The O-1 visa is a nonimmigrant visa for individuals with extraordinary ability in the sciences, arts, education, business, or athletics, as demonstrated by sustained national or international acclaim. The EB-2 visa, on the other hand, is an immigrant visa for individuals with advanced degrees or exceptional ability in their field. So, what is the…
Charitable organizations serve the public through education, religion, science, health care, and other humanitarian acts. These organizations do good and encourage others to do good. U.S. federal policies and its federal tax code recognize their social value through special certain federal tax laws that encourage charitable giving. One such law, Internal Revenue Code Section (IRC)…
The Expansion of 26 U.S.C.A. Section 179 by the One Big Beautiful Bill Act of 2025 has caught domestic and international business executives and investors’ attention. One key question is who qualifies for the immediate expense deduction. Section 179 does not make a distinction between foreign and domestic or citizen or noncitizen. The One…
Texas has all kinds of places to stay: regular motels, hotels, tiny houses, treehouses, mud huts, yurts, and more. Even though they’re all different, they share one thing: they must all pay Texas’s State Hotel Occupancy Tax. Cities and counties can also add their own local version of this tax. Together, these taxes are called…
Origins and Purpose of the Bank Secrecy Act of 1970 The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions to help government agencies detect and prevent money laundering. Congress passed this law to combat the misuse of financial systems for…
Understanding how Texas sales tax works is an important part of running a business, whether you’ve been in business for years or are just getting started. There’s a lot to keep up with, but this guide will walk you through the key points. Filing your sales tax in Texas can be straightforward once you know…
Written by Dr. Tigist D. Gebrehiwot at Ethio Alliance Advocates LLP BRICS and African Continental Free Trade Area (AfCFTA) The expansion of BRICS, now including Ethiopia, Egypt, Iran, the UAE, and others, marks a pivotal shift in global economic alliances. Simultaneously, the African Continental Free Trade Area (AfCFTA) is uniting 55 African nations into a…
Texas’s commercial real estate market is growing rapidly, creating opportunities for both tenants and owners of commercial properties. However, the legal side of commercial ownership and leasing can be hard to navigate. The state laws that govern landlord/tenant relationships, leases, and property rights are extremely detailed and unique. Whether you’re leasing a single office space…
When a taxpayer owes significant back taxes, the consequences can go far beyond penalties and interest. Under federal law, the IRS can certify your tax debt as “seriously delinquent” and request that the U.S. Department of State deny, revoke, or limit your passport. This authority comes from 26 U.S.C. § 7345, which Congress enacted as…
Most businesses in Texas depend, to some extent, on digital tools to help them perform more effectively. From accounting systems and payroll to customer relationship management software, cloud storage, and data analytics platforms, these digital services are now essential in modern business. What a lot of business owners do not realize, however, is that many…
All around the world, ambitious business owners view the United States as one of the most promising places from which to grow and nurture a new company. Taking into account its strong entrepreneurial network, industry diversity, and huge consumer market, no place matches the opportunities available in the U.S.. However, before you can launch a…
The One Big Beautiful Bill Act (OBBBA), enacted on July 4, 2025, brings major changes to federal tax policy that small and medium-sized businesses—particularly commercial property owners, building managers, and other industry professionals—need to understand. Notably, the Act expands the Section 179 deduction, allowing businesses to immediately expense qualifying property and certain improvements to nonresidential…
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.