Immigration Reform and Tax Inspection Questions and Answers

Immigration Reform and Tax Inspection Questions and Answers 1. Is President Obama willing to reform immigration policy? Can you analyze it? Answer: President Obama’s response to the comprehensive immigration...

Questions and Answers on Immigration Reform and Tax Inspection 1. Can you analyze whether President Obama is willing to reform immigration policy? Answer: President Obama gave a speech on comprehensive immigration reform. The media focused most of their attention on the president's two most controversial proposals: border security and opening a pipeline that would allow more than 10 million illegal residents in the country to become U.S. citizens. The president proposes to automatically issue green cards to students who have obtained master's or doctoral degrees in science, technology, engineering, and mathematics (STEM Majors) from American universities. He hopes to use green cards to keep highly educated talents in the United States to strengthen the American economy. If this proposal is accepted, master's and doctoral graduates will not need to worry about OPT, H1B, and green card issues, and can work directly for American companies. Another reform and innovation is the creation of a new visa called the "Start-Up Visa": This visa allows American investors to gather foreign capitalists to come to the United States to start their own businesses and create jobs in the United States. The Start-Up visa will allow entrepreneurs from around the world to come to the United States to implement their ideas, give American companies access to the latest business information from around the world, and build a more comprehensive economy for the United States. Regarding changes to the family-based immigration system, he hopes to lift the quota limit for immediate relatives of U.S. citizens so that they can apply for green cards immediately without waiting for immigration visas. Second, he will change the categories of employment-based immigration applications and cancel the maximum limit for each country's employment-based immigration, speeding up the process of applying for green cards for high-tech technical talents. While the details have yet to be decided, any legal changes that would benefit high-tech talent. Therefore, President Obama’s outlook on immigration reform should be in a good direction. 2. Many people have received tax audit notices recently. Is the U.S. government really so out of money? How to respond? Answer: Summer is coming, and the 2011 IRS tax audit season has arrived. We can only blame the United States' high federal deficit, frequent tax fraud among high-income earners, and frequent tax evasion of all kinds, which have convinced the IRS that there is a gap between the taxes people should pay and the taxes they actually pay. When you receive a tax audit notice, you should first understand the key points about the current tax audit. Of course, here I can only make a few suggestions based on what I know: The IRS no longer checks taxpayers' tax returns item by item, but instead checks one or two items that are easily evaded, such as donated cars. Taxpayers must provide additional supporting documentation for the items being investigated. If you can prove that the amount of the deduction is true, you can easily resolve it by sending a copy of the supporting documents directly to the IRS. If the tax inspector is not satisfied with the certification documents received, he will soon be notified to go to the tax court. In the past, face-to-face tax inspections often required a lot of dealing with the tax inspector before going to court. If the situation is not right, you can request that the tax audit by communication be changed to a face-to-face interview with the tax inspector. In some cases, a face-to-face tax audit is more beneficial to the taxpayer. For example, when the item under inspection is related to business expenses, it may be necessary to explain in person why there is such an unusual expense in your line of work. It is better to explain in person than to teach. You should remain calm and polite during face-to-face tax inspections. If you act too excited or panicked, the tax inspector will think there is something fishy. In addition, your emotions will also affect your interpretation of the tax inspector's conversation. If your situation involves large amounts and complex tax issues, it is recommended that you find a tax lawyer or accountant to represent you in facing a tax audit.