Specialties

Being right is essential, but it’s not enough.

The substance of your policy proposal may be flawless, but success in the legislative or regulatory arenas requires a sophisticated advocacy that combines technical expertise, sharp political acumen, and a deep understanding of legislative process and regulatory procedures. These are what determine whether a policy proposal becomes law.

Raffaniello & Associates, LLC offers all of the elements essential for successful advocacy.

For over 25 years, Pat Raffaniello has demonstrated the ability work with Senators, Representatives, and Administrations in bi-partisan efforts that achieve results for our clients. Here is just a sampling of our successful projects.

• Enactment of legislation shortening the depreciation of convenience stores from 39 years to 15 years.
  
• Enactment of legislation reversing the IRS position that computer software did not qualify for export tax incentives under the foreign sales corporation rules.
  
• Promulgation of regulations permitting Prescription Drug Providers (PDPs) to market related Medicare Advantage programs to PDP members.
  
• Enactment of legislation providing a tax credit for mine-safety training and accelerated depreciation of mine-safety equipment.
  
• Enactment of legislation providing a production tax credit for electricity produced from advanced nuclear reactors and the issuance of Treasury guidance maximizing the allocation the nuclear production tax credits to eligible taxpayers.
  
• Enactment of duty suspensions for the importation of certain manufacturing equipment.
  
• Enactment of legislation providing Congressional consent to an interstate low-level radioactive waste disposal compact.
  
• Enactment of a tax credit for wholesalers of distilled spirits to offset the carrying cost of pre-paid federal excise taxes.
  
• Promulgation of IRS guidance allowing certain heavy maintenance on aircraft (commonly referred to as C and D checks) to be expensed rather than capitalized.
  
• Enactment of legislation simplifying the excise taxes on tires and archery equipment.
  
• Enactment of legislation allowing tax credits for the production of fuels from non-conventional sources (Internal Revenue Code sections 29 to 45K) to be carried forward for 20 years.