What is an L-1 Visa? What is an L visa? L visas are temporary, non-immigrant, employment-based visas that are reserved for company employees who hold management or executive positions or have specialized knowledge. There are two types of L visas, L-1A and L-1B. L-1A visas are for transferees within a company who hold either an…
Read MoreAbout the National Interest Exception Travel to the United States has been heavily restricted because of the COVID-19 pandemic, causing many people even with valid visas to not be able to enter the country. Because of this, the U.S. Department of State (DOS) has introduced the National Interest Exception (NIE) to allow travel to the U.S.…
Read MoreWhat Would Happen if There Was a 269-to-269 Electoral College Tie? Right now, the United States is in an election season. It’s hard, if not impossible to escape the seemingly endless amount of political ads, posts, and yard signs telling you who to vote for. This season won’t last much longer, however, because election day…
Read MoreAnalysis of IRS Guidance for President Trump’s COVID-19 Payroll Tax Holiday Following the failure of Congress to pass the most recent round of COVID-related economic stimulus, which has still not occurred, President Trump, by executive order, postponed the collection and remittance of Social Security taxes withheld from employees’ checks. This Social Security tax amounts to…
Read MoreHow the USMCA will help Small and Medium-Sized Enterprises (SMEs) The USMCA is a new trade agreement between the United States, Canada, and Mexico that replaced NAFTA on July 1st of this year. The agreement places a large emphasis on supporting small and medium-sized enterprises (SMEs) in North America, including a new feature: a chapter…
Read MoreWhat Does a Registered Agent Do? A corporation or LLC must identify a registered agent in each state where they are registered. A registered agent is a person or entity that is designated to receive important legal documents on behalf of your business. The types of legal documents sent to a registered agent may include…
Read MoreDoing Business in Another State – Foreign Entity Registration What is foreign entity registration on a state level? A “foreign” entity does not always mean that a company is incorporated outside the US. At the state level, a foreign entity may refer to a company that was incorporated in a different state. If your…
Read MoreAs previously discussed earlier this Spring, the Paycheck Protection Program (“PPP”) enacted through the CARES ACT is a Federal Program that has been marked with more questions than answers. As the days pass and the implications of the program are evaluated by the government and public, the Small Business Administration (“SBA”) and Department of Treasury…
Read MoreThe rules for the Paycheck Protection Program (PPP) change daily, sometimes hourly. On April 23, 2020 the SBA issued a question whether an applicant can certify in good faith that the business needed the SBA loan as liquidity. Our suggestion is to avoid potential criminal charges to analyze the needs of the company and also…
Read MoreFor anyone considering a business acquisition, now may be a great time to do it. Many buyers finance business acquisitions using 7(a) loans. A 7(a) loan is a general-purpose loan up to $5 million, which can be used to purchase a business, purchase equipment, or obtain working capital, among other uses. 504 loans are loans…
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