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Diaryo Filipino October 2016

Page 10

10

OCTOBER 16 - NOVEMBER 15, 2016

Sports

The Filipino Canadian Newspaper of Choice in Alberta and Saskatchewan

diaryofilipino.com

LEGAL CORNER

FCBL Briones Cup Opens 4th Season

Mediators do not take sides or try to get the parties to continue in the marriage. Mediators help you to identify the issues and find a solution-this can be custody, child support, division of assets.

Situation:

I’m so frustrated! I did not think my divorce would take this long and cost so much. Practical Solution: Mediation is a process which allows the parties to make their own decisions. The parties to a family law dispute meet with a trained neutral third party (the mediator) who assists the parties to negotiate their own agreement.

Jenrich- best uniform

Remember, you may not always get what you want but is it not better to be part of the process? You do not have to like your ex to have a successful mediation session. Mediation is becoming a more peaceful and accepted solution in order to end conflict. Cost While a mediator may charge a fee, the mediation process generally takes much less time than moving a case through standard legal channels. While a case in the hands of a lawyer or a court may take months or years to

resolve, mediation usually achieves a resolution in a matter of hours. Taking less time means expending less money on hourly fees and costs. Why spend all your money on court processes and paying different lawyers when you can resolve your issues using mediation. Mediation – less expensive, quicker and less stressful Are you living in Calgary and your spouse is overseas - contact us to find out how you can divorce your spouse if you have been living in Alberta for at least one year? Visit www.irmalaw.com for more information or call/text 1-403-615-8923

FINANCIAL CORNER

Bernie Madamesila CPA / CGA

Financial Opportunities are Endless with a Good Accountant

Foggy Gorilla Best Muse

There is no doubt that Filipinos are one of the hardest working groups in this city. Making sure that each dollar is spent on the family, may it be here or back home is important to every Filipino’s budget. It used to be a common approach to handle one’s own taxes and financial planning. However, these days, Filipinos are finding more and more value in having a reliable accountant. Many contract Face of the game- Rayda Solis

Cheryl Posadas-Guinsatao EDITOR IN-CHIEF

Filipino Community Basketball League (FCBL), Calgary’s largest and most organize basketball tournament, opens its 4th Season last October 2. The opening ceremony started with the Players Oath led by Jerome Makasiar (last season MVP). Awards were also given to Jenrich for Best Uniform receiving $300 prize, Foggy Gorilla for Best Muse thru Khristel Dela Cuesta and Alyanna Sta. Maria receiving $200 prize and Rayda Solis received $50 prize for Face of the Game. About 13 teams participated in the 4th Season that

Last Season MVP Jerome Makasiar

will estimated to end on April 23,2017. The participating teams were Fresh, Jenrich Cargo, Foggy Gorilla, Onward Immigration, Cardel, Jean Diestro- Hellcats, YYC SW, Batangas Blades, Clean Pro, MJ BBQ, Friday Boyz2, PASOC, and Huskies. The Opening Game results were; Game 1: Foggy Gorilla (67 points) vs Fresh (64 points); Game 2: PASOC (95 points) vs Friday Boyz (90 points) and Game 3: MJ BBQ (59 points) vs Huskies (54 points). All teams will be competing for the following prizes; $2000 and the Briones Cup Championship trophy, $1000 and the 1st runner up trophy, $500 and the 2nd runner up trophy, $300 and Season’s MVP trophy, $200 and

Finals MVP as well as the Best Coach trophy. The continuity of the FCBL tournament became possible thru Alex Briones as its main sponsor. Along with the secondary sponsors Pholippine Financial Services (Fast Cash Loan), Melrose Perez of Scotiabank Mortgage Specialist, Crus Massage and Spa (Filipino Massage), Melvin Tolentino of Royal LePage Benchmark, and Roc’s Grill Filipino Restaurant. The smooth game operation was also possible due to the FCBL members committee’s dedication namely Zaldy Parales (commissioner), Abe Damian, Mel Lopez, Marco Alcantara, Arnold Lim, and committee adviser Alex Briones.

workers from Calgary to Red Deer have relied on mobile tax services. Ensuring that taxes are filed properly means maximum return on every hard earned dollar. Yearly tax changes have introduced benefits and deductions. Many accountants spend countless hours learning and finding ways to maximize returns specifically for small businesses and contract workers. This is a specialization that is hard to find. In addition to personal taxes, small businesses are also utilizing accounting services to their advantage. With the recent economic downturn, many Filipinos have turned into small business. From one-man cleaning operations to busy Filipino stores, having the proper partnership can provide a steady growth. One of the biggest deterrents that immediately come to mind is cost. This is understandable as many offer costly prom-

ises with what essentially becomes an empty return. Finding the right accountant can be very tricky but once found, it can be very fruitful. For instance, upon interview, one may find some few secrets like: Many things can qualify and be deducted under employment expenses on line 229 such as travel, parking, supplies, workspace in home etc. Annual Union, professional or similar dues can be deducted on tax returns Certain tutoring services and medical expenses can be claimed on tax returns When finding an accountant, do your due diligence and see what they specialize in. When you find the right one, build that relationship and use the Canadian Tax System to ensure that all your hard earned cash is allocated accordingly. Visit www.benchmarktaxservices.com for more information or call/text 1-403-869-1997


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