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Music group Linkin Park issued a cease and desist letter to President Donald Trump after a campaign video of his featured their song "In the End" without their consent. "Linkin Park did not and does not endorse Trump, nor authorize his organization to use any of our music," the band said in a tweet. "A cease and desist has been issued." 346
MOSCOW — The Kremlin says Russian President Vladimir Putin won’t congratulate President-elect Joe Biden until legal challenges to the U.S. election are resolved and the result is official.Putin is one of a handful of world leaders who have not commented on Biden’s victory, which was called by major news organizations on Saturday.However, President Donald Trump’s team has promised legal action in the coming days and refused to concede his loss. He has alleged large-scale voter fraud, so far without proof.When Trump won in 2016, Putin was prompt in offering congratulations, but his spokesman Dmitry Peskov told reporters Monday that this year’s election is different.The leaders of China, Mexico, Brazil and Turkey also are holdouts in offering congratulations.China says it has taken note of Biden's declaration of victory in the election but is holding off on sending any message of congratulations.A foreign ministry spokesperson says the result of the election would be determined under U.S. laws and procedures and that China would follow international practices in extending its sentiments.China has had a fractious relationship with Trump, characterized by growing friction over trade, technology and competition for influence in Asia and the world.Analysts say Biden will likely return ties to a less contentious state, although Beijing has stuck throughout the election to a position of not commenting directly on what it says is an internal American political issue. 1489

Music label Sony says it was duped after admitting three songs on a Michael Jackson album it released after his death are fake.The songs were on Sony's album "Michael," which was released in 2010 and is said to have previously unreleased tracks by the famed music artist. According to reports by Fortune, Vibe and other music news outlets, the music label made the admission in a court hearing.The three songs are “Breaking News”, “Monster” and “Keep Your Head Up." Producers Eddie Cascio and James Porte claimed the songs included Jackson's vocals.The album was released by Epic Records, which hasn't commented on the issue, Fortune reports. 671
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
MURRIETA, Calif. (KGTV) -- One second she was getting the all-clear to go into the home, and the next the walls crumbled around her. A mother trapped inside when a Murrieta home when it exploded says there’s only one reason she made it out alive. "I just saw everything crashing down around me, and I thought I was dead, I thought that was it,” said Alexis Haaland, who was inside home when it blew up. Looking at the house Tuesday, Haaland says she’s still in shock she walked away from the explosion with only a few scratches. "I just stood still and I covered my head and I was screaming oh my god, just hoping nothing hit me."Haaland was having solar panels installed at the home she lived in with her family for about a month. She says the solar company told her they hit a gas line and that she should probably leave. She took her two kids and put them outside with her mother and little brother in their van. Haaland says a firefighter told her she could go back in and get her wallet and diaper bag. That’s when the home exploded. "I just knew I had to get out, and I ran to my mom and my kids and my mom just looked at me and was like how did you get out of there."Haaland says she got out through a window that was shattered in the blast. She says she was standing by a wall, the only one left standing after the home exploded. "I'm really shook up still, having a couple panic attacks and stuff, but I'm alive, and that's all that really matters."Haaland says she’s thankful that her kids were outside the home. She says the moments after the explosion were tough, adding that her thoughts are with the man killed in the explosion and those who were injured. "There wasn't much sleep last night. Pretty much any loud noise woke me up."The family says the community has stepped up and offered to help them after they lost everything in the blast. 1865
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