the i.r.s. for exactly it's easy it's easy enough to to get those checks to those people from existing base but it's using payroll and it would have taken out a lot of the government discretion and a lot of the political problems that you that you've raised so denmark norway did that even the conservative government of johnson says the tories covered about 80 percent of salaries up to $30000.00 pounds so that to me would have been a much better way to go of course as the economy recovers you do want to wean people off point is that if you are the one responsible for throwing people out of course then i think there is a moral obligation to make sure that they they are compensated for that and likewise in regard business as i say you don't want to create a profit windfall but there is a a constitutional clause in the us constitution that the takings provision which assumes that which mandates that you compensate. for any of the sustain which as a result of government action now i don't think you c

astronauts and nearly a decade to fly to the i.r.s. says u.s. soil. and joining me now from washington is keith cowing he's the editor of the space news web site nasa watch dot com and also a former nasa employee good to see you keith so can you talk us through this flash down landing but we're expecting later today just how dangerous is it. well it's not without risk used to do it all the time back in the sixties and seventies when we had a pop gemini recruiting pole spacecraft coming back to earth but then for several decades we had speciously in like you're going so. we haven't done this for nearly half a century it's been a long time since we've done this but it's a well known keep thing that the spacecraft does and it should just go as smoothly as planned they've already had the spacecraft laying perfectly without people on board and predecessors to it as well so it should be a straightforward thing but it requires a little knuckle fighting right now. going on some work well i imagine that knuckle biting might also have to do with this storm is i

these expenses did not comply with i.r.s.equirements and as a result all such expenses should have been included by the n.r.a. in taxable personal income for mr la pierre and other recipients in 2017 and 2018 alone just 2 years ackerman ackerman mcqueen was paid more than $70000000.00 a significant amount of these funds included payments through this side agreement and when board members challenge mr la pierre and the 3 other defendants over this lavish spending their financial governance or their leadership of the n.r.a. mr lapierre retaliated and turned the board against those who attempted to challenge is illegal behavior the complaint lays out numerous other instances in which mr la pierre phillips mr phillips mr powell and mr frazier and other executives and board members at the n.r.a. abused their power and illegally diverted or facilitated the diversion of tens of millions of dollars from the n.r.a. these funds were in addition to millions of dollars the 4 individual defendants were already receiving in grossly excessi

ing that we pay asis not individuals to the i.r.s. companies collect that money, essentially, and for forwarding that moneye to the i.r.s. on behalf of employees. so the cut, first round, goes to those companies, and the companies have to decide whether they will pass it on to their employees or not. one reason they wouldn't do it, judyis ecause under the president's order here, what the president is doing, this money must be paid back unless something changes, at the end of the year or soon after. so a company like amazon, which has billions of anllars, they don't want to hand it out then have a bill come due next year when we could still very well be in te pandemic. the thinking is many companies may not pass on hold on to it because they might just need to give it back again in a few months so it is a complicated maneuver. one other note: a lot of comparisons are being made to the obama paoll tacks tax cut. one difference is congress passed replacement funds for that payroll tax cut, so social security and medicare would not lo mon

. >> reporter: investigators from the justice department, f.b.i., homeland security, and i.r.s.o found terrorists from al qaeda and hamas used social media and cryptocurrency, a digital form of payment that offers some anonymity, to raise money for weapons and operations. described as the biggest case of its kind, u.s. authorities seized $2 million, over 300 cryptocurrency accounts, as well as web sites and facebook pages. a senior justice department a sen official described the covid isis fraud to cbs news as "just a slice of the overall criminal activity designed to spread fear about the virus." margaret? >> brennan: catherine herridge at the department of justice. for the first tim for the first time in more than 20 weeks, new claims for unemployment benefits dipped unemployment ben slightly below one million. one sector still suffering historic losses is the leisure and hospitality industry. here's cbs' mireya villarreal. >> reporter: nationwide, bars and restaurants are struggling to stay open, and workers are just trying to survive. >> i bought a house, and i lost my job h

also found that searching of the term holocaust in facebook returned a lot of related content the i.r.s. deal leveled similar criticisms against twitter read it and you tube facebook says it removes false content only if it amounts to hate speach. we remove groups in pages that discuss holocaust denial from recommendations and references to it in search predictions while we do not take down content simply for being on truthful many posts violate our policies against hate speech and are removed. internet law expert call and says it's facebook's duty to protect every member of the platform's community the fact that facebook. is classifying holocaust denial is legitimate political conversation is quite frightening. thing such as. should be banned from social media for the simple reason that it actively promotes hate it promotes violence against jewish people it should be. removed from any website that purports to be a website for the people of facebook is not designed for a very nice type of people it is made for the entire wall to the entire community and is such mr zuckerberg has got the

ended just in the red for the week the index saw some gains on friday after the i.r.s. announced 2nd quarter results record fee income from the money market in depository and settlement services as well as the equities market all helped keep the index close let's move to asian markets where u.s. china trade relations are weighing on investor sentiment now the shanghai composite just squeaked out a green arrow after a volatile week investors are eyeing u.s. china relations the index rose point 5 percent on friday on strong corporate earnings and chinese stimulus support in hong kong and hung sang well it's just slightly down for the week investors are tracking the u.s. china phase one trade deal e-commerce giant alibaba also be quarterly revenue and profit estimates pushing things into the green in japan the nikkei well it's in the red for the week that china the country's exports in july fell by 90.2 percent compared to one year ago japanese department stores have been hurt without tourist some stores depend on tours for as much as 30 percent of their sales in india the

ended just in the red for the week the index saw some gains on friday after the i.r.s. announce 2nd quarter results record fee income from the money market and depository and settlement services as well as the equities market all helped keep the index close let's move to asian markets where u.s. china trade relations are weighing on investor sentiment now the shanghai composite just squeaked out a green arrow after a volatile week investors are eyeing u.s. china relations the index rose point 5 percent on friday on strong corporate earnings and chinese stimulus support in hong kong and hung sang well it's just slightly down for the week investors are tracking the u.s. china phase one trade deal e-commerce alibaba also be quarterly revenue and profit estimates pushing things into the green in japan the nikkei well it's in the red for the week the china the country's exports in july fell by 90.2 percent compared to one year ago japanese department stores have been hurt without tourist some stores depend on tours for as much as 30 percent of their sales in india the sensex

dollar the i.r.s. hates it coing they do everything they can to make your life miserable if you have it the trumpet ministration doesn't like it but i think beyond that we're seeing rivals in terms of what china is doing with its own digital currency right now which is a central bad digital currency and i think over the next probably 10 years we're going to see most nations around the world if not all of them attempt to move toward some kind of digital currency remember china's digital currency will become effective fully effective they want it by the year 2022 when they host the olympics that's what they're really hoping for but once china goes this route i would imagine most advanced countries would try to follow suit the u.s. is probably the furthest behind of any advanced country in the world and yet i think we're going to see the us ramp up to this and i think that becomes the biggest competitor and stumbling block for big korean because they won't want the competition you know jeffrey i actually

calling for prime minister benjamin netanyahu to resign for weeks now demonstrators gathered outside the i.r.s. official residence in west jerusalem and they're angry about the economic fallout from the coronavirus pandemic and netanyahu is ongoing trial for corruption the huge blast in lebanon's capital earlier this month killed more than $200.00 people and injured thousands more lebanese are not the only victims hundreds of syrians were amongst the numbers and the u.n. and aid agencies are helping but they haven't been able to reach everyone say mahato reports. 2 weeks after he was injured and where most of us pain hasn't eased knocked unconscious from the blast at beirut port he spent a few days in hospital and is now left to deal with his injuries alone the father of 6 is a syrian migrant worker who are among the worst hit being left out of an already struggling system is not hard my heart them when they don't matter how they we're can i go for a check up there's no one to take me someone was supposed to pick me up 5 days ago to scan my heed and i'm very dizzy i can't get up. much of. hund

it's in the i.r.s. tax code.the president in time of an economic emergency which we are in right now has the authority to delay the payment of taxes. so what he is saying is i am going to delay payments until after january 1, 2021. but what he has also said if you re-elect me president, i'm not going to require that the taxes be repaid. we are going to pass a bill so this becomes forgiveness. >> dana: but what about, what about paying for the medicare and social security? do you worry about that at all? >> well, look this is something that we, the president said we are going to put full faith and credit, government bonds in the medicare and the social security system so no one's benefit will be reduced by the program. nancy pelosi, chuck schumer and joe biden say you could cut the payroll tax and it won't injure the trust fund. now they are theying the opposite. >> dana: they are saying the opposite. i love to have you on steve. thank you so much. >> have a great day. >> dana: all right. all eyes on joe biden as

some callable rocky part i mean but unfortunately while all of those things are happening they the i.r.s. or die a shia affiliated militants in afghanistan are capable of them slept in such really horrific attacks and it really creates a huge mountains i-t. for the population thank you very much indeed for games the context of those events in afghanistan thank you israel says it has attacked a series of military targets in syria including observation posts and command centers its military says the air strikes were in response to an attempt by enemies to plant explosives along israel's border fence in the occupied golan heights the army released this unverified video of the incident earlier israel confirmed it killed 4 fighters accused of planting the explosives describing them as a squad of terrorists lebanon has a new foreign minister foreign the resignation of knesset hitty who quit saying the country is becoming a failed state he resigned on monday angry at the slow pace of reform as the country battles an ongoing financial crisis it's been replaced by a shadow of a ber who has been a

in june the i.r.s. provided additional guidance from the cares act. this included qualified additions and is incorporated in the cares act processes and attached cares act flyers has been updated accordingly. additionally the second quarter activity report now includes cares act distribution statistics, but i did want to provide you with more updated numbers as of the end of last month. as of july 31, we have had 22 coronavirus related loans for a little under $900,000 and 40 coronavirus related loan suspensions. and earlier i spoke about some of the work that sfdcp has done to adapt to a virtual work environment. and the record keeper is doing the same as well. as a coup of examples starting in september, participants will be able to view the voya website in spanish and also at the end of the year, voya will be rolling out a text dashboard notification to allow them to request text updates on the inquiry. those are some of the main highlights i wanted to cover. if you have any questions, please let me know. otherwise, i would like to thank everyone f

bvp and the i.r.s. and sometimes to put an overly complicated and harsh outcome. and for those on the commission and with the penalty for small businesses and the effort that made sure at the time that the existing penalties were hitting equity regardless of the size. we have made major changes to the way we collect debt and mainly increased the speed of the election and reduces the penalties and impoeszed and tax payers and increases the overall tax pay rs and paying late or forgetting to file are clear so that you know how to comply as a business and the penalties are progressive and hit small businesses larger than bigger businesses and are easy to understand. the major example before you today would be eliminating the 20% penalty on payments more than 90 days late. let me explain this a little bit more. this stuff gets in the weeds and unfortunately you only find out about when it's quite late in the process. currently when a payment is late we add 5% every month up to 20% of the tax due. but 90 days and add an additional 20% and that seems harsh and when we l

rioters are not protestors and otestors are not riot i.r.s. - rioters. let me be clear. the department fully supports the rights of peaceful protestors and never abandon our mission to safeguard those precious and hard-fought freedoms. but d.h.s. did not have to expand its presence in portland because of peaceful protestors and that's why i'm here today. for more than 60 days, the situation in portland has been continuous nightly riots and life-threatening violence and targeting law enforcement and the institutions they defend under the mandate given to them by congress. they have assaulted federal property, federal officers, local law enforcement personnel and facilities with hammers, lasers, baseball bats, fireworks, molotov cocktails, chemicals and other weapons. mr. chairman, as you well know, congress in 40 u.s.c. 1315 directs the secretary to use d.h.s. personnel in order to protect federal property and persons on that property. the federal protective service protects over 9,000 facilities every day pursuant to that law. and it's a role that we have performed at th

it's been one year since i dove i.r.s. well, it's time to do it all over again. joining us live from next week's starting point in liberty state park, new jersey, are two men swimming alongside me, navy s.e.a.l. veteran bill brown and navy recruiting warrior challenge coordinator kenny callahan. thank you both for being here this morning. i'm excited. bill, we're doing this all for the gi go fund, raising money for veterans. i can't believe i'm doing it again. let me be honest. but what are we looking forward to this year? >> hey, pete, we're looking for a great time, for a great cause. going to raise some money to help veterans, to help the gi go fund and send a positive message message. this year we're going to do it a little different. going to open it up to all war fighters, all police officers, and all firefighters. 'cause we got nothing but love for all those who put it on the for our country. pete: amen. kenny, you're part of the navy recruiting warrior change, you're coordinator with the navy navy. got to imagine h

a copy of your tax and status letter under the i.r.s., under code section 702b, copy of financial statementsfied, if you have those, that's great. otherwise, standard balance sheets will work. if you're seeking one for 2017, we want one year prior to that so that's 2016-2017, et cetera. so please make sure you describe the primary purpose of your organization and what you do. we are definitely going to check out your website. if you write see website. it's helpful for us to know what the purpose of your organization is and how you accomplish that through your activities. lastly, there's some specific language requirements that the code requires most organizations have to amend their articles to meet these requirements. it's not a huge deal and it boils down to two sentences, just making you aware that it exists. for l.l.c.s, it's similar, but there are nine, basically nine sentences, nine clauses they have to have. one the o.c.c. is granted, that's it. you're good with us. unless we tell you it's revoked or we needed a decisi-- additio documentation, it remains valid from you don't have to f

dollar the i.r.s. hates that coing they do everything they can to make your life miserable if you have it the trumpet ministration doesn't like it but i think beyond that we're seeing rivals in terms of what china is doing with its own digital currency right now which is a central bad digital currency and i think over the next probably 10 years we're going to see most nations around the world if not all of them attempt to move toward some kind of digital currency remember china's digital currency will become effective fully effective they want it by the year 2022 when they host the olympics that's what they're really hoping for but once china goes this route i would imagine most advanced countries would try to follow suit the u.s. is probably the furthest behind of any advanced country in the world and yet i think we're going to see the us ramp up to this and i think that becomes the biggest competitor and stumbling block for big korean because they won't want the competition you know jeffrey i actuall