AICPA ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS for AICPA ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS

Health Issues HCR

Association Health Plans (RIN 210-AB85)

Contacted: Government Accountability Office (GAO); SENATE; Internal Revenue Service (IRS); HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Treasury, Dept of; Financial Crimes Enforcement Network (FinCEN)

Government Issues GOV

Federal government financial statements, H Con Res 8.; Grant Reporting Efficiency and Agreements Transparency Act of 2018 (GREAT Act), H.R. 4887

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Treasury, Dept of; Financial Crimes Enforcement Network (FinCEN); Labor, Dept of (DOL); Government Accountability Office (GAO); Internal Revenue Service (IRS)

Bills named: H.R. 4887 (115th), H.Con.Res. 8 (115th)

Immigration IMM

STEM and mobility of high skilled labor.

Contacted: Treasury, Dept of; SENATE; Financial Crimes Enforcement Network (FinCEN); Labor, Dept of (DOL); HOUSE OF REPRESENTATIVES; Internal Revenue Service (IRS); Government Accountability Office (GAO)

Accounting ACC

Issues impacting the accounting and auditing profession; Reforms to Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L.111-203) and Sarbanes-Oxley Act (Pub.L.107-204), Financial CHOICE Act, H.R. 10; Economic Growth, Regulatory Relief, and Consumer Protection Act S.2155; Financial Transparency Act, specifically data transparency standards requirements, HR1530; Formation agent and related beneficial ownership issues. Independence of accounting standard setting; Small Business Audit Correction Act of 2018, H.R. 6021; John S. McCain National Defense Authorization Act for Fiscal Year 2019, H.R. 5515.

Contacted: Internal Revenue Service (IRS); Labor, Dept of (DOL); Government Accountability Office (GAO); Financial Crimes Enforcement Network (FinCEN); HOUSE OF REPRESENTATIVES; SENATE; Treasury, Dept of

Bills named: S. 2155 (115th), H.R. 10 (115th), H.R. 6021 (115th), H.R. 1530 (115th), H.R. 5515 (115th)

Copyright/Patent/Trademark CPT

Patent reform and ICANN domain name. Secure test registration procedures.

Contacted: Financial Crimes Enforcement Network (FinCEN); Government Accountability Office (GAO); Treasury, Dept of; SENATE; HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Internal Revenue Service (IRS)

Taxation/Internal Revenue Code TAX

Issues impacting multiple areas of the tax law and code including, tax reform implementation and technical corrections; P.L.115-97; INVEST Act of 2017, S. 1144 (domestic, tax-exempt and international); Tax disaster relief, National Disaster Tax Relief Act of 2017, H.R. 3679; Disaster Tax Relief and Airport and Extension Act of 2017, H.R. 3823; Technical corrections, Consolidated Appropriations Act of 2018, P.L. 115-141; Tax administration and compliance (streamlined critical pay authority, penalty relief, taxpayer service, transcript processing change, IRS modernization and the Taxpayer First Act, H.R. 5444); Identity theft; Identifying and Reducing Tax Regulatory Burdens, Executive Order 13789; IRS and Treasury Priority Guidance Plan; Tax Reform 2.0 - Protecting Family and Small Business Tax Cuts Act of 2018, H.R. 6760, American Innovation Act of 2018, H.R. 6756, and Family Savings Act of 2018, H.R. 6757; Tax preparer issues (including IRS regulation of tax return preparers); Protecting Taxpayer Act, H.R. 3278; Partnership tax issues (including the centralized partnership audits regime and targeted capital accounts and disguised sales); Mobile Workforce State Income Tax Simplification Act of 2017, HR 1393 and S 540; Identifying and Reducing Tax Regulatory Burdens, Executive Order 13789; Section 2704 valuation discount regulations; Section 958 Attribution Rules; Section 965 Transition Tax; Form 5471 Filing Requirements; Section 199A, Qualified Business Income; IRS Determination Letter Program; IRS 5263C letters on identity verification for estates and trusts; Virtual Currency.

Contacted: Treasury, Dept of; HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Internal Revenue Service (IRS); Government Accountability Office (GAO); SENATE; Financial Crimes Enforcement Network (FinCEN)

Bills named: H.R. 3278 (115th), H.R. 3679 (115th), S. 1144 (115th), H.R. 3823 (115th), H.R. 6757 (115th), H.R. 6756 (115th), H.R. 6760 (115th), H.R. 5444 (115th), H.R. 1393 (115th)

Labor Issues/Antitrust/Workplace LBR

Antitrust liability issues and occupational licensing reform, Occupational Licensing Board Anti-trust Damages Relief and Reform Act, H.R. 6515; Employer reporting under EEOC rules; Overtime rule.

Contacted: SENATE; Financial Crimes Enforcement Network (FinCEN); Labor, Dept of (DOL); Internal Revenue Service (IRS); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Government Accountability Office (GAO)

Bills named: H.R. 6515 (115th)

Trade (domestic/foreign) TRD

North American Free Trade Agreement (NAFTA)

Contacted: HOUSE OF REPRESENTATIVES; Labor, Dept of (DOL); Financial Crimes Enforcement Network (FinCEN); Treasury, Dept of; Internal Revenue Service (IRS); Government Accountability Office (GAO); SENATE