You missed to report all W-2s, 1099-MISC, 1099-INT or 1099-INT: If you missed to report income from employment (W-2 with withholding) or independent contracting (Form 1099 without withholding), tough luck….

Scoring system: The IRS uses a Discriminant Function System (DIF) to determine returns that are most likely to generate additional revenue for the government. Although the scoring is secret, it’s…

YOUR chances of being chosen for audit has been miniscule for more than 10 years. IRS was underfunded and understaffed. They didn’t have financial resources to hire and train auditors….

THERE’S been a buzzword in cell phone speeds: 5G. Just what is meant by 5G? Our Asian Journal crew of Roger Oriel, Victor Sy, and Byron Sy found out some…

• YES, taxpayers whose Individual Tax Identification Numbers (ITIN) expired and who expect to file a tax return in 2020 must submit a renewal application. • ITINs with the middle…

INDIVIDUAL Taxpayer Identification Numbers (ITIN) are used by people who should file income tax returns but are not eligible for Social Security numbers. A vast number of ITINs expired at…

CES (Consumer Electronics Show) is the largest trade fair for consumer electronics. It’s presented by Consumer Technology Association (CTA) annually in Las Vegas. It has been our tech bell weather…

CES (Consumer Electronics Show) gives us a glimpse of the next mega trend in consumer technology. Each January, tech giants from around the world gather to show off their latest…

NEW technology gadgets were on display at the latest CES (Consumer Electronics Show) in Las Vegas – wall TVs, Virtual Reality and smart phones, but the most fun to watch…

THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect tax plans for this…

Part 2 of 3 THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect…

Part 1 of 3 THE Tax Cuts and Jobs Act made significant changes to income tax rates and traditional deductions. Let’s look at 10 tips on how those changes affect…

1. Go to YouTube and Google Take time to view presentations by stock gurus. Listen to their checklists and guidance. Start with basics for beginners and gradually move to more…

1. Research.  Just as location is critical  real estate investing, research is critical to stock investing. Without research, you have a better chance of making money; without it, a better…

AN ETF is a basket of securities that you can buy or sell through a brokerage firm on a stock exchange. It’s called Exchange-Traded because it’s traded on an exchange…

AN ETF is called an Exchange-Traded Fund since it’s traded on an exchange just like stocks. Below are three red flags to avoid the worst ETFs: 1. Inadequate liquidity Avoid…

Exchange-traded funds versus mutual funds Part 2 of 2 Mutual Funds allow you to trade without paying commission:  Because ETFs are traded like stocks, you typically pay a commission to…

Exchange-Traded Funds versus Mutual Funds Part 1 of 2 YOU have two options to diversify your stock portfolio: exchange-traded funds (ETFs) and mutual funds. Both involve pooling money that becomes…

EXCHANGE-Traded Funds (ETFs) are created from the concept of pooled fund investing. ETFs buy a basket of securities for a pool of investors. These baskets offer benefits of a diversified portfolio….

WHAT is an ETF? An ETF is a basket of securities that you can buy or sell through a brokerage firm on a stock exchange. Just like a stock, an…

DIVERSIFICATION – investing in different stocks in different sectors – avoids that old danger zone of putting all your eggs in one basket. Loading up on just one stock puts…

THE end of Sears, Roebuck & Co. predicted by Warren Buffett 14 years ago. I personally find it ironic that the iconic retailer that started mail order catalog was displaced…

LET’S learn a few things from the greatest investor of all time – Warren Buffett. It’s OK If You Don’t Know Much About Investing. Most investors do not have business…

Lesson No. 1: Be Frugal Warren Buffett is a multi-billionaire; yet, he lives simply. He still lives in the same modest house in Omaha, Nebraska that he bought 50 years…

WARREN Buffett, the world’s greatest investor, loves value stocks – stocks that are trading below their intrinsic value. He uses investing tenets which are categorized in the areas of business,…

6. Avoid Leverage That Amplifies Stress During A Market Crash: Sure, there’s stress during a crash – lots of it. Add margins (meaning loans that you incurred to buy more…

Part 1 of 2 INVESTMENT guru Warren Buffett said that when the going gets tough, the tough goes shopping. No, he didn’t say that actually, but he did suggest that…

“ If stock prices move contrary to our expectations, it creates tension.” A MOST important tip for trading is to keep your emotion in check. Use logic, not emotions. Do not…

1. Learn the Basics Familiarize yourself with the following basics before making your first purchase. • Definitions – Price earnings ratio (P/E ratio), earnings per share (EPS), return on equity…

1. Start with safer stocks. Buy stocks that tend to be less volatile (meaning more stable with less up and downs in price). Consider consumer staples stocks that people still…