California High-Speed Rail: On the Fast Track
Client Alert | less than 1 min read | 05.13.11
The California High-Speed Rail Authority announced this week that USDOT has awarded California $300 million in supplemental high speed rail ("HSR") funding, bringing the state's total dedicated HSR funding to $6.33 billion. California, which has received approximately 40% of all federal HSR funds to date, intends to begin construction in 2012 on what will eventually become an 800-mile statewide HSR system, stretching from Sacramento in the north to San Diego in the south, with this massive infrastructure project funded through a combination of state bonds, federal funding, and public-private partnerships.
Insights
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.
Client Alert | 4 min read | 08.20.25
Client Alert | 15 min read | 08.20.25
Client Alert | 2 min read | 08.19.25
