Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
MANILA, July 13, 2018 – The World Bank maintains its 6.7 percent growth forecast for 2018 and 2019 despite rising global uncertainty. Considering recent economic data, the composition of expected…
Veteran marketing comms exec Onat Roldan appointed President and CEO AdSpark Inc, Globe Telecom’s digital advertising subsidiary, has appointed seasoned marketing communications executive Onat Roldan as the company’s new President…
A Senior Care Home is also known as board and care, residential care facility for the elderly (RCFE) and assisted living facility. It is a place where non-medical care is…
(Part 2) IN the previous issue we defined: 1) who are resident aliens, nonresident aliens or both, 2) who are exempt individuals, and 3) closer connection exception. Do not forget…
Q: TWO weeks ago I was fired from work. My employer told me my last paycheck will be mailed to me by next payday. I have not received it yet….
“ Even though the debtor was not employed, she was willing to liquidate a part of her retirement account to pay for the settlement to keep her house.” WHEN I…
IF you are searching for debt reduction solutions, no doubt you’ve been inundated with advertisements for various debt management programs, companies and solutions. The choices seem confusing to the average…
SOME IRS forms attract audits. Merely filing them causes the Agency to look at your tax returns. Here are some of them. Form 1099: You may have had a side…
IN February 2018, the IRS will start certification of individuals with delinquent tax debt to the State Department. How will the IRS certification impacts you? • Upon receipt of certification….
LG Philippines and Grand Hyatt hotel have teamed up to give football fans the ultimate World Cup viewing experience. Follow the action as it happens in Russia as Pool House at…
“So why even assume this kind of risk by filing an incomplete petition?” THE client is 59 and single. He has a decent job where he makes $4,000 a month…
WHEN Otisha Woolbright became pregnant, her doctor instructed her to stop lifting 50-pound trays of chickens at Walmart. Ms. Woolbright informed her boss about this and her boss said she…
OUR tax laws give you choices of filing status to prepare your income tax returns. Which one is appropriate for a married person petitioning (or being petitioned by) your spouse?…
AMIDST a busy schedule, wrestling magnate turned Cabinet member Linda McMahon made way through an also busy Porto’s Bakery & Cafe in Glendale, California — her last stop in visiting…
THE solar investment tax credit is available to both commercial under section 48 and to residential under section 25D for both solar water heating systems and photovoltaics property to generate…
“Do not sign personal guarantees for business loans because you will be on the hook if the business cannot pay the loan.” THE client is 45. He is actually a…
Real-time remittance service made available between Hong Kong and the Philippines HONG KONG and MANILA, 25 June 2018 – AlipayHK and GCash today announced the launch of a cross-border remittance…
YES, you can be. It’s terrible, but it happens. In a landmark case, the Supreme Court held that a conviction for willfully filing a false tax return is a deportable…
“Do not sign personal guarantees for business loans because you will be on the hook if the business cannot pay the loan.” THE client is 45. He is actually a…
(“Independent contractors” lose employment rights) EDUARDO Garcia worked 15-hour days as a port truck driver for Tradelink Transport. Even after working 15 hours, his boss would wave him back to…
MEDICARE, Medicaid, Medi-Cal. If your 65th birthday is on the horizon, then these terms may have begun to appear on your radar. Unfortunately, because the three are so similar in…
A LOT of people in debt often already know what they need to do once they realize that bankruptcy is their only way out. But they usually delay the decision…
Manila, June 20, 2018: If you plan to buy an investment condo anytime soon, better choose one from the country’s top property developers and those located in prime locations to…
A SOLAR electric residential property to be qualified for the credit must meet the following requirements: 1. Costs paid must be for qualified for solar electric property. 2. Qualified solar…
“One contributing factor to the gender wage gap is pay secrecy.” Q: I AM a single mom and I have worked for my employer for several years. While talking with…
THE seniors are husband and wife aged 70 and 65. The wife is a young and healthy 65, while the husband is a healthy 70 who still looks strong. Both…
ARE you constantly worried about your finances because of debts that you can no longer afford to pay? If you are in more debt that you can repay, you may…
SOME undocumented workers use other people’s Social Security numbers (SSN). That creates a problem. Then they use another number to file their income tax returns – their own Individual Identification…
THE tax laws refer only to two controlling principles whether you are a resident alien or nonresident alien while the immigration laws of the US refer to aliens as immigrant,…
PHARMACISTS employed by Albertson’s LLC in California sued their employer for missed meal and rest periods. The employees alleged that the employer did not provide them off-duty meal breaks and…
