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The midterm election was not just an opportunity to change the face of Congress and statehouses nationwide. Voters in 37 states also considered ballot measures on social and political issues such as health care, marijuana and election policies.Some were initiated by citizens, others by lawmakers. The questions included whether to restrict abortion access, expand Medicaid, or change voting requirements.Here are some of the ballot measures we're keeping an eye on nationwide. We'll continue updating the results as they come in. 538
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 National Guard is attempting to rescue dozens of people who are currently trapped at a California resort as the Creek Fire continues to burn out of control in the Sierra Nevada Mountains.According to The Washington Post, about 50 hikers remain trapped at the Vermilion Valley Resort with all escape routes cut off by the fire. The hikers have been sheltering in place at the resort since Sunday night.Officials have been unable to send rescue helicopters to the area due to low visibility caused by smoke from the fire. The area has dealt with high winds and record heat in recent days, which is making things difficult for both rescuers and firefighters.However, Col. Jesse Miller of the National Guard said Tuesday that the weather was beginning to turn."Mother Nature is trying to help us out this morning with some of the smoke clearing, allowing visibility for the aircraft to pick up the landing zones and get in safely to our folks here in California," Miller said in an interview on Good Morning America on Tuesday.So far, the wildfire is confirmed to have killed one person from smoke inhalation, according to the Fresno Fire Battalion. The Fresno County Sheriff's Office reports a second person died from a medical episode when EMS could not respond due to the conditions.According to CALFIRE, the Creek Fire remains 0% contained as of Monday evening. The fire has been burning since Thursday but nearly doubled in size on Monday alone to cover nearly 80,000 acres.Col. Jesse Miller told ABC News Tuesday morning that the National Guard is also attempting to send rescue helicopters to Hidden Lakes. It's unclear how many people are trapped at Hidden Lakes.The Washington Post reports that more than 200 people were rescued from the Creek Fire over the weekend. 1783
The Houston Chronicle's coverage of Hurricane Harvey is a finalist for breaking news honors in the prestigious 65th Scripps Howard Awards, up against two other media powerhouses: The San Francisco Chronicle and The Press Democrat, both selected for coverage of wildfires in North Carolina.Journalists covering those events spent days in the midst of tragedy — hours interviewing victims, surveying and chronicling damage, and advising news consumers on how to stay safe. Their work told the tales of the losses and the coming together of communities in need.They weren't alone in their quests to inform the public during a busy year of news. The Washington Post leads news organizations receiving recognition from the judges of the 65th Annual Scripps Howard Awards, with five of its entries selected as finalists. Also earning finalist spots with the Scripps Howard Awards, presented by the Scripps Howard Foundation and The E.W. Scripps Company, are:Breaking News:Houston Chronicle – “Hurricane Harvey: Houston’s Reckoning” 1053
The House Judiciary and Oversight committees have released a transcript?of former FBI Director James Comey's closed-door interview with the committees on Friday.Lawmakers and Comey said that the interview was tense and that Republicans were frustrated by instructions from a Justice Department attorney telling Comey not to answer certain questions about the Russia investigation. Comey and House Democrats said the interview was a waste of time consumed with questions about Hillary Clinton's emails.The transcript was released as part of a compromise struck by Comey and House Judiciary Chairman Bob Goodlatte, R-Virginia, who had initially subpoenaed Comey to appear behind closed doors.Comey fought the subpoena in court, saying he would only testify if the proceedings were held in public. But he later backed down, agreeing to appear behind closed doors on the conditions that the transcript would be released as soon as possible and he would be free to speak about the interview afterward.Comey was interviewed as part of the Republican-led investigation into FBI's investigations into Clinton and Donald Trump and Russia in 2016. Republicans are preparing a report detailing their findings before Democrats take control of the House in January. 1265
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