Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
Should I buy a condominium unit in the Philippines? What investment opportunities are there? What brands should I consider if I want to franchise? Is a condo unit a more…
IF you do not agree of the IRS results of examination, your options are: request a meeting or telephone conference. If after the meeting or conference you still do not…
Senior files Chp 7 to discharge $35K credit cards CLIENT is 59 and single. He has a decent job where he makes $4K a month gross. He doesn’t owe any…
Q: I AM a registered nurse in the Philippines but I have not yet obtained a license in California. However, I am working as a ‘private nurse’ to a bed-ridden…
YOU are still upset from losing an IRS audit. You can either pay or fight. If you choose peace and quiet—pay. If you choose to fight—go to appeals. Let me…
ARE your debt problems keeping you up at night? Stressed out and worried about your financial future? According to a recent article written by a doctor, this can affect your…
AFTER an audit of your tax returns by the IRS and you disagree with the determination, you have the option to either accept the assessment and settle the tax you…
Senior files same for $55k credit cards “Do not sign personal guaranties for business loans because you will be on the hook if the business cannot pay the loans. If…
Ninoos Benjamin worked as a Director of Economic Division of the City of Los Angeles’ Community Development Department (CDD). According to several news outlets, Benjamin sued the city claiming retaliation…
After losing an audit to the IRS, you have the option of paying or appealing. Pay if you are happy with the results or don’t want to extend the agony…
IRS problems have a way of ruining all aspects of your life. They can take a toll on you financially, emotionally and physically. When you owe the IRS, you’re always…
The east coast’s biggest Filipino and multicultural indoor expo will revolve around a Total Wellness theme, according to Nanding Mendez, Fiesta In America’s President. Fiesta In America will celebrate its…
Client files chapter 7 for $40K credit cards CLIENTS are seniors. Husband is 72. Wife is 71. Both are retired and receiving combined social security and pension total of $4,015/mo….
THIS column has often stressed the general rule that most employees should be paid overtime rate if they work more than 8 hours per day or 40 hours per week….
AFTER an audit of your tax returns by the IRS, you have a choice of either ending your misery by paying up or by continuing to fight at the Appeals…
IN spite of the negative things that you may have heard about it, bankruptcy relief still remains to be the best option to many individuals who need help in recovering…
1. DON’T be late. Always remember first good impression will get your audit off on the right foot. 2. Don’t walk in without records. Be prepared with complete and organized…
WHEN it comes to Medi-Cal , one of the concepts that our office gets the most questions about is something called Share of Cost. Share of Cost seems simple: it…
Q: MY workplace installed a new time recording system where employees are required to provide our photos and fingerprints to be able to clock in and out for work. I…
NEITHER one, actually. You see, IRS conducts field audits where the books and records of a business are maintained. This, of course, is your home, office, warehouse, factory, or store….
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…
DURING and after the recession, many borrowers who were financially distressed lost their homes and had their loans cancelled. It was a relief to have their debts reduced or forgiven,…
Clinton beats trump to become first woman president of America CLIENT is 50. This is his financial picture: He has been working as a truck driver for a furniture company…
Why non-discriminatory conduct can still be illegal retaliation FOR about 19 years, Maria Montoya worked as a police officer with the Los Angeles Police Department. In November 2011, while on…
• YOU may claim exemptions for yourself, your spouse and your dependents. • Dependents must have a Social Security number (TIN is not good enough). • Exemption amount is $4,000…
ARE you being harassed by your creditors day and night due to unpaid bills? If you are, you know that this is a pretty unpleasant experience. You may feel scared,…
DURING and after the recession, many borrowers who were financially distressed lost their homes and had their loans cancelled. It was a relief to have their debts reduced or forgiven,…
Business owner seeks to discharge $100K credit cards used to buy business; Clinton beats Trump to become first woman president of America CLIENT is 65 and recently widowed. Her husband…
THE government is more lenient to people with low-incomes and assets in the sense that they can get Medicaid (Medi-Cal in California) anytime of the year. That leniency to get…
ON January 1, 2016, the minimum wage in California became $10.00 per hour. Most employees in California are entitled to be paid at least the minimum wage. On April 4,…
