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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 moves are still, sharp, and strong. Similar and yet so different than the moves these students used while serving our country. In this class the yoga students are all veterans. And these poses have helped them with much more than flexibility."My post traumatic stress was going so fast," says William Walls, a Marine who served in Iraq. "You accept the fact that possibly every day you could die, that's really what it is."And his transition back to civilian life, wasn't so easy. "I ended up spending a little bit of time in jail," Walls recalls. "Had a drinking problem and I didn't realize it was a problem. And yeah and it's just been, it was hell."He tried medicine, therapy and was still battling depression when he received an unexpected recommendation."My therapist kept saying hey why don't you try yoga," Walls remembers. "And I'm like no that's for other people. I'm a big bad tough marine. I don't need yoga."He eventually tried it, and can still remember his first class. "I just started to cry," Walls says. "And I don't even know why I started to cry just something was released inside of me. Something was letting go and I realized like I like this. I like this a lot. This is better than drugs and alcohol."Now Walls is not only a yoga student, but is becoming a teacher through this program, called Comeback Yoga. Everyone in the organization is a volunteer. And co-founder Margot Timbel says every veteran, no matter their level, is welcome."Don't be intimidated if you think yoga is for flexible people or that yoga is for people who have to be able to stand up and get up and down off the mat all the time," Timbel says. " Yoga is for every body and everybody."Now these veterans are experiencing a camaraderie of a different kind."They have experienced the same things you have and may even have the same problems," says veteran Curtis Schaub.And they are hoping more who sacrificed to serve will join them on this unexpected path.The Comeback Yoga classes are free for veterans and their family members. 2043
The gunman behind the Texas church massacre killed his grandmother-in-law during the attack, multiple friends of the woman told CNN.Devin Patrick Kelley had domestic problems and texted his mother-in-law as recently as Sunday morning, not long before he carried out the largest mass shooting in Texas history, authorities said."We know that he expressed anger towards his mother-in-law, who attends this church," said Freeman Martin of the Texas Department of Public Safety. He said Kelley had a history of sending her threatening texts.But his mother-in-law was not inside the First Baptist Church in Sutherland Springs when Kelley sprayed the congregation with gunfire and killed 26 people. The youngest killed was a 17-month-old girl, her family told CNN. The oldest was 77 years old, Martin said.The gunman's grandmother-in-law, Lula White, was the grandmother of Kelley's wife and often volunteered at the church, according to friends and her Facebook profile.The friends asked not to be named as the family has decided to not speak to the media about White's death at this time, though a few have posted on social mediaTexas Gov. Greg Abbott called the massacre "the largest mass shooting" in the state's history. 1227
The massacre of 26 worshipers at a rural Texas church is the latest in a grisly series of mass shootings across America in recent years.With each tragedy, we hear arguments about gun violence, mental health, how much firearms should be regulated and what’s driving the prevalence of mass shootings. PolitiFact has worked for years to research these topics to help explain talking points used by all sides of the debate.Here are some answers to some questions you may have.How do we define mass shootings?There is no widely accepted definition of mass shootings. People use either broad or restrictive definitions of mass shootings to reinforce their stance on gun control.Researchers at the nonpartisan Congressional Research Service defined "mass shooting" as "a multiple homicide incident in which four or more victims are murdered with firearms, within one event, and in one or more locations in close proximity" in a 2015 report. They counted 317 mass shootings from 1999-2013.The report also used the term "mass public shooting" for a multiple homicide incident in which four or more victims are murdered with firearms, within one event, in at least one or more public locations, such as a workplace, school or house of worship. There were 66 attacks that met that definition during that 15-year period.After the 2012 Sandy Hook school shooting, Congress defined "mass killings" as three or more homicides in a single incident. The definition was intended to clarify when the U.S. Attorney General could assist state and local authorities in investigations of violent acts and shootings in places of public use.The Gun Violence Archive tracks gun deaths using media, law enforcement, government and commercial sources. Its data is based on a broader criteria: at least four people injured or killed in one location, not including the suspect. Criminologists previously told?PolitiFact that this group’s tally includes gang shootings and home invasion robberies.When is a mass shooting in the United States considered terrorism?A mass shooting needs to meet several criteria in order to be legally labeled as domestic terrorism. That definition applies to acts dangerous to human life that are a violation of U.S. or state criminal laws, which occur primarily within U.S. territorial jurisdiction and appear to be intended to: 2388
The government’s leading infectious disease expert told CNN on Thursday that the NFL will need to take significant steps in order to conduct a season this fall.During an interview with CNN, Dr. Anthony Fauci said that the NFL will need to consider playing games in a “bubble,” much like how the NBA and MLS plan on resuming their seasons later this summer."Unless players are essentially in a bubble -- insulated from the community and they are tested nearly every day -- it would be very hard to see how football is able to be played this fall," Dr. Fauci told CNN. "If there is a second wave, which is certainly a possibility and which would be complicated by the predictable flu season, football may not happen this year."Dr. Fauci's comments come as several states, including Arizona and Florida have seen a jump in coronavirus cases. As of now, the NFL continues to plan on playing games in home stadiums.But decisions on moving forward will need to be made in the coming weeks, with training camp starting in a month, and preseason games in August.NFL chief medical officer Dr. Allen Sills told the NFL Network that placing NFL players in a “bubble” was not realistic. The number of players and coaches employed by the NFL is considerably higher than the MLS and NBA."Dr. Fauci has identified the important health and safety issues we and the NFL Players Association, together with our joint medical advisors, are addressing to mitigate the health risk to players, coaches and other essential personnel," Sills said in a statement to the NFL Network."We are developing a comprehensive and rapid-result testing program and rigorous protocols that call for a shared responsibility from everyone inside our football ecosystem. This is based on the collective guidance of public health officials, including the White House task force, the CDC, infectious disease experts, and other sports leagues."Make no mistake, this is no easy task. We will make adjustments as necessary to meet the public health environment as we prepare to play the 2020 season as scheduled with increased protocols and safety measures for all players, personnel and attendees. We will be flexible and adaptable in this environment to adjust to the virus as needed." 2249