99 Ranch Market makes public announcement
99 RANCH Market, via a public announcement signed by CEO Alice Chen, recently shared a public announcement on how the company and its stores are addressing shoppers’ needs during the…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
Read More
Is bankruptcy the answer to your debt problems?
A LOT of people who are contemplating bankruptcy as a solution to their debt problems often wonder if it can be avoided at all. They fear that they might be…
As COVID-19 escalates, officials warn public of fake test kits, scam remedies
Panic-buying, school closures and, of course, contracting the novel coronavirus itself are not the only things to watch out for as the COVID-19 pandemic rages on in the United States….
IRS postpones tax-filing deadline to July 15
Taxpayers in the United States will have three additional months to file their federal taxes, the U.S. treasury secretary announced on Friday, March 20. Tax Day will now be moved…
Employees’ rights and the coronavirus (Part 2)
Q: I work for a company that provides 40 hours of paid sick leave. This is about five days of work. If I ever need to take leave due to…
US trustee directs all 341A hearings thru April 10 be postponed due to virus
THESE are trying times indeed. We have been advised to self-isolate in the meantime that we are waging a war against the novel coronavirus (COVID-19). Sure, social distancing makes a…
Small Fil-Am businesses in New York struggle amidst lockdown
FILIPINO restaurants in New York are feeling the pinch as the lockdown caused by the coronavirus pandemic forced them to drastically cut their operations, doing away with dine-in and focusing…
SF Mayor announces moratorium on commercial evictions
SAN FRANCISCO Mayor London N. Breed on Tuesday, March 17 announced a moratorium on commercial evictions for small and medium-sized businesses related to financial impacts caused by COVID-19. The moratorium…
Casinos, ‘nonessential’ businesses close across Nevada for 30 days
NEVADA Governor Steve Sisolak has announced the closure of ‘nonessential’ businesses, including casinos, throughout the state for at least 30 days to reduce the spread of the novel coronavirus (COVID-19),…
LA Mayor Garcetti announces economic relief package for small businesses impacted by coronavirus
Los Angeles Mayor Eric Garcetti on Wednesday, March 18 announced an $11 million economic relief package for small businesses impacted by the novel coronavirus (COVID-19). “Small businesses are the backbone…
CA Gov. Newsom issues executive order to stop evictions, foreclosures
CALIFORNIA Gov. Gavin Newsom signed an executive order Monday night, March 16 halting evictions and foreclosures as the coronavirus pandemic threatens the livelihoods of the state’s renters and homeowners. The…
LA County treasurer and tax collector not accepting in-person property tax payments
THE Los Angeles County Treasurer and Tax Collector will not be accepting in-person payments or providing in-person tax or business license services until further notice, following the closure of all…
How Fil-Am businesses in LA County are navigating impact of virus outbreak
EVENT cancellations, work from home, no dining in restaurants, doors shuttering — these are a few ramifications of the coronavirus pandemic that businesses across the country are facing. Here in…
IRS releases new simple tax form for seniors
HERE is a welcome new for seniors like me. Probably you too. We hate filling out tax forms with small words crammed into small boxes. Fear not, support is on…
Employees’ rights and the coronavirus (Part 1)
Q: I am a working parent with a school-age child, who has been sent home due to fears of infection from the coronavirus. My work entails interacting with people throughout…
Very senior client cornered by $34K in credit cards
“ My senior client cannot do Chapter 7 because he has a lot of non-exempt equity in his house. He can only do Chapter 13 to handle those credit cards.”…
Palace urges public to stop ‘panic-buying’
Malacañang on Wednesday, March11, urged the public to refrain from panic-buying and the sharing of unverified information amid threats of the coronavirus disease (COVID-19) in the country. Presidential Spokesperson Salvador…
Should employees be paid even if not working?
(Yes, if employer has control over employees) OVER a decade ago, four truck drivers sued Wal-Mart claiming Wal-Mart violated California’s meal and rest break laws. As part of their job,…
Couple wonders how to tackle debt relief for wife
LET me give you the background on this case. The husband is 81 but still looks active. He is slim and sprightly. The wife is 79 and looks nervous. Normally,…
IRS simplifies form 1040 for individuals
1. One big change this year is a reduction of Form1040 schedules from six in 2018 down to three in 2019. Some schedules will be merged while some will revert…
Rice Tariffication Law led to record-low rice prices in seven years — DTI Chief
RCEF to provide more funds to support farmers’ productivity and income Manila – During the press conference updating the public on the Rice Tariffication Law (RTL), Trade Secretary Ramon Lopez…
Sustainable, ethical wear: How Pinay designer Claire Powers built her KINdom
The words “fashion” and “sustainability” were rarely ever used in the same sentence before. However, things began to change when people began talking about climate change and its chilling effects…
Panorama Tower reopens 26 years after Northridge earthquake
AFTER nearly three decades vacant, Panorama Tower reopened on Thursday, February 24 in Panorama City, California at the corner of Van Nuys Boulevard and Titus Street. Originally designed by Welton Becket as a…
Why filing bankruptcy is not as bad as most people think
FILING Bankruptcy is a serious decision for most people. Although almost a million people file Bankruptcy in every year, most don’t have a clue about how the process works until…
Retiring senior needs bankruptcy relief for $45K credit cards
A 65-year-old husband has just handed in his application for retirement from his job. He makes a gross of $5,000 a month with overtime. Upon retirement, he will net about…
Top tax audit triggers (Part 4 of 4)
You fail to report investment income from interest and dividends: You must report interest and dividends from banks and brokers. If you fail to disclose such accounts to your spouse……
Last call for applications for AAPA Mentorship Program
THE Asian American Professional Association’s (AAPA) Mentorship Program is approaching— don’t forget to apply this week! The APA entorship Program provides professionals with a one-year mentorship and leadership training program. Participants attend…
Unequal pay + sexually-hostile workplace = sex discrimination
RIOT Games, Inc. is a multi-billion dollar video game developer, with headquarters in Los Angeles, operating in 24 offices around the world and employing about 2,500 workers, 80% of them…
Poe: ABS-CBN hearing fair and objective
Despite her family connections to ABS-CBN, Philippine Senator Grace Poe on Wednesday, February 26, said the network giant’s franchise hearing is fair and objective. Poe, who chairs the Senate Committee…
Starting a new life after bankruptcy
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…