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WASHINGTON (AP) — Dr. Scott Atlas, a science adviser to President Donald Trump who was skeptical of measures to control the coronavirus outbreak, is leaving his White House post. A White House official confirmed that the Stanford University neuroradiologist, who had no formal experience in public health or infectious diseases, resigned at the end of his temporary government assignment. Atlas confirmed the news in a Monday evening tweet. 449

Wall Street's latest trade war freakout didn't last long.Stocked plummeted early Wednesday after trade tensions escalated between China and the United States. China announced plans for a 25% tariff on billion a year worth of American exports, including plans, cars, soybeans and chemicals.The Dow opened down more than 500 points. But the market erased those losses by early afternoon. 397

WASHINGTON — Congressional leaders appear to be on the brink of a COVID-19 economic aid package, but there's no deal yet. As negotiators went home from the Capitol Wednesday, agreement seemed near on legislation that would extend help to individuals and businesses and ship coronavirus vaccines to millions. Negotiators are working on a 0 billion package that would revive subsidies for businesses hit hard by the pandemic, help distribute new vaccines, fund schools and renew soon-to-expire jobless benefits. They're also looking to include new direct payments of about 0 to most Americans. There's intense pressure for a deal. Unemployment benefits run out Dec. 26 for more than 10 million people. Many businesses are barely hanging on after nine months of the pandemic. 786

VIRGINIA BEACH, Va. -- If you are working from home, you may have bought some new items to accommodate the situation, or you are probably using more of the resources you already pay for.If you were planning on writing off these new expenses on your next tax return, "Unfortunately, there are no tax benefits to working from home if you are an employee,” Scott Rinehart, a tax professional and financial advisor with Carlson Financial, said.While tax season is months away, Rinehart said he has already received some questions from people."I've had people ask, 'since I work from home, can I deduct my office now?'” he explained.Say, for example, if you bought a laptop and it cost a couple hundred dollars, the rent on your apartment or certain utilities like electricity -- just to name a few examples -- you cannot write those off on your taxes.“The tax act a few years ago got rid of that tax break for employees,” Rinehart said.He mentioned an exception, however."If you are self-employed and now instead of going to your office, you're working from home, you can deduct a portion of your home you're using as your office."It is the same scenario for those homeschooling their children, Rinehart added, but he explained that extra paid leave was provided in the Family First Coronavirus Response Act for parents tending to their children.A tax write-off normally helps to reduce the amount of tax you owe."I think there will be folks who will try to claim these expenses when they itemize,” Rinehart said, “or add some sort of miscellaneous deduction, and they're just not going to be allowed."If you do make these claims or accidentally file for a write-off, Rinehart said, “You may get a letter from the IRS at some point saying, 'Hey, you owe us some money.’”In that event, Rinehart said the IRS will try to work with the filer to fix the issue. It may result in additional payments.Rinehart suggested tracking your expenses, organize receipts and use free tax resources online, as well as the IRS."Otherwise, it always makes sense to - if you have a more complex tax situation - have a professional look at it,” Rinehart said.This story originally reported by Julio Avila on wtkr.com. 2201

WASHINGTON — The Senate intelligence committee has concluded the Kremlin launched an aggressive effort to interfere in the 2016 presidential contest on behalf of Donald Trump and says the Trump campaign’s interactions with Russian intelligence services during the campaign posed a “grave” counterintelligence threat. It says Trump associates were eager to exploit the Kremlin’s aid, particularly by maximizing the impact of the disclosure of Democratic emails that were hacked by Russian military intelligence officers.The report from the Republican-led panel lays out significant contacts between Trump associates and Russians, describing for instance a close professional relationship between Trump campaign chairman Paul Manafort and Konstantin Kilimnik, whom the committee describes without equivocation as a Russian intelligence officer."The Committee found that Manafort's presence on the Campaign and proximity to Trump created opportunities for Russian intelligence services to exert influence over, and acquire confidential information on, the Trump campaign," according to the report released Tuesday.The report notes how Manafort shared internal Trump campaign polling data with Kilimnik and says there is “some evidence” that Kilimnik may have been connected to the Kremlin’s operation to hack and leak Democratic emails, though it does not describe that evidence. In addition, the report says that “two pieces of information” raise the possibility of Manafort’s potential connection to those operations, but what follows next in the document is blacked out.Both men were charged in special counsel Robert Mueller’s Russia investigation, but neither was accused of any tie to the hacking.The report purposely does not come to a final conclusion about whether there is enough evidence that Trump’s campaign coordinated or colluded with Russia to sway the election to him and away from Democrat Hillary Clinton. That leaves its findings open to partisan interpretation. But the report says interference in the election is indisputable. 2053