Percent Act US H.R. 2676: For the 99.5 Percent Act

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 1108 - Death Tax Repeal Act S. 1706 - Main Street Tax Certainty Tax Extenders from TCJA LIFO Accounting Water Efficiency Tax Rebates

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 2450, Strengthening Supply Chains Through Truck Driver Incentives Act, allowing certain licensed commercial truck drivers a $7,500 tax credit in a taxable year; H.R. 4721/S.1706, Main Street Tax Certainty Act, making permanent the tax deduction for qualified business income; Preserving the LIFO accounting method of inventory valuation; H.R. 7035/S.1108, the "Death Tax Repeal Act of 2023" repealing the Estate Tax; Support for pro-growth tax reforms/opposition to tax increases on American families & businesses; House and Senate Continuing Resolution, provision to delay the Corporate Transparency Acts (CTA) year-end compliance deadline

Client expense: $242,964 · Firm income: Not reported

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

General Tax Reform;   Inflation Reduction Act Implementation H.R. 976, TCJA Permanency Act S. 866, American Innovation & Jobs Act;   H.R.2673, American Innovation and R&D Competitiveness Act of 2023; H.R. 3940 and S. 657, Neighborhood Homes Investment Act;   H.R. 419 and S. 2511, Revitalizing Americas Downtowns Act;   H.R.4721 and S.1706, Main Street Tax Certainty Act; H.R. 9002 and S.4693, Revitalizing Downtowns and Main Streets Act

Client expense: $520,000 · Firm income: Not reported

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

H.R. 5225, Small Business Tax Parity Act, all provisions. H.R. 4721/S. 1706, Main Street Tax Certainty Act, Provisions related to REITs.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

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

Repealing the federal excise tax on heavy-duty trucks and trailers (H.R. 1440/S. 694, "The Modern, Clean, and Safe Trucks Act") Relief under Section 473 of the Internal Revenue Code for interruptions in LIFO inventories (H.R. 700/S. 443, "The Supply Chain Disruptions Relief Act") Preserve the ongoing availability of LIFO Repeal the estate and generation-skipping transfer taxes, and for other purposes (S.1108, "The Death Tax Repeal Act of 2023") Make permanent the deduction for qualified business income (H.R.4721/S.1706, "Main Street Tax Certainty Act") Proposals, legislation and regulation regarding electric vehicle tax credits and tax credits for electric commercial vehicles Business tax measures, bonus depreciation and interest deductibility (H.R. 7024, "Tax Relief for American Families and Workers Act of 2024") Legislative proposals regarding Section 199A deduction, estate tax, business interest deduction limit, bonus depreciation and maintaining corporate rate and full deductibility of advertising.

Client expense: $1,231,000 · Firm income: Not reported

Government targets: Energy, Dept of, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of

H.R. 4721 Main Street Tax Certainty Act; issues pertaining to Section 199A permanency; provisions and regulations affecting agriculture and farmer cooperatives S. 1706 Main Street Tax Certainty Act; issues pertaining to Section 199A permanency; issues pertaining to agriculture and farmer cooperatives Death Tax Repeal Act of 2024; support for repeal of estate tax; issues pertaining to agriculture and farmer cooperatives OECD Pillar Two Model Rules and Commentary; request certain clarifications regarding the single-tax treatment of U.S. farmer cooperatives under the model rules; issues pertaining to agriculture and farmer cooperatives H.R. 7024 Tax Relief for American Families and Workers Act of 2024; issues pertaining to agriculture and farmer cooperatives Implementation of Code Section 163(j); issues pertaining to agriculture and farmer cooperatives Section 45Z of the Inflation Reduction Act (IRA) tax credit for the domestic production of clean transportation fuels; issues pertaining to agriculture and farmer cooperatives H.R. 10494 Grown in America Act 2024; issues pertaining to agriculture and farmer cooperatives

Client expense: $380,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues related to taxation of cooperatives and pass-through entities. H.R. 4721/S. 1706 - Main Street Tax Certainty Act.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Monitor and engage on federal legislation and administrative action affecting the cement, aggregate, asphalt, and ready mix concrete industries. Monitor and engage on federal legislation and administrative action related to tax issues generally. Monitor and engage on federal legislation and administrative action related to carbon tax issues, including carbon border fees. Monitor and engage on federal legislation and administrative action related to subsidies for low carbon building materials. S. 722, Freedom to Invest in Tomorrows Workforce Act. S. 866, American Innovation and Jobs Act. S. 1706, Main Street Tax Certainty Act. H.R. 1477, Freedom to Invest in Tomorrows Workforce Act. H.R. 2673, American Innovation and R&D Competitiveness Act of 2023. H.R. 4721, Main Street Tax Certainty Act.

Client expense: $360,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

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)

H.R. 2767/S. 1243, Small Business Investment Act of 2023 H.R. 4035, Protecting Small Business Information Act of 2023 H.R. 4721/S. 1706, Main Street Tax Certainty Act of 2023 H.R. 7024, Tax Relief for American Families and Workers Act of 2024 H.R. 7198/S.1411, Prove It Act H.R. 9197, Small Business Artificial Intelligence Advancement Act H.R. 9278, Protect Small Business from Excessive Paperwork Act S. 609, Necessary Entrepreneurship Workshops via the SBA to Transform and Assist Re-entry Training (NEW START) Act of 2023 S. 4638, National Defense Authorization Act for Fiscal Year 2025 Various issues relating to the implementation of the Small Business Administration 7(a) loan program; Paycheck Protection Program (PPP), including loan forgiveness and repayment to loans for existing borrowers; opportunity zones; 199A tax deduction; reauthorization of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs; implementation of the Regulatory Flexibility Act (P.L. 96-354)

Client expense: $22,410,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), SENATE, Small Business Administration (SBA)

Highway Trust Fund Solvency including federal user fees; Infrastructure Funding and Financing; Financial Accounting Standards Board issues; POC method of accounting; Energy Efficiency Tax Incentives including Section 179D; Lookback Accounting; Estate Tax; Pass-through Business Taxation; Section 199A Qualified Business Income Deduction; Excess Business Loss Limitation Rules (Section 461(1)); Employee Retention Tax Credit; S.3746, Death Tax Repeal Act; Implementation of the Infrastructure Investment and Jobs Act; Tax incentives for the purchase of electric vehicles (30D). and commercial electric vehicles; Prevailing wage and apprenticeship requirements associated with tax incentives; Mandatory funding for Internal Revenue Service; Expansion of Net Investment Income Tax; Implementation of the Inflation Reduction Act; FAA Reauthorization of 2023; H.R. 23, the Family and Small Business Taxpayer Protection Act; Section 174, Amortization of research and experimental expenditures; FY 2024 budget tax proposals; Implementation of the CHIPS and Science Act and Advanced Manufacturing Investment Tax Credit; S. 1706/H.R. 4721, Main Street Certainty Act; H.R. 3938, Build It In America Act; H.R. 3937, Small Business Jobs Act; H.R. 3661, Small Business Growth Act; SECURE Act 2.0 implementation; Stop EV Freeloading Act (S. 2882); H.R. 2673, the American Innovation and R&D Competitiveness Act of 2023, and S. 866, the American Innovation and Jobs Act; H.R. 1440 - Modern, Clean, and Safe Trucks Act of 2023; H.R. 1837, the Investing in Our Communities Act; H.R. 7024, the Tax Relief for American Families and Workers Act; Work Opportunity Tax Credit Act; H.R.6833 - Improve and Enhance the Work Opportunity Tax Credit Act; H.R.9461 - USA Workforce Investment Act; H.R.10545 - American Relief Act, 2025

Client expense: $234,000 · Firm income: Not reported

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

S.1108 - Death Tax Repeal Act of 2023; H.R.338 - Permanently Repeal the Estate Tax Act of 2023; H.R.976 - TCJA Permanency Act; H.R.108 - Small Business Prosperity Act of 2023; Issues related to retirement and implementation of S.Con.Res. 14 - A concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2022 and setting forth the appropriate budgetary levels for fiscal years 2023 through 2031; Consolidated Appropriations Act, 2023 (PL 117-328); H.R.2676/S.1178 - For the 99.5 Percent Act; H.R.4721/S.1706 - Main Street Tax Certainty Act; H.R.1979/S.794 - Tax Excessive CEO Pay Act of 2021; Private Placement Life Insurance; H.R.7024 - The Tax Relief for American Families and Workers Act of 2024.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Death Tax Repeal Act S.1108. Main Street Tax Certainty Act. Preserving Family Farms Act S.1706. Stepped-up basis. Like-kind exchanges. Estate tax issues. Capital Gains rates. General small business tax issues. Beginning Agriculturalist Lifetime Employment (BALE) Act HR 541. Tax Cuts for Working Families Act (H.R. 3936. Small Business Jobs Act (H.R. 3937). Tax Cuts & Jobs Act. Exemption of Excise Tax for Non-Highway Feed Delivery Trucks.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

529 Plans. Qualified Improvement Property. Pass-Through Rates. Stepped-up Basis. 3.8% Net Investment Income Tax. Inflation Reduction Act of 2022. Notice of Funding Opportunity (NOFO) CHIPS Incentives Program - Commercial Fabrication Facilities H.R. 3938, the Build It In America Act. Treasury-IRS (Reg) Title: Increased Credit or Deduction Amounts for Satisfying Certain Prevailing Wage and Registered Apprenticeship Requirements (RIN: 1545-BQ54). H.R. 4721/S. 1706: the Main Street Tax Certainty Act. H.R. 4035: the Protecting Small Business Information Act of 2023. S. 1108: the Death Tax Repeal Act of 2023. H.R. 4820: the Transportation, Housing and Urban Development Appropriations Act. Tax Cuts and Jobs Act, generally. H.R. 7024: Tax Relief for American Families and Workers Act of 2024. IRS-Treasury (Reg.) Title: Section 45V Credit for Production of Clean Hydrogen, Section 48(a)(15) Election to Treat Clean Hydrogen Production Facilities as Energy Property (RIN: 1545-BQ97). H.R. 6833: the Improve and Enhance the Work Opportunity Tax Credit Act.

Client expense: $700,000 · Firm income: Not reported

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

Death Tax Repeal Act S.1108 Main Street Tax Certainty Act Preserving Family Farms Act S.1706 Stepped-up basis Like-kind exchanges Estate tax issues Capital Gains rates General small business tax issues - Beginning Agriculturalist Lifetime Employment (BALE) Act HR 541 - Tax Cuts for Working Families Act (H.R. 3936 - Small Business Jobs Act (H.R. 3937) - Basel III Endgame - Corporate Transparency Act 2017 TCJA Reauthorization

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported the Main Street Tax Certainty Act of 2023, legislation to make permanent the 20-percent deduction for small- and individually-owned businesses (Section 199A) (S.1706/HR 4721. Supported the Tax Relief for American Workers and Families Act (HR 7024) to reinstate expired business tax provisions. Supported the Death Tax Repeal Act to permanently repeal the federal estate tax.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE