Search results

Ok , i know this is going to end in silly name callings. So this is my last post in this thread .GoodBye

>> Is it the same case with the EAD as well or can one file AC-21 for the company newly incorporated? If you have a EAD and still maintain the job with your sponsor you can work for your company without AC-21. >> why did you want to encourage people to break the laws, exactly? I am...

JoeF , Arnold not only overstayed but worked when he was in a visitor visa .Its clearly illegal and i dont think its forgiven even if you marry a US citizen...Anyway to be honest joe i dont want wasting my time discussing it further & the only reason i post is to educate some of the immigrant...

JoeF , please dont use your usual scare/guilt tactics .I contribute more to this country both taxwise and jobswise than you and i am sure i love this country more than you. I agree Starting & working for a company are 2 different things. But what constitute "working" is a Grey Area...If you...

I was saying this from the begining. There are simple creative ways to do business in h1 or f1. Just start a C-corp , retain the profits in the company (that is dont draw salary or dividend )until you get a EAD or GC .Unless business income/loss showup in your personal tax return the BCIS...

Joe ,the truth is that strategy i suggested works :) , also i dont see it as unethical or something as by running a business he is contributing to the economy !

Just retain the earnings in the company itself (that is dont pay yourself a salary or dividend) until you get your GC or EAD !. Without you getting paid personally nothing is reflected in your personal tax return and USCIS has no way to know that you run a business

Just start a C-corp ,retain the earnings in the company itself (that is dont pay yourself a salary or dividend) until you get your GC or EAD !. For a exprimental startup it should not be a problem as you make little or no money in the first 1-2 years anyway ! If you dont get paid nothing...

A better option for you is to start a C-corp and employ someone to manage it

Joef , Thanks for the link to the page containing the text of the law . I am really confused now ...ra999 , its better to contact a good CPA who knows someone in the IRS whoom he can clarify about this . Anyway thanks joef for your valuable inputs :)

I know that JoeF , i also rechecked the mail from IRS , it didnt have any disclaimer . JoeF , you think your answer is authorative but not IRS . This is really funny :) ra999 , here is the link to IRS S-corp publication and i am again suggesting to contact IRS directly and clarify ...

JoeF , as is said this is the reply i got from IRS itself , ra999 i suggest you to contact IRS again (http://www.irs.gov/help/page/0,,id=13162,00.html ) , explain your situation and ask for advise . I dont think IRS will give unauthorative answers , even if its a wrong advise you can always...

S-Corporation requires all the shareholders to be US residents . Many people (including CPA's and some immigration attorneys) confuse this thinking that it means GreenCard Holders or Citizens . But "US Residents" is in terms of tax term and not an immigration term . While the IRS and BCIS...

Anyone Can start business in US that includes persons not in US also. There are two types of corps . S , C and lately LLC . S and LLC avoid double taxation and additionally S corp has self-employment tax advantages . So in my opinion its the best corporate structure for a small business. But...