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Member since: Thu Apr 16, 2020, 01:50 PM
Number of posts: 12,612

Journal Archives

'Black Rifle Coffee' corrects the record on Kyle Rittenhouse



SHAUB:9/11 Commission report urged outgoing administrations to move forward with key transition ....


Power without responsibility, Adoration without accountability, Devotion without duty, Victory witho


November 20, Transgender Day of Remembrance

From Cosmopolitan


Today, November 20, is Transgender Day of Remembrance. The observance grew out of a vigil for Rita Hester, a member of the Boston LGBTQ+ community who worked locally on education around trans issues and nurtured many of the city’s LGBTQ+ youth. She was killed in her home on November 28, 1998, a few days shy of her 35th birthday. Twenty-two years later, her murder has not been solved.

On the first anniversary of Hester's death, trans advocate Gwendolyn Ann Smith organized a vigil to commemorate Hester and all transgender people lost to violence since her death. That vigil began the tradition that is Transgender Day of Remembrance.
“When the Transgender Day of Remembrance first began, trans people were nameless victims in many cases," Smith wrote in 2014 for The Advocate. "Our killers would do their best to erase our existence from the world. And law enforcement, the media, and others would continue the job."

This year, at least 34 transgender or gender non-conforming people have been murdered by violent means in the United States. This number is likely higher; victims are, to this day, often misgendered in local police statements and media reports, which can delay awareness of deadly incidents.

MediasTouch: Chicken Perdue


Twitter will hand control of the @POTUS account to the new Biden admin on Inauguration Day

Twitter said Friday it will hand control of the @POTUS account to the new Biden administration on Inauguration Day.

The @POTUS account is the official account of the President of the United States and is separate from the @realDonaldTrump account that Trump uses to tweet.

This will also apply to about a dozen White House accounts, including the @FLOTUS and @PressSec accounts, Nick Pacilio, a Twitter spokesperson told CNN Business.

"Twitter is actively preparing to support the transition of White House institutional Twitter accounts on January 20th, 2021. As we did for the presidential transition in 2017, this process is being done in close consultation with the National Archives and Records Administration," Pacilio said in a statement.

An archive of Obama's @POTUS account can be found under the handle @POTUS44.


Dorismond & Diallo & Rudy G's Racist History. (Anyone remember this?)


NYC Protesters Denounce Mayor
April 20, 2000

More than 2,000 protesters marched about three miles from Brooklyn to City Hall to demand Mayor Rudolph Giuliani’s resignation over his handling of fatal police shootings of unarmed black men.

``Amadou Diallo! Patrick Dorismond! Malcolm Ferguson!″ shouted the mostly Haitian-American crowd. ``Giuliani must go!″

Diallo was slain by four white police officers _ they were acquitted of murder charges. Dorismond was killed outside a Manhattan bar and Ferguson was fatally shot during an undercover drug raid, all this year.

In each case, Giuliani has vociferously defended the police. He sometimes sought to shift blame for the shootings to the victims and was criticized for releasing Dorismond’s sealed juvenile criminal record.

The protesters promised to fight against Giuliani’s bid for the Senate.

Anderson & Wyatt Cooper

"It feels like my life has actually begun," Cooper told PEOPLE in June about entering parenthood.

"I sort of wonder, what was I waiting for? This is a new level of love," he continued. "It's unlike anything I've experienced, and yet it's also very familiar and incredibly special and intimate. It's really extraordinary."


** Buzzfeed Acquires Huffpost

HuffPost has a new owner, with its current parent company Verizon Media reaching an agreement to sell the site to BuzzFeed.

The Wall Street Journal broke the news and described this as a stock deal. Verizon Media is also making an investment in BuzzFeed and becoming a minority shareholder in the digital media company.

The deal also includes an agreement to syndicate content between the two companies while collaborating on advertising and creating a joint innovation group to explore other monetization opportunities.

As BuzzFeed’s press release notes, this deal brings HuffPost full circle, since BuzzFeed co-founder and CEO Jonah Peretti was also one of the founders of what was originally known as The Huffington Post.

I have vivid memories of growing HuffPost into a major news outlet in its early years, but BuzzFeed is making this acquisition because we believe in the future of HuffPost and the potential it has to continue to define the media landscape for years to come,” Peretti said in a statement. “With the addition of HuffPost, our media network will have more users, spending significantly more time with our content than any of our peers.”

IRS doubles down on nondeductibility of PPP-funded expenses


IRS doubles down on nondeductibility of PPP-funded expenses
By Sally P. Schreiber, J.D.
November 19, 2020

IN guidance issued late on Wednesday, the IRS reiterated its position that taxpayers cannot claim a deduction for any otherwise deductible expense if the payment of the expense results in forgiveness of a Paycheck Protection Program (PPP) loan because the income associated with the forgiveness is excluded from gross income under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. The guidance came in the form of a revenue ruling (Rev. Rul. 2020-27), which addresses the issue of borrowers who pay expenses in 2020 but whose PPP loan is not forgiven until 2021, and a revenue procedure (Rev. Proc. 2020-51) that provides a safe harbor for PPP borrowers that have their loan forgiveness denied or who choose not to request loan forgiveness.

Under Section 1106(b) of the CARES Act, an eligible recipient of a covered PPP loan can receive forgiveness of indebtedness on the loan in an amount equal to the sum of payments made for the following expenses during the covered period beginning on the covered loan's origination date:
(1) payroll costs;
(2) any payment of interest on any covered mortgage obligation;
(3) any payment on any covered rent obligation; and
(4) any covered utility payment. Section 1106(i) excludes from gross income any amount forgiven under the PPP.



I do not envy Tax Accountans/CPA's in 2021
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