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DoD Relaxes Cost Rules For Katrina Donated Leave

Client Alert | less than 1 min read | 10.14.05

Under a DoD policy memo issued October 11, 2005 (http://www.acq.osd.mil/dpap/policy/policyvault/2005-1399-DPAP.pdf), the costs of vacation and personal leave – but not sick leave – donated by contractor employees to charitable organizations providing assistance to victims of Hurricane Katrina will be treated as allowable compensation costs rather than unallowable donations. Consistent with parallel guidance from the IRS, the DoD policy applies to payments made to charitable organizations before January 1, 2007.

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Client Alert | 10 min read | 07.03.25

Focus on Transnational Cartels Continues: FinCEN Targets Three Mexican Financial Institutions with Special Measures, Restricting Their Access to U.S. Financial System

The Orders represent FinCEN’s first actions using new special measures authority under the Fentanyl Sanctions Act and FEND Off Fentanyl Act of 2024 (codified at 21 U.S.C. § 2313a) (the “Fentanyl Act”) and continue the Trump Administration’s broader efforts against transnational cartels and narcotics trafficking....