THE TAX CONSEQUENCES OF A BUSINESS AT HOME

If portion of a house is used as a work space, could the expenses incurred in the maintenance and upkeep of that portion be deductible from the business income generated? There are tax consequences in using one’s home or a portion of it for business. One of these relates to deductions that may be made from the income… Read More »

A fashion Illiterate views a Fashion Show

I love to travel. For many years, I spent my savings in joining tours to different parts of the world. There is nothing like travel for education and socialization. Every new place I visited gave me a different perspective of the wonders of nature and the varied cultures of people. I made very pleasant acquaintances and friendships with… Read More »

Misplaced bravado?

While I commend President Noynoy Aquino for standing up for the country in protesting the travel advisories issued by seven nations against the Philippines, I must also agree with the advice of Senators Loren Legarda and Tito Sotto to take seriously the warnings against terror threats. These seven countries, six of which aired serious concerns about the threat… Read More »

The trouble with hope

“The trouble with hello is goodbye,” thus says the song of the same title popularized by Shirley Bassey and Sergio Mendez in the mid-70s. I remembered this beautiful song as I pondered on the eve of the mid-term election in the US, thinking how a campaign for change that raised the hopes of millions of Americans has turned… Read More »

Purchase of subdivision house and lot

Q. We are new comers here in Canada. Before we left home two (2) years ago, we purchased a house & lot in one of the subdivisions in our town of Angono, Rizal which is supposed to be built & turned-over this coming December 2010. However, the way things are going on, we don’t think this is possible… Read More »

Time to hang up gloves?

It’s becoming obvious that Manny Pacquiao’s mind is no longer focused on the ring. His trainer, Freddie Roach, who sees the Filipino boxing icon up close and who has become like a father to him since he took him and turned him into the world’s greatest boxer, has been saying this since the start of Pacquiao’s training for… Read More »

GLORY BE TO THE DEAD

One of the businesses many would refuse to undertake during early time is funeral service. Call it part of culture but only a handful wants to talk about the dead, coffins or cemeteries. Of course, there are some families associated with funeral business that have become legendary, like Ford being synonymous with cars, or Smith & Wesson with… Read More »

LOTTO NUMBERS FROM THE GRAVE

Spirits always help to alleviate life on earth. But remember, wealth alone will never bring permanent fulfilment in life; it is on how you will affect others’ life as well, through your wealth and affection. AVV1110 The jackpot price of 6/55 Philippine lotto may reach 400 million as of press time. This is the true reality, this is… Read More »