Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
NYKEYA Kilby worked eight months as a customer service representative for CVS Pharmacy, Inc. (CVS). During the interview and training process, CVS told Kilby it expected her to stand while…
OFTEN when someone is injured at work one expects the employer to “do the right thing” by assisting you with the process, making sure that medical treatment is timely provided…
IF you have not filed your income tax returns by the end of March, chances are you do not expect a refund, your tax records are a mess, or you…
THE last few years have been financially difficult for a lot of people. When the real estate marked crashed a few years ago, millions of people found themselves with a…
(Part 1) MAJORITY is concerned with saving money on their taxes, but ignore planning to avoid estate taxes, which can consume at least 40% of a family’s taxable estate before…
Last week was a relatively tough but gratifying week for my family as we were practically living in a suitcase for 6 nights while traversing Osaka, Manila and Hong kong….
“Never start a business just to make money. Start a business to make a difference”. This quote extracted from an online magazine, successtory.com, best applies to the Chinese business tycoon Wang…
IMAGINE that you lived 2016 years ago in Jerusalem and that you were one of the new converts of Jesus Christ. You’re a 50-year old man or woman who was…
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….
MOST of us take medical expenses for granted because we have to spend more than 10% of our gross income before we can deduct medical expenses. However, changes in health…
ARE you overwhelmed with debt problems that seem insurmountable? Are you starting to feel hopeless about your financial future and thinking you’ll never get ahead? You may be at a…
WE’VE all been through it, right? Can you remember when your baby teeth were falling out? Did one of your parents yank them out for you? Or, were you one…
THERE are two important aspects that should be taken into consideration in your estate planning: 1. Asset reduction which reduces your estate and the amount of estate taxes that must…
I HAVE two chapter 7 cases right now where the trustees are aggressively pursuing debtor houses. Trustees are tasked with the responsibility of getting whatever non-exempt asset they can get…
Supreme Court upholds pay for employees’ work despite lack of records IN some industries, employees perform work-related activities before they clock in. Some do it after they clock out. These are…
FOR those of you who itemize, the table below should be of interest. For those of you who play the odds (you know what I mean), this table should be…
BEING in debt can be pretty depressing. I understand how you feel. When you’re drowning in debt, you may feel that your situation is hopeful and you have no motivation…
Creditor puts lien on client’s house for $16K identity theft credit card TWO clients with issues relating to known and unknown persons who used their names and social security information…
“ A single taxpayer is only required to file if the overall value of his specified foreign financial assets is more than $200,000 on the last day of the tax…
Client seeks chapter 13 again for default on residence WHO said that, first is chance, twice is coincidence and third is habit? I have two new clients who are actually previous…
MELISSA Fong and other hair stylists worked for Regis Corporation, which operates several hair salons all over California. During their employment, the stylists were paid on a “commission” or piece-rate…
• YOU may deduct donations to qualified organizations. Qualified organizations have tax-exempt status from the IRS. These include corporations or foundations organized in the U.S. for religious, charitable, educational, scientific,…
“ In some cases you may also be called to appear in court for something called a “debtor’s examination”, in which case, a bench warrant for your arrest may be…
COULD the secret to perpetual youth be found in your smile (wink, wink)? Well, that’s probably a bit of an exaggeration! But as you know, here at our practice, we…
SHOULD you report the accounts to the U.S. government if you have offshore bank accounts? Yes, if at any time during the year the aggregate balances exceed $10,000. What if…
Client seeks chapter 7 discharge for $30K credit cards Senior seeks chapter 13 protection for fully paid house CLIENT is a young senior in his early 60’s who took an early…
(Part 2) S. YUSUF is an Indonesian native who was brought to work as a housekeeper for Tija and Tija’s wife, Choi, in the United States. The Tijas promised to…
YES, of course. Direct deposit is the fastest and safest way to receive your tax refund. Here are reasons why you should use direct deposit of your refund: 1. Speed:…
ARE you having problems paying your debts? Are creditors calling you day and night threatening you with a wage garnishment, repossession or foreclosure? Are you starting to feel hopeless and…
DURING medieval times, people believed they could cure a toothache by driving a nail into an oak tree. Silly, right? Today’s misconceptions are different There are still some crazy ideas…
