Asian Journal- The Filipino-American Community Newspaper

Monday
Feb 06th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home Consumer Evangeline Giron

Evangeline Giron

Should you or should you not co-sign for a relative or friend?

CONSIDERING our close relationship ties, it is most likely that at least once in your life you’d be asked to co-sign for a loan for a family or a friend- whether it’s for a vehicle, a mortgage, credit card, or a student loan.

While it may be tempting to help someone in “dire” need, you have to think twice before signing that loan agreement. Helping a friend or relative by co-signing a loan isn’t always a good idea.

Read more...
 

2012 tax season starts January 17, ends April 17

INCOME taxes. For the lower income earner, it is a welcome relief as the government bestows tax credits and benefits. But for the medium to higher income earner, it’s usually dreadful experience as the idea of paying taxes creeps through their pockets and senses.  Whether we like it or not, we have to file our annual income tax returns or we face the chance of going to jail or having unclaimed refunds at our fingertips.

Read more...

IRS warns public of tax preparer fraud

MORE and more taxpayers have been receiving it from the IRS….. the audit letter asking to substantiate tax deductible expenses claimed in a prior tax year. In fact, some taxpayers have been or will be receiving it for two to five consecutive years once their credibility with the IRS has been tarnished.

There have been few cases of preparer profiling, meaning the IRS audits all returns prepared by a return preparer who has consistently demonstrated suspicious activities in what the IRS calls “return preparer fraud.” However, in these situations, the taxpayers, not the preparer, are ultimately held responsible for their individual returns.

Read more...

Using caution with student loans

(3 votes, average: 4.67 out of 5)

GOING to college is a good thing as it can open greater opportunities for employment and has the potential to transform someone to higher level of success. There are various ways to finance a college education, one of which, and maybe the most popular means, is by obtaining student loans.

It might seem overwhelming as you get presented with large amounts of money easily available to you when you are entering college. Loans are available through government programs, either subsidized or unsubsidized, and through private organizations.

Read more...

Tax cuts program extended

(2 votes, average: 4.50 out of 5)

THE Bush-Era Tax Cuts was set to expire on December 31, 2011 and one of those that would have been greatly impacted is the Child Tax Credit (CTC), one of the most popular tax credits for families and children.

Had the Obama administration not extended the Bush-Era Tax cuts for another year, the CTC would have reverted back to its original amount of a maximum of $500 per child prior to the program implementation ten years ago. But with the extension, families meeting the eligibility requirement can still enjoy the benefit of $1,000 per child for their 2011 tax returns. 

Read more...
  • «
  •  Start 
  •  Prev 
  •  1 
  •  2 
  •  3 
  •  4 
  •  5 
  •  6 
  •  7 
  •  8 
  •  9 
  •  10 
  •  Next 
  •  End 
  • »
Page 1 of 30

La Beez Hive for Hyperlocal Ethnic News

Find us on Facebook!Follow us on Twitter!
Claiming the Earned Income Tax Credit (EITC)
THE forthcoming income tax season promises several tax credit changes due to the American Recovery and Reinvestment Act of 2009 (ARRA) that will...
New regulations to stop illegal cancellations of health insurance
THE California Department of Insurance (CDI) has published a new set of regulations governing the rescission of individual health insurance policies....
What your facial features reveal
TO finish up our series on feng shui for the face, I will focus on a few of the main facial features and some of the attributes we pay attention to...
Drugs affect your dental health and your dental treatment
You may not have considered the impact prescription medications and even over-the-counter drugs can have on your oral health, and on the dental...
2011 Global Forecasts: East and southeast regions
(Part 3 of 5)COME the Chinese Lunar New Year on February 3, 2011, the stars and planets take on new positions and acquire a different ability to...
Why wait for your debt problems to get worse?
If you are like most people who are painfully struggling with debt problems, your mind may be filled with a lot of unanswered questions. Where can I...
Financial recovery can begin after bankruptcy
ARE you having problems paying your debts? Are creditors calling you day and night threatening you with a wage garnishment, repossession or...
How wage and hour class actions benefit employees
THERE are valid overtime or meal break claims that are too small to require a lawsuit. If they are litigated, the litigation may cost too much and...
IRS processing delay for 50 million taxpayers
WHILE the 2011 tax season kicked off last January 14th, a huge portion of American taxpayers, estimated at around 50 million (accounts to about...
Preventing car-related injuries to our children (Awareness can help avoid these serious accidents)
ACCORDING to the National Center for Statistics and Analysis (NCSA), nearly 250,000 children are injured every year in car crashes on the roads. Of...
Be alert to the dangers of drowsy driving
DRIVING while drowsy is an unnecessary risk you shouldn’t take. Sleep deprivation has become widespread in North America as people try to squeeze...
Are you sinking under a heavy debt load?
TOUGH financial times are pushing strapped consumers over the edge. Delinquencies and balances on delinquent credit cards are on the rise with no...
Employees should not be discouraged from filing legitimate wage claims
MANY employees who have valid claims for unpaid wages, overtime, and missed meal/rest breaks hesitate to assert their rights. One of the main reasons...
Why it is critical to fund a Living Trust
THE fact that a lot of existing Living Trusts are not properly funded is a scare to behold. Once your Living Trust was drafted and finalized, you...
Choosing the Right Fire Extinguisher For Your Home
BASED on your home size, and the number of potential fire hazards, you should consider having one or more working extinguishers.You should also...
Bankruptcy, loan modification or both?
As the mortgage crisis continues unabated, more and more people facing foreclosure are also being forced into bankruptcy. It appears that a lot of...
Is a two-rate system of paying nurses and health care personnel legal?
Q : I work as a nurse in a hospital. I work 4 days a week. Twice a week I work 12 hours per shift and the rest of the days I work 8 hours per shift...