What to do if you’re fired and asked to sign a release
AN employee may be asked to sign some documents at the time of termination. One of these documents may be a severance or separation agreement. This is a contract between…
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
AN employee may be asked to sign some documents at the time of termination. One of these documents may be a severance or separation agreement. This is a contract between…
THERE are times in life when we’re sometimes caught unprepared for what we have to do in order to deal with an ongoing problem that simply will not go away….
THE client is 50, divorced, and used to own a business that had a commercial lease for retail space. He operated the business for 10 years. On the 11th year,…
Q: I recently applied for a job and I was asked to sign an arbitration agreement as a requirement to being hired. I heard arbitration agreements are not fair to…
OTHER rules for real property depreciation: If placed in service after 2017, qualified improvement property, in addition to no longer qualifying for bonus depreciation and being newly eligible as section…
For about 12 years, Blanca Ramirez worked at the Jack in the Box in San Fernando, CA as a team leader. She reported to the employer’s anonymous hotline that another…
Businessman considers BK for $400K lawsuit Client is 68 and married. He just received a notice of bank levy on his accounts for a judgment against his wife. He asks…
Part 1 of 2 The Tax Cuts and Jobs Act TCJA (“New Law”) effectively lowered the cost of acquiring capital assets by making substantial changes to the income tax rules…
ARE you in debt and in a constant state of worrying about your financial situation? Perhaps like most people, you live paycheck to paycheck and are barely surviving but you’ve…
Look-through rule on sale of partnership interest: Under the Act, gain or loss on the sale of a partnership interest is effectively connected with a U.S. business to the extent…
PHILIPPINE National Bank (PSE: PNB) formally opened the doors of PNB Remittance Centers, Inc. (PNB RCI) corporate office on May 30 in its new home at 225 West Broadway, Suite 301,…
IF you’ve accumulated more credit card debt than you can handle, you may get this sick feeling in your stomach not knowing what to do about it. As a bankruptcy…
“The FBI investigates the scam and tells the client they can get their money back if the money is still in the account.” THE first clients are business partners who…
DR. Sheila Hudson worked as a Senior Associate Athletics Director and Title IX Coordinator for California State University, Los Angeles. She filed a lawsuit against her employer, alleging retaliation after…
by Phil Galewitz EASTON, Pa. — Walk into a big-box retailer such as Walmart or Michaels and you’re likely to see MCS Industries’ picture frames, decorative mirrors or kitschy wall…
President Rodrigo Duterte’s trip to Japan is proving to be productive as 26 agreements that could bring in P289-billion worth of investments were signed this week. The deals were read…
(Part 1 of 2) THE Tax Cuts and Jobs Act (the “Act”) makes major changes to the taxation of partnerships, S corporations, and pass-through income. Most of these changes are…
THE City of Carson will be a bustling hub of activity when the Travel, Trade and Consumer (TTC) show comes to town on August 3 and 4. This exciting weekend…
ARE you seriously in debt and don’t know what to do? Individuals who have accumulated excessive debt are often left to ponder whether bankruptcy is their only realistic way to…
THE creation of technology-driven industries has given rise to new business models that may not follow the traditional employer-employee relationship. Companies, for example, may practice “outsourcing” or “crowdsourcing” where they…
THE first client is 34. She is recently married and now has a one-year-old son. She used to be employed making a gross of $50,000 yearly. At the same time,…
TOKYO, JAPAN – In a parallel event to the 14th Philippine Business Mission (PBM) for tourism held in Japan, President Rodrigo Duterte met with leaders of the Japanese travel industry…
I WAS in line at the grocery store the other day and noticed the man in front of me smiling and looking at me as if he wanted to say…
THE client is 48, married and has a good job paying him $100,000 gross a year. A family emergency has caused him some financial hardship because money meant to pay…
Off-the-clock and “Unapproved” Work Hours are Still Compensable Q: I work as a nurse at a hospital that has a strict policy of no unapproved overtime. We don’t ask for…
THE Tax Cuts and Jobs Act (“Act”) makes changes to the general business credit by adding a new Paid Family And Medical Leave Credit and changing the Rehabilitation Credit and…
The Philippine Navy’s first missile warship BRP Jose Rizal on Thursday, May 23 was launched in South Korea at a ceremony spearheaded by the top defense and military officials from…
MANILA – Thousands of small and medium enterprise business owners and aspiring entrepreneurs gathered at the country’s largest business-2-business expo, conference, and networking event dedicated to empower the Small and…
SIX Philippine companies are included on the 2019 Forbes Global 2000 list, comprising of the world’s biggest, most powerful and most valuable companies. The Filipino companies considered among the largest…
THE first client is 48, married, and has a good job that pays $80,000 a year. His wife makes another $40,000 a year. Together, they make $120,000 gross a year. …