New tax treatment of alimony

THE Tax Cuts and Jobs Act (TCJA) made changes to the tax treatment of divorces and legal separations in 2019 and beyond. Current rules: Under current rules, an individual who pays alimony can deduct alimony or separate maintenance payments. On the other hand, your beloved ex-spouse must have to report and pay tax on alimony…

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Do I need a premarital agreement before getting married?

“ Under both the Uniform Premarital Agreement Act and prior law, the spouse claiming the agreement is invalid or not enforceable bears the burden of proof on that allegation.” IN the absence of a premarital agreement, the general community property presumption under California family code section 760 controls which provides “ ….all property, real or…

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Lady Gaga: Reinvention becomes her

SHE’S known for her hit songs and her eccentric fashion statement. She is the Lady that we all go gaga for. She has made a name for herself and she is very far from over. And after stealing the spotlight with her role as The Countess/Elizabeth on “American Horror Story,” she surprised us again with…

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PH breaks tourism record in 2018 with 7.1-M arrivals

THE six-month closure of the world-famous Boracay island and negative international news did not stop foreign visitors from coming to the Philippines, as the country reached an all-time high of tourist arrivals in 2018, the Department of Tourism (DOT) announced this week. The Philippines saw 7,127,168 foreign tourist arrivals last year, which was 7.65 percent…

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PH DFA reminds Filipinos to abide by immigration rules

Following temporary US ban on Filipino workers THE Philippine Department of Foreign Affairs (DFA) is reminding Filipinos abroad to follow immigration rules after the United States imposed a temporary one-year ban on new Filipino migrant workers. The department said that Filipinos living abroad — especially those in the U.S. — must “follow immigration rules and…

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Three TCK Students Out to Make a Mark in the Business World

An Indonesian philosophy student, a Japanese business finance student, and a Filipino biochemistry student decide to form a team. What do the three have in common? A penchant for business and a determination to win the P&G CEO Challenge of 2019. Philosophy major Melissa Sugeng and biochemistry major Trixie Gomez were two regular friends attending…

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Will there be an amnesty?

THERE are over 11 million undocumented aliens living in the U.S.  There are caravans of thousands of people coming up from Central America, planning to apply for asylum.  If they can make it into the United States, probably tens of thousands of others will follow. A question constantly on the minds of people living in…

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PH may appeal US ban on Filipino workers

Following an announcement by the U.S. last week that imposed a one-year ban on new Filipino migrant workers starting this year, the Philippines said that it may ask the U.S. to reconsider the decision if it finds that there is no basis for the ban. The U.S. Department of Homeland Security (DHS) released a notification…

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Pacquiao ‘fine’ despite eye injury after win vs. Broner

MANNY Pacquiao’s camp on Monday, January 21, assured the public that the veteran boxer “is fine” after acquiring a reported career-threatening eye injury following his win against Adrien Broner on Saturday, January 19. The Filipino boxer’s team told the New York Daily News that they were alarmed when the 40-year-old boxer complained of pain and…

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