Compensation Caps Rule Finalized
Client Alert | less than 1 min read | 11.02.16
On September 30, 2016, a more than two-year-old interim rule on the allowable cost limits of contractor and subcontractor employee compensation became final. Under this rule, which "applies to costs incurred on contracts award on or after June 24, 2014," compensation costs are capped at $487,000 (adjusted annually in accordance with the Employment Cost Index), though agencies may establish narrow exceptions for "scientists, engineers, or other specialists."
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Client Alert | 3 min read | 07.13.26
Amici Rally Behind Liberty Global, Urging Tenth Circuit to Rein in Economic Substance Doctrine
Following the 10th Circuit's April 21, 2026, decision affirming the disallowance of Liberty Global’s $2.4 billion deduction under the codified economic substance doctrine, I.R.C. § 7701(o), Liberty Global filed a petition for panel rehearing or rehearing en banc on June 5, 2026. That petition has since drawn significant amicus support from various industry groups representing large taxpayers, as discussed below.
Client Alert | 2 min read | 07.13.26
Department of War Immediately Suspends CMMC Phase II Requirements, Launches 60-Day Reform Review
Client Alert | 3 min read | 07.10.26
Client Alert | 5 min read | 07.10.26
