Tax Blog by: Coleman Jackson, Attorney, Certified Public Accountant November 26, 2014 Fifth Amendment to the United States Constitution: No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces or in…
By: Coleman Jackson, Esq. Nov 13, 2014 What is Form W-8BEN? The Form W-8BEN (Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding) is a legitimate U.S. tax exemption document. You can only submit Form W-8BEN directly to your withholding agent. How IRS Form W-8BEN Scammers target taxpayers? Scammers usually target taxpayers who either did…
By: Coleman Jackson, Esq. Coleman Jackson, PC | 6060 North Central Expressway, Suite 443 | Dallas, Texas 75206 | www.cjacksonlaw.com | 214-599-0431 June 30, 2014 Noncitizens of the U.S.A. who commit certain federal tax crimes are subject to deportation as aliens who have been convicted of an aggravated felony. The U.S. Supreme Court held in…
June 16 2014 By: Coleman Jackson, Esq. IRS Power to Place Liens & Levies In the event a taxpayer fails to pay any federal income, gift, or estate tax liability after notice and demand, Internal Revenue Code (IRC) Section 6331(a) authorizes the Internal Revenue Service (IRS) to collect the tax by levy on the taxpayer’s…
By: Coleman Jackson, Esq. Coleman Jackson, PC | 6060 North Central Expressway, Suite 443 | Dallas, Texas 75206 | www.cjacksonlaw.com | 214-599-0431 June 12, 2014 Yes, resident aliens are subject to U.S. federal taxes on their worldwide income. See 26 U.S.C. §7701(b) and 26 U.S.C. §61. Who is a resident alien? For federal tax purposes,…
By: Coleman Jackson, Esq. May 22, 2014 The IRS’ authority to summons records from taxpayers and third parties is codified in 26 U.S.C. 7602, which permits the IRS to summon any record that may be relevant or material to a legitimate tax inquiry. The IRS may summon information for the legitimate purpose of ascertaining the…
By: Coleman Jackson, Attorney | Immigration & Tax Law Firm | www.cjacksonlaw.com
Apr 14, 2014
Estate planning is the field of discipline in preparation for yourself and your loved ones future. Ideal estate planning happens when you protect your assets, pass your legacy, and manage your tax liability. Estate planning is way more than drafting a set of documents. Proper estate planning is more than documents! Estate planning is not merely about passing your assets and values at the time of death; but, also managing and controlling your assets during your life time. Estate planning can include life time gift planning, incapacity planning, digital asset planning, death planning and business structuring, winding down and exit strategy planning. Proper estate planning permits you to give your assets to who you want, when you want, and how you want. Read more
By: Coleman Jackson, Attorney | Immigration & Tax Law Firm | www.cjacksonlaw.com March 27, 2014 EB-2 immigrant visa category is the second (out of five) “preference” immigrant visa category for United States employment based immigration to the United States of America. The EB-2 immigrant visa is one of the common ways in which foreign professional…
By Coleman Jackson, Esq. March 20, 2014 What is an EB-5 Regional Center? An EB-5 Regional Center is an organization designated by the United States Citizenship and Immigration Services (USCIS) that sponsors capital investment projects by EB-5 investors. In more simple terms, a Regional Center is a service agent organization for investors and companies looking…
By: Coleman Jackson, Attorney & Certified Public Accountant January 15, 2014 What is FATCA? The Foreign Account Tax Compliance Act is better known as FATCA. FATCA was enacted in March 2010 as part of the Hiring Incentives to Restore Employment (HIRE) Act by the United States Congress to target non-compliance with 26 U.S.C. (Internal Revenue…
By: Coleman Jackson, PC Immigration & Tax Law Firm Firm Site www.cjacksonlaw.com December 4, 2013 What is Naturalization? In the United States, citizens can be divided in two basic categories, Natural Citizens and Naturalized Citizens. The natural citizen is someone born in the United States or born to U.S. Citizen parents on foreign land. The…
By: Coleman Jackson, PC Immigration & Tax Law Firm Firm Site www.cjacksonlaw.com November 27, 2013 “Parole in Place” could be a step toward Immigration Reform. On November 15, 2013 the Obama administration released a new immigration policy memorandum addressing Parole in Place for spouses, children and parents of active duty members of the United States…
Whether you’re a small or medium-sized business owner seeking tax or business representation, or an individual seeking immigration assistance, we are ready to provide vigorous and compassionate legal support. Reach out to Coleman Jackson, P.C. today to discuss how we can help you.