RSM

RSM, the consulting firm, is advising nonprofit organizations to prepare for a fundraising landscape that is increasingly concentrated and uneven across sectors and regions. The guidance suggests that giving may be flowing to fewer recipients rather than being distributed broadly, requiring nonprofits to plan more strategically for donor dependence and funding volatility.

The US Army has selected five companies to continue development of the Precision Strike Missile (PrSM), its next-generation long-range surface-to-surface weapon. According to Military Times, the selections mark the next phase of a competition aimed at expanding production capacity and competition for the program, which is a key part of the Army's modernization priorities. The companies named have not been detailed in the available coverage.

RSM UK, the audit, tax and consulting firm, has announced the appointment of a new head of VAT technology. The role will focus on the firm's value added tax technology services as businesses face growing automation and digital reporting requirements in tax compliance. No further details about the appointee or start date were given in the announcement.

A digital asset tax reform bill is advancing through the legislative process, with analysts flagging broad implications for businesses. RSM commentary highlights that companies holding, trading or transacting in digital assets could face significant changes to reporting and tax treatment if the measure becomes law. Firms are expected to reassess compliance and planning strategies.