Bankruptcy can give you a fresh financial start in 2020
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…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
Read More
New 2020 minimum wage increase for California workers
WHAT is the new minimum wage? Effective January 1, 2020, the minimum wage in California will be $12.00 per hour for employers with 25 employees or less. For employers with…
Should you renew your expired ITIN?
• 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…
FACCGLA inducts new executive officers on January 12
AFTER a productive two-year run under President Ellen Samson, the Filipino American Chamber of Commerce of Greater Los Angeles (FACCGLA) will be announcing its new officers to serve for the…
Young client has $1-M judgment against him, needs bankruptcy relief
THE client is 38 years old and single. He is a professional with a license and makes about $100,000 gross a year. He rents a room near his workplace, where…
Aviation Institute of Maintenance and Your Flight to Success
Las Vegas campus graduate shares experience Aside from working hard and perseverance, one of the most important factors in kicking off your career is education — and the institution you…
SoCal Filipina registered nurse helps bargain first contract with nurses union
Registered nurses at Methodist Hospital ratify historic first contract that sets nurses workplace protections in stone LAST month, registered nurses at Methodist Hospital in Arcadia, California ratified their first-ever contract…
Palace: Duterte won’t meddle with ABS-CBN franchise renewal
President Rodrigo Duterte will not interfere with the franchise renewal of major television network ABS-CBN, Malacañang said on Friday, January 3. This is because Congress has the prerogative to grant…
DTI, SEIPI to engage in trade and investment promotion for electronics in the US
The Philippine Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics…
Did your ITIN expire last December 31, 2019?
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…
New law alert: longer paid family leave to take effect
THE California Family Rights Act (CFRA) entitles employees who work in businesses of 50 or more employees, 12 weeks of leave from work. This benefit is provided when they have…
Seniors need CHP 13 as they retire; senior’s business needs CHP 7 while she needs CHP 13
SENIORS are husband and wife aged 70 and 65 – wife is a young and healthy 65; husband is a healthy 70 and still looks strong. Both are still working…
Excessive debt makes people look ‘wealthy’ even when they’re poor
ACCORDING to a recent study, a majority of people in this country are living way beyond their means. In keeping up with the Jones’s, these people have resorted to using…
Avoid the bondage of debt, especially seniors
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and…
History of CES in Las Vegas
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…
Excessive debt makes people look ‘wealthy’ even when they’re poor
ACCORDING to a recent study, a majority of people in this country are living way beyond their means. In keeping up with the Jones’s, these people have resorted to using…
Avoid the bondage of debt, especially seniors
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and…
When your boss lies about the reason for firing you
Q: I was diagnosed with early stage cancer a few weeks ago. I can still do my job but I will need about 5 hours off from work every week…
Pinay-founded Care.com acquired for $500-M
PINAY-founded Care.com, the world’s largest online marketplace for finding and managing family care, will be acquired by American-holding company IAC, both companies announced on Friday, December 20. The two companies…
Clients seek to discharge $100K and $30K credit cards
Both qualify for different chapters of bankruptcy code for different chaptersof bankruptcy code Most debtors prefer to have a Chapter 7 wipe out of debt. This is called a fresh…
Our favorite gadgets at last year’s CES in Las Vegas
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…
Fil-Am Chamber of Commerce of Greater LA to install new president at 2020 fundraising gala
AFTER two years of presidency, Ellen Samson will pass the torch to Annie Nepomuceno who will serve a two-year term along with a new Board of Directors in the Filipino…
Extending paid sick leave to part-time employees
Q: I AM a part-time hourly employee working in retail. I work between 20 to 30 hours a week. I recently got sick and had to be out for three…
Repo deficiency causes senior to seek Chapter 7 relief
THE first client is 75. Her husband passed four years ago and left her with $30,000 of credit card debt. She has been making minimum payments on their credit cards…
Are your debt problems making you worry about the future?
IF you care about how you are going to live your life 10, 20 or more years from now, this article is for you. The future is something we don’t…
MassMutual approves $1.7 billion estimated 2020 policyowner dividend payout
Massachusetts Mutual Life Insurance Company (MassMutual) announced last November 4 that its Board of Directors has approved a $1.7 billion estimated dividend payout in 2020 to eligible participating policyowners and…
Our favorite gadget at last year’s CES – My special Aflac duck
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…
Chapter 7, 13 or debt settlement? Client with $40K in credit card debt examines the differences
THE client is 42 and is going through a divorce after a short two-year marriage. He has moved out of the marital home and now lives by himself. He has…
Year-end tax plan for 2019
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…
Big ways for small businesses to save energy during the holidays
THE holiday season is often an active time that can become even busier for small business owners who keep the rush humming. From serving their neighborhoods to wrapping up end-of-year…