Small Business Investment Act of 2025

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $5,250

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).

Client expense: $464,268 · Firm income: Not reported

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

Promotion of angel investment tax credits and exemptions. Promotion of public policy promoting angel capital investments. Implementation of Opportunity Zones. Issues related to carried interest. Issues related to IRC section 1202, Small Business Stock Gains Exclusion. S. 695, Small Business Investment Act of 2025, all provisions. H.R. 1199, Small Business Investment Act of 2025, all provisions.

Client expense: Not reported · Firm income: $12,000

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $5,250

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $5,250

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Promotion of angel investment tax credits and exemptions. Promotion of public policy promoting angel capital investments. Implementation of Opportunity Zones. Issues related to carried interest. Issues related to IRC section 1202, Small Business Stock Gains Exclusion. Tax Relief for American Workers and Families Act as pertaining to R&D deductibility and bonus depreciation. S. 695, Small Business Investment Act of 2025, all provisions. H.R. 1199, Small Business Investment Act of 2025, all provisions.

Client expense: Not reported · Firm income: $12,000

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).

Client expense: $722,908 · Firm income: Not reported

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

H.R. 736, Protect Small Businesses from Excessive Paperwork Act of 2025 H.R. 1163/S. 495, Prove It Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 2528/S. 1847, Association Health Plans Act of 2025 H.R. 3383, Incentivizing New Ventures and Economic Strength Through Capital Formation (INVEST) Act of 2025 H.R. 3898, Promoting Efficient Review for Modern Infrastructure Today (PERMIT) Act H.R. 4305, Destroying Unnecessary, Misaligned, and Prohibitive (DUMP) Red Tape Act H.R. 4366, Save Local Businesses Act H.R. 4776, Standardizing Permitting and Expediting Economic Development (SPEED) Act H.R. 5371, Continuing Appropriations and Extensions for Fiscal Year 2026 S. 300, Disaster Loan Accountability and Reform Act (DLARA) S. 1261, American Franchise Act Various issues relating to the implementation of the Small Business Administration 7(a) loan program; opportunity zones; 199A tax deduction; reauthorization of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs; fairness in federal contracts for small businesses; implementation of the Regulatory Flexibility Act (P.L. 96-354); implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021 (P.L. 116-283); implementation of the One Big Beautiful Bill Act, (P.L. 119-21); small business tariff relief

Client expense: $17,960,000 · Firm income: Not reported

H.R. 33/S. 199, United States-Taiwan Expedited Double-Tax Relief Act H.R. 574/S. 187, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 684, Protecting American Savers and Retirees Act H.R. 703/S. 213, Main Street Tax Certainty Act H.R. 1062, Growing and Preserving Innovation in America Act of 2025 H.R. 1177/S. 492, Improve and Enhance the Work Opportunity Tax Credit Act H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 1301/S. 587, Death Tax Repeal Act H.R. 1347/S. 559, American Investment in Manufacturing and Main Street (AIMM) Act H.R. 1801/S. 772, Employer Participation in Repayment Act H.R. 1827/S. 847, Child Care Availability and Affordability Act H.R. 1990, American Innovation and R&D Competitiveness Act of 2025 H.R. 2089/S. 1839, Generating Retirement Ownership through Long-Term Holding H.R. 2777/S. 1371, S-CAP Act of 2025 H.R. 6055/S. 1642, Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act H.R. 6231/S. 5370, Improve and Enhance the Work Opportunity Tax Credit Act H.R. 6506, Taxpayer Due Process Enhancement Act S. 615, Chemical Tax Repeal Act S. 796, Book Minimum Repeal Tax S. 1443, Mobile Workforce State Income Tax Simplification Act of 2025 S. 1605, International Competition for American Jobs Act S. 1642, Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act H.J.Res. 65, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Rules for Supervisory Approval of Penalties Draft legislation titled Child Care Tax Benefit Outreach and Assistance Act Proposed Rule, Department of the Treasury, Internal Revenue Service: Excise Tax on Repurchase of Corporate Stock (89 Fed. Reg. 25,980, April 12, 2024) Final Rule, Department of the Treasury, Internal Revenue Service: Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income, T.D. 9959, (87 Fed. Reg. 276, January 4, 2022) as corrected by (87 Fed. Reg. 45,018-45,021, July 27, 2022) 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)(as corrected by 89 Fed. Reg. 104,909, December 26, 2024) Final Rule, Department of the Treasury, Internal Revenue Service: Rules Regarding Certain Disregarded Payments and Dual Consolidated Losses, T.D. 10026, (90 Fed. Reg. 3,003-3,021, January 14, 2025) Various issues relating to conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; work opportunity tax credit; 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, (P.L. 117-169); implementation and administration of the major business and international tax provisions in the One Big Beautiful Bill Act (Pub. L. No. 119-21); 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); IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021; Digital Services Taxes (DSTs); expansion of the list of preventive care benefits that may be provided by a high-deductible health plan (HDHP); potential efforts to increase income tax rates; reinstatement of the earnings before interest, tax, depreciation, and amortization (EBITDA) standard for business interest deductions; implementation of the One Big Beautiful Bill Act, (P.L. 119-21); potential U.S. legislative and administrative responses 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; advancing the proposed side-by-side solution described in the G7 Statement on Global Minimum Taxes of June 28, 2025; withdrawal or suspension of the Financial Accounting Standards Boards Accounting Standards Update 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures; opposing the extraterritorial application of Australias new public country-by-country reporting (PCBCR) regime to U.S. companies; tax enforcement practices of Mexicos Tax Administration Service; Financial Accounting Standards Board (FASB), Accounting Standards Update 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $5,250

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $6,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

Client expense: Not reported · Firm income: $6,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1, One Big Beautiful Bill Act H.R. 736, Protect Small Businesses from Excessive Paperwork Act of 2025 H.R. 1163/S. 495, Prove It Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 2528/S. 1847, Association Health Plans Act of 2025 S. 300, Disaster Loan Accountability and Reform Act (DLARA) Various issues relating to the implementation of the Small Business Administration 7(a) loan program; 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); implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021 (P.L. 116-283); implementation of the One Big Beautiful Bill Act, (P.L. 119-21)

Client expense: $13,650,000 · Firm income: Not reported

H.R. 1, One Big Beautiful Bill Act H.R. 33/S. 199, United States-Taiwan Expedited Double-Tax Relief Act H.R. 137, TCJA Permanency Act H.R. 574/S. 187, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 684, Protecting American Savers and Retirees Act H.R. 703/S. 213, Main Street Tax Certainty Act H.R. 1062, Growing and Preserving Innovation in America Act of 2025 H.R. 1177/S. 492, Improve and Enhance the Work Opportunity Tax Credit Act H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 1301/S. 587, Death Tax Repeal Act H.R. 1347/S. 559, American Investment in Manufacturing and Main Street (AIMM) Act H.R. 1801/S. 772, Employer Participation in Repayment Act H.R. 1827/S. 847, Child Care Availability and Affordability Act H.R. 1990, American Innovation and R&D Competitiveness Act of 2025 H.R. 2089/S. 1839, Generating Retirement Ownership through Long-Term Holding S. 615, Chemical Tax Repeal Act S. 796, Book Minimum Repeal Tax S. 1443, Mobile Workforce State Income Tax Simplification Act of 2025 S. 1605, International Competition for American Jobs Act S. 1639, American Innovation and Jobs Act S. 1642, Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act S. 1821, Tackling Predatory Litigation Funding Act H.J.Res. 65, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Rules for Supervisory Approval of Penalties Draft legislation responding to the Supreme Court of the United States decision in Commissioner v. Zuch Proposed Rule, Department of the Treasury, Internal Revenue Service: Excise Tax on Repurchase of Corporate Stock (89 Fed. Reg. 25,980, April 12, 2024) Final Rule, Department of the Treasury, Internal Revenue Service: Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income, T.D. 9959, (87 Fed. Reg. 276, January 4, 2022) (as corrected by 87 Fed. Reg. 45,018-45,021, July 27, 2022) 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, 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) (as corrected by 89 Fed. Reg. 104,909, December 26, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Source of Income from Cloud Transactions (90 Fed. Reg. 3,075-3,085, January 14, 2025) Various issues relating to pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; work opportunity tax credit; 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, (P.L. 117-169); 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); IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021; Digital Services Taxes (DSTs); expansion of the list of preventive care benefits that may be provided by a high-deductible health plan (HDHP); potential efforts to increase income tax rates; reinstatement of the earnings before interest, tax, depreciation, and amortization (EBITDA) standard for business interest deductions; implementation of the One Big Beautiful Bill Act, (P.L. 119-21); permanently extending and improving the temporary business, international, and estate tax provisions enacted as part of the 2017 Tax Cuts and Jobs Act, (P.L. No. 115-97); 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 and administrative responses 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; federal income tax treatment of employer-provided health insurance coverage; challenging the undertaxed profit rule (UTPR) established by Council Directive (EU) 2022/2523 of December 14, 2022; realizing the proposed side-by-side solution described in the G7 Statement on Global Minimum Taxes of June 28, 2025; delay or withdrawal of Financial Accounting Standards Boards (FASB) ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures; opposing the extraterritorial application of Australias new public country-by-country reporting (PCBCR) regime to U.S. companies; potential inclusion of Tackling Predatory Litigation Funding Act in Senate Finance Committees budget reconciliation (section 70605)

S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).

Client expense: $648,117 · Firm income: Not reported

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

Promotion of angel investment tax credits and exemptions. Promotion of public policy promoting angel capital investments. Implementation of Opportunity Zones. Issues related to carried interest. Issues related to IRC section 1202, Small Business Stock Gains Exclusion. Tax Relief for American Workers and Families Act as pertaining to R&D deductibility and bonus depreciation. S. 695, Small Business Investment Act of 2025, all provisions. H.R. 1199, Small Business Investment Act of 2025, all provisions. H.R. 1, One Big Beautiful Bill Act, provisions relating to taxes on capital gains for early start-up companies.

Client expense: Not reported · Firm income: $18,000

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

H.R. 1, One Big Beautiful Bill Act; Tax policy to support the innovation ecosystem, centered around qualified small business stock (H.R. 1199/S. 695), research and development (H.R. 1990), net operating losses, carried interest--IRC code Retirement investment in private assets--Tax-favored retirement accounts

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S. 445, The Carried Interest Fairness Act of 2025; H.R. 1091, The Carried Interest Fairness Act; S. 695, The Small Business Investment Act of 2025; H.R. 1199, The Small Business Investment Act of 2025; S. 866, The American Innovation and Jobs Act of 2025; H.R. 1990, The American Innovation and R&D Competitiveness Act of 2025; H.R. 1, The One Big Beautiful Bill Act of 2025; Public Law No. 115-97 (The Tax Cuts and Jobs Act); Energy Tax Credits included in Public Law No. 117-169 (The Inflation Reduction Act).

Client expense: $882,918 · Firm income: Not reported

H.R. 1, One Big Beautiful Bill Act H.R. 703/S. 213, Main Street Tax Certainty Act of 2025 H.R. 736, Protect Small Businesses from Excessive Paperwork Act of 2025 H.R. 787, Plain Language in Contracting Act H.R. 798, Transparency and Predictability in Small Business Opportunities Act H.R. 936, Protect Small Business from Excessive Paperwork Act H.R. 1163/S. 495, Prove It Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 1634, Think DIFFERENTLY About Disability Employment Act H.R. 1642, Connecting Small Businesses with Career and Technical Education Graduates Act S. 300, Disaster Loan Accountability and Reform Act (DLARA) 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); implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021 (P.L. 116-283)

Client expense: $19,340,000 · Firm income: Not reported

H.R. 1, One Big Beautiful Bill Act H.R. 33/S. 199, United States-Taiwan Expedited Double-Tax Relief Act H.R. 137, TCJA Permanency Act H.R. 574/S. 187, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 684, Protecting American Savers and Retirees Act H.R. 703/S. 213, Main Street Tax Certainty Act H.R. 1062, Growing and Preserving Innovation in America Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 1301/S. 587, Death Tax Repeal Act H.R. 1347/S. 559, American Investment in Manufacturing and Main Street (AIMM) Act H.R. 1801/S. 772, Employer Participation in Repayment Act H.R. 1827/S. 847, Child Care Availability and Affordability Act H.R. 1990, American Innovation and R&D Competitiveness Act of 2025 H.R. 2089/S. 1839, Generating Retirement Ownership through Long-Term Holding H.R. 3512/S. 1821, Tackling Predatory Litigation Funding Act S. 615, Chemical Tax Repeal Act S. 796, Book Minimum Repeal Tax S. 847, Child Care Availability and Affordability Act S. 1443, Mobile Workforce State Income Tax Simplification Act of 2025 S. 1605, International Competition for American Jobs Act S. 1639, American Innovation and Jobs Act S. 1642, Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act 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 H.J.Res. 65, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Rules for Supervisory Approval of Penalties Draft legislation titled Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act Nomination of Billy Long to be Commissioner of the Internal Revenue Service (IRS) Nomination of Kenneth Kies to be Assistant Treasury Secretary for Tax Policy Proposed Rule, Department of the Treasury, Internal Revenue Service: Excise Tax on Repurchase of Corporate Stock (89 Fed. Reg. 25,980, April 12, 2024) Final Rule, Department of the Treasury, Internal Revenue Service: Guidance Related to the Foreign Tax Credit; Clarification of Foreign-Derived Intangible Income, T.D. 9959, (87 Fed. Reg. 276, January 4, 2022) as corrected by (87 Fed. Reg. 45,018-45,021, July 27, 2022) 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, 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) (as corrected by 89 Fed. Reg. 104,909, December 26, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Source of Income from Cloud Transactions (90 Fed. Reg. 3,075-3,085, January 14, 2025) 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; 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, (P.L. 117-169); 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); expiration of provisions from the 2017 Tax Cuts and Jobs Act; tax policy priorities for 2025; excise tax on stock buybacks; IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021; inclusion of Section 45Q - Credit for Carbon Oxide Sequestration under the Inflation Reduction Act of 2022 (P.L. 117-169) in FY25 Budget; Digital Services Taxes (DSTs); expansion of the list of preventive care benefits that may be provided by a high-deductible health plan (HDHP); potential efforts to increase income tax rates; reinstatement of the earnings before interest, tax, depreciation, and amortization (EBITDA) standard for business interest deductions; permanently extending and improving the temporary business, international, and estate tax provisions enacted as part of the 2017 Tax Cuts and Jobs Act, (P.L. No. 115-97); 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; Federal income tax treatment of employer-provided health insurance coverage; challenging 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; proposals for third party litigation funders to pay tax on their income at the ordinary income tax rate plus a surcharge

H.R. 1, One Big Beautiful Bill Act; Tax policy to support the innovation ecosystem, centered around qualified small business stock (H.R. 1199/S. 695), research and development (H.R. 1990), net operating losses, carried interest--IRC code Retirement investment in private assets--Tax-favored retirement accounts

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Promotion of angel investment tax credits and exemptions. Promotion of public policy promoting angel capital investments. Implementation of Opportunity Zones. Issues related to carried interest. Issues related to IRC section 1202, Small Business Stock Gains Exclusion. Tax Relief for American Workers and Families Act as pertaining to R&D deductibility and bonus depreciation. S. 695, Small Business Investment Act of 2025, all provisions. H.R. 1199, Small Business Investment Act of 2025, all provisions. H.R. 1, One Big Beautiful Bill Act, provisions relating to taxes on capital gains for early start-up companies.

Client expense: Not reported · Firm income: $18,000

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

H.R. 703/S. 213, Main Street Tax Certainty Act of 2025 H.R. 736, Protect Small Businesses from Excessive Paperwork Act of 2025 H.R. 1163/S. 495, Prove It Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 S. 300, Disaster Loan Accountability and Reform Act (DLARA) S. 371, SBA Disaster Transparency Act Nomination of Kelly Loeffler to be Administrator of the U.S. Small Business Administration (SBA) 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); implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021 (P.L. 116-283)

Client expense: $19,340,000 · Firm income: Not reported

H.R. 33/S. 199, United States-Taiwan Expedited Double-Tax Relief Act H.R. 137, TCJA Permanency Act H.R. 574/S. 187, Accelerate Long-term Investment Growth Now (ALIGN) Act H.R. 684, Protecting American Savers and Retirees Act H.R. 703/S. 213, Main Street Tax Certainty Act H.R. 1062, Growing and Preserving Innovation in America Act of 2025 H.R. 1199/S. 695, Small Business Investment Act of 2025 H.R. 1301/S. 587, Death Tax Repeal Act H.R. 1347/S. 559, American Investment in Manufacturing and Main Street (AIMM) Act H.R. 1827, Child Care Availability and Affordability Act H.R. 1990, American Innovation and R&D Competitiveness Act of 2025 H.R. 2089, Generating Retirement Ownership through Long-Term Holding S. 615, Chemical Tax Repeal Act S. 796, Book Minimum Repeal Tax S. 847, Child Care Availability and Affordability Act S. 1559, Book Minimum Tax Repeal Act H.J.Res. 65, Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to Rules for Supervisory Approval of Penalties Draft legislation titled Strengthening Essential Manufacturing and Industrial (SEMI) Investment Act 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)(as corrected by 89 Fed. Reg. 104,909, December 26, 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, December 2, 2024) Proposed Rule, Department of the Treasury, Internal Revenue Service: Source of Income from Cloud Transactions, (90 Fed. Reg. 3,075-3,085, January 14, 2025) 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, (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 2024-2025 Priority Guidance Plan (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; excise tax on stock buybacks; IRS Notice 2023-64 on Corporate Alternative Minimum Tax Implementation; implementation of the Corporate Transparency Act (CTA) under the National Defense Authorization Act for Fiscal Year 2021; inclusion of Section 45Q - Credit for Carbon Oxide Sequestration under the Inflation Reduction Act of 2022 (P.L. 117-169) in FY25 Budget; permanently extending and improving the temporary business, international, and estate tax provisions enacted as part of the 2017 Tax Cuts and Jobs Act, (P.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; Federal income tax treatment of employer-provided health insurance coverage; challenging 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

Tax policy to support the innovation ecosystem, centered around qualified small business stock (H.R. 1199/S. 695--Small Business Investment Act of 2025), research and development (H.R. 1990--American Innovation and R&D Competitiveness Act of 2025), net operating losses, carried interest--IRC code Retirement investment in private assets--Tax-favored retirement accounts

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Promotion of angel investment tax credits and exemptions. Promotion of public policy promoting angel capital investments. Implementation of Opportunity Zones. Issues related to carried interest. Issues related to IRC section 1202, Small Business Stock Gains Exclusion. Tax Relief for American Workers and Families Act as pertaining to R&D deductibility and bonus depreciation. S. 695, Small Business Investment Act of 2025, all provisions. H.R. 1199, Small Business Investment Act of 2025, all provisions.

Client expense: Not reported · Firm income: $18,000

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of

Supported nomination of Kelly Loeffler to serve as Administrator of the Small Business Administration. Supported H.R. 1199/S.695, the Small Business Investment Act of 2025," which would dramatically increase private sector investment in American small businesses by rewarding investors for supporting small business. Supported S. 495 /H.R. 1163, the "Prove It Act," which seeks to reduce burdensome regulations for small businesses by empowering them to petition federal agencies to review proposed regulations that impact small businesses.

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE