Category Archives: Jobs and Career

Requirements For Us Expats For Filing Income Tax Returns

Requirements For Us Expats For Filing Income Tax Returns

Living outside USA will not get you rid of the requirement to file annual income tax returns. Citizens and US green card holders are required by law to file their tax returns each year even if they have stayed outside United States or have not generated any income in United States of America. They should continue to file their returns same as when they were living in US if their annual gross income as an individual is in excess of $ 9,350 or $ 18,700 when filing as married jointly. The filing of tax return by expats is also required to claim any tax benefit including foreign earned income exclusions or foreign tax credits. Let us further study these requirements.

There are some special provisions in place which are applicable for expat taxpayers to make it convenient for them to file their returns. The filing of state tax returns may not be due but it is still mandatory for all of them to file their federal tax returns to Internal Revenue Service (IRS) department.

Let us first understand that filing of a tax return doesnt mean that necessarily you have to pay something to the tax authorities. As an expat you can qualify for foreign earned income exclusion in Form 2555. This means an expat earning in excess of $ 100,000 can still pay no taxes in US. In case you have paid any foreign income taxes you can claim tax credits of the equivalent account.

US expats have several options on where they have to send their tax returns. In case where no income tax is due they can file by mail addressed to IRS, Austin, TX office. In the case where you have tax dues you need to mail the return to IRS, Charlotte, NC office. American tax payers can also submit their returns at the nearest consulate office. Special extra time of six months is also provided to the expat taxpayers in order to file their returns. They usually have to file their returns by 15th October every year, this six months extension is automatic and one doesnt need apply to avail it. A simple form 4868 is supposed to be filed by this category of taxpayers.

One always also has a choice of electronically preparing and submitting their tax returns from an off shore location. This method has proven to be more efficient and less cumbersome.

Financial Services Careers And Maslow’s Hierarchy Of Needs

Financial Services Careers And Maslow’s Hierarchy Of Needs

Financial services careers offer some of the most exciting career opportunities for ambitious and innovative people. According the principles set forth in Maslow’s hierarchy of needs, the need for safety is at the foundation.

The role of financial services professionals is by definition to help others deal with the fundamental question, “what will I do if/when” something happens to me, my family, or my business? No other type of career can have as direct an impact on the satisfaction of these all important and often unavoidable aspects of life.

Maslow’s hierarchy of needs illustrates that the top of an individual’s pyramid of needs is self-actualization, being all they can be and more. Helping others, doing good for them and their families, and making money at the same time is considered by some as the very zenith of the pyramid.

Not only do they provide seemingly limitless chances for upward mobility, leading to executive-level positions, but they also offer a competitive compensation structure that proves to outdo many other work fields.

Advancement opportunities that come with these kinds of careers are often most attractive to people who are ambitious, because upward mobility is not based on seniority, but an employee’s individual level of performance.

These sorts of jobs allow many chances for high performing employees that want to move up through a company. And they can also be very pleasing to those that are just beginning in the company.

The structure of many financial firms allows for a fluid movement of ideas and commands between senior management and lower-level employees. In this sense, financial services industry jobs can be satisfying because all employees are able to build an identity within the company, one that is recognized and rewarded by upper-level management.

For potential employees that are looking for a fast-paced work environment, careers in the financial services fields can be the right way to go. While employees are required to think quickly and act even quicker, these types of jobs can be exciting and fast-paced career path.

Though these jobs require a great deal of dedication and focus while on the job, often relying on independent initiative and innovation, the level of rewards are commensurate with the amount of work put into the job.

There are a number of sub-sector fields in financial services careers, including, but not limited to–investment management, securities brokerage, and investment banking. So, there are many opportunities in financial services careers for those that are willing and ready to put in the work and start moving up the management ladder.

What Is The Salary Of A Private Investigator

What Is The Salary Of A Private Investigator

The price you will pay a private investigation agency for a hour of work usually varies between $40 to $100 and even more depending on the investigator prestige and the primarily on the job, because is one thing to spy on Mr Smith who is a regular person and another thing is to keep under observation some important company, so the risks that are evolved can increase drastically the job price and consequently the salary of a private investigator. There are a number of factors that determine how well paid a PI can get.

An approximative fee is $50 to $55 per hour, slide variations may appear depending on the company office, if it is a crowded area you can expect to pay up to $65 or contrary less than $40 if the area is at the peripheral of the city. Another element that can increase the paying bill is the good qualification the investigator has in the job domain. So the salary of a private investigator very much depends on having good connections at the local police or reference from previous clients.

A beginner in the business will earn no more than the minimum wage, but money can come fast if you are good in investigations. In such cases the salary of a private investigator usually begins at $25000 / year up to $75000 / year and according the job types. Usually agencies pay their hired detectives according to the number of worked hours, so if the company has many clients and you are free to work 10 hours a day, you will probably earn around $5000 monthly

On the other hand if the agency has little or no clients, then, working 10 15 hours per week won’t help you too much, and living from such a private investigator salary is not an option. Under the circumstances, a PI may go independent or work for two agencies at the same time. Another paying method is giving the employees a cut from the total sum the agency charges the client.

Some PIs (Private Investigators) pay to be in the business, they actually pay the investigation agencies to be associated with them, this so/called detectives are usually former law officers or people who have a degree in Investigation. The salary of such a private investigator is more of a fee. Many of these persons don’t realize at first that they pay more than they actually earn, this situation encourages the companies in charging lower prices than they would normally do.

Obviously, if you are planning to enter the investigation market just for the money, news is not so good, the salary of a private investigator very much depends on reference, qualification, partnership with an agency and so on. as There are also jobs risks present every day. But if you are really determined to become a PI, and you love seeing new situations every day than being a private investigator isn’t so bad at all.

A profession that could make you happy-Zodiac by zodiac-Astrology predictions 2011

A profession that could make you happy-Zodiac by zodiac-Astrology predictions 2011

Gemini (May 21-June 22) You were born under the sign of Gemini and your ruling planet is Mercury, the planet of communication. You like to talk, communicate, meet people from different places. Your Sun sign is MUTABLE and this will take you to function as a COMMUNICATOR, either in thought or action. You will not feel comfortable in a leadership position or in a job that forces you to stay in one place all the time. One of your functions is to connect people to each other, act as an intermediary or, provide a service. Gemini is an AIR sign and this makes you curious, sociable and mentally very active. All occupations that stimulate your intellect and ability to communicate are very favorable. You need variety, change, travel and exchange of ideas. You have the ability to perform two tasks at once. However, you must learn to be consistent, patient and control the speed of your thinking. You are very curious and your mind will always ask for more information. Your jovial and youthful attitude will allow you to meet others with ease and also your great adaptability lets you adapt to any change. You are probably quite childish and naive in your assessments, which will take many times to see entangled in problems or unexpected relationships and complex. You are very insightful and you have ideas and solutions that nobody ever would have thought. Though you enjoy the freedom and you get bored with people easily, you are very dependent on those people you admire or love. You enjoy the company of your best friends and, especially, the ability to talk and discuss everything that’s wrong. You often feel very attracted to travel to different places. You were born to study, write, learn and communicate. Your primary function in life is to receive and give, to create solutions, and to teach. To evolve, your spirit must learn to master patience, anxiety and nervousness so that you do not hurry and make your plans appropriately. Professions governed by Gemini: salesman, representative, journalist, writer, broadcaster, broker, dealer, publisher, photographer, artist, all professions related to the media, brokering and changing activities. Any adept astrologer can offer predictions on the following- Areas Suitable For Success In Work With Less Hurdles Suitable Mode Of Earning Your Living (Business/Job) Your Highest Period Of Growth/Setbacks Periods When You Should Resist A Change

Suitable Remedies To Improve The Planetary Conditions We have with us most experienced of the astrologers who have gone through thousands of horoscopes collectively before making any predictions for you. Check us out and explore yourself at Astrology predictions 2011. To directly get into the career analysis section click here Career horoscopes 2011.

Tips For Listing Self-employment On A Resume

Tips For Listing Self-employment On A Resume

Most people work for an employer. This means someone reviewing a resume is conditioned to expect the potential employee to have companies listed in their employment experience. However, some people have been self-employed. These tips will help you effectively list self-employment on your resume.

1. Make your intentions clear. A self-employed person may not have the personality to work at a company. Thus, the employer may fear that they will hire you, and then you will leave after a short time to start your own business.

Therefore, you need to let them know what you are planning. If you are committed to them, then let them know. If you are planning on working on the side as a consultant while you are with them, then let them know. Be honest!

2. Only include important self-employment. If you have done freelance work a couple times in the past year, then this does not need to be mentioned. If you were self-employed in order to fill an employment gap, then you should probably list this. You should definitely list any experience owning a home business.

These experiences are experiences that give you an edge over most candidates. You will want to be honest with your self-employment and emphasize why this is a positive attribute.

3. Include your job responsibilities. Self-employment and other employment are identical in this regard. With both, simply list your main responsibilities related to the job. Obviously, make sure to select the responsibilities that are most relevant to the overall picture you are trying to display.

4. Do not apologize. Self-employment is not a crime. In fact, it is an extreme positive. Do not apologize for being self-employed.

Having self-employment experience indicates you are a driven, self-starter with experience taking on responsibility. If handled correctly, possessing self-employment will make you a stand-out candidate for any job.

How Does Online Staff Induction Work

How Does Online Staff Induction Work

Every employer recognises the importance of a proper staff induction program. Apart from having to collect and classify every employee’s work-related personal information, an employer has to fulfil certain legislative obligations, including occupational health and safety issues, to ensure they meet regulatory compliance standards as well as ensuring employee safety. Online induction methods go a long way to discharging this responsibility, whilst at the same time ensuring that employees assimilate into a new work environment with confidence and knowledge.

Here are some reasons for developing online staff induction programs, along with some simple explanations of how the process can work in your environment:

A poorly planned staff induction program often results in poor employee performance on the job and can also contribute to new employees becoming uncomfortable in their new surroundings, even becoming alienated from the company culture.
A cost-effective online induction program for new employees makes it easy to manage and report on the progress of new staff as they acquire the skills they need to do specific jobs or use specific machinery. Although keeping accurate records can be time-consuming, it pays huge dividends when it comes to writing management reports or tracking processes if a safety concern is raised.
Today’s media savvy young people are more in-tune with web-based activities, and staff induction is no different. With a proper system in place, an employer can reduce manual administration costs substantially and ensure that staff continually acquire the information they need to progress through staffing ranks, performing more complex tasks as they go.
Multimedia presentations can be incorporated into the program to make learning not only more effective but more enjoyable as well. In fact, an online trading system can be easily integrated into other automated systems such as payroll and HR.
In high risk industries like construction, or in work sites where contractors regularly move from site to site, tracking the skills of each employee is easier and can prevent inappropriate allocation of responsibilities, especially when it comes to using complex equipment or working in dangerous situations.
Different groups of employees benefit from specifically targeted programs, which is easy to implement in an online induction system. These programs can be delivered in-house by developing your own programs, or by outsourcing course material to experts who can deliver an attractive online experience for your employees.
Employers can obtain valuable feedback from employees that can help shape future policies and induction programs. This can be done by arranging for outsourcing experts to contact your employees and identify such issues as things that motivate or annoy them, and what they like best and least in the program.
Online induction programs are easy to implement and, when managed properly, can not only discharge your responsibilities as an employer but provide you with a useful tool for managing your valuable human resources, now and in the future.

How To Choose The Best Professions To Make More Wow Gold

How To Choose The Best Professions To Make More Wow Gold

Choose Gathering Professions was always a important question for every player in world of warcraft. We all know that we can make a lot of world of warcraft gold via professions in WOW, and we talked a lot about this topic. But what is the best profession that can make the most wow gold? Sometimes the best question isnt which professions to pick its WHEN to pick them! If youre broke, or just starting out on a new server, then youre going to want different professions than someone whos already got plenty of gold and material resources available. Here are a few tips for picking the right profession for your character when you can benefit from it the best.

If you want to make more WOW Gold, why don’t you choose a profession in the wow? You can use mining to produce extra gold with minimal work if your planet of Warcraft character is frequently a miner. Every one of us realize that in WoW mining is frequently a gathering profession. Engineers, jewelcrafters and blacksmiths can make use of the ore you mine in different locations of Azeroth, Outlands and Northrend to craft items needed by other players. So when you sell it at the auction house in 1 of your real estate asset cities the ore you mine in WoW will allow 1 to produce wow gold.

These allow you to collect the materials (“mats”) that other players use to make items. The best professions to harvest these mats are skinning, herbalism, mining and enchanting (for disenchanting). Make sure to also pick up fishing and cooking which do not count against your two-profession limit. Maybe once you level up your skills, choose the best professions and take up blacksmithing, leatherworking, or jewelcrafting and create some stuff!

Here will show you an example to tell you the importance of selecting a good occupation. At the low levels in WOW, there isnt a whole lot that you need to spend gold on. Gear can be obtained from quests and dungeons. Training is inexpensive, as are ground mounts. If you dont buy expensive items on the auction house, its easy to accumulate gold. However, we all want our flying mount at level 60 and epic flying speed at 70! Saving up 5,000 gold may sound difficult, but if you break it down its not that bad. If you can sell a stack of rugged leather for 100 gold, then you only need to gather 50 stacks while leveling to pay for your mount. Since many quests already direct you to kill beasts and other monsters in the area, this is an incredibly easy task.

Singapore Employment Pass How To Get Approved

Singapore Employment Pass How To Get Approved

The Ministry of Manpower grants Singapore Employment Pass that is usually valid for one to two years to eligible applicants. Employment Pass provides comfort to foreigners in terms of travelling in and out of the country. The work visa is renewable as long as the pass holder remains employed in a Singapore company. It also provides chance to pass holder to apply for a permanent residence status.

Employment Pass is required for any entrepreneur who has just incorporated a Singapore company and desires to move to Singapore. Moreover, the work visa is also required for corporation looking to relocate their staff such as managing directors and management staff of the company.

We have provided basic considerations on how to be qualified, eligible and how to get approved for a Singapore Employment Pass. Please read on and take note of these details:

Eligibility Requirements:
Recognized educational diploma/degree
Professional qualifications
Specialist skills

Basic Considerations Assessed by The Ministry of Manpower:
Salary
Age
Roles & responsibility
Related work experience
Companys background
Companys paid up capital
Current citizenship

Basic Documents to Furnish:

The above qualifications should be satisfied first before securing the following documents: resume or CV stating your educational and employment history, copies of educational certificates and past employment testimonials, and a copy of your passport details. However, any documents that are not in English must be translated into English by an official translation service. In addition, there are three Employment Pass groups, P! for applicants earning a salary of more than S$7,000, P2 for salary of more than S$3,500 up to S$7,000 and Q1 for salary of more than S$2,500.

Service of a Professional Firm:

For processing of your application, you need to hire the services of a professional firm who will apply in your account for your Employment Pass. They will be the one to apply online to The Ministry of Manpower, as the application method is shorter. It normally takes 1 to 15 days to issue an approval. Once approved, the Ministry of Manpower will issue an In-Principle Approval (IPA) letter via email. The IPA letter must be produced upon collection of the EP at the Work Pass Division at Ministry of Manpower. An IPA letter is valid for Six months from the date of notification of approval.

China Amended the Personal Income Tax Law, the Tax Threshold Raised to 3500 Yuan

China Amended the Personal Income Tax Law, the Tax Threshold Raised to 3500 Yuan

The twenty-first meeting of the Eleventh National People’s Congress voted to amend the Personal Income Tax Law. According to the modification, monthly wage and salary income would be the base taxable income after subtracting Chinese 3500 yuan. Wage and salary income now apply to a new progressive tax rate, the new progressive rates start from 3% to 45%. This change of tax law will come into force on September 1.

The twenty-first meeting og the Eleventh National People’s Congress decided to amend the Personal Income Tax Law as follows:

The first paragraph of the third article was amended to: “Wage and salary income, apply to progressive tax rates, the progressive rates start from 3% to 45%.”

The first paragraph of the sixth article was amended to: “Monthly wage and salary income would be the base taxable income after subtracting 3500 Chinese yuan.

This is the third time the tax threshold raises after the implementation of Personal Income Tax Law in 1994. The tax threshold raised from 800 yuan to 1600 yuan in 2006 and raised from 1600 yuan to 2000 yuan in 2008. The amount of tax reduction is the biggest in the history.

In the initial review of the meeting in April, personal income tax threshold was amended from 2000 yuan to 3000 yuan and the existing income tax rates were amended from 9 cascade levels to 7 cascade levels. The NPC Standing Committee reviewed the tax law amendment draft and changed the first level rate from 5% to 3% in June 27.

As a result of this change, the taxpayers’ count reduced from 84 million to 24 million, that’s mean about 60 million taxpayers don’t need to pay personal tax any more, only 24 million taxpayers remain. This could substantially reduce the burden on low-income taxpayers.On the other hand, high-income people will pay more taxes due to the cascading tax rate level, so the total amount of personal income tax will not reduce too much.

This is a good news to all the employers, their cost on the personal income tax will be reduced greatly, because the count of employees who need to pay personal income tax has reduced. The Enterprises will have more money to put into production and development.

Further more, the tax rate of small business(annual income less than 60,000 yuan) reduced 40% in average, in a maximum of 57%, help the small business to weather the storm.

Reported by Bean Taylor from iFreeTouch.com at 06/30/2011.

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