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MILWAUKEE — Giannis Antetokounmpo is staying with the Bucks for another five years!Giannis let fans know of the good news by posting the news on Twitter, saying Milwaukee is his city."This is my home, this is my city," the Bucks superstar said. "I’m blessed to be able to be a part of the Milwaukee Bucks for the next 5 years. Let’s make these years count. The show goes on, let’s get it." 397

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

NATIONAL CITY, Calif. (KGTV) - Elementary school teachers in National City voted Monday to approve a strike. The teachers are frustrated with the way contract negotiations with the National School District for the 2017-2018 school year have gone.They say the biggest issues of contention are workload and teachers pay. "The District's behavior has been reprehensible from the very beginning of negotiations. The NSD's bargaining team has not tried to reach a settlement with the teachers for months,” said National City Elementary Teachers Association (NCETA) Bargaining Chair Irma Sanchez.A spokesperson for the National School District told 10News they are in mediation and cannot comment at this time.The NCETA will announce the decision at the NSD Governing Board meeting Wednesday.Although the teachers approved the strike, they say it could be months before anything happens.   926

Multiple reports of illnesses have prompted a Chipotle location near Columbus, Ohio to close on Monday, both Reuters and the Columbus Dispatch reported. The Columbus Dispatch reported that a dozen customers claimed to have gotten sick after eating at the location over the weekend. The Dispatch reported that the location was last inspected on Thursday by the health department, and had two critical violations - one was for beans that were not held at a high enough temperature, and the other was for cut lettuce that was not properly cooled after preparation. The Dispatch said that these violations were corrected on the same day. “We acted quickly and closed this single restaurant out of an abundance of caution and we are working with the local health officials to reopen this restaurant as soon as possible,” a Chipotle spokeswoman said in a statement to Reuters.The Dispatch reported this location should reopen on Tuesday. In 2015, hundreds of customers were sickened across the country after eating at Chipotle. The wave of illnesses likely contributed to a decrease in business, prompting the company to wage a public campaign on food safety.  1207

More than a decade before the #MeToo movement, Arnold Schwarzenegger was accused by multiple women of groping and humiliating them.The year was 2003 and the "Terminator" star was running for governor of California.He denied the allegations at the time?and his campaign chalked it up to an escalating political attack against him.Schwarzenegger now says "Looking back, I stepped over the line several times, and I was the first one to say sorry.""I feel bad about it, and I apologize. When I became governor, I wanted to make sure that no one, including me, ever makes this mistake," he recently told Men's Health.?"That's why we took sexual-harassment courses, to have a clear understanding, from a legal point of view and also from a regular behavior point of view, of what is accepted and what is not."Last year, allegations of sexual misconduct against Hollywood mogul Harvey Weinstein kicked off an international conversation about the treatment of women and led to the downfall of several powerful men across several industries.The allegations against Weinstein range from harassment to rape, include the stories of more than 80 women and span several decades. Through a spokesperson, Weinstein has repeatedly denied "any allegations of nonconsensual sex; he has pleaded not guilty to six sex crime charges in New York, including two counts of rape.On Thursday, a New York judge dismissed one of the counts of criminal sexual act in the first degree against Weinstein.Schwarzenegger, who left the governor's office in 2011, was not criminally charged in connection with any of the allegations about him.He told Men's Health he has not changed his views on masculinity."I'm a guy," Schwarzenegger said. "I would not change my view of who I am."The actor added "The woman I was originally most in love with was my mother.""I respected her, and she was a fantastic woman," he said. "I always had respect for women."CNN has reached out to Schwarzenegger for additional comment. 1996