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New IRS ‘$600 rule’ means Swift ticket resellers will have to pay

Published Fri, 01 Nov 2024 03:26:26 GMT

(NewsNation) — It was a summer of record-breaking ticket sales for live events. From Taylor Swift to Lionel Messi, fans shelled out thousands to see their favorite stars in person.Scalpers made huge profits by selling their tickets for exorbitant prices, and now the IRS wants a piece of the pie.A new tax regulation enacted under the American Rescue Plan Act says anyone who receives over $600 from a settlement organization like Venmo, CashApp, Ticketmaster or StubHub will now have to report those earnings to the IRS.This change comes in the wake of big-name concerts in 2023, including Beyonce's "Renaissance Tour" and Taylor Swift's "The Eras Tour."The average ticket for Swift's tour sold for just under $1,100 on Stubhub and $1,600 on SeatGeek. The best seats sold for exponentially more. FAQ: How the IRS is using AI to crack down on tax evasion In the past, ticket sellers only had to report earnings if they made more than $20,000 and at least 200 transactions a year. Now, if anyone...

Texas Southern Band members injured in golf cart crash at Grambling State University

Published Fri, 01 Nov 2024 03:26:26 GMT

GRAMBLING, La. (KTAL/KMSS) – Two members of the Texas Southern University Band were injured after an accident at Grambling State University over the weekend. Grambling State University Police responded to the golf car accident at the rear of Eddie Robinson Stadium on Sat., Sept. 23. Once at the scene, GSU officers learned that a GSU student lost control of their golf cart. A Texas Southern Band member was struck as the golf cart flipped, and another Texas Southern Band member was injured when the golf cart landed on them.One of the victims had injuries to the mouth, nose, and head; the other sustained a contusion on the left air and pain on the left side. Both band members were taken to Northern Louisiana Medical Center for treatment and released on the same night.The driver of the golf cart refused treatment.

Driver in fatal Treat Williams crash pleads not guilty

Published Fri, 01 Nov 2024 03:26:26 GMT

BENNINGTON, Vt. (NEWS10) -- The man arrested in the fatal car crash that killed actor Treat Williams on Monday, June 12, was arraigned Monday morning and pleaded not guilty. Ryan Koss, 35, pleaded not guilty to grossly negligent operation of a vehicle with death resulting. Get the latest news, weather, sports and entertainment delivered right to your inbox! At the arraignment, the judge ruled not to take Koss' license away in order to screen it for pretrial services. The next hearing is expected to happen early next year.

TAKE 5 top-prize winning ticket sold in Columbia County

Published Fri, 01 Nov 2024 03:26:26 GMT

COPAKE, N.Y. (NEWS10) -- A TAKE 5 top-prize winning ticket has been sold in Columbia County. The New York Lottery said the winning ticket was sold for the September 23 TAKE 5 evening drawing. Get the latest news, weather, sports and entertainment delivered right to your inbox! The winning was worth $34,210. It was sold at the Sunoco Mart at 1678 Church Street in Copake.TAKE 5 numbers are drawn from a field of one through 39 and the drawing is televised daily at 2:30 p.m. and 10:30 p.m. The prize may be claimed up to one year from the date of the drawing. Troy resident wins $1K a week for life on scratch-off The New York Lottery contributed $3.7 billion in fiscal year 2022-23 to support education in the state. If you are struggling with a gambling addiction, or who know someone who is, you can find help by calling the HOPEline at 1-877-8-HOPENY or by texting HOPENY.

Poughkeepsie store clerk robbed at gunpoint

Published Fri, 01 Nov 2024 03:26:26 GMT

POUGHKEEPSIE, N.Y. (NEWS10) -- According to the City of Poughkeepsie PBA, a Poughkeepsie store clerk was robbed at gunpoint at 195 Mill Street on Friday. Law enforcement is investigating the incident, as no arrests have been made. Get the latest news, weather, sports and entertainment delivered right to your inbox! The city's PBA says the clerk reported a male suspect entered the store and displayed a handgun. He then left with a "quantity" of money.Units arrived and canvassed the area but are still investigating the incident. Anyone with information is asked to contact (845) 451-4000.

Troy man charged with arson in Sunday night fire

Published Fri, 01 Nov 2024 03:26:26 GMT

TROY, N.Y. (NEWS10) -- A Troy man was arrested in connection to Sunday's house fire. Blaise Lanni, 66, is charged with third-degree arson. Get the latest news, weather, sports and entertainment delivered right to your inbox! At this time, Troy police are gathering more information in their investigation. Law enforcement says more information should be released later Monday regarding the fire and arrest.

Colorado weather: Sunny, clear skies Monday with above normal temps across the state

Published Fri, 01 Nov 2024 03:26:26 GMT

Another warm, sunny day is in store for Colorado to start out the work week.The mountains and foothills will experience cooler, fall-like weather with temperatures in the 60s and 70s, according to the National Weather Service.The Denver Metro will get the same sunshine and clear skies, but temperature highs will reach 85 degrees.Another pleasant day to start out the work week. Plenty of sunshine, warm temperatures and light winds. #COwx pic.twitter.com/2tPMl54ifY— NWS Boulder (@NWSBoulder) September 25, 2023City temperatures will dip down to 50 degrees overnight, before returning to the high-80s Tuesday, forecasters said.According to NWS forecasters, the pattern of low overnight weather and hot daytime temperatures is expected to continue through the weekend. Abundant sun, clear conditions and light breezes are also expected to remain stable across the state throughout the week.Related ArticlesWeather | Denver weather: Seasonal temperatures, sunny skies, and light...

Denver pedestrian struck and killed by driver on Colorado Boulevard

Published Fri, 01 Nov 2024 03:26:26 GMT

A Denver pedestrian was struck and killed by a driver on Colorado Boulevard on Sunday night, police said.Officers responded to the crash in the area of 40th Avenue and Colorado Boulevard around 10:30 p.m., according to a post from the Denver Police Department on X.#TRAFFIC: #DPD officers are investigating a fatal crash involving a motorist and a pedestrian in the area of 40th/Colorado. 1 person has been pronounced on scene. Expect delays in the area. Alternate routes advised. pic.twitter.com/qMMESho6Ed— Denver Police Dept. (@DenverPolice) September 25, 2023When officers arrived, they pronounced the pedestrian dead at the scene and temporarily closed the intersection for their investigation.Related ArticlesCrashes and Disasters | Hit-and-run kills Littleton pedestrian, police search for SUV driver Crashes and Disasters | 1 dead, 1 hospitalized in fatal Denver crash Sunday afternoon Crashes and Disasters | Pedestrian killed in Denver Sa...

Driver kills pedestrian in Littleton hit-and-run, police search for white Jeep Cherokee

Published Fri, 01 Nov 2024 03:26:26 GMT

The Colorado Bureau of Investigation is asking for the public’s help as officers search for a white Jeep Grand Cherokee after the vehicle’s driver allegedly hit and killed a Littleton pedestrian early Sunday.Littleton officers responded to the crash just after 3:20 a.m. Sunday on Bowles Avenue, near the intersection of Santa Fe Drive.The driver of a white SUV was traveling eastbound on Bowles Avenue when they hit a Hispanic man in his 40s or 50s, according to a Sunday news release from the Littleton Police Department. The unidentified man died from his injuries.The Jeep left the scene westbound, the news release stated.Littleton police and the CBI believe the white SUV is a Jeep Grand Cherokee model from between 2016 and 2021, according to a Medina alert.There is damage to the front of the vehicle on the driver’s side, the alert stated.UPDATED MEDINA ALERT: On 9/24/23 at about 3:38 AM, a 2016 to white 2021 Jeep Grand Cherokee hit a pedestrian on W. Bowles Avenue at...

Monday night’s $785M Powerball jackpot is 9th largest lottery prize. Odds of winning are miserable

Published Fri, 01 Nov 2024 03:26:26 GMT

DES MOINES, Iowa (AP) — The ninth-largest lottery jackpot will be on the line Monday night when numbers are drawn for a $785 million Powerball prize.The payout has grown so large because it has been building for more than two months, since a player in California matched all six numbers on July 19 and won $1.08 billion. That’s 28 consecutive drawings without a big winner.That winless streak is due to the miserable odds of winning the Powerball jackpot, at 1 in 292.2 million. It’s those long, long odds that result in such large top prizes, as they cause the jackpot to roll over week after week.Although the game highlights the $785 million prize, that is for a winner who is paid through an annuity over 30 years. Winners almost always choose the cash payout option, which for Monday night’s drawing would be $367 million.The giant jackpot would also be subject to federal taxes, and some states also tax lottery winnings.Powerball is played in 45 states, as well as W...