Do immigrants get tax breaks for opening up businesses? and for how long?
552146
Anyone who owns a business files additional schedules with their 1040 income tax form.  The income the individual receives from a business can be offset by the expenses it takes to make that income.  These expenses are described on the various schedules.  One of them is schedule C, for example. The business owner only needs to pay tax on the profit he  makes instead of all the income the business produces.\n\nThis tax break is available to everyone opening a business, not just immigrants. The IRS knows there are a lot of start up costs for a new business which make it difficult to make a profit.  But, after 3 years of losing money (and not paying taxes), the IRS can reclassify the business as a hobby. Then it is harder to write off expenses, and much more of the income received is taxed.\n\nCheck www.irs.gov and read through the publications available, especially publication 334.
629915
Have you considered "SHELTERS"?\n\nShelters are Mexican firms that provide the following services: personnel recruitment, administrative services (including accounting, payroll, tax, import/export and personnel management services) and legal counseling. They have an authorized Maquila program.\n\n- These firms charge on a man-hour basis. \n- Since you don't register a business in Mexico (the \n  Shelter Firm is the registered business), you can \n  avoid risks related to legal, tax compliance, customs and \n  labor issues.
218989
Immigrants are a strong force here in our workforce.No body stops to think about the money they pay our government for applications for work here .My boyfriend is from Honduras ,and he pays dearly for his applicatrion fee for his TPS card.Llast year he paid 175 or his fee and 75 for someone to fill his papers out.He pays taxes on his earnings,he helps me with my bills,and also helps support his family in Honduras.
340761
Sorry, no paying job is tax free:)
681858
I feel like it's a slap in the face to every person who has immigrated here legally. What really frosts me is that this is also an amnesty for the employers who have enjoyed the unfair competitive advantage of hiring illegals over the past years. How can an honest business person stay in business when your competitor's payroll expenses are 50% less than yours?
443215
CURLIES_10-You Need To Learn The Underlying Issues Before You Become A Taxpayer(Im Assuming Youre A Student Living With Your Parents)\n\nFREEDOMHAMMER Makes The Point Best-It Is GREEDY Unscrupulous EMPLOYERS That ENABLE This Problem And Have Compounded It To This Point\n\nThere are jobs Americans simply won't do, so that the importation of foreigners is essential. Whether these foreign workers are ILLEGAL ALIENS,  guestworkers, or permanent Legal Immigrants is a detail to be worked out by us, the argument goes, but our need for them is unchanged.Even many opponents of the proposed Bush Amnesty assume this to be true, leading them to propose new and improved guestworker programs, with provisions for stricter controls against Permanent Settlement, greater incentives to return, tighter enforcement against Unscrupulous Employers, etc. As well-meaning as such efforts may be, the basic assumption is false — \n\nThere is simply no economic reason to import FOREIGN Workers.If the supply of FOREIGN Workers were to dry up (say, through actually ENFORCING the immigration law, for starters), employers would respond to this new, tighter, labor market in two ways. \n\n1: One, they would offer HIGHER Wages, INCREASED Benefits, and Improved Working Conditions, so as to recruit and retain people from the remaining pool of workers.\n\n2:At the same time, the same employers would look for ways to eliminate some of the jobs they now are having trouble filling. The result would be a NEW Equilibrium, with Blue-Collar Workers making somewhat Better Money, but each one of those workers being more productive.\n\nMany people fear the first part of such a response, claiming that prices for fruits and vegetables would skyrocket, fueling inflation..NOT TRUE..Labor accounts for only about ten percent of the retail price of a head of lettuce,  so even doubling the wages of pickers would have little noticeable effect on consumers.\n\nSeveral people told me they used to do the "jobs Americans won't do" until local employers figured out they could get ILLEGAL Aliens to work for less than half the same amount. As an example, a young landscaper who used to make $15 an hour 10 years ago, can't get a similar job now for more than $8 an hour. Same heat. Same difficult working conditions.  But with the Depressed Wage, AMERICANS – who live in a country where the cost of living is miles above that of Mexico's – can't afford to take such jobs.It's not that he and other Americans don't want to do landscaping anymore; it's just that in heavily trafficked ILLEGAL Alien environments, IT DOESNT PAY WELL ENOUGH ANYMORE.\n\n Younger U.S.-born high school graduates are squeezed at both ends. Jobs that would have gone to them in the past are now being grabbed by college graduates. The lowest-wage jobs are unappealing, and employers will not raise wages as long as ILLEGAL Immigrants will take them.\n\nIf this is what the open borders crowd means by ILLEGAL ALIENS doing jobs Americans don't want, they're right. American workers want jobs that can Earn them a DECENT LIVING in this country. Minimum wage is a fortune south of the border, but it doesn't go far here. \n\n\nthis is to illustrate the absurdity of a "comprehensive" approach to ILLEGAL IMMIGRANTS , and the more radical of the ILLEGAL IMMIGRANT  advocates who are proponents of an "open borders" policy. We don't take a comprehensive, humane approach with drug dealers because they are breaking our laws and causing great damage to this country by poisoning our children. Similarly, ILLEGAL IMMIGRANTS  violate our laws and Poison our system of Economics by TAKING JOBS  from American Workers, Keeping WAGES ARTIFICIALLY LOW, and Sucking MILLIONS of Dollars of TAXPAYERS MONEY out of our Welfare and Medical Systems. \nNot To Mention The Fact That A Majority Of ILLEGAL ALIENS Live And Work In This Country And Then Send Their Money Back Home To Their
72803
Taxes are usually based on the origin of sale. If you reside in the state the seller does business in, you can pretty much be guaranteed that you will pay a sales tax.
396962
since most jobs are inside what is considered to be a small business then yes, there should be tax breaks to keep that job market cranking.
310055
One exception that allows you to start a business while you are not a U.S. citizen nor a permanent resident, is by investing $1 million into a new business and hire at least 10 people.  Once you do that, you'll be on your way to permanent residency in the US.
44076
yes you have to have tax in order to get the tax break.\n\n-Jim
177156
Yes. All tips should be 100% tax free. Individual people paying other individual people for private services have already paid taxes on that money a dozen times over.
685827
Businesses can only get information on the right of prospective employees to work in the U.S. (and only if they have the resources to inquire). As a citizen, you can get information from the web (www.uscis.gov), but that's about it unless you are in the middle of sponsoring someone for an immigration benefit.
1139271
You should be able to start a business regardless of age. It is a breach of your human rights to try to stop you. Employment is only a form of slavery - and time it was abolished for all. But your parents may get taxed on the money you earn in some countries. In the UK, they would tax the air we breathe if they could.
588939
For an "investing immigrant" status, the amount required is higher: $500,000 or $1,000,000, depending on the type of investment. See the website below. However, $300,000 should be enough to support you for a while if you can get here through traditional immigration status. I'd suggest finding a less expensive part of the country to live in (avoid New York, California, etc.), so that the money will last longer.\n\nI'd suggest that you avoid taking large risks with your money.  Investing in a business can be a great risk, because only a small portion of businesses succeed.  You may be more successful by investing it carefully in stocks or mutual funds.  You ought to be able to earn 10% per year on your money that way, which would give you $30,000 per year to live on.  That, and whatever you can earn from a job will get you started.  After you've done that for a while, you may have a better idea of a business that would be successful, but don't jump right in until you're sure of what you want to do.  Best of luck to you.
527134
Yes, free benefits, no taxes because they are paid with cash. Free healthcare, free education for their kids, free foodstamps, free housing assistance, free welfare benefits. Wow, I wish it was that easy for everyone! I think the government should hurry this issue along and put a stop to this abuse of our tax/welfare system. \n\nOr better yet, pull all the checkpoints in the desert and let the immigrants die in the desert.
572094
Either way, the money doesn't get used in the U.S. as any corporation of the size to be able to open sites in Mexico has a ton of tax shelters that prevent paying taxes.  Mexico benefits far more from both situations than the U.S. does.
265461
Yep, same as any place else.  They may enjoy tax relief due to nonprofit status, but your income from them is taxable just as any other income.