h1techSlave
04-12 03:41 PM
Sole Proprietorship: Simplest form; but riskiest. Is you individually doing business under either your name or a trade name. Very little paperwork is required. Taxes are reported on your personal return. Profits are loss comes out of your own pocket.
You will face unlimited personal liability and creditors can often go after personal assets. You may be ineligible for tax-free fringe benefits that are available to more formal businesses.
Partnership: General partnership � Creditors can collect from all partners� assets as well from business assets.
Limited partnership � partners who do not directly participate in the business can limit their risk.
Corporation: For large businesses. Creditors cannot collect from the personal assets of owners (share holders). Complex legal paperwork is needed.
Taxed on income before profits are distributed.
S corporation � pass thru taxation like they are partnerships. Limits on non-citizen share holders.
C corporation � pay tax at both corporate and shareholder level.
Limited liability company (LLC): A partnership in the eyes of IRS � profits are taxed only once in the member�s personal returns. It shields members� personal assets from business creditors.
When forming an LLC, you are required to file a limited liability company certificate with the Secretary of State and an internal organization agreement (Operating Agreement).
Limited liability company - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Limited_liability_company)
You will face unlimited personal liability and creditors can often go after personal assets. You may be ineligible for tax-free fringe benefits that are available to more formal businesses.
Partnership: General partnership � Creditors can collect from all partners� assets as well from business assets.
Limited partnership � partners who do not directly participate in the business can limit their risk.
Corporation: For large businesses. Creditors cannot collect from the personal assets of owners (share holders). Complex legal paperwork is needed.
Taxed on income before profits are distributed.
S corporation � pass thru taxation like they are partnerships. Limits on non-citizen share holders.
C corporation � pay tax at both corporate and shareholder level.
Limited liability company (LLC): A partnership in the eyes of IRS � profits are taxed only once in the member�s personal returns. It shields members� personal assets from business creditors.
When forming an LLC, you are required to file a limited liability company certificate with the Secretary of State and an internal organization agreement (Operating Agreement).
Limited liability company - Wikipedia, the free encyclopedia (http://en.wikipedia.org/wiki/Limited_liability_company)
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she81
08-13 04:48 PM
I am exactly in the same situation. Sometimes I feel that I should just dump the EB3 application (PD: 12/04) and start a brand new EB2. Maybe the EB2 PD of say 12/08 will end up to be better than EB3 12/04.
I believe everyone is thinking in the same direction... but if and only if we're able to come out of the blackhole called I-140.
I believe everyone is thinking in the same direction... but if and only if we're able to come out of the blackhole called I-140.
manderson
01-03 03:52 PM
I thought the Background check and AP are independent of each other. Perhaps one of the gurus can confirm this.
Now I am worried too... man the surprises never end!
Does anybody know whether USCIS do background checking on AP application or not ? It seems for my case they are doing as the IO told me.
Now I am worried too... man the surprises never end!
Does anybody know whether USCIS do background checking on AP application or not ? It seems for my case they are doing as the IO told me.
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Mouns
04-30 03:37 PM
And the situation prior to surge wasnt any better either. I remember in 2006, the PD for India EB3 was April 2001 and now its Nov 2001. :mad:
This was directed to people who were current. If you are from India, China, Mexico, Philippines, get used to waiting. Your backlog is due to numerical limits. And this won't change (the way I see it)
This was directed to people who were current. If you are from India, China, Mexico, Philippines, get used to waiting. Your backlog is due to numerical limits. And this won't change (the way I see it)
more...
diptam
07-06 01:07 PM
Badluck,
Expensive or cheap - Please name him and the contact details.
May be we want to set up a small appointment with him - who knows, Thousands of possibilities.
Why aren't you giving the name & contact details ????
Thanks dude
Thats what he is saying.. he is an expensive lawyer...
and about crap---who the hell are you to decide... if you dont like then just ignore the post...
Expensive or cheap - Please name him and the contact details.
May be we want to set up a small appointment with him - who knows, Thousands of possibilities.
Why aren't you giving the name & contact details ????
Thanks dude
Thats what he is saying.. he is an expensive lawyer...
and about crap---who the hell are you to decide... if you dont like then just ignore the post...
manderson
09-18 09:58 PM
thanks for answering.
i am not married. i have explored the possibility of doing this with friend(s) but decided that would like to do this independently. so i guess i have to figure out this owner/employee dual role problem.
any experience on this?
Easy way out... if you are married then your spouse could be the president (owner) and you could be a SW dev or whast so ever it states in 140/ labor.
you need a bank account for your company, you could run your payroll by buying quicken business and issue check for you as employee... Mind your business is separate from you employment... that you cannot take all the earning as salary, some as salary, some as profits is possible
i am not married. i have explored the possibility of doing this with friend(s) but decided that would like to do this independently. so i guess i have to figure out this owner/employee dual role problem.
any experience on this?
Easy way out... if you are married then your spouse could be the president (owner) and you could be a SW dev or whast so ever it states in 140/ labor.
you need a bank account for your company, you could run your payroll by buying quicken business and issue check for you as employee... Mind your business is separate from you employment... that you cannot take all the earning as salary, some as salary, some as profits is possible
more...
jonty_11
07-23 03:30 PM
one of those who got labor approved fast from BEC...and slipped thru quickly....yes, I mean quickly even though it took 2.5 years
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glen
07-05 01:19 PM
Wrote emails to FL senators. I will call them now.
more...
asanghi
09-12 07:30 PM
How do I place the google order? This is going to be my first contribution..
Click on "Contribute Now" on very top of the page.
Scroll down until you see blue colored "Buy Now" buttons.
Click on the blue button for amount you want to contribute.
Follow directions thereon.
Click on "Contribute Now" on very top of the page.
Scroll down until you see blue colored "Buy Now" buttons.
Click on the blue button for amount you want to contribute.
Follow directions thereon.
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karan2004m
01-05 08:39 PM
ya just because u need green card, you agree with professor sahib. once u get ur green card u will also talk bad about india and indian workers.. i think gone r days when it was a cheap labor.. do u think our education systems/colleges IIT's/REC's are crap.
just because he favored GC applicant you should not agree..he straightway projected india as third world nation in eductaion, resource quality etc ..
I totally totally agree with Professor Sahib! I wish the government listens to him. What he is saying is good for everyone. As Indians we want America to succeed and prosper and we want to be a big part of the reason they prosper.
Please see this and give it a good review -- http://www.youtube.com/watch?v=bvqqYDmLgjY
Gayatri
just because he favored GC applicant you should not agree..he straightway projected india as third world nation in eductaion, resource quality etc ..
I totally totally agree with Professor Sahib! I wish the government listens to him. What he is saying is good for everyone. As Indians we want America to succeed and prosper and we want to be a big part of the reason they prosper.
Please see this and give it a good review -- http://www.youtube.com/watch?v=bvqqYDmLgjY
Gayatri
more...
gaz
09-12 12:10 PM
three different ways of doing this
1) use a provider - http://www.balloonsbymail.com/
2) leave it to an act of God - http://en.wikipedia.org/wiki/Balloon_mail
3) hold a balloon protest (eg. http://washingtonsquarepark.wordpress.com/2008/03/14/report-back-from-washington-sq-park-balloon-protest-313/)
4) others?
Thats is also not a bad Idea. But how the logistic will work. i,e how we will inflate and deliver those balloons
1) use a provider - http://www.balloonsbymail.com/
2) leave it to an act of God - http://en.wikipedia.org/wiki/Balloon_mail
3) hold a balloon protest (eg. http://washingtonsquarepark.wordpress.com/2008/03/14/report-back-from-washington-sq-park-balloon-protest-313/)
4) others?
Thats is also not a bad Idea. But how the logistic will work. i,e how we will inflate and deliver those balloons
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ImmiLosers
12-23 06:38 PM
I have recently contacted CIS Ombudsman (3-4 Months ago) regarding my I-485 application.
My lawyer is perpetually suggesting it may jeopardize the case.
Is it true? and Why?
My lawyer is perpetually suggesting it may jeopardize the case.
Is it true? and Why?
more...
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InTheMoment
07-18 02:07 PM
Adjudication means the process of an adjudicator going thro' your file to see whether you are eligible for adjustment!
Here pre-adjudication means irrespective whether the PD is current or not or availabilty of visa numbers the adjudication process continues.
In other words even though visa numbers are "U" till October they would not simply warm their seats but do something !
See http://www.imminfo.com/resources/cissop.html
Here pre-adjudication means irrespective whether the PD is current or not or availabilty of visa numbers the adjudication process continues.
In other words even though visa numbers are "U" till October they would not simply warm their seats but do something !
See http://www.imminfo.com/resources/cissop.html
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Abhinaym
09-10 11:18 AM
I think these guys are just playing with our minds. They know how many applications are pending. At least they have a estimate and idea.
Now they will sit on these pending applications until the end of year and then suddenly move dates 2-3 years ahead and approve some GCs. Few will be happy and most of us will be disappointed.
Just curious, is it possible they have some reasoning to push applications to the end of the year? it'll be interesting to think of what could be the reason...
Now they will sit on these pending applications until the end of year and then suddenly move dates 2-3 years ahead and approve some GCs. Few will be happy and most of us will be disappointed.
Just curious, is it possible they have some reasoning to push applications to the end of the year? it'll be interesting to think of what could be the reason...
more...
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ganguteli
03-12 06:19 PM
This is nothing but a typical desi mentality coming out from all of us. We all want to get everything for free or at a discount. Each dollar is saved to be transferred to India or to buy larger flat screen TV than our friends at home. :)
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goel_ar
02-18 03:35 PM
pardon my ignorance. But since you already applied for 485, it means you will get GC in april 2009(if pd becomes dec 2005) ?
I agree. Mine is December 15, 2005.
I agree. Mine is December 15, 2005.
more...
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guy03062
09-11 04:32 PM
This is really frustrating...moving EB2-I cut-off dates to Aug 2006, approving large number of 2006 PD cases and leaving 2003 - 2005 cases aside.
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ak_2006
06-10 02:11 PM
That is the victory due to our admin fixes campaign. Your thousands of letters are working here.
We had received good feedback in our meetings with the administration.
The whole process of making final announcements is just too slow!!
We recently had another meeting to discuss one more admin fix item that has not been addressed yet and was part of our letters. Let us hope some decision comes out soon enough.
Thanks IV...thanks a lot.
We had received good feedback in our meetings with the administration.
The whole process of making final announcements is just too slow!!
We recently had another meeting to discuss one more admin fix item that has not been addressed yet and was part of our letters. Let us hope some decision comes out soon enough.
Thanks IV...thanks a lot.
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vk_vkumar
07-15 03:14 PM
The following memo from DOS to CIS says it all:
July 2, 2007
TO : CIS Section 245 ADJUDICATIONS
FROM : Immigrant Visa Control
SUBJECT : Authorizations for Employment CASES
Effective Monday July 2, 2007 there will be no further authorizations in response to requests for Employment-based preference cases. All numbers available to these categories under the FY-2007 annual numerical limitation have been made available. Employment preference numbers will once again be available to these chargeability areas beginning October 1, 2007, under the FY-2008 annual numerical limitation.
The above action is a direct result of the sudden backlog reduction efforts of CIS offices during June and the first few days of July. During this short time period over 60,000 requests have been received and authorized. This is in comparison to the 66,425 CIS requests which were authorized during the first eight months of the fiscal year.
Please be sure that this information is passed to all personnel involved in the process of obtaining visa authorizations from the Visa Office for Section 245 cases
July 2, 2007
TO : CIS Section 245 ADJUDICATIONS
FROM : Immigrant Visa Control
SUBJECT : Authorizations for Employment CASES
Effective Monday July 2, 2007 there will be no further authorizations in response to requests for Employment-based preference cases. All numbers available to these categories under the FY-2007 annual numerical limitation have been made available. Employment preference numbers will once again be available to these chargeability areas beginning October 1, 2007, under the FY-2008 annual numerical limitation.
The above action is a direct result of the sudden backlog reduction efforts of CIS offices during June and the first few days of July. During this short time period over 60,000 requests have been received and authorized. This is in comparison to the 66,425 CIS requests which were authorized during the first eight months of the fiscal year.
Please be sure that this information is passed to all personnel involved in the process of obtaining visa authorizations from the Visa Office for Section 245 cases
eb3_nepa
12-18 04:05 PM
If we start the fasting and rallying the American people will view it as nothing but "Countries of the East" sending their millions to other countries to show their strength in numbers.
Another thing. There was a suggestion of starting "free coaching classes" for kids as a volunteer service. Excellent Idea IFFF AND ONLY IFFF we are doing it With the actual intent of providing education to the under-privileged. Otherwise, once immigrants' voices are heard, and relief comes through, guess what will happen? These coaching classes will stop dead in their tracks. This will attract NEGATIVE publicity sending a message that the so called "Volunteer Effort" was nothing but a PUBLICITY STUNT.
Another thing. There was a suggestion of starting "free coaching classes" for kids as a volunteer service. Excellent Idea IFFF AND ONLY IFFF we are doing it With the actual intent of providing education to the under-privileged. Otherwise, once immigrants' voices are heard, and relief comes through, guess what will happen? These coaching classes will stop dead in their tracks. This will attract NEGATIVE publicity sending a message that the so called "Volunteer Effort" was nothing but a PUBLICITY STUNT.
HopeSprings
12-16 02:35 PM
I have been intending to post this for a while: I still have major doubts on the predictions made by DOS. We all are grateful to them to at least do an effort to provide such predictions, but things don't add up.
It is everyone's understanding that these predictions are based on the information about "preadjudicated applications" from USCIS. Now if you look at the total number of preadjudicated applications from what USCIS has published, it seems that PD (for EB2 India) will move to at least to 2007 if not 2008 by the end of fiscal year 2010. There are no new 485 filings (except for EB1 and EB2 ROW) and unless there is a "HUGE" increase in these categories, there is no other way to explain the basis for these predictions.
Someone else mentioned in this thread about the large number of filings in 2005 due to PERM, but remember, this should already be accounted for in USCIS's preadjudicated numbers.
So either these DOS predictions are some form of scare technique, or too much conservative estimate (so as not to disappoint people) or there is a missing piece of information that we have no clue about.
In any case, I do not claim to be a "better predictor" than DOS; but reality is that all these are pedictions and we have to wait till July-Sept 2010 to find out the truth.
Hoping for the best....:)
I agree with you. I think USCIS has made a conservative estimate, most likely, based on past spillover numbers. However, situation is little different this time. With the bad economy, there were less number of PERM applications filed in FY2009 that will claim visa numbers in FY2010. Also, with DOL taking ages to approve new PERM applications, there will be less applicants, that filed PERM this FY, claiming visa number. Thus, there will be lot more spillover this time than previous years. IV has taken this into consideration while doing its math but we cannot expect the same from USCIS. I think EB2I should at least move till mid if not till 2008.
It is everyone's understanding that these predictions are based on the information about "preadjudicated applications" from USCIS. Now if you look at the total number of preadjudicated applications from what USCIS has published, it seems that PD (for EB2 India) will move to at least to 2007 if not 2008 by the end of fiscal year 2010. There are no new 485 filings (except for EB1 and EB2 ROW) and unless there is a "HUGE" increase in these categories, there is no other way to explain the basis for these predictions.
Someone else mentioned in this thread about the large number of filings in 2005 due to PERM, but remember, this should already be accounted for in USCIS's preadjudicated numbers.
So either these DOS predictions are some form of scare technique, or too much conservative estimate (so as not to disappoint people) or there is a missing piece of information that we have no clue about.
In any case, I do not claim to be a "better predictor" than DOS; but reality is that all these are pedictions and we have to wait till July-Sept 2010 to find out the truth.
Hoping for the best....:)
I agree with you. I think USCIS has made a conservative estimate, most likely, based on past spillover numbers. However, situation is little different this time. With the bad economy, there were less number of PERM applications filed in FY2009 that will claim visa numbers in FY2010. Also, with DOL taking ages to approve new PERM applications, there will be less applicants, that filed PERM this FY, claiming visa number. Thus, there will be lot more spillover this time than previous years. IV has taken this into consideration while doing its math but we cannot expect the same from USCIS. I think EB2I should at least move till mid if not till 2008.
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