[COLUMN] Here are 4 ways to get out of debt
ARE you seriously in debt and don’t know what to do about your situation? Are you afraid that unless you do something about it, thing will just continue to get…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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[COLUMN] IRS top enforcement targets
WITH a bigger budget, IRS recently hired new personnel to increase their historic low audit rates. Here are 7 targets for IRS audits: 1. Non-filers IRS estimates that nonfilers represent…
[COLUMN] Is an unfair firing ‘wrongful termination’?
Q: I worked in a company for over 5 years. A client accused me of making a mistake in a big order. This was not true. But the new manager,…
[COLUMN] Do I have to disclose my bitcoin to my spouse in my divorce case?
BITCOIN and other cryptocurrency has become popular lately as a new store of value. It is decentralized and not subject to regulation in any jurisdiction. It can be stored…
[COLUMN] Debtor with $70K credit cards but good income needs Chapter 13 relief
A DEBTOR who is 50 has accumulated credit card debt at the rate of $6,000 a year for the last 20 years. Now, he owes $70,000 of credit cards. He…
[COLUMN] Can bankruptcy help if you’ve been laid off due to the coronavirus?
WE are facing challenging times brought about by the coronavirus. Since March of last year, millions of people have lost their jobs. A lot of business owners have been forced…
Tan Brothers want a slice of the PH gin market
Brothers Lucio Tan III, president and COO, and Kyle Tan, executive vice president, who are now at the helm of Tanduay’s new leadership, are eyeing a share in the country’s…
[COLUMN] Reasonable accommodation for pregnancy-related disability
Q: I worked in healthcare in Los Angeles. Several months ago, I was pregnant. My doctor ordered me to take leave from work because my pregnancy was high-risk. My employer…
[COLUMN] IRS warns tax preparers of new email scam
SCAMMERS become more active during tax filing season — their hunting season. The prey: your own tax preparer who has troves of social security numbers, birthdays and bank account numbers….
[COLUMN] Debtor with $500K home equity seeks Chapter 7 relief for $420K lease liability
THE client is 50. He bought a restaurant in November of 2019. What’s the worst time to buy a restaurant in the history of the human race? November of 2019…
[COLUMN] Can I enforce a form I-864 Affidavit of Support in divorce proceedings?
THE Illegal Immigration Reform and Immigrant Responsibility Act of 1996 requires that US Citizens sponsoring an alien for legal permanent residency execute an immigration form I-864 Affidavit of Support. This…
Panda Express reinforces its commitment to uplifting communities with a $10-M pledge to diversity, equity & inclusion
Panda Express®, the largest family-owned and operated Asian dining concept in the U.S., was built on a foundation of bridging cultures—and flavors— to bring people together. Having always had deep…
CA COVID-19 Rent Relief program provides free financial assistance to income eligible households for unpaid rent and utilities
Rent relief is now available for California landlords and their renters who are struggling to pay rent or utilities due to COVID-19. Income eligible renters can apply for help to…
[COLUMN] Caregiver law overview for 2021
Working as a caregiver in a private home, an assisted living facility or nursing home is hard work. If this is your job, you probably work long hours and return…
Get out of debt, improve your life
YOU may not like what I have to say in this article. But oftentimes, the truth hurts. But if you find yourself broke every payday because of too much debt,…
How to download Facebook videos online?
FBDown makes it possible to download videos directly from Facebook to your device. Depending on the browser and operating system, the videos are saved after the download at the download…
[COLUMN] IRS warns tax preparers of new email scam
A COMBINED task force of IRS, state tax agencies and the tax industry is warning tax professionals of attempts to steal Electronic Filing Identification Numbers (EFINs) with new scam email…
[COLUMN] Disabled senior needs Chapter 7 relief from $50K credit cards
AT some point in your life, you will have to confront your own mortality as well as the mortality of your loved ones. When you’re 12, you’re in a hurry…
NAAC presented with an FHLBank San Francisco-matched grant by Mechanics Bank
DALY CITY – True to its commitment, Mechanics Bank recently presented The National Asian American Coalition (NAAC) with two checks of $5,000 for a total of $10,000. The NAAC has…
[COLUMN] Death by COVID-19
As much as one might be prepared for the death of a dear friend or a close relative, we are never ready to receive such news. Over the weekend, I…
[COLUMN] IRS warning: Fraudsters exploit COVID to steal your identity
Opportunistic scammers are exploiting COVID to steal from you. IRS warns that dark web thieves are targeting tax preparers and taxpayers. These dirty criminals constantly mutate like the virus. These…
[COLUMN] Should I tell my boss about my medical condition?
Q: I WAS diagnosed with a spine compression fracture and severe depression. I want to request leave but want to keep my privacy at work. Do I need to tell…
[COLUMN] Is filing bankruptcy your best option?
THIS is one thing I hear from people all the time: “If you ask me, I really hate doing this, but I feel I have no choice.” Of course, no…
[COLUMN] Are income taxes owed to IRS dischargeable in bankruptcy?
ARE income taxes owed to the IRS dischargeable in bankruptcy? What do you think? Of course, they are dischargeable. There are certain conditions that have to be met but they…
Fil-Am startup Plentina raises $2.2M to accelerate credit access in Southeast Asia
MANY startups have attempted to unlock financial services in Southeast Asian emerging markets, where credit card penetration is under 10%. Consumers in the Philippines have lost trust in a system…
[COLUMN] Tough financial times never last, but tough people do
You’re doing fine. You’re paying your bills on time and you have your debts under control. You’ve even managed to set aside a bit of savings in your bank account….
[COLUMN] IRS: Here are 12 ways to protect yourself from scammers
IRS Commissioner Chuck Rettig described the combination of tax filing season, COVID, and work-from-home as hunting season for online thieves. Dark web scammers are the hunters and you are the…
[COLUMN] Employees’ right to sit down at work
EVA Sharp worked as a cashier for Safeway, a large American grocery chain with headquarters in California. She initially filed a class action case on behalf of cashiers and other…
[COLUMN] Life after bankruptcy: Get out of debt now
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 when they…
[COLUMN] What is intent to repay in BK debt?
IN one case, the debtor borrowed $100,000 in credit cards, which he used to gamble. He then filed for Chapter 7 to wipe out the $100,000 of credit cards. The…