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The IRS added a new question to the top of the 1040 tax form, aimed at identifying people who make money on cryptocurrency transactions. Cryptocurrency, or virtual currency, includes things like Bitcoin and is a digital representation of value that functions as a medium of exchange, according to the IRS.The question asks: “At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” The only options to answer are yes or no.The question is similar to one that was added to the form for 2019 tax filings. At the time the question was on a section used to report certain additional income or adjustments, called Schedule 1. However, not a lot of people file Schedule 1 forms with their return. In 2014, the IRS issued a notice that virtual currency should be treated as property for tax purposes. Tax experts say the move, putting the question on the main form, may signal that the IRS is serious about going after virtual currency investors who under-report their holdings.“In my view, the IRS is treating omitted virtual currency transactions in the same manner it pursues foreign bank accounts of U.S. taxpayers,” Lewis Taub, a certified public accountant and director of tax services at Berkowitz Pollack Brant Advisors + CPAs told Yahoo Finance. “By asking the question on the top of the first page of the return, the IRS is making it clear that any income from gains or losses from virtual currency must be reported on the return.”The question will appear at the top of the 1040 form, right below a person’s name and address.The IRS has increased their investigations into cryptocurrency investments, getting digital currency exchanges to release information about investors activity.Among recent high-profile cases was software mogul John McAfee, who was accused of tax evasion using cryptocurrency in October, according to FOX News. 1922

The Pentagon has sent more than 300,000 pounds of Thanksgiving food to US military troops stationed overseas and at the US southern border, the Defense Logistics Agency announced Tuesday.The shipments, which include 9,738 whole turkeys and 67,860 pounds of shrimp, were sent to dining facilities throughout the Middle East, Europe, Africa as well as field kitchens in Texas and Arizona."Many of America's military men and women are away from home this Thanksgiving, making sacrifices to secure our freedom and to protect our southern border," Army Brig. Gen. Mark Simerly said. "The DLA Troop Support staff and I are excited about this amazing opportunity to provide them the very best Thanksgiving meal our country has to offer."Among the staggering amounts of food the DLA is shipping are 74,036 pounds of beef, 21,758 pounds of ham and 7,836 gallons of eggnog.Logistics planning to feed troops on Thanksgiving begins in May, according to Deputy Director of DLA Troop Support Rich Faso."The Troop Support Subsistence team is a dedicated group of employees who take pride in ensuring that deployed service members can experience an enjoyable holiday meal each Thanksgiving," he said.President Donald Trump hailed the troops at the southern border as "tough people" during a press gaggle Tuesday when asked about their work on Thanksgiving."Oh, don't worry about the Thanksgiving," he said. "These are tough people, they know what they're doing and they're great and they've done a great job.""You're so worried about the Thanksgiving holiday for them. They are so proud to be representing our country on the border," he continued.In October, Trump assigned nearly 6,000 troops to the US-Mexico border to deal with a migrant caravan heading toward the US through Mexico. Many in the group reportedly plan to follow legal procedures and seek asylum. 1866

The nation's first fast-food hamburger chain wants you to carry their sliders safely during the pandemic.White Castle debuted their Crave Clutch, which carries 20 of their sliders. 188

The mother of a Florida child who was punched in the face by an adult is wondering why the man was not arrested. “He was screaming at us, cursing at us, calling us the 'n-word' and he came down to the middle of his yard, and I was like 'who are you talking too,' and he said 'come within arm's reach and I'll show you who I'm talking to,'" said Malikai Villatte, the 12-year-old boy who was punched.  A picture of Malikai after the incident showed his two front teeth were knocked out. The young boy also received stitches to heal a gash on his mouth. “When I realized my teeth were dangling in my mouth it was kind of shocking, I didn't know what was going on," Malikai said. “It was like a nightmare, I just knew I had to get there and I had to get there fast," said Malikai's mother Brittany Graham. His parents are upset because the man who punched Malikai was not arrested. Lataevion Graham, 13, says he witnessed the incident and claims Cerfalo spat on them after punching Malikai. Graham's father says he wants justice for the children. “Where it is okay for an adult to take the law into their own hands, and to strike a kid hard enough to knock out his teeth. Where is that acceptable, in what country is that acceptable?" said Larry Graham. According to a Charlotte County Sheriff’s Office incident report, the man who punched Malikai was 27-year-old Vincent Cerfalo.“Originally this is where the altercation took place, right here," Cerfalo said.“I told them to back off and if they come on my property I'm going to defend myself. They said, 'you won't hit us, you won't hit us,' and they started to surround me," said Cerfalo. He says it all started when he yelled at the kids to get out of the road because they were blocking traffic.A cellphone video captured the moments after Malikai was punched. Cerfalo claims he was acting in self defense.“He touched me and I lifted my hand out, and I ended up hitting him. It was not my intention to hit anybody that hard, it was not my intention to knock teeth out or do harm, or cause any kind of trouble,” Cerfalo said.The children say no one touched Cerfalo at any time during the incident. Cerfalo says he never expected things to escalate to violence. He now plans to press charges against 12-year-old Malikai for assault, which the child’s parents can’t understand. “He's not going to jail, nothing is happening to him and he's basically getting away with it right now," Malikai said.“I want the man in jail," said Brittany Graham.  The case has been sent to the state attorney’s office, which will determine if a summons will be issued to Malikai for assault.  2750

The leaders of North and South Korea met Saturday for a second time, South Korea's presidency announced.North Korean leader Kim Jong Un and South Korean President Moon Jae-in held a surprise meeting at the Demilitarized Zone, the South Korean presidency said in a statement.The two leaders "exchanged their opinions" on among other things successfully carrying out a future US-North Korea summit, according to the statement. President Donald Trump canceled a June 12 summit with Kim this week, then told reporters Friday he's still open to a meeting. 558