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DOD to Pay All Small Businesses Faster

Client Alert | less than 1 min read | 05.02.11

DOD issued an interim rule on Wednesday, April 27, 2011, changing the Defense Federal Acquisition Regulation Supplement to accelerate payments for all small business concerns. Previously, DOD accelerated payments only to small disadvantaged business concerns by paying the SDBs as quickly as possible once invoices are submitted, but the interim rule accelerates payment to all small business concerns.

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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....