Weather 

Local News

Online Retailer Jane.com Abruptly Shuts Down

Online retailer Jane.com, based in Lehi, Utah, abruptly ceased operations last Friday, leaving its website offline and its offices vacant. Employees were dismissed without severance or healthcare, and the company closed its online seller forum and Facebook page. Jane.com, known for offering fashion and home decor from independent, predominantly female creators, is now under investigation by the Lehi Police Department following reports that the company owes significant amounts of money to several women. Former CEO Krista Kochivar has yet to comment publicly. Those affected are encouraged to contact the Lehi Police Department.

National News

IRS Targets Wealthy Tax Evaders with New Guidance

The IRS is set to eliminate a significant tax loophole for wealthy taxpayers known as "partnership basis shifting," aiming to raise over $50 billion in revenue over the next decade. This loophole allows businesses and individuals to move assets among related parties to evade taxes. The initiative is part of a broader effort to target high-wealth tax evaders, enabled by increased IRS funding through the 2022 Inflation Reduction Act. Audit rates for large pass-through businesses and complex partnerships are planned to increase substantially by 2026 to curb tax avoidance practices.

International News

China and Philippines Clash Over Ship Collision in Disputed Waters

A collision occurred between a Chinese vessel and a Philippine supply ship near the disputed Spratly Islands in the South China Sea, leading to heightened tensions between the two nations. China blamed the Philippines for the incident, accusing the supply ship of ignoring warnings and causing the collision. The Philippines, however, called China's report misleading and defended its actions, stating that the incident occurred within its exclusive economic zone. The U.S. condemned China's actions, supporting the Philippines' stance. The incident underscores the ongoing territorial disputes in the South China Sea, involving multiple countries and posing risks of broader conflict.

Sports News

UVU Dance Teams Shine at National Championship

Utah Valley University's (UVU) hip-hop and jazz dance teams achieved significant success at the Universal Dance Association’s 2024 College Cheerleading and Dance Team National Championship, held from January 12-14 at Disney World's ESPN Wide World of Sports Complex. The UVU hip-hop team secured second place in Division I, narrowly trailing the University of Delaware, while the UVU jazz team placed third. UVU was the only university to place in the top three in both categories. Assistant director Kati Marsing praised the teams for their hard work and outstanding performances.

Events

June 17th

• KALEO - Monday, June 17, 2024 at 7:00 PM

• Gina Bachauer International Artists Piano Competition - Monday, June 17, 2024 at 1:00 PM

June 18th

• Summer Bucket List - Tuesday, June 18, 2024 at 12:00 AM

• Orem UT - Sight - Film - Tuesday, June 18, 2024 at 1:30 PM

June 19th

• Orem Food Fest - Wednesday, June 19, 2024 at 5:00 PM

• Hollow Coves - Wednesday, June 19, 2024 at 8:00 PM

• Pleasant Grove Strawberry Days - Wednesday, June 19, 2024 at 11:00 AM

June 20th

• Summer Solstice — Sundance Nature Alliance - Thursday, June 20, 2024 1:05 PM 2:00 PM

• Camping Hunt - Thursday, June 20, 2024 at 12:00 AM

Laugh Lounge

How did we do in this issue on Lehi Local Buzz?