Defense Base Closure Process Launched
Client Alert | less than 1 min read | 04.13.05
On April 4, the President announced the members of the Defense Base Closure and Realignment Commission (BRAC). Key near-term dates are May 16 for the Pentagon's closure recommendations and September 8 for the BRAC to make its recommendations, ultimately leaving it to the President and Congress to accept or block the entire package.
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
