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☆ Jamie Dimon is the latest CEO to weigh in on RTO — this time, for DC federal workers
▼ + stars: | 2024-09-20 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Read previewFederal workers in Washington, DC, still have flexibility about where they work, and JPMorgan Chase CEO Jamie Dimon isn't impressed. In the middle of an answer, Dimon added: "By the way, I'd also make Washington, DC, go back to work. Last year, the Biden Administration pushed for federal employees to return to in-person office work. Many federal workers have indeed returned to the office for at least part of the week. He also said, however, that employees who don't like their RTO policy can find jobs elsewhere, according to The Economist.

Persons: —, Jamie Dimon isn't, Dimon, Jeffrey Goldberg, Donald Trump, Kamala Harris, I'd, Andy Jassy, CBRE Organizations: Service, JPMorgan Chase, The, Business, JP, JPMorgan, Amazon, Biden Administration, Protection Agency, Federal News Network, Department of, Treasury, Department of the, Management, Futures Trading Commission Locations: Washington , DC, Washington, DC

While top executives from Alphabet , Meta and Microsoft are headed to Capitol Hill on Wednesday for a hearing on election threats, Elon Musk's X won't be participating. A representative for Sen. Mark R. Warner, the Democratic chair of the Senate Intelligence Committee, said in an emailed statement that X "declined to send an appropriate witness." The hearing is titled "Foreign Threats to Elections in 2024 — Roles and Responsibilities of U.S. Tech Providers." On Wednesday, Musk shared a false story on X that claimed explosives were found in a car near Trump's planned rally in Long Island, New York. "Under X, they are absent and some of the most egregious activity has taken place" on the platform, Warner said.

Persons: Elon Musk's, Sen, Mark R, Nick Pickles, Pickles, Kent Walker, Nick Clegg, Brad Smith, Marco Rubio, Joe Biden, Donald Trump, Biden, Merrick Garland, Musk, Kamala Harris, Harris, Warner Organizations: Microsoft, Capitol Hill, Warner, Democratic, Senate Intelligence, X, CNBC, U.S . Tech Providers, Republican, Social Design Agency, U.S . Department, Foreign Assets, Nassau County police, SpaceX, FAA Locations: Russian, Russia, Iran, China, Long Island , New York, Nassau County

☆ Burnout could be to blame for security failures around Trump, former Secret Service agents say
▼ + stars: | 2024-09-17 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

In a Monday press conference discussing the incident, the acting director of the Secret Service called for "some hard conversations with Congress." "If I was making decisions, I would push them to eliminate all their investigations, aside from investigating threats toward people under Secret Service protection." Because the men and women of the Secret Service right now, we are redlining them." Of the Department of Homeland Security's $64.81 billion total budget, the Secret Service in 2024 was allotted $3.27 billion — increasing less than $400,000 since 2022. Secret Service agents "are rising to this moment," Rowe said, but "We have to have it every day.

Persons: Donald Trump, Trump, Kenneth Valentine, Valentine, Valentine —, Jeffrey James, —, James, there's, Ronald Rowe, Rowe Organizations: Service, Business, Trump International Golf, Secret Service, Department of Homeland Security, Department of, Treasury, DHS, Secret, Walmart, Trump, Department of Homeland

☆ Analysis: Ryan Routh’s support for Ukraine is a propaganda win for Moscow, at a very tricky time for Kyiv
▼ + stars: | 2024-09-17 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +6 min

Someone like Routh was quite easy to meet in Ukraine in the opening months of Russia’s full-scale war in 2022. But already, Moscow’s prolific echo chambers have begun to fashion a narrative in which US support for Ukraine is somehow extremist. People stand near the sports complex of a university after Russian missile attacks in Kyiv, Ukraine, on September 2. The clamor of support for Ukraine to receive US permission to fire longer-range US-supplied missiles at targets deeper inside Russian territory had been growing. The sudden insertion of a wayward extremist like Routh is a loud, confusing wild card, at a time when support for Ukraine urgently needed a calm and balanced voice.

Persons: Ryan Wesley Routh, Donald Trump, Routh, Oleksandr Shaguri, “, ” Routh, Dmitri Peskov, ”, Marjorie Taylor Greene, ’, Putin, –, Maxym, Volodymyr Zelensky, Biden, Joe Biden Organizations: London CNN, Kyiv, Russia, Ukraine, New York Times, Foreigners, Department, Land Forces Command, CNN, Global Citizen –, Reuters, Russian, Republican Locations: Ukraine, Russia, Europe, Ukrainian, Kyiv, Pakistan, Iran, Global Citizen – Taiwan, Afghanistan, North Korea, Florida, America, United States, Russian

Routh became animated when writing about Trump, and he frequently weighed in on US and global current events on social media. He even commented on the first assassination attempt on Trump, when the former president was wounded by a gunshot during a rally in Pennsylvania in July. According to Cernea, Routh described Russian President Vladimir Putin’s invasion of Ukraine as a “black and white… good versus evil” conflict. Hawaiian business owner Saili Levi told CNN he had paid Routh $3,800 up front to build a trailer for his business. Levi said when he asked Routh to improve the work via email, Routh ranted at him.

Persons: CNN — Ryan Wesley Routh, Donald Trump, Routh, Trump, Ryan Wesley Routh, “, ”, ” Routh, Joe Biden, Kamala Harris, “ Trump, Ryan Routh, ’, Oleksandr Shaguri, Remus Cernea, it’s, ” Cernea, Cernea, Vladimir Putin’s, “ Putin, ” Oran, Saili Levi, Levi, Routh ranted, you’re, ” Levi Organizations: CNN, US Secret Service, LinkedIn, Honolulu Star, Democratic, Trump, Global Citizen, Independence, Ukraine, Foreigners, Department, Land Forces Command, Legion, Newsweek Romania, AFP, Russia Locations: Ukraine, Taiwan, North Korea, Kyiv, Hawaii, Honolulu, North Carolina, Afghanistan, Iran, Tehran, Moscow, Pennsylvania, Ukrainian, Mariupol, Kyiv’s, United States, Oran, Florida

☆ Russia expels six U.K. diplomats as tensions rise over Ukraine missiles
▼ + stars: | 2024-09-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +6 min

Russia announced the expulsions hours before British Prime Minister Keir Starmer met U.S. President Joe Biden at the White House, a crucial step towards winning the go-ahead for Kyiv to use long-range missiles against targets in Russia. Neither Biden nor Starmer addressed long-range missiles in brief comments in front of reporters. Sources say the meeting is another step in talks to allow Ukraine to use Western long-range missiles against targets in Russia, something Ukrainian President Volodymyr Zelenskyy has been demanding for months. The six UK diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.

Persons: Keir Starmer, Joe Biden, “, ” Biden, Starmer, Biden, ” Starmer, Vladimir Putin, Putin, ”, Volodymyr Zelenskyy, John Kirby, Kirby, Maria Zakharova, ” Zakharova Organizations: British, White, Ukraine, FSB, Soviet KGB, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, British Foreign, Biden, United Nations General Assembly, House, The New York Times, Russian Foreign Ministry Locations: Moscow, Ukraine, Britain, Russia, Kyiv, United States, Russian, Western, Washington, London, Iran, Soviet, British, Eastern Europe, Central Asia, Europe, Vienna

The third-quarter estimated tax deadline for 2024 is Sept. 16, and skipping a payment could trigger a penalty, according to the IRS. Some filers also need estimated payments if they haven’t withheld enough taxes from a full-time or part-time job. Estimated payments can help avoid “refund disappointment or balance due shock,” said Mark Steber, chief tax information officer of Jackson Hewitt. For 2024, the quarterly estimated tax deadlines are April 15, June 17, Sept. 16 and Jan. 15, 2025. You can use your online account, IRS Direct Pay or the U.S. Department of the Treasury’s Electronic Federal Tax Payment System, or EFTPS.

Persons: ”, Mark Steber, Jackson Hewitt, there’s, Tricia Rosen, Virgin Organizations: Taxpayers, IRS, U.S . Department Locations: Newburyport , Massachusetts, Puerto Rico

☆ Russia expels six British diplomats it accuses of spying and sabotage activity
▼ + stars: | 2024-09-13 | by ( ) edition.cnn.com time to read: +2 min

Reuters —Russia’s FSB security service said on Friday it had revoked the accreditation of six British diplomats in Moscow whose actions it said showed signs of spying and sabotage work. Britain’s embassy in Moscow did not immediately respond to a Reuters request for comment. “Thus, the facts revealed give grounds to consider the activities of British diplomats sent to Moscow by the directorate as threatening the security of the Russian Federation,” the FSB said in a statement. The six diplomats were named on Russian state TV, which also showed photographs of them. The FSB said Russia would ask other British diplomats to go home early if they were found to be engaged in similar activity.

Persons: Reuters —, ”, Maria Zakharova Organizations: Reuters, FSB, Soviet KGB, Ukraine, Russian Federation, Federal Security Service, Ministry of Foreign Affairs of Russia, British Embassy, Russian Foreign Ministry, TASS, British Locations: Moscow, Britain’s, Soviet, British, London, Eastern Europe, Central Asia, Russia

☆ How the New Hampshire National Guard failed to protect women
▼ + stars: | 2024-09-13 | by ( Haley Britzky | ) edition.cnn.com time to read: +19 min

His attorney told CNN Patterson is expected to retire as a major, one rank below lieutenant colonel, by November 1. His case is perhaps the most high-profile example of a problem women say has plagued the New Hampshire National Guard for years: A toxic, sexist work environment. The New Hampshire National Guard told CNN in a statement that 2023 was an anomalous year for sexual assault reports. “There’s way too much of ‘foxes guarding the henhouse’ in every angle of the [National Guard Bureau],” the IRC member said. “The National Guard belongs to the governors, and so they can do what they want.”The office of New Hampshire Gov.

Persons: Mark Patterson, Patterson, ”, he’d, CNN Patterson, “, Kennith Kruger, Patterson “, ’, Katrina Dupuis, Dupuis, weren’t, ’ ” Dupuis, ” Dupuis, she’d, “ aren’t, David Mikolaities, didn’t, Emily Paige Kamal, ” Kamal, Kate Kuzminski, ” Kuzminski, Maj, Charles Johnston, Chris Sununu, Sununu, Jaleesa Ackerman, Ackerman, ’ ”, Keri Wareing, Wareing, ” Wareing, Jeanne Shaheen, they’ve, Shaheen, OCI, Shaheen “, They’re Organizations: CNN, New Hampshire National Guard, Army, National Guard, Guard, New Hampshire National, New Hampshire National Guard’s Army, Department of, New, New Hampshire Department of Military Affairs, Veterans Services, The New Hampshire National Guard, ‘, Pentagon, Military, Veterans, Center, New American Security, Pembroke , New Hampshire . Tech, Defense, Independent Review Commission, National Guard Bureau, New Hampshire Gov, Services, Manchester Police Department, Mikolaities, Criminal, Organization, Independent, Capitol, Senate Armed Services Committee, Senate National Guard Caucus Locations: New Hampshire, Wyoming, NH, The, New American, Pembroke , New Hampshire, New

After eight years of threatening to repeal the Affordable Care Act, more commonly known as Obamacare, former President Donald Trump still doesn’t have a comprehensive plan to replace it. People in the U.S. pay roughly twice as much for health care than any other nation on earth. But is it feasible to create a new health care law that reduces the escalating costs? “Right now, Obamacare is the status quo in health care,” said Larry Levitt, executive vice president of health policy at KFF, a nonprofit group that researches health policy issues. Harris has committed to extending the subsidies; Trump has remained silent.

Persons: Donald Trump, ”, John A . Graves, “, Kamala Harris, Trump, ” Trump, —, Larry Levitt, ” Levitt, Graves, Gerard Anderson, ” Graves, Jill Horwitz, David Sanders, “ We’ve, we’ve, ” Horwitz, Horwitz, Harris, Levitt, “ Trump, that’s Organizations: Trump, Vanderbilt University School of Medicine, U.S . Department of, Treasury, Congressional, “ Republicans, ACA, Republicans, Republican, Committee, House Republicans, Johns Hopkins University Bloomberg School of Public Health, Budget, Affordable, Law, Medicine, UCLA School of Law Locations: United States

☆ A small bakery is out thousands of dollars after a check for a 1,000-cupcake order turned out to be a scam
▼ + stars: | 2024-09-05 | by ( Joshua Nelken-Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA Los Angeles bakery was caught up in a counterfeit-check scam after receiving an order for 1,000 cupcakes. Stern told KABC the "odd" order did raise suspicion, largely because her bakery primarily specializes in occasion cakes and cookies with edible flowers, not cupcakes. Stern told the outlet the bank informed her that if the funds cleared, which they later did, the check was probably legitimate. "They said, 'Oh, it's been cited as a counterfeit check,'" Stern told the outlet. Stern told KABC the experience left her feeling "disheartened about humanity."

Persons: —, Loria Stern, Stern, We've, it's, she'd Organizations: Service, KABC, Business, US Department of, Treasury, US Justice Department, Public Safety Canada Locations: Angeles

☆ Musk embraces Trump and scorns subsidies. But Tesla still lobbies for US benefits
▼ + stars: | 2024-08-12 | by ( ) www.cnbc.com time to read: +5 min

Musk could "sacrifice some of the short-term interest in Tesla," Ward added, "if it'll satisfy the long-term interests of his ambitions." Musk and Tesla didn't respond to requests from Reuters for comment. The growing bond between Trump and Musk could be on display Monday night, when the Tesla boss is scheduled to interview the Republican candidate on X, Musk's social media platform. It's unclear exactly what ambitions Musk could seek to advance through his increasingly vocal rejection of progressive platforms – from EV subsidies to identity politics. A Reuters review of Congressional lobbying records – and Tesla's public comments to federal and state regulators – shows that the company has continued working to shape public policy in favor of such benefits.

Persons: Elon Musk, Samuel Corum, Donald Trump, Tesla, Biden, Trump, –, Elon, Mike Murphy, Andrew Ward, Ward, Musk, Gavin Newsom Organizations: Tesla Inc, Bloomberg, Getty, Tesla, Republican Party, Democratic Party, U.S . Environmental Protection Agency, Republican, Reuters, Lehigh University, Trump, Democratic, U.S . Department of Energy, U.S . Department of, Treasury Locations: Washington , DC, U.S, California, Los Angeles, EVs, Fremont , California

☆ I quit my job at 55 and moved to Italy for retirement. I lost my incredible pension, but I'm so much happier now.
▼ + stars: | 2024-08-08 | by ( Jane Ridley | ) www.businessinsider.com time to read: +6 min

I quit my government job in January 2022, two months after returning from a European vacation with my son, Ryan. I lost count of the people who said I'd lose a big chunk of my pension if I didn't retire at 65. Ryan qualified for Italian citizenship if he wanted to apply for it. AdvertisementSperoni and her son, Ryan, when they lived in Sacramento. He said I'd love the place.

Persons: —, Lisa Speroni, Ryan, I'd, isn't, I'm, Speroni, he'd, Medusa, — I'd, Italy Ryan, I've Organizations: Service, Business Locations: Italy, California, Italian, Sacramento, Florence, Salerno, Turin, Amalfi Coast, Rome

☆ Bitcoin is up more than 50% this year — here are key crypto tax rules every investor should know
▼ + stars: | 2024-07-29 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

After holding crypto for more than one year, you'll qualify for long-term capital gains of 0%, 15% or 20%, depending on taxable income. Higher earners may also owe an extra 3.8% levy, known as net investment income tax. By comparison, short-term capital gains or regular income taxes apply to assets owned for one year or less. New crypto reporting rulesThe U.S. Department of the Treasury and IRS in June released final guidance for digital asset brokers, which phases in mandatory yearly reporting. With limited past reporting on basis, crypto investors can still establish a "reasonable allocation" before Jan. 1, 2025, according to an IRS revenue procedure released in June.

Persons: Donald Trump, Jon Cherry, Adam Markowitz, Andrew Gordon Organizations: Republican, Getty, IRS, Luminary, Internal Revenue Service, U.S . Department of, Treasury, Gordon Law Group Locations: Nashville , Tennessee, Windermere , Florida

☆ The alleged Mexican drug cartel bosses arrested or extradited in recent years
▼ + stars: | 2024-07-27 | by ( Karol Suárez | ) edition.cnn.com time to read: +6 min

CNN —Federal agents arrested two Mexican alleged cartel bosses on Thursday, including Joaquin Guzmán López, the son of infamous cartel boss Joaquin “El Chapo” Guzman, in one of the biggest victories for US law enforcement in recent years. Zambada is a co-founder of the Sinaloa cartel. He faces charges in the US for conspiracy to import and distribute drugs, along with his brother Joaquín Guzmán López. Ismael “El Mayo” Zambada and Joaquín Guzmán López (July 2024)Ismael “El Mayo” Zambada was arrested on Thursday, July 25, 2024, in El Paso, Texas, alongside Joaquín Guzmán López, 38, son of El Chapo. Zambada is considered by US authorities to be the current leader of the Sinaloa cartel.

Persons: Joaquin Guzmán López, Joaquin “ El Chapo ” Guzman, Ismael “ El, Zambada, “ ‘, Guzmán López, ”, General Merrick Garland, Antonio Yépez Ortiz, El, Antonio Yépez, “ El Marro ”, José Antonio Yépez Ortiz, Alfonso Durazo, “, Marro ”, Yépez, Rafael Caro Quintero, Rafael Caro Quintero AP Rafael Caro Quintero, Caro Quintero, Miguel Ángel Félix Gallardo, Enrique “ Kiki ” Camarena, Ovidio Guzmán López, Ratón ”, “ El, Guzmán, Joaquín Guzmán, Andrés Manuel López Obrador, Néstor Isidro Pérez, Administration Néstor Isidro Pérez “, Nini ”, Néstor Isidro Pérez Salas, Pérez, Ismael “ El Mayo ” Zambada Organizations: CNN, Investigators, Ismael “ El Mayo ” Zambada, “ ‘ El Mayo ’, Sinaloa Cartel, Department of Justice, Lima Cartel, State Attorney, Rafael Caro Quintero AP, Mexican Navy, US State Department, US Department of, Treasury, US Department of Justice, United States Drug, Administration, District of Columbia, of, Ismael “ El Mayo ”, ” Authorities Locations: Sinaloa, El Paso , Texas, “ ‘ El, United States, Santa Rosa, Lima, Guanajuato, Lima Cartel, Guadalajara, Mexico, Culiacán, District, Southern, of New York, New York

☆ Martin S. Indyk, Diplomat Who Sought Middle East Peace, Dies at 73
▼ + stars: | 2024-07-25 | by ( Mark Landler | ) www.nytimes.com time to read: +1 min

Martin S. Indyk, a diplomat, author and foreign-policy thinker who spent decades trying to solve the riddle of Middle East peace, twice as the United States ambassador to Israel and later as a special envoy for President Barack Obama, died on Thursday at his home in New Fairfield, Conn. An Australian-bred academic with a quick wit, blunt manner and pro-Israel pedigree, Mr. Indyk cut an unconventional figure in the State Department of the 1990s. But he propelled himself to the heart of America’s efforts to make peace between the Israelis and Palestinians. In 2013, he shuttled from one side to the other as Mr. Obama’s emissary. Fifteen years earlier, he helped craft an agreement between them at the Wye Plantation in Maryland on behalf of President Bill Clinton.

Persons: Martin S, Barack Obama, Gahl Hodges Burt, Indyk, Obama’s, Bill Clinton Organizations: State Department of Locations: East, United States, Israel, New Fairfield, Conn, Australian, Wye, Maryland, Jerusalem, Kippur

There are several different types of banks, such as traditional brick-and-mortar banks, online banks, and smaller, local banks. This means that credit unions are more likely to offer good rates than banks, although depending on your local credit union, the best banks might offer better rates. While individual credit unions won't necessarily offer everything a large bank does, credit unions can offer everything from CDs to car loans to safety deposit boxes. Banks vs. Credit Unions FAQsCan anyone become a part of a credit union? Yes, you can get different types of loans, including mortgages, car loans, and lines of credit at credit unions.

Persons: Banks, We'll, Pamela Capalad, they've, BrioDirect, I've, Capalad, You'll Organizations: CFP, AFC, Brunch, U.S . Department of, Treasury, Community, Banks, ., Chevron Locations: United States, you'll

☆ Read the Ruling That Dismisses the Documents Case Against Trump
▼ + stars: | 2024-07-15 | by ( ) www.nytimes.com time to read: +2 min

Case 9:23-cr-80101-AMC Document 672 Entered on FLSD Docket 07/15/2024 Page 34 of 93 i. Statutory History The currently codified version of Section 515(b) can be traced back to the establishment of the Department of Justice in 1870. See An Act to Establish the Department of Justice, ch. 150, 16 Stat. 162, 164–65 (1870) (hereinafter, the "DOJ Act"). Put another way, nothing in this language shows Congress's intent that “special assistants”—personnel authorized to "assist in the trial of any case in which the government is interested"—would function with the power of a United States Attorney.

Persons: “, ” Organizations: Department of Justice, Attorney, United Locations: United States

☆ Secret Service comes under intense scrutiny for 'major failure' following shooting at Trump rally
▼ + stars: | 2024-07-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

Read previewThe US Secret Service has come under intense scrutiny following a fatal shooting that left former President Donald Trump wounded at his rally Saturday night. As news of the shooting was still breaking, notable figures were quick to question the Secret Service and its leadership following the shooting. Matt Shoemaker, a former intelligence officer at the Defense Intelligence Agency, went as far as calling the shooting a "major failure" of the Secret Service. Representatives for the Secret Service were not present at the press conference to respond to questions about the incident. Trump's campaign, as well as the Republican National Committee, have indicated the party's planned convention in Milwaukee this week will proceed following the rally shooting.

Persons: —, Donald Trump, Matt Shoemaker, I've, Shoemaker, Yasin Demirci, Getty Images Trump, Anthony Guglielmi, Trump's, Kevin Rojek, Trump, Shoemaker wasn't, Ken Gray, Gray, Elon Musk, Kimberly Cheatle, Cheatle, Musk, Mike Johnson, Johnson Organizations: Service, Business, Defense Intelligence Agency, Trump, Getty Images, Secret, FBI, Secret Service, Representatives, BBC, University of New, Pepsi, Republican National Committee, DHS Locations: Pennsylvania, Anadolu, University of New Haven, Milwaukee

☆ Treasury, IRS announce 'major milestone' of $1 billion in past-due taxes collected from millionaires
▼ + stars: | 2024-07-11 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024. The U.S. Department of the Treasury and the IRS on Thursday announced what they called a "major milestone" of collecting more than $1 billion in tax debt from high-income individuals over the past year. "The IRS has collected $1 billion from millionaires and shown that it can successfully launch strategic new initiatives and achieve the greatest return on investment," Treasury Secretary Janet Yellen told reporters during a press call. The infusion of IRS funding, enacted via the Inflation Reduction Act in 2022, still has its critics, however, particularly among congressional Republicans. "During the past decade, the IRS didn't have the resources or staffing to pursue high-income earners who our compliance team knew owed taxes," IRS Commissioner Danny Werfel said during the press call.

Persons: Danny Werfel, Janet Yellen, Biden Organizations: Revenue, Capitol, U.S . Department of, Treasury, IRS, Finance Locations: Washington

☆ What the new IRS guidance on crypto tax reporting means for investors
▼ + stars: | 2024-07-01 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

The U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers — and crypto investors have limited time to prepare, experts say. Mandatory yearly reporting will phase in starting in 2026, with digital currency brokers required to cover gross proceeds from sales in 2025 via Form 1099-DA. In 2027, brokers must include cost basis, or purchase price, for certain digital asset sales for 2026. "These regulations are an important part of the larger effort on high-income individual tax compliance," IRS Commissioner Danny Werfel said in a statement. The new IRS regulations come roughly four months after the agency hired two former crypto executives to improve digital currency service, reporting, compliance and enforcement programs.

Persons: Danny Werfel, Everybody's, James Creech, Baker Tilly Organizations: U.S . Department of, Treasury, IRS, Finance, Taxation, CNBC Locations: U.S

☆ 'Shadow Stand-Ins': How Workers Secretly Outsource Their Jobs
▼ + stars: | 2024-06-30 | by ( Rob Price | ) www.businessinsider.com time to read: +20 min

Related storiesThough Remi recruited people she knew, shadow stand-ins are often sourced from a complex online web of faceless providers. Facebook Groups are a popular forum for recruiting shadow stand-ins, providing a two-sided marketplace where workers and providers can connect to one another. The dustup highlighted a key drawback to shadow stand-ins: While alluring, things can go horribly wrong. "It required a lot of micromanaging," said a backend engineer in Pennsylvania who hired shadow stand-ins to help him juggle multiple jobs. Pay rates for shadow stand-ins are "definitely more than what people earn in their regular payday, that's for sure," he said.

Persons: Remi, Zer, couldn't, — Remi, Walter Keane, Margaret, Tim Ferriss, Raj Kumar, isn't, Kevin, Andrew, it's, Lorenzo Matteucci, Brandon Nowak, —, Amber Clayton, Tim Woodruff, Woodruff, they're, Ranjan, Kiran, Rahul, Peter Steele, Michel Anteby, doesn't Organizations: Business, Labor, Verizon, Southwestern, Facebook, Amazon Web Services, BI, Companies, Corporations, Society for Human Resource Management, Secret Service, Department of, Treasury, FBI, LinkedIn, Boston University Locations: Chicago, India, Pakistan, China, Southwestern US, Atlanta, San Jose , California, Bengaluru, American Java, Southeast Asia, United States, Colorado, Southern California, Pennsylvania, Washington, Indian, Michigan, Oregon, England

☆ These gay military veterans wonder what Biden’s new pardon means for them
▼ + stars: | 2024-06-30 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +12 min

The pardon won’t automatically change the record of convicted veterans, but it will allow them to apply for a certificate that will help them receive withheld benefits. “Our nation’s service members stand on the frontlines of freedom, and risk their lives in order to defend our country. Despite their courage and great sacrifice, thousands of LGBTQI+ service members were forced out of the military because of their sexual orientation or gender identity,” Biden said. A service member’s discharge status can determine what Veterans Affairs benefits they are eligible for. To get their records changed under the pardon, veterans will need to complete an online application, which will go to their military service department.

Persons: Mona McGuire, Karla Lehmann, “, ” McGuire, McGuire, ”, Lehmann, Joe Biden, Biden, ‘ What’s, ’ ” Lehmann, Biden’s, ” Biden, Christie Bhageloe, Bhageloe, Don’t, Ruth Castro, ’ McGuire, “ I’m, I’m, …, ’, I’ve, ” “, America’s Organizations: CNN, US Army, Army, Milwaukee Police Department, Michigan State Police, Armed Forces, Military, Department of Justice, Veterans, Department of Defense, Defense Department, Affairs, Pentagon, Department, 164th Military Police Company, Army Board for, Military Records, Department of Locations: West Germany, Milwaukee, Mineola , Texas, Wisconsin

☆ How primordial black holes could explain dark matter
▼ + stars: | 2024-06-17 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +10 min

The late physicist Stephen Hawking hypothesized that dark matter could be hiding in black holes formed during the big bang. “We were making use of Stephen Hawking’s famous calculations about black holes, especially his important result about the radiation that black holes emit,” Kaiser said. This is not to say dark matter is not a particle, or that it’s for sure black holes. “The next generation of gravitational detectors could catch a glimpse of the small-mass black holes — an exotic state of matter that was an unexpected byproduct of the more mundane black holes that could explain dark matter today.”Many forms of dark matterWhat does this mean for the ongoing experiments that are trying to detect dark matter, such as the LZ Dark Matter Experiment in South Dakota? And those indeed might pick up some of the stray signals from the very violent formation process of primordial black holes.”There’s also the possibility that primordial black holes are just a fraction of the dark matter, Alonso-Monsalve added.

Persons: Vera Rubin, Kent Ford, ” Rubin, ”, Fritz Zwicky, Stephen Hawking, —, David Kaiser, Stephen Hawking’s, ” Kaiser, didn’t, Elba Alonso, Monsalve, ” Alonso, Alonso, Kaiser, “, There’s, Nico Cappelluti, “ Cappelluti, Priyamvada Natarajan, Joseph S, Sophia S, Fruton, Natarajan Organizations: CNN, NASA, Massachusetts Institute of Technology, Science, MIT, University of Miami, Astronomy, Yale University Locations: —, American, Swiss, British, South Dakota

☆ Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships
▼ + stars: | 2024-06-17 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. The U.S. Department of the Treasury and the IRS on Monday unveiled a plan to "close a major tax loophole" used by large, complex partnerships, which could raise more than an estimated $50 billion in tax revenue over the next 10 years. "These tax shelters allow wealthy taxpayers to avoid paying what they owe," IRS Commissioner Danny Werfel told reporters on a press call Friday. They also released a revenue ruling on related-party partnership transactions involving basis shifting without "economic substance" for the parties or "substantial business purpose." The plan builds on ongoing IRS efforts to increase audits on the wealthiest taxpayers, large corporations and complex partnerships.

Persons: Danny Werfel, Biden, Janet Yellen Organizations: Washington , D.C, U.S . Department of, Treasury, Finance, Taxpayers, Democrats, Wall, IRS Locations: Washington ,

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