Somebody please help Query on I-140

pkv

New Member
They asked for my W-2\'s and the employer\'s 2000 tax returns. My employer filed a negative income to IRS on its 2000 tax returns. The company is been in existence since 1997. How is this going to change my GC processing? Please suggest what can the employer do, what kind of documentation will be required.
 
No Title

company will have to prove that they will be able to pay your salary going forward. It will be difficult if it is a loss making company.
company will have to show enough funds to take them to profitabilty and beyond. I am sure somebody else who has gone thru this scenario will give you specefics. post on the 485 board also and please post your rd and date of rfe here.
 
They\'ll need to show some reason why the loss will not continue

If the company just landed a large contract, or the losses were due to an extrodinary event, there will be a much better chance.

Jim
 
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