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April 29, 2010

Green card

Filed under: — admin @ 10:09 am

Green card
In order to obtain an official immigration status, one needs to obtain a Green Card that will allow anyone to have legal permanent residency in the country. To obtain a Green Card one must meet certain criteria and eligibility requirements. Some of these requirements depend on how long the petitioner has been in the country, or if they are married to a resident or a citizen, or if they are currently in the country or not. Many factors will play an important role when applying for permanent residency or Green Card. Most people are not aware that once permanent residency has been established and a Green Card has been obtained, that the law requires Green Card holders to carry it at all times, and not doing so would constitute a misdemeanor crime which is punishable by law. People who have applied for a Green Card are eligible to apply for a work permit, while their case is still pending. While a case is pending and waiting for the Green Card one must, before leaving the country, obtain prior written authorization to do so, otherwise the application will be deemed as abandoned and re-entry will be prohibited. There is a fee to obtain the Green Card which changes from time to time, therefore it is best to get the details before one begins. Passport pictures will be needed as well as a background check and fingerprints. It is best to read the instructions as to when, how and from where, these extra requirements must be obtained as they have dates of expiration from the date in which they were obtained, and only some places are accepted as official for these type of documents. Any mail sent by immigration that requests the presence of the applicant, must be kept and met. Missing a date with immigration in the middle of a Green Card process or any other for that matter will constitute as application abandonment and the applicant may not be re-scheduled or even seen for years, if ever! If someone needs to miss a date with immigration, making sure that it is an absolute emergency and having the pertinent documents to back it up is highly advisable. When permitted and of course depending on the nature of the emergency, it is always best to call in advance, meaning days in advance, to re-schedule. At any rate, the rules to obtain a Green Card are strict and must be followed in order to meet all of the requirements necessary to obtain a legal status without any complications. Doing the pertinent research and learning everything that the law requires in order to successfully obtain a Green Card is highly advisable. If someone meets the requirement necessaries and follows all the legal instructions as indicated by the immigration department, then the process should be smoother and the chances of getting accepted much higher!

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April 27, 2010

Business travel luggage

Filed under: — admin @ 10:10 pm

Business travel luggage
It is a fact that travel is the most important part of business as well as personal life. It is quite common to travel to different places for different reasons like for fun, enjoyment or for business purpose. Earlier it was not very popular to have business travels especially in smaller companies, however now globalization it is even necessary for these smaller companies to send their employees abroad for business purpose. Because of growing popularity of business travel, many issues have taken place related to these trips like what are the things to take care if anything happens with your business travel luggage or how to avoid delay in security check or what are the things you should keep handy to save time etc. Among several issues as discussed above, the most common issue that needs your proper attention is that of your business travel luggage. It is often seen that in several cases like especially when you have to change one or two flights to reach to your destination, there you face problems with your business travel luggage. It is quite common that during your journey as you need to change your flights your business travel luggage gets missing due to the reason it was not boarded on your other site because of several reasons like to save the time of the flight or so. Now here in case your business travel luggage is carrying all the important things which are very much important especially for your trip, then you are in serious trouble. Even the whole purpose of your travel gets destroyed because of this. Now here you need to keep some important things in mind in order to get away from this bad situation. First and the foremost thing that you must consider while carrying business travel luggage is that you should not keep the important documents in the baggage rather you should keep them with you in your hand baggage. Now as you are putting your important documents in your hand baggage, it is important that there should be enough space in it to let you keep other important things as well. In your hand baggage there should be just one set of cloth in spare and it should only contain the things that are very important for you like your footwear or accessories like comb and all. This would not only provide you ease in carrying them rather you would get enough space to keep your important documents and your problem of business travel luggage would be solved to some extent.

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April 26, 2010

401k safe harbor

Filed under: — admin @ 10:11 am

401k safe harbor
There are several problems associated with the 401K adoption which makes one feel to get away from implementing 401K plans like for example as the rule , 401k plan is required to satisfy several non-discrimination requirements. These non-discrimination requirements are bit difficult for several small businesses and so they don’t to adopt such plans. In order to encourage 401k plans adoption, the Small Business Job Protection Act of 1996 gave the option of 401k plans with several alternative, simple procedures in order to meet the non-discrimination requirements. Thus the 401K plan which came out as an alternative to several other methods is called “safe harbor 401k” plans. 401K safe harbor plan can be adopted by sole proprietorships, partnerships, limited liability companies along with other corporations. Thus it is a type of plan for all. In case of 401K safe harbor plan, employer is having the option to sponsor other qualified retirement plans as well. When talking about the contribution in this plan, the contribution from both the employer as well as employee is possible. The best part of 401K safe harbor plan is that it is very cost effective and its costs lie between low to medium. Thus it is quite easy to adopt this plan especially considering the cost issue. The maximum employee deferral contribution in case of 401K safe harbor plan is the lesser of $15,500 for the year 2008 or 100% of compensation. It is a fact that the Safe Harbor 401k is quite similar to the traditional and old plan, however there are certain exceptions to this plan as there are no provisions stating the compulsion of fulfilling every statutory compliance as well as the testing that is generally required to be completed every year. The plan of 401K Safe harbor is regarded as the most beneficial for the small businesses that are able to generate the regular income and in addition are thus able to contribute a desired amount every year to the fund of an employee. On the part of employers it is must to contribute a minimum of 3 percentage of the contribution to each and every employee who is eligible for funding at the time of retirement, irrespective of the point that factor that whether an employee is able to contribute in the fund or not. Thus here the liability of the employer is more and is not depending upon any contribution of the employee. In addition, it is also important to note that it is stated in the provisions that the contribution of the employer to the fund should not vary for the less highly paid employees to a great extent. The employee’s rate of contribution can be as much as 2% from the well paid employee. The best part of the 401K safe harbor is that it is very simple to accomplish and administer as well and that is the reason why it is gaining popularity.

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