Calling All Innovators: DIUx Announces Strategic Outreach Plan
Client Alert | less than 1 min read | 12.06.16
On November 30, DIUx participated in a panel hosted by the Center for a New American Security and further described its efforts to shift the acquisition innovation culture from a sole-buyer market headed by DoD into an arena in which nontraditional suppliers can work collectively with military workforce who have insight on the technological vulnerabilities the military currently faces. DIUx announced its intention to host workshops and presentations for nontraditional suppliers who otherwise would be discouraged or intimidated by contracting with the DoD, to work to shorten and/or modify traditional DoD procurement requirements, and to endorse flexible arrangements with nontraditional suppliers.
Insights
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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.
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