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NBA commissioner Adam Silver said Tuesday that he believes that the league's next season won't begin until 2021."We said a week ago or so that the earliest we would start is Christmas of this year," Silver told sportscaster Bob Costas during an appearance on CNN Tuesday. "But the more I'm learning and listening to Dr. Fauci this morning, I continue to believe that we're going to be better off getting into January."The NBA season typically tips off in October, with the NBA Finals culminating in June. However, the current 2019-2020 season was delayed for several months due to the COVID-19 pandemic, and the league is currently is still in the midst of the conference semifinals.In addition, Silver said Tuesday that it's the league's goal to play a standard 82-game season and playoffs in 2021."Further, the goal would be to play games in home arenas in front of fans, but there's still a lot we need to learn in terms of rapid testing, for example. Would that be a means of getting fans into our building? Will there be other protections?" Silver said.Upon restarting its season in July, the NBA opted to hold all games and board all players, coaches and team personnel at the ESPN Wide World of Sports Complex at Disney World. Players and coaches must remain at the resort at all times in order to be eligible to play. Only about two-thirds of teams continued play in the 2020-21 season, and a seeding round was conducted before the standard playoffs began.MLB and the NFL chose to play games in home stadiums with limited or no attendance upon the start of their seasons. Silver says he hopes to learn from those sports before making a final decision on the 2021 season."There's a lot of new information out there in the marketplace that we're looking to absorb. But the goal is to play a standard season," Silver said. 1835

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

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 1,000 people are unaccounted for and thousands of survivors are living in cars and tents as California's deadliest wildfire enters a second week."It is overwhelming, I don't have any word to describe it," Butte County Sheriff and Coroner Kory Honea told CNN on Saturday. "This is unprecedented. No one has had to deal with this magnitude that caused so much destruction and regrettably so much death."Saturday, President Donald Trump went to California and got a firsthand look at the burned-out town of Paradise, where many breathing-mask-wearing onlookers stood by the road taking photos. Accompanying Trump were Gov. Jerry Brown and Gov.-elect Gavin Newsom."We're all going to work together and we'll do a real job, but this is very sad to see," Trump said.With the Camp Fire's death toll now at 71, the list of those missing from the fire zone has grown to 1,011 names, though that may change after authorities follow up with families, officials cautioned.The deadliest and most destructive wildfire in state history, the Camp Fire has destroyed more than 9,800 homes and scorched 148,000 acres since starting November 8. It was 55% contained as of Saturday morning.Meanwhile, three more deaths were reported in the Woolsey Fire in Southern California, bringing the statewide death toll from the wildfires to 74.More than 230,000 acres have burned in California in the past week -- an area larger than Chicago and Boston combined. In the past 30 days, firefighters have battled more than 500 blazes, said Cal Fire, the state's forestry and fire protection agency. 1585

NATIONAL CITY, Calif. (KGTV) -- A suspect was taken into custody Monday night after an hours-long standoff in National City following a shooting. According to deputies, the shooting happened on the 2300 block of Prospect Street near Lincoln Acres School. Authorities confirmed that one person was shot but were unable to give further details. Deputies say the suspect barricaded himself inside a home after the shooting. A portion of Prospect Street was closed off for hours due to the incident.  529

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