Alternative minimum tax changes (AMT)

THERE are two types of income tax – regular tax that you are familiar with, and an Alternative Minimum Tax (AMT) that you may not have encountered. If you had experienced a bout with AMT, you’d not forget it. It hurts like a Pacquiao punch to your gut. What exactly is AMT? AMT is a…

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The fascination with the Bible

“It ain’t those parts of the Bible that  I can’t understand that bothers me; it is that part I do understand.” – Mark Twain IT is the time I prepare myself for worship on Sunday, by reading beautiful and poetic stories from the Bible. Our knowledge of the Bible was limited to memorizing the Beatitudes,…

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Traveling outside the US as a lawful permanent resident 

IN this week’s column, we will address immigration issues that may come up for lawful permanent residents (green card holders) who travel outside of the United States.  Lawful permanent residents can travel outside the United States for temporary or brief travel purposes, and the departures typically should not affect the permanent resident status, assuming there…

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Where are the patriots?

One of the most touching chapters in “El Filibusterismo,” Jose Rizal’s sequel to the “Noli Me Tangere,” was when Padre Florentino asked plaintively, “Where are the youth who will consecrate their golden hours, their illusions, and their enthusiasm to the welfare of their native land? Where are the youth who will generously pour out their blood to wash…

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Just say no: Legal advice from the internet

“MY brother’s neighbor’s girlfriend’s uncle had the same exact case and it got approved and they did not use an attorney.” I’ve heard this many times to have developed a well-curated response: Nothing. A person who has set out to hear only what s/he wants to hear can hear nothing else but what s/he wants…

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Are pain pills safe?

BILLIONS of people around the world use painkillers, and some of them like water, because they are readily available over the counter and mostly inexpensive. There is a survey that showed 1 in 20 people take as many as 6 tablets of painkillers for pain or headache. Some even consume more than 365 pain pills…

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State department reports many Filipino family-based visas go unclaimed, resulting in the case being shred and priority date lost

RECENTLY, officials from the U.S. State Department discussed the monthly Visa Bulletin and the movement of priority dates.  (A priority date is a person’s “place in line” for an immigrant visa, and is typically based on the date the petition was filed.  The monthly Visa Bulletin reports which priority dates are now eligible to be…

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Duterte to journalists: You attack to get paid

President Rodrigo Duterte on Saturday, April 13, claimed some journalists are being paid to produce “false reports” to serve their “clients” while he dismissed reports about the increase of his wealth while in public service. “They accept (payment) from clients to (write) political attacks. AC/DC (attack and collect, defend and collect). You attack to get…

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Comelec warns overseas voters: Beware of fake news

As the overseas absentee voting (OAV) program commenced on Saturday, April 13, the Commission on Elections (COMELEC) eyed the possibility of fake news proliferation as observed in the previous elections. COMELEC spokesperson James Jimenez assured the public that the commission is on the alert for those who plan to spread false information as a propaganda…

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DOT gears up for tourist influx in Regional Destinations during Holy Week

The Department of Tourism (DOT), through its regional offices, has coordinated with various local government units and other concerned government agencies to ensure that tourist destinations are equipped to handle the influx of tourists and pilgrims this Holy Week.  As part of the preparations, all DOT regional offices have communicated with the government agencies to…

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Store manager needs bankruptcy relief

CLIENT no. 1 is 50 years old and is the manager of a big retail store. He’s been working there for 30 years. His spouse got into an accident and is now on disability. He owns a house with $200,000 of equity. He has, believe it or not, 11 children from age 2 to 18….

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2018 Tax changes that affect divorcing couples

THE Tax Cuts and Jobs Act, which was recently enacted into law, impact various issues in a divorce case.  These changes are effective beginning 2018 through 2025. Spousal Support.  Spousal Support will no longer be deductible by the paying spouse and will not be taxable income to the supported spouse for post 2017 divorce judgments…

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The bucket list: Ask for help

15th of a series “Don’t be shy about asking for help. It doesn’t mean you’re weak, it only means you’re wise.”  — Anonymous WE live in the Age of Information. You could say it is both a blessing and a curse to live during what could very well be “the best of times, the worst of…

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