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More than 120 people were taken into custody Wednesday night in Louisville during demonstrations following the announcement of the grand jury’s decision in the Breonna Taylor case. A police statement describes vandalism, fires in garbage cans and the looting of several stores as the reason for some of the 127 arrests.Two officers were shot and wounded Wednesday evening, both are expected to survive and a suspect is in custody. A citywide mandatory curfew of 9 p.m. was in effect Wednesday night.Larynzo Johnson has been charged with two counts of assault on a police officers and other charges in connection with Wednesday's shooting. An arrest citation says Johnson was among a crowd of people in Louisville that had been told to disperse. The citation claims Johnson intentionally fired multiple times at officers, hitting two. President Donald Trump tweeted Wednesday night he is “praying for the two police officers that were shot," shortly after news of the shooting. 985
Millions of small businesses are fighting off permanent closures, looking for every possible penny to help them stay afloat amid the pandemic. However, there is a little-known CARES Act rule that could net small businesses tens of thousands of dollars in just a few weeks, and it helps keep more people employed.Back in March, when Congress passed the CARES Act, most of the focus for businesses was on the billions of dollars allotted for Paycheck Protection Program (PPP) forgivable loans. Congress also included a temporary tax rule, at the same time, for businesses.“If you had a loss in 2018, 2019, or 2020, any of those years, you could carry it back up to five years to generate refunds,” said Chris Catarino, a CPA with the firm Drucker & Scaccetti in Philadelphia.Catarino explained that under the new rule, businesses can generate a tax refund by applying 2020 losses to taxes paid over the past five years, essentially making the tax burden in past years less, netting them the refund.Losses for 2020, though, can only be filed after Dec 31, 2020. However, the temporary rule also applies to 2019 and 2018. So, if a business had losses over those two years, they could carry back those losses to their respective five-year period and possibly generate a refund.Businesses can start filing for a refund on 2018 and 2019 losses now. Catarino explained they would have to file an amended return or 1045 form.“The 1045 is generally quicker,” said Catarino “The IRS is required to respond and process those within 90 days.”The tax refund, under the temporary net operating loss rule, could mean tens of thousands of much-needed dollars for some businesses. However, Catarino pointed out that the biggest refunds would be for businesses with the largest “swing” from the prior years.For example, take a business that did extremely well in 2019. It likely paid a high tax bill that year. Then, this year, it had a significant loss of business. That business could get most of the money it paid in taxes the year prior, possibly even all the money it paid but nothing more than was paid in taxes. The same principle applies to 2018 and 2019.“The idea that they could recoup some taxes that they already paid in the past, today, could really be significant,” said Todd McCracken with the National Small Business Association. “It could mean the difference between keeping your doors open or not.”Although the temporary tax benefit could save some businesses, there is concern that the businesses that may need it the most may not be aware of it.“It is the smallest companies that don’t know, that tend to deal with their taxes once a year,” said McCracken. "They don’t have an ongoing relationship with a CPA. They go have their taxes prepared in the spring and find out, ‘Wow, I could’ve had this benefit all along.’ Next spring, of course, could be too late.”It could be too late for many businesses, especially if another round of coronavirus-related closures occurs and a second stimulus package isn’t passed soon. 3031

MIRAMAR, Calif. (KGTV) - Vietnam War veterans are being honored at the 2017 Miramar Air Show.One of the most special tributes will be the Mobile Vietnam Memorial Wall, cared for by Point Man Antelope Valley (PMAV), a veterans outreach organization that ministers to veterans of all wars.It's a half-scale size tribute monument of the Vietnam War Memorial in Washington, D.C. There are 58,318 names on it of people who lost their lives in the war.People can visit the wall starting Friday and throughout the weekend. 523
NATIONAL CITY, Calif. (KGTV) -- A suspect was taken into custody Monday night after an hours-long standoff in National City following a shooting. According to deputies, the shooting happened on the 2300 block of Prospect Street near Lincoln Acres School. Authorities confirmed that one person was shot but were unable to give further details. Deputies say the suspect barricaded himself inside a home after the shooting. A portion of Prospect Street was closed off for hours due to the incident. 529
More than 100 law enforcement agencies have withdrawn from helping the Milwaukee Police Department at the Democratic National Convention, three weeks before the big event. According to the police chief, the agencies cited concerns over potential new policies related to crowd control.The Milwaukee Police Department requested the help of more than 1,000 officers from other law enforcement departments for security at the Democratic National Convention. Even though the event will be scaled-down at the Wisconsin Center due to the COVID-19 pandemic, losing many of these officers will make things more complex for Milwaukee police.Chief Alfonso Morales now has to deal with a new task with only three weeks until the DNC.He could not reveal the number of officers he’s lost for security reasons but says the reason agencies pulled out of the convention has to do with the Fire and Police Commission directives given to him last week related to crowd control. Specifically, they’re concerned over the directive to discontinue the use of tear gas and large amounts of pepper spray.“When you rule an unlawful assembly to help break up that crowd, once we deem them unruly, that’s a safe manner in doing so. Not having those tools increases the potential for more violence,” Morales said. “That’s a big concern for the law enforcement community within Milwaukee and outside of Milwaukee.”This is how the departments in West Allis, Fond du Lac and Franklin feel. They’re just three of the local agencies that withdrew. Altogether, they were going to send 30 officers.here does the police department go from here? Morales said he’s concerned if they’ll have enough law enforcement to protect Milwaukee and visitors at the DNC. He doesn’t reject getting help from the National Guard or federal government.“Those will be options and those options are still at the table,” Morales said. 1885
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