The iBlog

Many married people file their taxes as Head of Household in order to save money, not realizing that there are very strict requirments for such a status.  In order for you to qualify as "considered unmarried" you must meet the following criteria taken directly from the IRS website:

Service in the US military provides a path to citizenship for temporary residents or non-immigrants present in the United States who meet certain criteria, and who are willing to so serve  a period of active duty.  In a recent memo issued July 30, 2015, the US Navy has commenced a pilot program seeking such recruits with special language skills, including Arabic, Korean, Swahili, Farsi, Pashtu, Punjabi and Urdu.

A copy of this memo, which includes the applicaton, is available here .

Question Detail: I would like to sell my business. Would the EB-5 program be a good market for this? Are EB-5 investors interested in buying stand-alone existing businesses? Would regional centers also be interested in buying an existing business for EB-5 purposes?

Question Detail: My friend is a U.S. citizen who owns a thriving business in Texas. He wants to expand the company to an office in Los Angeles. We are thinking this would be a good opportunity for me to invest and apply for EB-5 at the same time. Will a new location of an existing company be eligible for EB-5 investment? What if some of the employees relocate to Los Angeles? Can we count their new jobs towards my EB-5 job requirement?

Question: How can I transfer my business to the United States for EB-5?

DACA (Deferred Action for Childhood Arrivals)  recipients with work authorization can participate in the workforce training programs provided under the Workforce Investment Act (WIA). These programs can include Job Corps, National Farmworkers Job Program, and the Wagner-Peyser Act which helps match workers to jobs and vice-versa. These are great opportunities that will help the economy and help DACA individuals obtain better integration into the US work environment.

DACA, Deferred Action for Child Arrivals, is an immigration classification that defers deportation and enables eligible teens and young adults to obtain work authorization and other benefits.

No, you're NOT . . . probably . . . .!!

The rules are quite strict and one of the most common mistakes immigrants make is to let a "tax professional" persuade them to file as "Head of Household" to receive the lower taxes that often result. BUT to qualify you must meet the criteria which are quite specific and difficult to understand.

Sure, it's important for basketball, too. But before you get too wrapped up in March Madness, realize that March 15 is when your business taxes (or an extension) are due, for corporations both S and other, and you must provide your K's to partners, shareholders etc. so that they can prepare their own tax returns. The main IRS website is www.irs.gov , but business owners and non-tax-professionals are well to use www.tax.gov which provides easy access to useful information that you need.