A guide to tax returns for new immigrants in the United States
Timely filing tax returns to the IRS every year is a necessary condition for green card holders to maintain their identity, and it is also evidence that they are willing to settle in the United States for a long time. 1, US tax background
There is a concept in the United States that "no one can escape taxes and death" because Americans believe that taxes are a normal economic phenomenon. Deliberately failing to pay taxes on time will discredit people. In this context, tax-related intermediary services are very developed. Tax declaration is also a technical job, and professional lawyers and accountants have fee-based services to help the rich declare. There are also lawyers and accountants who volunteer to provide services for the poor free of charge.
2. Tax declaration status
After the end of the year, taxpayers can declare in three identities: single, head of household and married. Taxpayers are free to choose the lowest tax that leads to income tax declaration. Taxpayers who receive wages implement the system of withholding and remitting by employers. The United States pays great attention to tax design, which can avoid fake divorce caused by marriage punishment and fake marriage caused by marriage incentive.
3. Types of tax returns
There are two types of tax returns in the United States: standard deductions and enumerated deductions. Taxpayers can choose freely. American immigration standard deduction applies to taxpayers who have a single source of income or no income and property, such as students. Most taxpayers will choose to list the deduction items because there are more items and amounts that can be deducted from the total income.
According to the American tax system, there are three kinds of people who need to file tax returns: American citizens, green card holders and taxpayers. Do I need to declare my original domestic assets such as cash and stocks after I immigrate to the United States? Simply put, investors should avoid becoming taxpayers and stay in the United States for no more than 120 days in a year. American investment immigrants have no immigration supervisor, so this tax avoidance method is feasible. If you don't become a tax resident, you basically don't have to file a tax return. If the investor has become a green card holder but has no income in the United States, then the global income of the investor outside the territory of the United States is not taxable.
Article 2 the way of American immigration
1, American EB- 1A immigrants
No industry restrictions, no language requirements, no education requirements, no age requirements, no employer guarantee, no capital investment, you can get a permanent green card in one step.
As long as you have made great achievements in science, art, education, business, sports and other fields, you can prove that you have made outstanding contributions in your field and that you are a respected talent in all walks of life, with excellent professional ability and a leading position in a relatively large range, you can apply immediately.
Of course, how to prove that you meet the requirements, this project has high requirements for the operation of copywriting, and there are also skills to follow in terms of letters of recommendation and awards from authoritative sources. This is also the advantage of Yongming International, which has rich experience in immigration handling in the United States and Canada.
2. Transnational executive immigrants EB- 1C
No industry restrictions, no language requirements, no academic qualifications, no age requirements, no employer guarantee, you can get a permanent green card in one step.
As long as you have been an executive in China company for at least 1 year in the past three years, the company's annual turnover and the number of employees can meet certain requirements, and you can make a decision to acquire or establish a company in the United States and operate normally, you can apply immediately.
It should be reminded that the project has no clear investment requirements for the applicant, and the funds used by the applicant to acquire or establish American companies can be decided by themselves. Objectively speaking, the funds used by the applicant to immigrate to the United States have always been in the name of the applicant and his company.
The third popular city for American immigrants
I. new york
It is currently the city with the largest number of Chinese in the United States. All kinds of Chinese gathering areas are famous and popular places. If you are in Chinatown, Flushing and other food markets, stalls and massage and pedicure shops, you may not realize that you are in the United States for a while. Of course, new york, as an international metropolis, may be more attractive. Numerous landmark buildings, shopping paradise and developed higher education are all labels given to new york.
Second, Los Angeles.
Los Angeles is a big city next to new york, where Chinese account for a large proportion of the total population and are less restricted. There are also many Chinese communities and many Chinese speakers, so it is quite convenient to find a Chinese restaurant to eat.
Moreover, with a developed economy, it is the base of petrochemical, marine, aerospace and electronic industries in the United States, second only to new york's financial center, and employment opportunities are indispensable.
Third, San Francisco.
Of the 800,000 people in San Francisco, 20% are Chinese, which is the proportion of Chinese in American urban population. The San Francisco Bay Area has beautiful scenery, and each area represents the other side of this multicultural city. There is also the huge Chinatown in San Francisco, which makes Chinese people play an increasingly important role in the political, economic and social life of this area.
Fourth, Seattle.
Seattle, the commercial and cultural capital of Washington, is a city in the Pacific Northwest of the United States, only more than 200 kilometers away from Vancouver, and the life of local residents is very leisurely.
Verb (short for verb) Houston
Houston's official nickname is "Space City", because it is the seat of lyndon johnson Space Center and the mission monitoring center is also located here. This is a city with many cultures, and many immigrant communities have developed here.