One long ride through history
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…
Category: Business
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
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How to choose the right vehicle for you
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…
Haggling your way for the best car price
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…
Do you have enough withholding?
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…
Fil-Am nurse sentenced for $1-M Ponzi scheme
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….
Is going to an unethical tax preparer dangerous?
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…
Taking leave from work to care for sick family members is protected by law
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…
To people who know they need to file bankruptcy but are afraid to do so
“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…
How does the bankruptcy means test work?
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…
Duterte blames Trump for inflation as locals and leaders point back to TRAIN law
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…
Delinquent tax debt could mean revocation of your passport
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…
California to run on 100% clean electricity by 2045
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…
Does shrinking IRS budget reduce your chance of being audited?
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…
Single mom seeks Chapter 7 relief from $60K credit cards
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…
Are you paying your employer’s costs of doing business?
(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…
Here’s how you can get out of debt safely and legally
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…
LA County launches new tracking technology to help find missing people with autism, Alzheimer’s
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…
Villar rises to second richest in PH, next to Henry Sy
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…
Duterte to create department to improve doing businesses in PH
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…
Companies cease sales of e-liquids with labeling or advertising that resembled kid-friendly foods following FDA, FTC warnings
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…
PH, Israel ink 3 agreements in landmark visit
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…
Arnold T. Gonzales, Tourism Promotions Board Officer-in-Charge, on empowering employees and officials in promoting the Philippines all over the world
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…
Celebrate the Moon Festival at Pechanga Resort Casino with a 2018 Mercedes Benz giveaway and great prizes
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…
Should employees pay the cost of “dress code” required at work?
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…
Warning: Before you hire a debt settlement company
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…
Does rental property attract IRS audit?
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…
Maserati Alfa Romeo of Puente Hills holds grand opening, seeks to be No. 1 dealership in SoCal
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…
What’s new: Tax cuts and jobs act (Part 2)
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…
Foreign Travel Agents And Philippine Sellers Converge For Phitex 2018
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…
Which has less chances of IRS audits – paper or e-file?
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…