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The hurricane that swept ashore in Louisiana less than 24 hours ago has weakened to a tropical depression and is bringing heavy rain to western Mississippi.The National Hurricane Center says maximum sustained winds of what was once Hurricane Delta were clocked at 35 mph at around 10 a.m. local time Saturday. At that time, the storm was centered about 65 miles north-northwest of Jackson, Mississippi, and was moving northeast at 16 mph.Tropical storm-force winds gusts will persist for a few more hours over portions of Mississippi and southeastern Arkansas during the day Saturday.Officials say heavy rainfall will lead to flash flooding and minor river flooding across Lower Mississippi and Tennessee Valleys Saturday and into the Southern Appalachians through Sunday.“Minor to major river flooding will continue across portions of Louisiana and Mississippi through much of the week,” NHC said.Hurricane Delta made landfall as a Category 2 storm in southwestern Louisiana. The center of the storm hit land at 6 p.m. Friday near Creole, with top winds of 100 mph.Around landfall, a National Weather Service water gauge at Freshwater Canal Locks, Louisiana, reported a storm surge inundation of more than 8 feet above ground level. The NHC says water levels will continue to subside along the Louisiana coast Saturday.Delta was the 10th named storm to hit the continental United States this year, breaking a century-old record. 1437

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 original cast of "Hamilton" is reuniting Friday for a virtual fundraiser for Democratic presidential nominee Joe Biden.Cast members will include creator Lin-Manuel Miranda and Daveed Diggs, Renée Elise Goldsberry, Jonathan Groff, and Leslie Odom, Jr. as part of a special "grassroots fundraiser" for the Biden Victory Fund.The cast will participate in a Q&A that will be moderated by director Thomas Kail. Cast members will then entertain with a performance afterward.The fundraiser begins at 9 p.m. ET, and any donation is accepted to join the event. 567

The Ohio State University announced on Friday that its investigation into coach Urban Meyer's handling of domestic violence allegations involving Meyer's assistant coach Zach Smith will conclude on Sunday, as scheduled. A six-person review board investigating the matter will then draft a report, which will be discussed at a closed-door meeting of the university's board of trustees. Following the meeting, which will likely take place sometime next week, university president Michael Drake could announce possible sanctions. Meyer was placed on paid administrative leave on Aug. 1 after a report published by former ESPN reporter Brett McMurphy claimed Meyer knew that Smith's wife had accused her husband of assaulting her. McMurphy also published photos of the woman which included a number of bruises. Those photos had previously been shared with Meyer's wife Shelley, who is also an employee of Ohio State. On Aug. 3, two days after he was suspended by OSU, Meyer released a statement admitting that he had lied to reporters about his knowledge of the allegations but claimed that he had followed proper protocol in reporting the incident to university officials. The alleged incident took place in 2015, while Smith was a wide receiver coach for Ohio State. Smith was not charged for the possible incident and did not face any punishment from Ohio State, according to public records obtained by Scripps National.Smith was fired in July when McMurphy had uncovered that Smith's wife had placed a protection order against her now ex-husband.  1600

The House ways and means committee began its work Monday on a massive tax overhaul, but the day quickly devolved into a partisan food fight, with Democrats claiming Republicans were rushing their bill in an effort to score political points.Just minutes into the hearing, Democrats tried to postpone the mark-up all together arguing that the parties had not had enough time to properly digest the 429-page bill?that was just introduced last week and hadn't been the focus of committee hearings."This bill needs some vetting," Rep. Lloyd Doggett, a Democrat from Texas, said. "In the President's words, it needs extreme vetting." 640