unitednations said:Raj, without knowing the details of what the company sent in to uscis it is difficult to know if you can overcome this on denial.
Three golden rules that you will get approved.
1) getting paid proferred wage from priority date
2) if actual wage is less than proferred wage then the difference can be made up from taxable income or (3) current assets-current liabilities on each year's tax returns equal to the difference between your actual wage and proferred wage for that years.
There may have only been a problem in one of the three years.
How many employees does your company have? Is there anyone else going for greencard at this company. These are other factors uscis takes into consideration.
Hi UN, Please respond in detail ( I dont know what I would have done w/o U )
How can I achieve item # 1? (as obviously the priority date is past and getting paid proferred wage from that date is a PAST thing)
If I calculate the diff (proferred-actual) from 2001 till today it is atleast 3500/- diff for evrey yr. for the past 3 yrs. so it is 3500 X 3 = 10500/-, should I be paid this amt. as of today?
I do not understand item # 2, what taxable income? I do not have any other income than the pay cheque I get from my company.
As for item # 3, again if the companys current assets-current liabilities for that particular year is not equal to the diff (proferred-actual), what can we do as it is the past.
Can the company show that this yrs current assets-current liabilities equal to the combined diff (proferred-actual) 10500/- ?
BTW What it means by assets and liabilities?, my comapny mostly survives on funding, they just made profits from this June2004. There might be atleast 1.5 millions/per year(burn rate) invested in the company by the investors(is this a liability?) and the company would never make revenue in a year to overcome that 1.5 million.(is this an asset), If this is the case then there is no way that the company have generated money(revenue) for a given year or even combined for the last 3 yrs (from my priority date) to show a postive net calculation.Does it mean that given that priority date/that LC and my companys history for the past 3 yrs I cannot overcome the 140 deinal?
Am I missing the point here?(Hope I am).
BTW My company is doing good for hte past 6 months and expecting more good things from now on(with the new name), will this help. In other words we cannot change the past we have a could present/future can we use that?.
thanks
-Raj