Trade Winds: Federal Government Announces Next Commercial Offshore Wind Leasing Auction
Client Alert | 1 min read | 12.18.13
On December 17, the Bureau of Ocean Energy Management announced a 60-day public comment period for a proposed auction process designed to open nearly 80,000 acres offshore Maryland for commercial wind energy leasing. The announcement, which follows recent auctions of 112,000 acres offshore Virginia and 164,000 acres offshore Rhode Island and Massachusetts, is the latest in a series of actions by the federal government designed to increase wind and other renewable energy production and to facilitate the development of new clean technology industries generally (previously discussed here, here, here, and here).
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
