Fred Meissner - Phoenix, Arizona Tax Lawyer Services
Notable Attorneys
With our extensive experience, we help private company clients and small businesses determine the structure of their new enterprise in a way that allows them to achieve their goal while reducing costs and minimizing tax burden. We counsel and form the following:
- Incorporating business entities
- Corporation-shareholder transactions (including dividends and redemptions)
- Employment and deferred compensatory arrangements (including stock options, severance plans and equity incentive arrangements)
- Tax favorable alternatives for entity liquidation and dissolution
- Taxable and tax-free reorganizations
- Mergers and acquisitions
- Corporate divisional transactions (including spin-offs and split-ups of corporate lines of businesses or assets)
- Real estate transactions
- Bankruptcy and insolvency workouts for financially-troubled businesses
- Tax-oriented limited partnership or LLC offerings
- Litigation settlement awards
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USCIS Issues Clarifying Guidance on NAFTA TN Status Eligibility for Economists
U.S. Citizenship and Immigration Services (USCIS) announced today that it is clarifying policy guidance (PDF, 71 KB) on the specific work activities its officers should consider when determining whether an individual qualifies for TN nonimmigrant status as an economist.
The North American Free Trade Agreement (NAFTA) TN nonimmigrant status allows qualified Canadian and Mexican citizens to temporarily enter the U.S. to engage in specific professional activities, including the occupation of economist. The agreement, however, does not define the term economist, resulting in inconsistent decisions on whether certain analysts and financial professionals qualify for TN status as economists.
TN nonimmigrant status is intended to allow a limited number of professionals and specialists to work temporarily in certain specifically identified occupations in the United States. This updated guidance provides USCIS officers with a specific definition of one such category – economists – allowing them to adjudicate applications in a way that complies with the intent of the agreement. This policy update clarifies that professional economists requesting TN status must engage primarily in activities consistent with the profession of an economist. Individuals who work primarily in other occupations related to the field of economics — such as financial analysts, marketing analysts, and market research analysts — are not eligible for classification as a TN economist.