Store manager needs bankruptcy relief
CLIENT no. 1 is 50 years old and is the manager of a big retail store. He’s been working there for 30 years. His spouse got into an accident and…
Category: Business
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2019 tax filing due dates for 2018 tax returns
* * * Victor Santos Sy graduated Cum Laude from UE with a BBA and from Indiana State University with an MBA. Vic worked with SyCip, Gorres, Velayo (SGV –…
Store manager needs bankruptcy relief
CLIENT no. 1 is 50 years old and is the manager of a big retail store. He’s been working there for 30 years. His spouse got into an accident and…
Firing employee after 12-week medical leave may be disability discrimination
OUR client, Teresa,* has always lived with a serious lung condition since childhood. Although Teresa knew that her condition limited her activities, she did her best to live a productive…
Bankruptcy: Are you living without a financial plan?
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…
Should you file an extension to file your tax returns?
APRIL 15 is an annual anniversary of sort – tax deadline for some, a date to file extensions for most. It has become a habit for those who procrastinate like…
Clients with wage garnishment, huge sales tax, freak accident seek bankruptcy relief
Freak accident liability I want to discuss the client with the freak accident first. The first client is 45. This is really a very unusual case. In fact, I have…
Unwanted robocalls and text messages: Have you had enough?
AS a cellphone owner, you have most likely experienced unwanted calls from telemarketers, robocallers, and spammy text messages. There are common measures you can take to minimize unwanted calls. CNN…
Mitsukoshi Mall promises to be an “All-time Favorite Store” for Filipinos who love everything Japanese
No shopping experience in Japan is complete without going to Mitsukoshi, the oldest surviving department store chain in Japan. The long-standing retail institution is known to discerning shoppers and travelers all…
Four Filipinos on 2019 Forbes ‘30 Under 30’ Asia list
Forbes magazine on Tuesday, April 2, named four Filipinos belonging to the “30 Under 30 Asia” list, featuring 300 young people who excel in 10 categories hailing from 23 countries…
LG Makes its Mark in Mindanao
LG Electronics, in keeping with its tradition of giving back to the community, recently paid a visit to The House of Hope in Davao. The House of Hope Foundation, located…
Failure to accommodate an injury is disability discrimination
ANAHIT Shirvanyan, 63 years old, worked as a kitchen staff at Los Angeles Valley College (LAVC), a licensed childcare facility in Van Nuys, CA, which is part of the Los…
Young client seeks Chapter 7 discharge of $300K credit cards for a fresh start
WHEN I say the client is young, I mean she’s in her 20s. She is married and has a toddler son. Before becoming a mother, she was working full-time and…
New law allows section 529 plans for elementary and high school
QUALIFIED tuition plans (referred to as Section 529 plans) are established to help families save for college education in a tax-advantage way. These plans are sponsored by states, state agencies, and…
Too much debt often leads to an empty bank account
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,…
PH Consulate General Lauds Successful Iowa Trade Mission to the PH
Chicago, Illinois – The Philippine Consulate General in Chicago lauded the United States business delegation from Iowa that successfully conducted a trade mission to the Philippines on 20-23 March 2019….
This Filipina-American engineer makes it easy for you to binge-watch Netflix
“Just one more episode” — it’s something we whisper to ourselves to resist ending a Netflix binge-watch, despite the clock ticking or other responsibilities calling. There are several factors that…
Globe myBusiness gathers tourism stakeholders at Breakthroughs: Tourism conference
QUOTE FROM ERNEST: “We at Globe would like to support this (tourism) industry because this industry needs a lot of updating in terms of the digital world. Digital is changing…
LG Launches Laundry Love: On National Women’s Month, LG empowers alpha-males to do the family laundry with LG washers
Even with more women joining the workforce, studies have shown that a bulk of the housework is still relegated to the women. This is known as “the second shift”, where…
Eight tax law changes for taxpayers with dependents
1. Changes to the kiddie tax: The Tax Cuts and Jobs Act (“Act”) simplifies the old convoluted computations using tax data of other taxpayers – parents and siblings. The kiddie…
Eligible debtors should seek BK relief
SOMETIMES debtors cannot decide whether they should seek debt relief through Chapter 7 wipeout of all dischargeable debts or consolidation and reorganization through a Chapter 13. They usually ask me…
Strict leave policy may discriminate against pregnant & disabled employees
Q: AFTER12 weeks of medical leave for a surgery, I told my employer I could not go back to work yet. One day after I was supposed to be due…
Boost your ride with exclusive promos at the Manila International Auto Show 2019
Apart from ensuring that one’s vehicle is well-maintained and equipped with emergency kits and tools, part of the fun of owning a car is the variety of upgrades and accessories…
11 Tax changes for individuals
1. Personal exemption eliminated: The Tax Cuts and Jobs Act (Act) eliminated personal exemption deductions for yourself, your spouse, or your dependents beginning with your 2018 tax returns (to be…
Seniors need Chapter 7 relief for $50K various unsecured debt
“Obviously, something else will now have to be chopped off. The credit cards have to be chopped off to free them of having topay $1400 a month. Anyway, they have…
#Equal play #Equal pay – US Women Soccer Team sues to end pay discrimination
THE U.S .Women Soccer Team (“Women’s Team”) has won a record three World Cup championships, four Olympic gold medals, and many other international competitions. It is the three-time winner of…
Chapter 13: How to be debt-free in 3-5 years
“ This means that most of what you are paying goes to interest alone and you may be stuck in debt for the rest of your life.” WHEN people think…
Enter A World Built Bolder at WORLDBEX 2019
For its 24th year, the World Building and Construction Expo, or simply WORLDBEX 2019, is setting the benchmarks higher with another groundbreaking trade presentation. Armed with the grit to usher…
Filipino adult internet users increased by six percent – SWS
A recent Social Weather Stations survey (SWS) on Wednesday, March 13, revealed that the number of adult Filipinos who use the internet rose to 47 percent last quarter, a six-point…
What is the minimum payment in Chapter 13?
“The debtor gets to keep most, if not all of his assets, including the house, furniture, cars, retirement accounts, bank deposits etc., subject to qualifying under a system of asset…