Your Look At Things You Need To Know For Wednesday 3/28/18

As you face your day, Smile Often, Think Positively, Give Thanks, Laugh Loudly, Love Others ,Dream Big, Remember, Life is like a Camera, Focus on What’s  Important, Capture The Good Times, Develop From The Negative and If Things Don’t Work out, Take Another Shot. Difficult Roads Often Lead To Beautiful Destinations.

Many find that their anxiety levels will go up when they watch cable news, which causes many to avoid cable news or information that would otherwise help or hurt our society. ” The Government of the people, by the people, shall not perish from the Earth.” Abraham Lincoln.

Stay engaged in the business of OUR SOCIETY, take a break if you get overwhelmed. But equipped yourself with information so that you can make a educated decision that will impact OUR SOCIETY in a positive way. TAKE A BREAK, BUT,  Don’t Quit.

here’s what you need to know to Get Up to Speed

Cartoon by Lisa Benson -

 China says Kim Jong Un pledged to denuclearize in surprise visit
China said Wednesday that it won a pledge from North Korean leader Kim Jong Un to denuclearize during his surprise “unofficial” visit to China this week that included a meeting with Chinese President Xi Jinping. In exchange, China promised to uphold its friendship with Pyongyang. It was the first known trip abroad for Kim since taking power in 2011. Xi reportedly invited Kim to make the visit, which began on March 25 and wrapped up on Wednesday. Kim traveled with his wife, Ri Sol Ju, and his top aides, including Choe Ryong Hae, who is considered the country’s No. 2 leader. Kim and Xi held “successful talks,” China’s Xinhua news agency reported, in what was seen as a run-up to North Korea’s planned talks with South Korea and the U.S. [ReutersThe Washington Post]

 

 

 

 U.S., South Korea agree to revise their trade deal
The White House said Tuesday that the Trump administration had successfully renegotiated the 6-year-old South Korea-U.S. trade agreement. The U.S. said it would exempt South Korea from President Trump’s 25 percent tariff on steel imports, in exchange for Seoul’s agreement to let twice as many U.S.-made cars into Korea without passing local safety standards, and to accept a 25-year extension on a tariff on South Korean pickup trucks exported to the U.S. South Korea also agreed to limit its steel exports to the U.S. to 2.68 million tons a year, about 70 percent of its average exports from 2015 to 2017. TheWhite House called the trade agreement, Trump’s first, a victory for his “America first” agenda. [ReutersThe Washington Post]

 

 

 

 12 states to sue to block census question about citizenship
At least 12 states indicated Tuesday that they would sue to block Trump administration plans to add a question in the 2020 census to determine whether respondents are citizens. New York Attorney General Eric Schneiderman said he would lead a multi-state lawsuit. The states say asking about citizenship for the first time in more than half a century would violate the Constitution and result in an undercount. “The census is supposed to count everyone,” said Attorney General Maura Healey of Massachusetts. “This is a blatant and illegal attempt by the Trump administration to undermine that goal.” The Constitution requires all residents to be counted regardless of citizenship. The Trump administration said the question was necessary to help provide an accurate count of eligible voters. [The New York Times]

 

 

 

 Court document: Ex-Trump aide met with person linked to Russian intelligence
A court document filed by Special Counsel Robert Mueller’s prosecutors Tuesday night regarding the sentencing of a Dutch lawyer who lied to Mueller’s team says that Rick Gates, President Trump’s former deputy campaign manager, was “directly communicating in September and October 2016” with an unidentified person tied to “a Russian intelligence service.” The document says Gates, now a cooperating witness in the Mueller investigation into Russian election meddling, knew about the person’s ties to Russian intelligence. President Trump has dismissed Mueller’s inquiry as a witch hunt. Sen. Thom Tillis (R-N.C.) and Sen. Chris Coons (D-Del.) released a statement Tuesday urging Trump to let Mueller “complete his work,” and they have written a bill seeking to let special counsels contest any attempt to fire them. [CNN, Politico]

 

 

 

 Trump reportedly pushes to have military pay for border wall
President Trump has privately pushed for the U.S. military to pay for his proposed wall on the Mexican border, after failing to deliver on a campaign vow to make Mexico pay for the construction, TheWashington Post reported Tuesday, citing several people familiar with the discussions. Trump reportedly was not happy that lawmakers only included $1.6 billion toward the wall in a massive spending bill passed last week to avert a government shutdown, so he suggested thePentagon should pay for it because the nation faced a “national security” risk. Trump mentioned his idea in a meeting last week with House Speaker Paul Ryan (R-Wis.), three people familiar with themeeting told the Post, but officials on Capitol Hill said it was unlikely to fly. [The Washington Post]

 

 

 

 Larry Nassar’s ex-Michigan State boss charged with sexual assault, harassment
The former Michigan State University dean who supervised former USA gymnastics team doctor Larry Nassar, who faces decades in prison for child pornography and sexually abusing athletes, was charged Tuesday with criminal sexual misconduct and other crimes. Four medical students came forward to say William Strampel, who led theuniversity’s medical school from 2002 to last year, had sexually assaulted or harassed them. One alleged victim said she “was not surprised Nassar had been able to victimize so many women under thesupervision of Strampel.” The arrest of Strampel, 70, on Monday night ignited fresh criticism against the school’s board of trustees, which resisted for a year calls to investigate how Nassar managed to molest girls and women for decades. [The State NewsThe Washington Post]

 

 

 

 Baton Rouge officers who killed Alton Sterling won’t be charged
Louisiana Attorney General Jeff Landry said Tuesday that the two Baton Rouge police officers who fatally shot Alton Sterling in 2016 would not be criminally charged. Sterling, a black man, was selling CDs outside a convenience store when the officers confronted him and shot him as they were detaining him. “We have concluded that theofficers in question acted as reasonable officers under existing law and were justified in their use of force,” Landry said in a written report on the investigation. The police department still plans hearings to decide whether to discipline the officers. Federal prosecutors decided 10 months ago not to file civil rights charges. Sterling’s relatives reacted strongly. “This is white America,” Sterling’s aunt Veda Washington said. [CNN]

 

 

 

 Zuckerberg reportedly agrees to testify to Congress
Facebook CEO Mark Zuckerberg has decided to testify before Congress to appease lawmakers and Facebook users who are clamoring for an explanation regarding the company’s privacy practices, CNN Money reported Tuesday, citing unnamed “Facebook sources.” Zuckerberg has been under intense scrutiny after a whistleblower stepped forward to reveal the platform had exploited personal data; Cambridge Analytica, a data firm with ties to President Trump’s 2016 campaign team, allegedly accessed private information from 50 million Facebook users without permission. Zuckerberg has said he is “really sorry” about theCambridge Analytica scandal, which he called a “breach of trust,” but declined to testify before British lawmakers. He resisted going to Capitol Hill, reportedly discussing sending other Facebook executives instead, before being persuaded that he should go. [CNN MoneyTheNew York Times]

 

 

 

 Investigation finds Maryland school shooter killed himself
Austin Rollins, the suspect in a shooting last week at Great Mills High School in Maryland, fatally shot himself in the head just as the school’s resource officer, Deputy Blaine Gaskill, fired a shot that hit him in thehand, authorities said Tuesday. Before the investigation, police were not sure whether Rollins killed himself or was fatally shot by Gaskill. Police said Rollins shot a classmate who was his former girlfriend, 16-year-old Jaelynn Willey, in the head, and she later died. Another student, 14-year-old Desmond Barnes, was hit in the leg and survived. Authorities released 911 calls including one from Barnes, who said, “I’ve just been shot.” [ABC News]

 

 

 

 Computer expert says Cambridge Analytica also used Facebook data in Brexit campaign
Chris Wylie, the computer expert who has said Facebook data mined by Cambridge Analytica was used to help President Trump’s campaign, told British lawmakers on Tuesday that he believes Facebook users’ information also was used by the Brexit movement. “All kinds of people had access to the data,” said Wylie, who helped Cambridge Analytica develop ways to use personal data to target and influence voters. “It was everywhere.” Wylie, a 28-year-old Canadian, helped Cambridge Analytica get started in 2013 and left the next year. Thecompany says it used no Facebook data in its work for Trump and denies any wrongdoing. [The Associated Press]
The Week

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Upcoming Important Tax Deadlines-

(411 on Business & Real Estate Taxes  )

Courtesy of Mark J Kohler, CPA, Attorney, and Mathew N. Sorensen, Attorney.

April 17th (yes that’s correct):

      – Contributions to Health Savings Account – Deadline to contribute to your HSA and get a tax deduction for 2017. $3,400 for Singles and $6,750 for Married/Family.

 Contributions to Coverdell ‘College’ IRAs – Deadline to contribute to your child or grandchild’s College IRA for 2017. Up to $2,000 per child. (Article Below)

     – Individual Tax Returns Due – Due date for 2017 Personal Income Tax returns (Form 1040). An automatic six- month extension may be obtained by filing Form 4868.

 1st Quarter 2018 Estimated Tax Payment Due – If you are self-employed or have other first-quarter income that requires you to pay quarterly estimated taxes, file your Form 1040-ES.

      Deadline to make a 2017 IRA Contribution – This includes your Roth IRA contribution as well.  HOWEVER, if you have a small business and file an Extension, you have until October 15th, 2018 to contribute to a SEP (and then roll it into a 401k later if you like)

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