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Did you dabble in bitcoin in 2017, riding the cryptocurrency roller coaster that seemed to captivate the nation? You may be on the hook for taxes — no matter how you acquired or used it.You can run afoul of IRS rules on bitcoin in a few surprising ways. Here’s how using bitcoin can affect your tax situation. 322
EL CAJON, Calif. (KGTV) -- A woman was arrested Sunday after an El Cajon officer was seriously injured after being dragged by a vehicle earlier in December.According to police, Keani Flores, 28, was a passenger in the vehicle involved in the assault on the officer, Nick Cirello.The driver of the vehicle, David Pangilinan was seen in the Oakhurst area by officers,When police tried to conduct a traffic stop, Pangilinan fled the scene and “evaded apprehension,” police said. Flores was reportedly located at a motel nearby. Authorities are still searching for Pangilinan.Officer Cirello was hit by the vehicle on December 14 on the 100 block of West Washington Street after officers responded to a call regarding a vehicle blocking the roadway with the driver and passenger asleep inside the vehicle.When officers tried to wake the pair up, the driver provided identification for someone else before starting the vehicle.When Cirello tried to stop him, he was dragged before being struck by another vehicle traveling past the scene.Cirello was taken to the hospital before being released on December 18. He is expected to make a full recovery.Anyone with information about the case is asked to call the El Cajon Police Department at 619-579-3311 or Crime Stoppers at 888-580-8477. 1289
Dozens of common breakfast cereals and snack bars have trace amounts of a controversial herbicide found in the weed killer Roundup, according to a report released today by an environmental advocacy group.The Environmental Working Group (EWG) found that 26 of the 28 products it tested had levels of Roundup's main ingredient, glyphosate, that were "higher than what EWG scientists consider protective of children's health." An earlier report found similar results in over thirty oat-based foods.List: The name-brand breakfast cereals and snack bars that contain weed killer chemicalManufacturers say their products are safe, but the EWG report argues that the vast majority of foods tested -- such as Honey Nut Cheerios and Quaker Simply Granola Oats -- have glyphosate levels that might pose a cancer risk with long-term consumption.None of the foods violated EPA limits on the herbicide, but the EWG uses a far more conservative health benchmark. California's proposed glyphosate limit, which would be the most restrictive in the country, still allows for glyphosate levels that are over a hundred times higher than the EWG's threshold.The environmental group says its lower threshold includes an added buffer for children, as "exposure during early life can have more significant effects on development later in life," according to Dr. Alexis Temkin, the lead scientist on EWG report.But manufacturers dispute that threshold. Quaker said in a statement that the "EWG report artificially creates a 'safe level' for glyphosate that is detached from those that have been established by responsible regulatory bodies in an effort to grab headlines." 1656
DETROIT, Michigan — General Motors made a major announcement on Monday saying it will close two plants in metro Detroit as well as plants in Ohio and Canada. The plan will help save the company billion by 2020, according to GM.In a news release, the company said it will close the Detroit-Hamtramck Assembly Plant in Detroit and Warren Transmission Operations in Warren. Other plans closing include the Oshawa Assembly Plant in Oshawa, Ontario, the Lordstown Assembly in Warren, Ohio and the Baltimore Operations in White Marsh, Maryland.According to a spokesperson for GM, the plants will be unallocated which means they will no longer produce vehicles in those plants in 2019. According to the company, the future of the plants will be part of contract talks with the UAW next year.PHOTOS: GM will stop producing these 6 vehicles“The actions we are taking today continue our transformation to be highly agile, resilient and profitable, while giving us the flexibility to invest in the future,” said GM Chairman and CEO Mary Barra. “We recognize the need to stay in front of changing market conditions and customer preferences to position our company for long-term success.”According to the release, GM will lay off 14,700 factory and white-collar workers. Of those, 8,100 will be white-collar workers that will either take buyouts or be laid off.The company said that the moves will help continue its focus on crossovers, SUVs and trucks. With the move, GM plans to cut 25 percent of the executive staff and 15 percent of the salaried and salaried contract staff."These actions will increase the long-term profit and cash generation potential of the company and improve resilience through the cycle," Barra added in the release.Detroit Mayor Mike Duggan called the news "troubling," saying he spoke with Barra on Monday morning and has also spoken with UAW President Gary Jones as well as Detroit's economic development team."We all know there is strong demand for manufacturing space in Detroit and we are willing to work with GM to fill all the available manufacturing space at Poletown with either GM-related entities or other companies," Duggan added.Rep. Debbie Dingell, who represents Michigan's 12th Congressional District, is calling on Congress to "work on bipartisan policies that keep manufacturing jobs in this country," adding that she cares deeply for the families affected by the news.According to General Motors, the restructuring will help the company focus more on the electric and autonomous vehicle programs over the next two years. Those focuses include expanding the use of virtual tools, integrating vehicle and propulsion engineering teams, increase component sharing and compress global product development campuses. 2774
EL CAJON (CNS) - Murder and attempted murder charges were filed Friday against a man accused of shooting two men in El Cajon earlier this year, killing one of them.Roberto Hernandez, 26, faces 59 years to life in state prison if convicted of the charges stemming from the March 20 shooting that killed James Bowens, 20, and injured another 20-year-old man, both El Cajon residents, according to Deputy District Attorney Clayton Carr.Police said officers responded just before 8 p.m. to reports of gunshots in the area of 700 Applewood Drive. Witnesses said "a confrontation had taken place in the street near the intersection of Applewood Drive and Cedar Street," according to El Cajon police.Bowens died at a hospital of at least one gunshot to his upper body and the other man was shot in the leg, police said.A suspected motive for the shooting, and the relationship, if any, between Hernandez and the victims, was not disclosed.Hernandez, who entered a not guilty plea, is being held without bail and is due back in court June 29, according to county jail records. 1076