Taxes for resident and nonresident aliens
(Part 2) IN the previous issue we defined: 1) who are resident aliens, nonresident aliens or both, 2) who are exempt individuals, and 3) closer connection exception. Do not forget…
Category: Consumer Columnists
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Fired employees are entitled to final paycheck immediately
Q: TWO weeks ago I was fired from work. My employer told me my last paycheck will be mailed to me by next payday. I have not received it yet….
Unemployed senior converts Chapter 13 to Chapter 7 in fight to keep house
“ Even though the debtor was not employed, she was willing to liquidate a part of her retirement account to pay for the settlement to keep her house.” WHEN I…
Are you sinking deeper into debt every month?
IF you are searching for debt reduction solutions, no doubt you’ve been inundated with advertisements for various debt management programs, companies and solutions. The choices seem confusing to the average…
Do you know that some IRS forms attract audits?
SOME IRS forms attract audits. Merely filing them causes the Agency to look at your tax returns. Here are some of them. Form 1099: You may have had a side…
Delinquent tax debt could mean revocation of your passport
IN February 2018, the IRS will start certification of individuals with delinquent tax debt to the State Department. How will the IRS certification impacts you? • Upon receipt of certification….
Homeowner files last-minute Chapter 13 without credit counseling as loan modification is denied
“So why even assume this kind of risk by filing an incomplete petition?” THE client is 59 and single. He has a decent job where he makes $4,000 a month…
Recognizing pregnancy discrimination at work
WHEN Otisha Woolbright became pregnant, her doctor instructed her to stop lifting 50-pound trays of chickens at Walmart. Ms. Woolbright informed her boss about this and her boss said she…
Should you file single, separate, or joint tax returns for a green card?
OUR tax laws give you choices of filing status to prepare your income tax returns. Which one is appropriate for a married person petitioning (or being petitioned by) your spouse?…
Solar energy credit for business and residential
THE solar investment tax credit is available to both commercial under section 48 and to residential under section 25D for both solar water heating systems and photovoltaics property to generate…
Business owner chooses Chapter 7 for $250K in personal guarantees on business loans
“Do not sign personal guarantees for business loans because you will be on the hook if the business cannot pay the loan.” THE client is 45. He is actually a…
Can you be deported for filing false tax returns?
YES, you can be. It’s terrible, but it happens. In a landmark case, the Supreme Court held that a conviction for willfully filing a false tax return is a deportable…
Business owner choose Chapter 7 for $250K in personal guarantees on business loans
“Do not sign personal guarantees for business loans because you will be on the hook if the business cannot pay the loan.” THE client is 45. He is actually a…
Employee misclassification results in serious injustice to workers
(“Independent contractors” lose employment rights) EDUARDO Garcia worked 15-hour days as a port truck driver for Tradelink Transport. Even after working 15 hours, his boss would wave him back to…
Top 3 Medi-Cal myths debunked
MEDICARE, Medicaid, Medi-Cal. If your 65th birthday is on the horizon, then these terms may have begun to appear on your radar. Unfortunately, because the three are so similar in…
Waiting to file for bankruptcy can sometimes hurt you
A LOT of people in debt often already know what they need to do once they realize that bankruptcy is their only way out. But they usually delay the decision…
Solar energy credit for residential property
A SOLAR electric residential property to be qualified for the credit must meet the following requirements: 1. Costs paid must be for qualified for solar electric property. 2. Qualified solar…
Are women paid lower wages?
“One contributing factor to the gender wage gap is pay secrecy.” Q: I AM a single mom and I have worked for my employer for several years. While talking with…
Seniors need Chapter 13 as they retire
THE seniors are husband and wife aged 70 and 65. The wife is a young and healthy 65, while the husband is a healthy 70 who still looks strong. Both…
Thinking of filing bankruptcy? Five questions to ask yourself
ARE you constantly worried about your finances because of debts that you can no longer afford to pay? If you are in more debt that you can repay, you may…
The problem with undocumented workers’ use of each other’s social security
SOME undocumented workers use other people’s Social Security numbers (SSN). That creates a problem. Then they use another number to file their income tax returns – their own Individual Identification…
Resident, nonresident alien status tax wise
THE tax laws refer only to two controlling principles whether you are a resident alien or nonresident alien while the immigration laws of the US refer to aliens as immigrant,…
Can your employer legally ask you to work during your meal break?
PHARMACISTS employed by Albertson’s LLC in California sued their employer for missed meal and rest periods. The employees alleged that the employer did not provide them off-duty meal breaks and…
Client needs Chapter 13 relief for $36K taxes and $80K unsecured debt
“So the pressure on the client due to debt burden has been steadily ramping up and taking it’s deadly toll on client’s well being.” THE client is 50 and single but has a…
Bankruptcy relief can help provide a better financial future for you and your family
SLEEPLESS nights… Stressed out… Worried about the future… Always broke no matter how hard they work…Feeling hopeless about their situation. This is what most people are going through…
How undocumented workers help fund our social security system
U.S. taxpayers file millions of individual tax returns each year. Some of these tax returns contain W-2s with fake Social Security numbers. Some belong to people who get married and…
Reporting requirements for US citizens abroad
U.S. citizens are generally taxed on their worldwide income regardless of where the income is earned or received. A U.S. citizen who earns income in a foreign country may also…
Do undocumented immigrants really hurt our social security system?
NO, they don’t; in fact, undocumented workers help shore up our Social Security system. You see, they pay millions, no, make that billions with a “b” to a system that…
Will a business bankruptcy affect its owners?
“In the client’s case, the problem is that her husband is ill and can no longer run the business.” THE client and her husband are the only stockholders of an…
Should “commute time” in company vehicle be paid?
JOSELUIS Alcantar works for Hobart Service as a service technician travelling to Hobart’s customers to perform after-sale maintenance and repair services on equipment sold by Hobart’s parent company. Service technicians…