Consortium Awarded $30 Million for Manufacturing Pilot Program
Client Alert | 1 min read | 08.23.12
On August 16, the Obama administration announced both a $30 million award that may serve as a model for future partnerships geared towards manufacturing innovation to the National Additive Manufacturing Innovation Institute (NAMII) and a "pilot" program for the Administration's National Network of Manufacturing Innovation plan to invest $1 billion "to catalyze a national network of up to 15 manufacturing innovation institutes around the country." NAMII, which was selected in response to a Broad Agency Announcement solicitation, is a consortium including dozens of major government contractors and manufacturing firms, universities, and non-profit organizations which will "co-invest" $40 million to develop additive manufacturing technology (a process by which products and components are manufactured more efficiently using digital models).
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
