The United States is a highly developed technological civilization, leading in technology and admired globally, becoming the world’s most important economy. It possesses abundant educational resources, with public schools offering free compulsory education from elementary to 12th grade. The educational standard of the United States is ranked first by the United Nations; among the top 500 universities worldwide, 125 are in the United States, including 15 in the top 20. Anyone willing to live actively, be diligent, work hard, and develop their potential can achieve their life goals. There are very few countries in the world like the United States that can offer people such opportunities filled with endless possibilities.
The L-1A Visa program began in 1970, without a limit on the number of visas issued. The simplest way to benefit from the L-1A visa program is to register a new company or invest in a local company in the United States, holding at least 51% of the shares. Generally, eligibility for the L-1A visa requires meeting the following conditions:
The United States company and the foreign company must have a parent-subsidiary, branch, or affiliate relationship;
The applicant must have served as an executive or manager in the foreign company for at least one year in the past three years;
The United States company must have a physical office;
The applicant must serve as an executive or manager in the United States company;
The United States company must provide proof of business for the last year, demonstrating profitability and the ability to economically support the applicant’s position.
The most important is after working in the United States company for a year with an L-1A visa, the applicant can apply for an EB-1C green card, which grants permanent residency and the ability to live in the United States long term.
Kaizen offers a service for applying for the L-1A visa, including complete business registration in the United States, setting up company and personal bank accounts, document collection, submitting the I-129 application for L-1A approval, preparing for the visa application and interview, submitting any necessary documents for visa extension, and applying for the visa at the United States consulate after I-129 approval to enter the United States. If you need our services, please contact our professional consultants.
Disclaimer
All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage.
In addition to the four employee benefits previously discussed, it is essential to consider a fifth benefit: health insurance, which represents the most significant expense associated with employee benefits in contemporary workplaces. The Affordable Care Act (ACA) stipulates that organizations employing 50 or more full-time employees are subject to a tax penalty unless they provide adequate healthcare coverage that complies with ACA standards for their full-time workforce.
It is also advisable for employees to engage in a comprehensive dialogue with prospective candidates regarding the company's benefits package prior to joining the organization. It should be noted that the provision of employee benefits is not a mandatory requirement. However, there are five notable exceptions where such provisions are legally binding: Social Security
The IRS Schedule C (Form 1040) is commonly utilized by individuals to submit their individual income tax returns, disclosing their annual income, and determining the taxable portion after accounting for tax deductions and credits. The following will talk about entities that are required to report on Schedule C, as well as the specific deductions applicable to Schedule C.
Maintaining accurate and organized records is a crucial obligation for small business proprietors, irrespective of the size of their workforce, the nature of their services, or the type of business entity. Recordkeeping involves the systematic and methodical storage of business documents. The subsequent section examines the significance of recordkeeping for small businesses and outlines the recordkeeping requirements stipulated by the IRS.
