Partner Alexander Reid comments on the tax-exempt status of private colleges and universities under pending guidance and increased scrutiny from the Trump administration in a Bloomberg Law article titled “Colleges Await Looming IRS Guidance on Race and Admissions.” Published March 2, 2026, the article details how schools are preparing based on anticipated policies. Reid states that the final policy will take time to establish, as it would be nearly impossible to land on a “one size fits all” approach on the first try.
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