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Anthony Spadola, a Former Mount Sinai Hospital Employee and Broadcom Voice & Data Inc. Plead Guilty to Bid Rigging

Client Alert | less than 1 min read | 10.09.06

Anthony Spadola, a former information technology manager at Mount Sinai School of Medicine and Mount Sinai hospital, Stephen Cogliano, another former Mount Sinai employee and Broadcom Voice and Data Inc. of New York City, plead guilty to several charges related to a conspiracy to rig bids and allocate contracts for the sale of telecommunications equipment and services to Mount Sinai from January 2001 through October 2004. The Justice Department stated that Spadola and Cogliano received approximately $154,000 in kickbacks from Broadcom to ensure Broadcom was chosen for a portion of Mount Sinai's telecommunications equipment purchases.

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Client Alert | 4 min read | 08.21.25

FLSA Overtime Reporting and Withholding

The One Big Beautiful Bill Act (the Act), signed on July 4, 2025, allows a deduction from an individual’s personal tax return on Form 1040 for “qualified overtime compensation” as defined in new Code § 225. The amount that can be deducted from the employee’s return is capped at $12,500 with the maximum then adjusted down if the employee’s AGI exceeds certain limits. This deduction is permitted in 2025....