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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 mother of a Maryland teen accused of murdering a Baltimore County Police Officer blamed the justice system in court, saying if her son had been detained the incident would not have happened.“Numerous times I asked them to detain him so nothing like this would happen,” Tanika Wilson, the mother of 16-year-old Dawanta Harris said, fighting through tears. “…my condolences to the family of the officer. My condolences from the bottom of my heart. If they would have kept him we wouldn’t be here.”Harris has been charged of first-degree murder in the death of Officer Amy Caprio. He allegedly ran her over with a stolen car after Capiro confronted him in a Perry Hall, Maryland, cul de sac.“He knows right from wrong,” Wilson said through tears. “Everything changed, his life, my life, the officer’s life, in a split second.”Wilson, explained the court proceedings her son had been involved in criminal activity since he was first arrested in December 2017. Wilson said she struggled to keep Harris on the straight and narrow as she recently had a baby and Harris transitioned from middle school to high school. She said Harris began hanging out with people that were bad influences.She also said she would travel the neighborhood looking for her son, occasionally getting into confrontations with other families in the process.At the time of Caprio’s death, Harris had violated a home detention order following a hearing?from early May. At that court proceeding on May 10, Wilson says she and the assistant state’s attorney wanted Harris detained. His public defender requested his release on good behavior and a judge concurred, issuing an non-GPS ankle monitor to be placed on Harris for home detention. By Monday, May 14, Harris was declared AWOL and the Department of Juvenile Services made several attempts over the next two days to find him. Harris could not be found or contacted, and by another court appearance on Friday, May 18, Wilson hoped a writ would be issued to find and detain her son.According to court records, because Harris was not at the delinquency hearing, it was tabled until Tuesday, May 22. Caprio was killed on Monday, May 21.“This was a woman who was crying out for help. She turned to every resource available including the court system, because with a mother’s wit and intuition, she had that feeling that sinks in your gut,” J. Wyndal Gordon, one of Harris' attorneys, said. “ … she did everything that she could to avoid what brings us here today ... this is not an excuse for the conduct of her son, but it’s an explanation of how everyone has been affected by what has taken place in this case, and again, not to forget about the victim, because the victim had family to.” Harris' lawyers also called on the state to release body cam footage from the incident.“With regard to suspending judgment, waiting for the evidence, we’re calling for the State’s Attorney, the Police Department, to release the body cam footage” said Warren Brown, one of the lawyer’s representing the driver, Harris. “It should speak for itself, and we see no good reason that the public, especially considering the emotional aspect of this case, should be kept in the dark.”At a press conference earlier this week, Baltimore County State’s Attorney Scott Shellenberger said he would not release any body camera footage in an effort to avoid tainting future jury pools.“We think the body cam footage is the sine qua non of this case. There’s been a lot of strong feelings about this case, but strong feelings do not equal strong facts. We want to ask the tough questions about this case, because it generates a lot of questions that we don’t have answers to,” Gordon said. The two attorneys depicted a scenario in which Caprio blocked Harris in, deployed her weapon, and put him in fear for his life, so that he felt the need to escape, driving blindly forward through his only potential route of escape - where Caprio was standing. “What evidence is it that he intended to hit and kill this police officer? The state has even conceded that when the gun was drawn at some point, either before or after the first shot is fired, he’s ducking down, he’s looking at the seat of the vehicle. He’s instinctively trying to get away,” Brown said. “ … He was in survival mode.”“People are going to hear what they want to hear, but it should be said and heard that his head was buried as he drove off,” Brown said. “There wasn’t any intention on his part to strike this officer. His intention was to get away.” 4596

The man who police said killed two people at a Tallahassee, Florida yoga studio was accused of harassing young women in the area and reportedly made misogynistic remarks on YouTube videos but authorities say it's not clear why he carried out the attack.Scott Paul Beierle, 40, posed as a customer when he walked into Hot Yoga Tallahassee on Friday evening and fired a handgun without warning, police said.The yoga students fought back, police said, but two women were killed and five people were wounded. The gunman had turned the gun on himself by the time officers arrived, Tallahassee police Chief Michael DeLeo said. 628
The Portland (Oregon) Police Department said that 49 people were arrested stemming from what the police called “riots” in Oregon's largest city over the weekend.Sunday marked the 74th day of unrest in Portland following the Memorial Day death of George Floyd who died while in Minneapolis Police custody. The period of unrest included federal agents engaging with protesters at the city’s federal courthouse, which prompted nationwide scrutiny over the use of federal officers for domestic law enforcement purposes.Among the demonstrators arrested over the weekend was Demetria Hester, a prominent Black Lives Matter activist who leads the group Mothers United for Black Lives Matter. The 46-year-old demonstrator was arrested Sunday on charges of disorderly conduct and interfering with a peace officer.Hester testified in a hate crime case earlier this year against a man involved in a sentenced train attack, saying that she had been attacked by self-described white nationalist Jeremy Christian before the deadly incident. Christian wound up be sentenced to life in prison after being found guilty of killing two people in a hate crime.Friday night marked the most arrests from the weekend, 24, and the injury of an Oregon State Police Trooper, who police said was wounded from being struck in the head by a rock.The department said that there were two separate gatherings in the city on Friday. The first, the police say, was a peaceful demonstration that officers did not interact with. But a second gathering nearby, the department said, began to turn violent.On Saturday, a second protest took place and lasted peacefully for four hours, according to police. But tensions began to rise after the group marched, and vehicles began to illegally block intersections.Some in the crowd then set fire to Portland’s police union building, prompting the department’s officers to engage with the crowd.“People within the crowd committed crimes when they erected a fence, pushed dumpsters into the street to block traffic, set a dumpster on fire, vandalized the PPA office with spray paint, and destroyed security cameras,” the Portland Police said. “At 11:35 p.m., people within the crowd broke the window to the PPA Office, unlawfully entered, and started a fire, committing the crimes of criminal mischief, burglary, and attempted arson.”On Sunday, an additional 16 arrests were conducted as two Portland officers were injured by a mortar. 2448
The parents of Payton Summons, who was declared brain-dead, have been granted more time to keep their 9-year-old on a ventilator at a Fort Worth, Texas, hospital.Lawyers for Payton's family filed a new request on Monday to extend a temporary restraining order that would keep her on the machine at Cook Children's Medical Center. The order has been extended until next Monday at 6 pm, according to Justin Moore, a lawyer for Payton's family.A previous temporary restraining order against Cook Children's Medical Center was scheduled to expire Monday afternoon after Judge Melody Wilkinson of the 17th District Court of Texas denied a request last week to extend it."The parents want to keep on fighting," Moore, told HLN's "Michaela" on Thursday."It's probably the hardest case I've ever had to deal with in my young career," he said. "Just to see this particular situation where parents are just fighting tooth and nail and they're not gaining an inch at all, it's just heartbreaking."Payton has been on the ventilator at Cook Children's Medical Center since late September, after she went into cardiac arrest due to a large tumor in her chest.Last month, she was staying overnight with her grandmother when she suddenly woke up, "screamed for her grandmother to help her and said that she couldn't breathe ... then she collapsed," Payton's mother, Tiffany Hofstetter, told CNN affiliate KTVT in September.Payton was transported to the hospital, and doctors established a heartbeat but put her on a ventilator because she was no longer breathing.She was confirmed brain-dead after a test determined that she did not have brain activity."Brain death, by definition, is irreversible," CNN Chief Medical Correspondent Dr. Sanjay Gupta said in 2014."In the United States and most places, it is legally synonymous with death -- the same as if your heart stops," he said. "But brain death means a total loss of brain activity."Under Texas law, a person is considered dead when they have suffered an irreversible loss of all brain function, the hospital said in a statement in September, according to KTVT."Per our protocol and national pediatric medical standards, a second brain death exam was scheduled to take place by a different physician within 12 hours of the first to complete the legal process of declaring Payton deceased," the hospital said."In addition to dealing with the sudden blow of her cardiac arrest and devastating brain injury, Payton's family is also coping with the news that the arrest was caused by the growth of a very large tumor in her chest that is shutting off her circulatory system."The hospital held off on performing the second brain death examination because Payton's family filed that temporary restraining order against the facility. It was filed in order to keep her on the ventilator until they found another hospital that could take their daughter. The family's co-counsel Paul Stafford said last week that the family contacted about 25 other facilities, but there were no takers."Unfortunately, after 25 out of 28 facilities that were contacted, we had no takers. We have two maybes, and those were preconditioned on certain things which may be life-threatening to Payton if performed," he said.Kim Brown, a spokeswoman for the hospital, said in a statement this month, "Cook Children's has been informed that we no longer have the ability to speak to media about Payton Summons. Although the family previously signed a consent form authorizing the release of information protected by the Health Insurance Portability and Accountability Act (HIPAA), we have been notified by the family's lawyer that the family has revoked their consent for us to speak about Payton's condition."Unfortunately, this means that we are no longer able to provide detailed, factual information regarding this case. We're disappointed that the family has revoked their authorization because we believe that accurate information facilitates fair, balanced and informed reporting." 4031
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