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Converting a traditional IRA to a Roth IRA can offer greater flexibility in retirement. And, beginning this year, more taxpayers are eligible to make this conversion. However, there are both potential benefits and drawbacks to this step. As you review you...
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In the current economy, it's safe to say that many small businesses might have chalked up a net operating loss (NOL) during the last year or two. If that's the case, the California Society of CPAs (www.calcpa.org) advises that there is one potential tax d...
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N EW YORK, April 8, 2010 – The NAACP announced today that it is ending its lawsuit against Wells Fargo Bank, N.A. Since 2007, the NAACP has filed lawsuits against more than a dozen of the largest financial institutions alleging violations of the Fai...
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(NNPA) - When Jaime Escalante died of cancer on March 30, we lost a pioneering teacher who changed people's ideas of what children are capable of learning. Many people know about Escalante's work from the popular movie "Stand and Deliver," which depicted ...
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Solicitor General Elena Kagan, said to be President Obama's leading choice to replace Supreme Court Justice John Paul Stevens, would be a poor appointment and would be unlikely to mirror Stevens' progressive voting record.
Kagan, former dean of the Harva...
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Journal publisher, Joe C. Hopkins, appeared at the Pasadena City Council meeting on Monday night, April 12, before the city council to present the case against trusting decisions made by Pasadena city manager, Michael Beck.
Hopkins briefly discussed reas...
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Southland homeowners who lost their homes to foreclosure may soon get a break on their taxes under legislation co-authored by Assemblymember Anthony Portantino (D-La Cañada Flintridge) and passed today by the Assembly. SB 401 (Wolk) will exempt Califor...
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Today, Congresswoman Barbara Lee (D-CA), Chairwoman of the Congressional Black Caucus (CBC) released the following statement on the retirement of Justice John Paul Stevens from the United States Supreme Court:
"Justice Stevens is a top-notch jurist who c...
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The Franchise Tax Board (FTB) today updated its list of California's 250 largest unpaid state income tax delinquencies.
State law requires FTB to post an annual list of the 250 largest state income tax debtors who owe more than $100,000. Earlier this yea...
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If you believe the PUSD must right-size infrastructure and staff and clean up corruption on the Board of Education and the inside deals over poverty funds before taxing local homeowners a second time within an 18-month period, YOU MUST VOTE "NO" BY MAY 4t...
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INTRODUCTION
We introduce the 2010 State of Black Pasadena Report with the same preamble as the 2009 report except to add Fannie Lou Hammer's famous line that we are "sick and tired of being sick and tired" of the same old treatment that guarantees Blac...
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Dr. Rosie Milligan to Keynote, Dr. Pamela Powell to M.C.
The Journal's 2010 Women of Achievement Breakfast promises to be an exciting event. In addition to honoring this year's women of achievement, the event will recognize past Women of Achievement.
D...
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Last Monday my tiny brain went into Sensory Overload. There were more things going on, then it could handle, so it just stopped doing anything. It was trying to deal with the Tiger Woods Press Conference, the Duke-Butler Championship Game, and the Season ...
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Pastors and church leaders sometimes forget that the church belongs to the people. Yes, they lead and we submit to their leadership, however, they serve the people at the pleasure of God and at the pleasure of the people, because if the people leave, ther...
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Grace McFarland, resident of the assisted-living community, Regency Park Astoria, celebrated her 100th birthday with family, friends, and staff last month.
Born and raised in the small town of Boonville, Indiana, Ms. McFarland recalls being the only Afri...
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in the 29th Congressional District
Washington, D.C. – On Saturday at a reception in Pasadena, Representative Adam Schiff honored Juanita West Tillman for her commitment and service to Altadena by naming her a "Woman of the Year."
"For more than 25 ye...
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In the 2007 text, God and Government in the Ghetto: The Politics of Church-State Collaboration in Black America (University of Chicago Press), Emory University political science professor, Michael Leo Owens, examines the relationship and engagement betwee...
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Starting a business requires more than a good idea and capital to be successful. Many entrepreneurs have passion, drive and determination but lack critical business resources, core competency skills or market know-how needed to grow their businesses. One ...
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For a small business owner, the decision to start a small business can seem as momentous as their wedding day or the birth of their first child (maybe a little less significant if you've had the good fortune of not having turbulence that a small business ...