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Recent changes
ED Enforcement Priorities for Audited Financial Statements
The U.S. Department of Education (ED) announced delayed enforcement priorities for certain audited financial statement requirements under ยง 668.23(d)(1). Enforcement for fiscal-year alignment with IRS returns, ED-requested fiscal years, expanded financial statement applicability, and disclosure of no related-party transactions will not be a priority until at least July 1, 2027.
CDPH Warns of Illness Linked to Raw Cheddar Cheese
The California Department of Public Health (CDPH) is warning consumers and businesses not to eat, serve, or sell raw cheddar cheese manufactured by RAW FARM, LLC due to an outbreak of Shiga toxin-producing E. coli (STEC) O157. Seven cases have been reported across multiple states, with two hospitalizations, including two children under five.
DOJ Proposed Modification to Consent Decree under CERCLA
The Department of Justice has published a notice regarding the proposed modification of a consent decree under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). This notice indicates a public comment period may be forthcoming or has recently closed, allowing for input on the proposed changes to the decree.
State Department Statement on Namibia National Day
The U.S. Department of State issued a statement congratulating Namibia on its 36th Independence Day. The statement reaffirmed the strong partnership between the United States and Namibia, highlighting collaboration on health, economic development, and emerging opportunities.
OFAC Iran-Related General License U for Crude Oil Sales
OFAC has issued Iran-related General License U, authorizing the delivery and sale of crude oil and petroleum products of Iranian-origin loaded on vessels as of March 20, 2026. This license provides specific exceptions to sanctions for certain oil-related transactions.
Congressional Bill S. 4138 Signed into Law
The President signed into law Congressional Bill S. 4138, which waives the 60-day notice requirement for the posthumous honorary promotion of Captain Cody Khork of the United States Army. This action modifies existing procedural requirements for military promotions.
Presidential Message on Nowruz
The White House issued a presidential message celebrating Nowruz, the Persian New Year and the arrival of spring. The message extends best wishes to Americans celebrating the holiday and expresses hopes for peace and human dignity.
Aptiv Services Hungary VAT Intra-Community Goods Judgment
The Court of Justice of the European Union issued a judgment concerning Aptiv Services Hungary regarding the VAT treatment of intra-community acquisitions of goods. The case addresses the refusal of VAT deduction due to late submission of required invoices and the application of national rectification procedures.
Marhaux Judgment on Freedom of Movement and Income Tax
The Court of Justice of the European Union ruled in the Marhaux case concerning freedom of movement for workers and income tax. The judgment addresses how earned income received in another Member State is treated for tax purposes, specifically regarding the application of bilateral tax treaties and the potential loss of tax benefits.
Brandon Karim Insurance License Revoked for Fraud
The Michigan Department of Insurance and Financial Services (DIFS) has revoked Brandon Karim's insurance license. The revocation is due to fraud and untrustworthy conduct in business dealings, as admitted by the respondent in a stipulation accepted by the Director. Karim is prohibited from reapplying for any DIFS-administered license.
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