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Taxation/Internal Revenue Code TAX

Legislation involving multistate taxation of employee income - "mobile workforce" (HR 2110). International Tax Provisions/Economic Substance/Patents (S 506/HR 1265). Sec 7216 (confidentiality) and Sec 6994 (preparer regulation and penalty). Modification of information reporting requirements under tax law. Provisions in HR 4213 including employment tax treatment of S Corporations and certain partnerships.

Contacted: Federal Reserve System; SENATE; Federal Deposit Insurance Corporation (FDIC); HOUSE OF REPRESENTATIVES; Internal Revenue Service (IRS); Treasury, Dept of; Securities & Exchange Commission (SEC); Patent & Trademark Office (PTO)

Bills named: H.R. 4213 (111th), H.R. 2110 (111th), H.R. 1265 (111th)

Copyright/Patent/Trademark CPT

Patent reform legislation (including S 515 and HR 1260), particularly in the area of tax patents (HR 2584). HR 1265 and S 506 (Stop Tax Haven Abuse Act, sections regarding tax strategy patents).

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Federal Reserve System; Federal Deposit Insurance Corporation (FDIC); Treasury, Dept of; Patent & Trademark Office (PTO); Internal Revenue Service (IRS)

Bills named: H.R. 1265 (111th), H.R. 2584 (111th), H.R. 1260 (111th)

Law Enforcement/Crime/Criminal Justice LAW

Liability reform including Notice Pleading Restoration Act of 2009 (S 1504), Liability for Aiding and Abetting Securities Violations Act of 2009 (S 1551) and Open Access to Justice Act (HR 4115). Consumer Financial Protection Act (HR 3216).

Contacted: Patent & Trademark Office (PTO); Securities & Exchange Commission (SEC); Internal Revenue Service (IRS); Federal Deposit Insurance Corporation (FDIC); Treasury, Dept of; Federal Reserve System; SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 3216 (111th), H.R. 4115 (111th)

Accounting ACC

Oversight and regulation of the accounting profession including HR 607 (fair value accounting), HR 1212 (Sarbanes-Oxley revisions), HR 1349 (Federal Accounting Oversight Board), HR 1406 (market to market accounting), HR 1797 (Sarbanes-Oxley revisions), HR 1909 (market to market accounting), single audits and particularly in regards to ARRA (HR 1/S 1), HR 3346 (Sarbanes-Oxley Act) and HR 4110 (Comptroller General of GAO to be CPA).

Contacted: Internal Revenue Service (IRS); Federal Reserve System; Patent & Trademark Office (PTO); Federal Deposit Insurance Corporation (FDIC); SENATE; Securities & Exchange Commission (SEC); Treasury, Dept of; HOUSE OF REPRESENTATIVES

Bills named: H.R. 1797 (111th), H.R. 1212 (111th), H.R. 1349 (111th), H.R. 1 (111th), H.R. 4110 (111th), H.R. 607 (111th), H.R. 1909 (111th), H.R. 3346 (111th), H.R. 1406 (111th)

Financial Institutions/Investments/Securities FIN

Regulatory reform of the capital markets (S 664), financial stability plan, and ongoing disbursement of TARP funds. Consumer Financial Protection (HR 3126) particularly revisions related to tax preparation, tax planning and financial advisory services. Financial regulation (HR 4173) and Dodd Financial Regulation Discussion draft. Restoring American Financial Stability Act of 2010 - Senate bill and HR 3763 (FTC Red Flags Rules).

Contacted: Federal Reserve System; SENATE; Federal Deposit Insurance Corporation (FDIC); Patent & Trademark Office (PTO); HOUSE OF REPRESENTATIVES; Internal Revenue Service (IRS); Securities & Exchange Commission (SEC); Treasury, Dept of

Bills named: H.R. 3763 (111th), H.R. 3126 (111th), H.R. 4173 (111th)