Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
LA Found is a new initiative aimed to quickly locate individuals with cognitive impairments who wander and go missing Los Angeles County officials and health organizations on Wednesday, Sept. 5…
Real estate tycoon and former politician Manuel “Manny” Villar is now the Philippines’ second richest man after his wealth tripled due to the boom in the construction business that benefited…
Philippine President Rodrigo Duterte on Thursday, September 6 announce the creation of a department that would ease up the business process in the country for foreign investors. In his speech…
Warning letters for products that looked like juice boxes, cookies and candy part of efforts to protect youth from dangers of nicotine and tobacco product The U.S. Food and Drug Administration…
The governments of the Philippines and the State of Israel have signed three agreements that would strengthen the bilateral ties between the two countries. President Rodrigo Roa Duterte and Prime…
MARKETING veteran Arnold T. Gonzales was chosen unanimously by the Board of Directors, chaired by Tourism Secretary Bernadette Romulo Puyat, as Officer-in-Charge (OIC) of the Tourism Promotions Board (TPB), following…
JOIN us at Pechanga Resort Casino this September to celebrate the Mid-Autumn Festival with our exciting “Harvest Moon Grand Drawing”. There will be 50 winners of EasyPlay and one lucky…
ALEXANDER Brown and Arik Silva worked as retail sales associates at Abercrombie & Fitch Co., a company that operates retail clothing stores throughout the United States. Brown and Silva sued…
IF you are delinquent on your debts, you may be able to avoid dealing with the bill collectors for a few months but sooner or later, you will still need…
NO, merely renting out your house, condo, or apartment does not attract IRS audits. But yes, there are rental items that attract IRS scrutiny: • Deducting expenses that are disproportionately…
FOR those who are eyeing to buy a Maserati or Alfa Romeo in Southern California, look no further than Maserati Alfa Romeo of Puente Hills. Maserati Alfa Romeo of Puente…
1. BLENDED Federal Income Tax Rate: For Corporations tax elected to use a fiscal year will pay a blended tax rate and not the 21% flat rate. The new rate…
More than 200 buyers and over 220 sellers are set to participate in this year’s Philippine Travel Exchange (PHITEX) – organized by the Tourism Promotions Board (TPB), the marketing arm…
BEING audited by the IRS is dreaded by most taxpayers. My clients constantly asked which method increase their chances of getting audited. Let’s compare two methods of filing your tax…
THE clients are seniors who just stopped working two months ago. The husband is 75 and the wife is 71. They own a house with $140,000 in equity. Their unmarried…
THE California Fair Pay Act (a.k.a. the Equal Pay Act), enacted in October 2015, prohibits employers from paying employees less than those of the opposite sex for “substantially similar work,”…
I KNOW we’ve never met. But there’s a common fear that everyone shares when they’re in debt. As a bankruptcy attorney, I hear it from people who consult with me…
Hundreds of foreclosures resulted from Wells Fargo glitch Democratic lawmakers in Sacramento are hoping to overturn a court ruling that would order California to use $331 million in helping homeowners hit…
• PERSONAL exemptions: the personal exemptions for you, your spouse, and dependents are suspended. This line item may not even show on your 2018 Form 1040. • Credits for child…
Q: I WORK as a nurse at a hospital that has a strict policy of no unapproved overtime, and no going on breaks unless we are relieved by another nurse….
YES, definitely. Mistakes can get you audited by the IRS. Let’s discuss common mistakes that can get you into trouble. 1. Filing On Paper Paper-filed error rate is 21% compared…
ARE you struggling every month to pay your debts, especially your credit card bills? Are you always worried about not having enough left over for your mortgage, rent, food and…
I REPRESENTED a foreign company with a $250,000-claim for a 40-foot container of manufactured goods that it delivered to the debtor, a California company, on December 30, 2014. The debtor…
THE San Manuel Band of Mission Indians officially began its major expansion project, marked by Yaamava’, a celebratory event and groundbreaking ceremony, that was observed by dozens of community leaders,…
Fil-Am sugar artist Albert Daniel partners with Fountain Valley Regional Hospital and Medical Center to gift cake pops as parting gifts to maternity ward patients GIVING birth is life’s greatest…
(Part 4) IN part 1: we defined 1) who are resident aliens, nonresident aliens or both, 2) who are exempt individuals, and 3) closer connection exception. In part 2: we…
THE bustling SouthBay Pavilion Mall in Carson became the apex of the Filipino-American community last August 4 and 5 during the Travel, Trade and Consumer Roadshow (TTC). The event is…
Equal rights in parental leave benefits Q: I HAVE been working 4 years for a large company in Los Angeles. My wife just gave birth to our first child. When…
THE first senior is 73. He has been separated from his wife for 30 years but not divorced. So, for all intents and purposes, he is single because even if…
THE Internal Revenue Service currently audits less than 1% of tax returns annually, so your probability of attracting IRS audit is incredibly low. Taking deductions that are higher than average deductions…
