Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
EARLY this month, state and local law enforcement arrested employers who were operating adult residential and child care facilities in the Bay Area. The employers were charged with human trafficking…
LET’S assume that you have incurred too much debt. What do I mean by too much debt? By this I mean that you are now a slave to creditors because…
NO one ever likes to talk about bankruptcy. However, it’s simply a fact of life. Things happen. Whether it’s losing your job, going through a divorce, having huge medical bills…
THE IRS will tell you what records to bring to an audit. The requested documents varies based on your situation. They will need support for income that you report and…
MAJORITY of Filipinos want the current administration to immediately address rising prices of basic goods and services. The figures from the September 2018 Ulat ng Bayan revealed that 63 percent…
Customer’s satisfaction has always been the company’s top priority MON Cargo Services, Inc. the pioneer in door-to-door delivery services to the Philippines in the Bay Area celebrates its 32nd year…
HONOLULU 26 September 2018 – To ensure fast and efficient service to the public, the Philippine Consulate General in Honolulu will construct a new consular annex building and renovate its…
Part 2 THE US tax system is on a pay-as-you-go basis. Taxpayers are required to pay most of the tax liabilities during the same year they earn the income. If…
Seniors choose Chapter 7 to discharge $30K and $10K credit cards CLIENT is 47, single and a registered nurse. Her income is good at $80K a year. She has no…
IF you are considering bankruptcy as a last resort to solve your debt problems, it is important for you to have your case evaluated by a professional who can advise…
THE client is a foreign company that has been doing business with a California company since 2012. The client is one of the world’s largest manufacturers of a certain kind…
(Employer’s failure to prevent is actionable) COLE H worked as a truck driver for Beverly Fabrics for eight years. During the last 5 years of his employment, he experienced bullying…
WHEN an audit is completed, you will be notified of the Agency’s determination: 1. No change: IRS accepts your returns as filed. You will be asked to sign the examination report….
‘The Cleaners’ to be shown at 8th Human Rights Documentary Film Festival in Hong Kong MILLIONS of new content are uploaded to the internet every single day, entering the timelines and…
The evolution of the automobile in the United States IF one would imagine a time when there were no cars to take people places, one would have to travel way…
BUYING a car is a huge decision. Next to a home, it’s probably the second most important purchase anyone can make. But with the influx of new car models and…
Tips and hacks on how to negotiate when buying a car ACQUIRING an automobile to take you places can be a necessity, luxury or privilege. It could even be all…
THE new tax law could have an impact on how much your employer should withhold from your paycheck. Too little withholding from your paycheck could mean large unexpected tax bill…
A Filipina-American nurse from Dallas, Texas was sentenced last week for orchestrating a Ponzi scheme that cost victims — many of whom were also Filipino nurses — over $1 million….
YES, it can be. Going to a tax preparer who increases your refunds with phantom deductions is dangerous. You may have to return that nice refund … and more, sometimes…
Q:I HAVE been working for 5 years in a Los Angeles company with 52 employees. I requested a leave of absence from work to care for my sick 21 year-old…
“If you own a home and have assets that may be at risk if you were sued by your creditors, it is in your best interest to find out how…
WHAT is the means test in bankruptcy? It’s a method for calculating what your household income is for the purpose of determining if you qualify for Chapter 7 or Chapter…
During his speech in front of the Filipino community in Jordan last Friday, September 7, President Rodrigo Duterte blamed U.S. President Donald Trump as the cause of the current inflation…
IN February 2018, the IRS started certification of individuals with delinquent tax debt to the State Department. How will the IRS certification impact you? • Upon receipt of certification. The…
Gov. Brown signs new bill that aims to combat damaging effects of climate change Governor Jerry Brown signed two measures on Monday, Sept. 10 aiming to convert California to 100…
YES, shrinking budget reduces your chance of getting grilled by the IRS. • The main reason for the decline: IRS budget and staff levels are down. • Tax collectors are…
THE client is 50 and got divorced 10 years ago. Her ex-husband decided that working was not good for him so he just disappeared. They had one daughter that client…
(Your rights to reimbursements may be significant) Q: AS part of my work, I travel to clients using my own car and I pay for gas. I also make several…
ARE you sick and tired of being in debt and having bad credit? Do you want to start over but simply don’t know where to begin? Is filing bankruptcy an…
