Relying on a Parent's Experience and Resources in Your Proposal? Some Explanation Required
Client Alert | less than 1 min read | 01.21.16
In Deloitte Consulting, LLP (Nov. 16, 2015), GAO disapproved of the agency crediting a subsidiary with the experience of its corporate parent when the subsidiary's proposal said little more than it receives substantial support from the parent and did not identify which resources and experiences related to which entity. GAO also ruled that, merely because the corporate parent novated to its subsidiary the Federal Supply Schedule contract and blanket purchase agreement under which the contract was awarded, it did not mean that the subsidiary "successor in interest" necessarily had the same resources or experience as its predecessor.
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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.
Client Alert | 4 min read | 08.20.25
Client Alert | 15 min read | 08.20.25
Client Alert | 2 min read | 08.19.25
