Hidden in Plain Sight: Where, Oh Where, Have the Compensation Caps Gone?
Client Alert | less than 1 min read | 05.29.18
Contractors looking for updates to the statutory allowable cost limits on employee compensation may be looking in the wrong place. Historically, such limits were posted in the Federal Register for public notice. However, the OFPP recently posted the annual increases for costs incurred in 2015-2018 on its website instead of publication through the Federal Register.
To read more, visit our blog post on the topic.
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
