• Issues impacting the accounting and auditing profession; PCAOB matters, including disciplinary proceedings, legislation related to the Sarbanes Oxley Act sec. 404(b) (H.R. 2603), Holding Foreign Companies Accountable Act, The Trusted Foreign Auditing Act of 2023 (H.R. 6769 / S. 3494), and proposed amendments to Auditing Standards related to a Companys noncompliance with Laws and Regulations; Implementation of the Corporate Transparency Act; Anti-money laundering provisions including gatekeeper requirements; SEC custody rule updates; ECIP clarification on auditor controls attestation requirement; Digital assets and crypto currency draft legislation; RECOUP Act of 2023 (S. 2190); Group-of-plans consolidated audit; NDAA issues related to conflicts of interest; Issues related to Artificial Intelligence (AI) accountability and attest; Independence of accounting standard setting.
• General issues related to multiple areas of the tax law and code including: Legislative proposals on tax simplification and technical tax changes; Individual, S corporation, partnership, trust and estate implementation issues in the Tax Cuts and Jobs Act, P.L.115-97, including SALT cap passthrough entity-level taxes; Virtual currency and digital assets reporting, including section 6045 broker basis reporting; Disaster relief, including the Filing Relief for Natural Disasters Act (H.R. 3861 / S. 1815), the Casualty Loss Deduction Restoration Act (H.R. 4539), the Federal Disaster Responsibility Act (H.R. 5343 / S. 2721), and the Disaster Tax Lookback Parity Act of 2024; 529 plan expansion legislation, the Freedom to Invest in Tomorrows Workforce Act (H.R. 1477 / S. 7.22); Energy tax credits; Excise tax on repurchases of corporate stock; IRS priority guidance plan; E-signature; Tax administration issues, including appeals, first-time abatement penalty relief, electronic filing, regulation of tax return preparers, credit and refund lookback period, mailbox rule for electronic submissions and payments and the Electronic Communications Uniformity Act (S. 1338), IRS user fees, IRS Form 1099-K reporting and the Saving Gig Economy Taxpayers Act (H.R. 190) and the Red Tape Reduction Act (S. 1761), IRS strategic operating plan, contingency plan for possible government shutdown, extension simplification and the Simplify Automatic Filing Extensions (SAFE) Act of 2023 (H.R. 3566), filing flexibility, quarterly estimated payments and the Tax Deadline Simplification Act (H.R. 3708); Trust and estate issues, including foreign trust reporting, domestic grantor trust reporting, generation-skipping transfer taxes, and section 645; Mobile workforce and state income tax simplification issues; State remote sales tax issues; Methods and periods issues, including section 174 research and experimentation expensing and the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) the American Innovation and Jobs Act (S. 866) and the American Innovation and R&D Competitiveness Act of 2023 (H.R. 2673) and other expired and expiring provisions, section 473 relief including the Supply Chain Disruptions Relief Act (H.R. 700 / S. 443), credit for increasing research activities, and automatic changes in methods of accounting, including change to required section 174 method; Corporate taxation issues, including the corporate alternative minimum tax and the Book Minimum Tax Repeal Act (H.R. 3210 / S. 1559); Partnership taxation issues; S corporation taxation issues, including inadvertent terminations, F reorganizations; Employee benefits tax issues, including implementation of and technical corrections to SECURE 2.0, remote work environment, the employee retention credit, and executive compensation; Exempt organization issues, including donor-advised funds; International Code of Ethics for Professional Accountants (IESBA) rules on tax planning and related services; International tax issues, including dual residents reporting, income and currency gain or loss, report of foreign bank and financial accounts reporting extensions for disasters, and OECD Pillar One and Pillar Two issues; Individual tax issues, including section 461(l) excess business losses of noncorporate taxpayers; Taxpayer digital privacy issues; Beneficial ownership information reporting issues, including the Protecting Small Business Information Act of 2023 (H.R. 4035 / S. 2623); Emergency Capital Investment Program, Quarterly Supplemental Reporting; Taxpayer privacy.
• Adding accounting to STEM definition (H.R. 3541 / S. 1705); Definition of in-demand occupation.
• Federal government financial statements: Fiscal State of the Nation Resolution (H.Con.Res. 46 / S.Con.Res. 10)
• Antitrust liability issues and occupational licensing reform. Issues related to registered apprenticeship programs, S. 83, the American Apprenticeship Act

Duration: January 1, 2017 to present

General Issues: Accounting, Taxation/Internal Revenue Code, Education, Government Issues, Labor Issues/Antitrust/Workplace, Disaster Planning/Emergencies, Retirement, Copyright/Patent/Trademark, Immigration, Trade (Domestic & Foreign), Health Issues, Banking, Financial Institutions/Investments/Securities

Spending: about $37,290,000 (But it's complicated. Here's why.)

It can be tricky to figure out how much an organization spent on a particular lobbying engagement. The law only requires lobbyists to report the amount they were paid for federal lobbying each quarter rounded to the nearest $10,000—and if it's less than $3,000 in a given quarter (or less than $13,000 for organizations with in-house lobbyists), they don't have to disclose it at all. Plus, some organizations include spending that doesn’t belong in the report—for instance, money spent lobbying state governments or other legal work.

Agencies lobbied since 2017: U.S. Senate, House of Representatives, Treasury - Dept of, Securities & Exchange Commission (SEC), Natl Telecommunications & Information Administration (NTIA), Internal Revenue Service (IRS), Labor - Dept of (DOL), Government Accountability Office (GAO), Financial Crimes Enforcement Network (FinCEN), White House Office, Office of Management & Budget (OMB), Defense - Dept of (DOD), Environmental Protection Agency (EPA), Small Business Administration (SBA), Education - Dept of, Federal Reserve System, Patent & Trademark Office (PTO)

Affiliated organizations: AICPA American Institute of Certified Public Accountants; American Institute of Certified Public Accountants; American Institute of CPAs