Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
Internal complaints of illegal acts are protected CATHERINE Zulfer was employed by Playboy Enterprises, Inc. for about thirty years in various accounting positions. During the last eighteen months of her…
IF YOU are in debt and are seriously considering bankruptcy as an option, I am sure a lot of thoughts are going through your mind. I just want to get…
In this discussion, we envision a situation where a person signs a declaration before he files a bankruptcy admitting that he has defrauded someone, and that if he should file…
Are you pregnant or thinking about becoming pregnant? Do you know someone who is pregnant? While you’re picking out tiny clothes and reading childcare books, remember the importance of your oral health!…
YOU should have received Form W-2 (Wage and Tax Statement) from your employer by now. If you did not, here are 10 tips to help you file: 1. Employers have…
(Unfair does not mean Unlawful) Q: I WORKED in a company for more than 10 years. A new supervisor was recently transferred to my department. This person and I do…
WHEN people are going through financial difficulty and are unable to pay their bills, their first reaction is often to ignore their debts and avoid contact with creditors. They think…
THE 5th amendment to the United States Constitution states that no person may be compelled to testify against himself. Hence a person may refuse to answer a question on the…
THERE are two different approaches to prepare for an audit: shoe-box and organized approach. Let’s discuss each method so you can determine which one is best for your next audit….
Waiting at work for security checks may be compensable JESSE Busk and Laurie Castro are former employees of Integrity Staffing Solutions, Inc., a company which provides warehouse space and staffing to…
DO you dream of simplifying your life, reducing your stress and regaining control of your financial future? Everyone dreams of living a debt-free life and yet we know that today,…
DURING medieval times, people believed they could cure a toothache by driving a nail into an oak tree. Silly, right? Today’s misconceptions are different. There are still some crazy ideas…
SEXUAL intercourse with a minor is called statutory rape. Whether the minor consented is irrelevant. If the law states that anyone below 16 is a minor, then carnal knowledge of…
HERE are the top 10 things the Internal Revenue Service wants you to know about this valuable credit: 1. If you qualify, it could be worth up to $6,044 this…
IN 2002, Bobby Nickel was hired by Corporate Express as a facilities manager. In 2008, Corporate Express was acquired by Staples. In 2011, at the age of 64, Mr. Nickel…
FIRST of all, I am not the lawyer in question although I am able to speak fluent Thai and Russian after 3 bottles of beer and the last judge I…
1. YOU may deduct donations to qualified organizations. Qualified organizations have tax-exempt status from the IRS. These include corporations or foundations organized in the U.S. for religious, charitable, educational, scientific,…
ON April 27, 2007, Jessica Manosa hosted a party at a vacant residence owned by her parents. Manosa and most of the attendees of the party were under 21 years…
I KNOW we’ve never met. But there’s a common concern we all share. As a debt relief attorney, I hear it from people who consult with me everyday. It is…
BRUSHING: It’s the foundation for keeping your mouth clean and healthy. In fact, it’s so basic that most people don’t think about it very much—they just do it. If you’re…
DEBTOR filed for Chapter 7 bankruptcy relief to discharge $150,000 of unsecured debt. Creditor who holds a state court judgment for $50,000 on a signature loan files an adversarial case…
HERE are 12 tips to help you choose your correct filing status: 1. There are five filing status options to choose from: single, married filing jointly, married filing separately, head…
Q: I AM an hourly employee at a skilled nursing facility working 12-hour shifts, three days a week. I usually work more than 12 hours per shift finishing up paperwork…
Facing serious debt problems can be depressing to a lot of people. It may seem like the end of the world. You may feel angry, depressed, guilty- or a combination…
THE new bankruptcy law requires debtors to calculate their gross and net incomes using the means test form B22. Differences in the calculation of income can result from many factors….
1. E-FILE. When you e-file, your chance of getting an error notice from the IRS is significantly reduced. Besides, it’s faster. Your refunds also arrive sooner. 2. Check your occupation. …
JORGE Vasquez worked as a maintenance technician for Franklin Management Real Estate Fund, Inc. He was paid $10 per hour for 40 hours per week. Jorge’s supervisors regularly instructed him…
THERE’S a big difference between a real smile and a fake smile. And while a polite smile can help smooth over some social situations, a sincere, honest, from-the-heart smile can…
WHEN debtor filed his Chapter 7 petition, he had $10,000 in his checking account which was used to cover checks issued before bankruptcy was filed. On schedule C, debtor claimed…
YOU may deduct medical expenses only to the extent that expenses for doctors, drugs, insurance, etc. exceed 10 percent of your adjusted gross income. This means that you lose the…
