Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
BEGINNING January 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….
When I first learned how to drive, I was baffled with how much paperwork is actually involved. However, it turned out to not be as scary and complicated as I…
THE Japanese created Godzilla a long time ago. It’s a gigantic T-Rex on steroids that destroys Tokyo and the rest of Japan until someone comes to the rescue and kills…
Q: I work in a hospital on 12-hour shifts. During my meal break, I sometimes go to our break lounge to take a nap. My supervisor told me sleeping is…
1. DON’T volunteer information. A typical agent is a low-key, friendly agent. They get your guard down by playing a nice guy role. Don’t be deceived by it. Remember that…
IF you are struggling with debt and have done everything you can to no avail, bankruptcy may be the only way for you to wipe the slate clean on your…
SERIES 1 we talked about the factors you need to consider before you decide choosing OIC, and meeting the compliance requirements before proceeding. Series 2 we explored on what you…
THE client is 74. Her husband passed away two years ago. Her only source of income is social security of $2,000 a month, which was her husband’s social security. Her…
Q. MY employer brought me o merica o ork as live-in nanny for their youngest child. I would be paid $1,000 per month with weekends off. When we arrived in Los Angeles, my employer…
IF you are not satisfied with the results of your IRS audit, go to Appeals. You have a choice of either ending your misery by paying up or by continuing…
YOU’VE probably seen a lot of these ads: “Settle your debts for pennies on the dollar!”, “Reduce your debts legally without filing bankruptcy!” “Stop bill collectors now and pay them…
BEGINNING January 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….
“So the lesson here is that you should never use your retirement accounts to pay off your debts.” THE clients are seniors. The wife is 67 and had just retired from a lifetime…
You’re entitled to back wages Q: I WORK at a customer service company that deal with private information. To protect our clients’ privacy, we use a lot of technology to…
HOW long do you have to keep tax records? How long can the IRS audit your tax returns? Let’s discuss tips on statute of limitations so you can clean your…
THIS is one thing I hear from people all the time: “If you ask me, I really hate doing this but I feel I have no choice.” Of course, no…
” If you cannot pay your tax liability in full, request for an installment agreement.” IF you cannot pay your tax liability in full, request for an…
Senior loses job, needs chapter 7 debt relief THE clients are 63 and 64. They are young seniors. Up to 65, you are a young senior in my book. You…
A doctor’s note may save your job RUTH Featherstone worked for Southern California Permanente Medical Group. She suffered from a sinus condition that required surgery. After several weeks of disability…
YOU may choose to run your business as a partnership. A Partnership is an association of two or more persons as co-owners who intend to carry on a business for…
WHEN you are facing money troubles, sometimes bankruptcy can be the quickest and best way to get out of debt and get immediate relief from stress and anxiety. But is…
PENALTY could still be relived even if you fail to file your tax returns and pay taxes owed if you have reasonable cause. How to establish reasonable cause • Facts….
ACCUMULATING debt is the easiest thing you can do in America. Even your dog can get credit cards with a fake social security number. If you are an immigrant and…
CESAR Astorga worked as a maintenance supervisor at Snap-On Logistics Co., a power tools manufacturer. In 2002, while working, Cesar’s knees were injured when he fell from a scissor lift….
YOU have seen businesses with “LLC” after their names. That LLC refers to Limited Liability Company which is a hybrid that combines the pass-through attributes of a partnership with the…
JUST a mention of the word “bankruptcy” is enough to scare some people to death. Their minds are immediately filled with horror pictures of creditors taking away their home, business,…
IN series 1 we talked about the factors you need to consider before you decide choosing OIC, and meeting the compliance requirements before proceeding. If your offer is accepted, congratulations!…
IT was the spring of 1965, and in Coachella Valley, California, grape season was starting. Many of the workers in the grape fields were Filipinos, who had just discovered that…
THE client is 60 & his wife is 58. He issued his check to pay rent of $1,200 but the check was dishonored for insufficient funds. The landlord called him…
IF you are experiencing debt problems, you may find it difficult to talk to other people about it to the point that you are not getting the help that you…
