Kudiyan , Whatever the business if you are going to draw most of the income to yourself rather than re-investing it again on the business to grow it , then S-corp is the best way to do !
I got married recently and my wife got H4 stamping last week and she is coming Oct 11 .But my I485 is approved today .I heard i can still bring her in H4 and apply 485 for her (within 30 days of approval) .
Please shed your insights .thanks
I got married recently and my wife got H4 stamping last week and she is coming Oct 11 .But my I485 is approved today .I heard i can still bring her in H4 (within 30 days of approval) .
Please shed your insights .thanks
Hi Guys , just thought of updating this thread ...
My wife went for H4 stamping this week and she got stamped ...The interesting thing is she got the same counsellor who refused our visa in the first place . This time this guy just looked at the documents and didnt asked even basic questions...
I am not sure about this but i think if you give your SSN or federal tax id that merchant account company may report the earning to the IRS ,so this means you will have tax liability
>> Now a days, getting a Full time job in a big company is really tough in NJ/NY area
I have a friend who got 3 fulltime job offers in 2 weeks , all in NJ . He choosed one and relocated to NJ ...
I guess companies are not hiring even though the economy is coming back is because they are...
Well Joe , everything is risky in this world .Its our job to manage the risk and opt for the one with the perfect risk/reward combination !
I know a guy in H1B who are doing real estate investing ! ..Thats a grey area , It can be a passive investment for someone but look like a business for...
Joe , you cannot even compare this to murder because in this case its not completely illegal if you can prove (in the rare case INS found it out) that you were not actively working but was a mere passive investor you may be able to get out !
My 485 LUD is also updated first to Aug 20th (the same day i got a RFE on my 2nd EAD ) and today its updated to Aug 30th ...
Let me see how lucky i am :) ...
Joe , i am not saying its 100% legal but at the same time its not completely illegal also , its actually a grey area ... With a smart lawyer you can argue your way out !
Also the chances of INS finding out that you are owning a business is very slim (less than 1%) provided you dont draw...
Normally the chairman of the corp signs and he dont have to draw any salary.I am surprised you never heard of employeeless corps...Most of the shell or holding corps which are there just for asset protection or for real estate investment holding are like this !
Anyway i am again saying its...
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